Senior Associate- Hedge Fund Middle Office (Remote/Hybrid) in New York City, NY
Senior Associate- Hedge Fund Middle Office (Remote/Hybrid) - IQ-EQ - New York City, NY - work from home job
Company: IQ-EQ
Job description: Company Description
IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets.
Our client base is growing and our existing clients are engaging the firm across the spectrum of our services offerings. Job Description
• Preparing daily position and trade reconciliations between clients’ books and records and their Prime Brokers’
• Working with clients and prime brokers on trade break resolutions
• Preparing monthly tri-party position, cash, market value and accrual reconciliations
• Maintain Portfolio Accounting Systems
• Process, record, and reconcile capital calls, distributions, and corporate actions
• Review monthly Administrator NAV Packages and make updates to the portfolio accounting system if necessary
• Build and maintain fund accrual schedules
• Review monthly valuation reports and interface with the third part valuation firm
• Recalculate and review management fees and performance fees
• Schedule payment of invoices – expense processing and bill payment
• Maintain books and records in QuickBooks and prepare quarterly financial statements
• Preparing and managing the subscription and redemption documents for SMAs and Funds
• Assist with ad hoc requests
Qualifications
Successful candidates will have many, if not all, of the attributes below:
• Bachelor’s Degree Required
• BS/BA in accounting, finance, economics, or a related field
• 2+ years of total experience within the financial services industry.
Middle office experience working with hedge funds or fund accounting background is preferred
• General knowledge of and familiarity with financial instruments (i.e. equities, fixed income, options, swaps, futures, foreign exchange) within both domestic and global securities markets
• Must have attention to detail and ability to multi-task
• Strong written and verbal communication skills, including client relationship management
• Strong working knowledge of hedge funds and/or mutual funds and/or private equity funds and/or family offices
• Hard-working, dedicated, punctual and personable
• Strong research and writing skills
• Strong accounting and analytical skills
• Strong computer skills:
Advanced Excel, Portfolio Accounting Systems (Enfusion, Geneva, etc)
Additional Information
All your information will be kept confidential according to EEO guidelines.
Salary: $60,000-$70,000
#LI-Remote
Expected salary: $60000 - 70000 per year
Location: New York City, NY
Job date: Sat, 09 Sep 2023 22:03:44 GMT
Apply for the job now!Apply Now
Apply Now
Company: IQ-EQ
Job description: Company Description
IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infrastructure design; ongoing regulatory compliance (SEC, CFTC, and 40 Act); financial controls and operational support services; compliance and operational related projects and reviews; and outsourced CFO/controller and administration services to private equity fund investments – portfolio companies, real estate assets and energy assets.
Our client base is growing and our existing clients are engaging the firm across the spectrum of our services offerings. Job Description
• Preparing daily position and trade reconciliations between clients’ books and records and their Prime Brokers’
• Working with clients and prime brokers on trade break resolutions
• Preparing monthly tri-party position, cash, market value and accrual reconciliations
• Maintain Portfolio Accounting Systems
• Process, record, and reconcile capital calls, distributions, and corporate actions
• Review monthly Administrator NAV Packages and make updates to the portfolio accounting system if necessary
• Build and maintain fund accrual schedules
• Review monthly valuation reports and interface with the third part valuation firm
• Recalculate and review management fees and performance fees
• Schedule payment of invoices – expense processing and bill payment
• Maintain books and records in QuickBooks and prepare quarterly financial statements
• Preparing and managing the subscription and redemption documents for SMAs and Funds
• Assist with ad hoc requests
Qualifications
Successful candidates will have many, if not all, of the attributes below:
• Bachelor’s Degree Required
• BS/BA in accounting, finance, economics, or a related field
• 2+ years of total experience within the financial services industry.
Middle office experience working with hedge funds or fund accounting background is preferred
• General knowledge of and familiarity with financial instruments (i.e. equities, fixed income, options, swaps, futures, foreign exchange) within both domestic and global securities markets
• Must have attention to detail and ability to multi-task
• Strong written and verbal communication skills, including client relationship management
• Strong working knowledge of hedge funds and/or mutual funds and/or private equity funds and/or family offices
• Hard-working, dedicated, punctual and personable
• Strong research and writing skills
• Strong accounting and analytical skills
• Strong computer skills:
Advanced Excel, Portfolio Accounting Systems (Enfusion, Geneva, etc)
Additional Information
All your information will be kept confidential according to EEO guidelines.
Salary: $60,000-$70,000
#LI-Remote
Expected salary: $60000 - 70000 per year
Location: New York City, NY
Job date: Sat, 09 Sep 2023 22:03:44 GMT
Apply for the job now!Apply Now
Apply Now