Senior Associate - Private Equity Fund Accounting (Remote Optional)

  • Market St, Philadelphia, PA, USA
  • Employees can work remotely
  • Full-time
  • Type of Hire: Permanent
  • Department: Finance & Accounting

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

  • Support IQEQ client leads on multiple Private Equity funds within various industries 
  • Maintain general ledger, Cash, Payables and Receivables 
  • Prepare Treasury cash disbursements for all entities 
  • Monitor daily banking transactions 
  • Maintain fixed assets register 
  • Produce cash & expense forecasting as needed 
  • Monitor and maintain internal controls 
  • Reconcile customer/vendor POs to billings 
  • Perform monthly closing entries and general ledger account reconciliations including inventory, proactively  calculating estimates and accruals, recording journal entries as required.  
  • Analyze cost accounting data and assist with cycle count/physical inventories 
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs and weighted average 
  • Responsible for hands-on cost accounting, for multiple projects. 
  • Monitor, update and maintain all aspects of the inventory valuation system and ERP system. 
  • Investigate cycle counting variances and resolve issues.  
  • Handle daily/routine client information requests and fulfill ad-hoc requests as needed 
  • Manage and prioritize work tasks to meet competing deadlines 


  • Bachelor's degree in Accounting/Finance with 3.0 GPA  
  • 3+ years of experience in Fund Accounting
  • Ability to provide exceptional client service 
  • Ability to collaborate with others in a team environment 
  • Ability to produce high quality work product and prioritize tasks to meet deadlines 
  • Ability to communicate effectively and professionally 
  • Ability to work overtime as needed to meet deadlines 
  • Knowledge of QuickBooks, Microsoft Outlook, Excel, and Word (Investran a plus)

Additional Information

All your information will be kept confidential according to EEO guidelines.

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