IQ-EQ
Senior Associate – Private Equity Fund Accounting
IQ-EQ, Chicago, Illinois, United States, 60290
Senior Associate – Private Equity Fund Accounting
3 days ago Be among the first 25 applicants Overview
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. We’re driven by our Group purpose, to power people and possibilities. What You’ll Do
Support client leads across multiple private equity funds, ensuring deliverables align with limited partnership agreements and client expectations. Apply knowledge of partnership terms to financial reporting, income/expense allocations, and complex fund calculations like carried interest and waterfall models. Prepare and review journal entries, capital account statements, investor notices, and manage capital call and distribution processes. Oversee financial statement reviews, coordinate with auditors and tax teams during year-end, and respond to client and ad hoc requests. Lead process improvements, manage competing deadlines, and train and develop junior team members. Qualifications
You excel in client service and thrive in collaborative environments where feedback is valued. You bring 3+ years of progressive experience in private equity, public accounting, or a mix of alternative asset and public accounting roles, supported by a degree in Accounting. You have strong technical and analytical skills in fund accounting and administration, with advanced proficiency in QuickBooks, Excel, Outlook, Word, and Investran. You consistently deliver accurate, high-volume work while managing competing deadlines and maintaining extreme attention to detail. You’re capable of leading and mentoring junior team members and are flexible to work overtime when needed to meet deadlines. What We Offer
IQ-EQ offers a comprehensive benefits package designed to support employees\' well-being and work-life balance. Generous paid time off: 20 days of PTO, 7 sick days annually, with PTO increasing over time; 10 paid holidays per year; 401(k) with company match (subject to eligibility). Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans. Paid parental leave and a hybrid work schedule to promote personal and professional fulfillment. Salary for this position ranges based on experience and location ($70,000-$95,000). Additional Information
Our commitment to you and the environment: Sustainability is integral to our strategy and operations, and we aim to foster an inclusive, equitable and diverse culture. Our learning and development programmes (including PowerU and MyCampus) enable us to invest in growing our employees\' careers, while our hybrid working approach supports balance and flexibility. We want to empower our 5,800+ employees from 94 nationalities across 25 countries to reach their potential. Through IQ-EQ Launchpad we support women managers launching their first fund. We’re committed to growing relationships with our clients and supporting their objectives.
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3 days ago Be among the first 25 applicants Overview
We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide. We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms. Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. We’re driven by our Group purpose, to power people and possibilities. What You’ll Do
Support client leads across multiple private equity funds, ensuring deliverables align with limited partnership agreements and client expectations. Apply knowledge of partnership terms to financial reporting, income/expense allocations, and complex fund calculations like carried interest and waterfall models. Prepare and review journal entries, capital account statements, investor notices, and manage capital call and distribution processes. Oversee financial statement reviews, coordinate with auditors and tax teams during year-end, and respond to client and ad hoc requests. Lead process improvements, manage competing deadlines, and train and develop junior team members. Qualifications
You excel in client service and thrive in collaborative environments where feedback is valued. You bring 3+ years of progressive experience in private equity, public accounting, or a mix of alternative asset and public accounting roles, supported by a degree in Accounting. You have strong technical and analytical skills in fund accounting and administration, with advanced proficiency in QuickBooks, Excel, Outlook, Word, and Investran. You consistently deliver accurate, high-volume work while managing competing deadlines and maintaining extreme attention to detail. You’re capable of leading and mentoring junior team members and are flexible to work overtime when needed to meet deadlines. What We Offer
IQ-EQ offers a comprehensive benefits package designed to support employees\' well-being and work-life balance. Generous paid time off: 20 days of PTO, 7 sick days annually, with PTO increasing over time; 10 paid holidays per year; 401(k) with company match (subject to eligibility). Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans. Paid parental leave and a hybrid work schedule to promote personal and professional fulfillment. Salary for this position ranges based on experience and location ($70,000-$95,000). Additional Information
Our commitment to you and the environment: Sustainability is integral to our strategy and operations, and we aim to foster an inclusive, equitable and diverse culture. Our learning and development programmes (including PowerU and MyCampus) enable us to invest in growing our employees\' careers, while our hybrid working approach supports balance and flexibility. We want to empower our 5,800+ employees from 94 nationalities across 25 countries to reach their potential. Through IQ-EQ Launchpad we support women managers launching their first fund. We’re committed to growing relationships with our clients and supporting their objectives.
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