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 bolthires 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 tot his job Apply tot his job Apply To this Job