iCapital · 2 days ago
Hedge Fund Finance - Associate
Salt Lake City, UT
Full-time
Hybrid
Mid Level
$70K/yr - $85K/yr
3+ years expiCapital is looking to hire an Associate to join the Hedge Fund Finance team. This role involves operational responsibility for servicing hedge and private equity fund vehicles, managing fund accounting and financial reporting to investors.
Asset ManagementBankingFinancial ServicesFinTech
Responsibilities
Build and maintain relationships with underlying fund managers, fund administrators, and distributors
Design and implement processes and procedures for servicing the funds
Work in close partnership with the Management team to enhance and automate key processes while developing and enhancing product, management, and other reporting to target efficiency and scale
Work closely with the Investor Relations, Product, Legal and Compliance, Technology, Sales, and Marketing teams to support fund operations
Participate in new fund structuring, setup, and onboarding
Provide oversight of fund administrators and other service providers, such as auditors, tax service providers, and custodians
Oversee monthly and quarterly feeder fund NAV and statement issuance by the team or administrator and track KPIs
Monitor cash positions and liquidity of investments, reconciliations, and manage cash reserves
Determine subscription and commitment sizes to underlying funds and conduct analysis on feeder fund expenses
Run accounts payable and expense allocation processes
Define, update, and maintain operating policies and procedures
Liaise with funds’ custodian and funds’ bank, as well as other counterparties as needed
Work with the counsel and CCO to ensure general compliance with fund docs as well as regulatory filings and requirements such as SEC and FINRA
Fulfill ad-hoc tasks as required by the client, team, and different parts within the organization
Qualification
Required
Bachelor's degree in accounting, finance, economics, statistics, or a business-related field
3+ years of fund accounting, fund administration, or finance operations experience (a focus on alternative investment funds including fund-of-funds and feeder funds is preferred)
Passion for the application of innovative technology
Demonstrated capacity and willingness to work both independently and within a close team structure on all tasks in a fast-paced environment
Excellent organizational skills and attention to detail with ability to see the big picture
Strong verbal, written, and interpersonal communication skills
Eager to learn new topics and work in an evolving business environment
Preferred
A focus on alternative investment funds including fund-of-funds and feeder funds
Advanced accounting and Excel skills with experience in an audit framework
Benefits
Equity for all full-time employees
Annual performance bonus
Employer matched retirement plan
Generously subsidized healthcare with 100% employer paid dental
Vision
Telemedicine
Virtual mental health counseling
Parental leave
Unlimited paid time off (PTO)
Company
iCapital
Innovating at the intersection of technology and investment opportunity, iCapital streamlines the integration of alternative investment strategies into client portfolios.
1001-5000 employees
H1B Sponsorship
iCapital has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (6)
2021 (10)
2020 (7)
Funding
Current Stage
Late StageTotal Funding
$1.55BKey Investors
Bank of AmericaTemasek HoldingsPing An Global Voyager
2025-07-10Private Equity· $820M
2022-06-23Corporate Round
2021-12-23Series Unknown· $50M
Leadership Team
Dan Vene
Co-Founder and Managing Partner
Nick Veronis
Managing Partner & Co-Founder
Recent News
Business Wire
2026-01-16
Business Wire
2026-01-15
2025-12-18
Company data provided by crunchbase