Director of Private Equity Operations

4 weeks ago


Dallas, Texas, United States IQ-EQ Full time
Job Summary

We are seeking a highly skilled and experienced Associate Director to join our team at IQEQ. As a key member of our financial operations team, you will be responsible for providing exceptional client service and support to our private equity and hedge fund clients.

Key Responsibilities
  • Support client leads on multiple private equity funds within various industries
  • Manage team and support functions to ensure adherence to timelines on client deliverables
  • Maintain a working understanding of limited partnership agreements and apply terms to financial reporting and income and expense allocations
  • Prepare and/or review journal entries, management fee calculations, investor allocations, capital account statements, capital call and distribution calculations, sources/uses of cash, investor notices, carried interest calculations, and maintenance of waterfall models
  • Manage the delivery of capital call and distributions notices to clients and investors
  • Review financial statements, notes disclosures, and supporting schedules
  • Manage year-end process and handle requests from external auditors and tax teams
  • Assess operational effectiveness and make suggestions for process development
  • Handle daily/routine client information requests and fulfill ad-hoc requests as needed
  • Manage and prioritize work tasks to meet competing deadlines
  • Train and develop junior team members
Requirements
  • 5+ years of progressive experience in private equity, public accounting, or a combination of experience at an alternative asset investment firm and public accounting experience
  • Analytical and technical skills with proficiency in accounting and administration for alternative investment funds
  • Minimum of a Bachelor's degree in Accounting
  • Ability to provide exceptional client service
  • Ability to collaborate with others in a team environment, provide and accept constructive feedback
  • Ability to produce high quantity of work product with accuracy and extreme attention to detail
  • Ability to manage multiple demands and competing deadlines
  • Ability to prepare subsequent close rebalances and American waterfall models
  • Effective and professional communication
  • Ability to work overtime as needed to meet deadlines
  • Advanced knowledge of QuickBooks, Microsoft Outlook, Excel, Word, and Investran preferred
  • Experience in or desire to manage and train junior team members
  • Experience working on funds in the oil and gas industry is a plus
What We Offer

We offer a competitive salary based on experience and location ($120,000-$150,000) and a full benefits package.



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