Associate Director – Management Company Accounting (Alternative Assets)

IQ-EQ

  • Chicago, IL
  • Permanent
  • Full-time
  • 10 days ago
Company DescriptionWe'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. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.We're driven by our Group purpose, to power people and possibilities.Job DescriptionThis position will oversee all accounting and financial reporting for management company entities, ensuring compliance with relevant standards and regulations. This role is part of our alternative investment management team and is involved in preparing financial statements, managing expenses and payroll, consolidating subsidiaries, and collaborating with internal and external stakeholders.What you'll do
  • You'll manage accounting and financial reporting for Management Company entities, including interim and annual financial statements, management accounts, and regulatory submissions
  • You'll oversee the chart of accounts, expense allocations (including payroll), and consolidate any subsidiaries
  • You'll ensure compliance with accounting standards, regulatory requirements, and internal policies and procedures
  • You'll collaborate with auditors, tax advisors, regulators, and internal teams to support accurate reporting and analysis
  • You'll monitor cash flows, investment transactions, and provide financial insights to support decision-making and strengthen financial controls
What we offer
  • IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance
  • Employees receive generous paid time off, including 20 days of PTO and 7 sick days annually, with PTO increasing over time. The company also observes 10 paid holidays each year, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility)
  • Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans
  • Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfilment
  • The salary for this position will be dependent on experience and location ($115,000-$150,0000)
Qualifications
  • You have a proven track record of leading accounting teams across multiple entities and locations
  • You hold a Bachelor's degree in Accounting or a related field, with a professional qualification (CPA, ACA, ACCA) strongly preferred
  • You bring over seven years of experience in accounting and financial reporting within the alternative investment industry
  • You possess deep knowledge of accounting standards and regulations, including US GAAP, IFRS, AIFMD, and UCITS
  • You demonstrate strong analytical, communication, and interpersonal skills, with proficiency in Microsoft Office and accounting software like QuickBooks
Additional InformationOur commitment to you and the environmentSustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders - including our employees, clients, and local communities - while also reducing our impact on our natural environment.There is always more we can, and should do, to improve - whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We're committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees' careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential. Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.We're committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success leads to our sustainability and success. We're emotionally invested in our clients right from the beginning.#LI-HYBRID

IQ-EQ