iCapital · 1 week ago
Fund Finance, 34 Act Funds - Vice President
Salt Lake City, UT
Full-time
Hybrid
Senior Level, Lead/Staff
$125K/yr - $155K/yr
8+ years expiCapital is launching a new line of business focused on '34 Act Registered Funds, providing a comprehensive solution for high-net-worth clients. They are seeking a meticulous Vice President to oversee critical accounting, valuation, and reporting functions, ensuring the integrity of financial data and compliance with SEC requirements.
Asset ManagementBankingFinancial ServicesFinTech
Responsibilities
Perform detailed reviews of the monthly NAV packages prepared by third-party fund administrators
Reconcile cash, positions, and activity between the administrator and custodian
Validate portfolio valuations to ensure they align with data provided by the GP and their independent valuation advisor
Independently recalculate management and incentive fees to verify accuracy
Review and approve fund-level expense payments and accruals
Assist in the preparation and review of financial statements and schedules for quarterly (Form 10-Q) and annual (Form 10-K) SEC filings
Act as a key liaison with the fund's external auditors, managing the end-to-end annual audit process
Support the drafting and review of current reports (Form 8-K) for events such as monthly subscriptions
Leverage iCapital technology to create and publish monthly NAV statements and fact cards for investors and distribution partners
Contribute to the oversight of the third-party tax provider to ensure timely and accurate delivery of investor K-1s
Calculate proration factors for oversubscribed quarterly tender offers
Assist in the development and maintenance of internal controls over financial reporting to comply with regulatory requirements
Contribute to the maintenance of our SOC-1 report to include the '34 Act fund servicing model
Identify and implement process improvements to enhance the efficiency and accuracy of the fund finance function
Qualification
Required
+ 8+ years of experience in fund accounting and/or public accounting (with a focus on alternative investment management clients)
+ Strong knowledge of investment company accounting under US GAAP is required
+ Experience with registered funds ('40 Act and '34 Act) and familiarity with SEC reporting requirements (Form 10-K, 10-Q)
+ Able to manage complex financial data with a commitment to being accurate and meticulous
+ Demonstrated ability to work in a team and work effectively with internal partners and external service providers
Preferred
CPA is preferred but not required
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