Job Decription:
Primary Responsibility – Treasury & Fund Management
- Lead cash and treasury management activities for investment entities and portfolio companies
- Manage daily cash positions, liquidity, and funding requirements across entities
- Monitor cash inflows and outflows and maintain accurate cash position reporting
- Prepare and maintain cash forecasts, including short-term and long-term liquidity projections
- Manage and reconcile bank accounts, ensuring all transactions are accurately recorded and supported by source-of-truth documentation
- Oversee fund transactions, capital activity, capital calls, distributions, and intercompany cash movements
- Coordinate banking activities, including payment processing, bank account administration, and resolution of banking issues
- Monitor liquidity requirements and proactively identify potential cash shortfalls or excess cash positions
- Ensure timely and accurate recording, allocation, and reconciliation of cash transactions
- Support treasury-related financial reporting and provide clear analysis of cash movements and variances
- Maintain complete and audit-ready documentation for treasury, banking, fund transactions, and cash activity
- Coordinate with internal teams, investment entities, portfolio companies, and banking partners to ensure timely execution of treasury activities
Accounting & Financial Reporting
- Prepare balance sheet reconciliations fully supported by source-of-truth documentation
- Investigate reconciling items and ensure timely resolution
- Prepare and maintain accounting records and financial reporting for investment entities and portfolio companies
- Assist in the preparation of financial statements and supporting schedules
- Perform month-on-month variance analysis, highlighting significant fluctuations and their underlying causes
- Ensure accounting and financial reporting activities are accurate, complete, and delivered within established deadlines
Accounts Payable & Cash Operations
- Ensure accuracy of AP entries and resolve invoice, vendor, and coding issues
- Reconcile AP data during month-end close
- Oversee cash postings, allocations, and reconciliations
- Coordinate AP and cash-related activities with treasury and accounting functions
Tax & Audit Support
- Execute tax compliance activities, ensuring client tax obligations are met in line with contracts and applicable regulations
- Support external and internal audit requirements by providing accurate reconciliations, documentation, and timely responses
- Ensure all accounting, treasury, and financial records are audit-ready and properly filed
Client Services & Process Improvement
- Monitor client health, provide timely updates, escalate risks, and help maintain strong client relationships
- Identify inefficiencies and propose workflow enhancements
- Contribute to automation, standardization, and documentation updates across FSA
- Support continuous improvement initiatives within the department
- Follow IQ BackOffice SOPs, documentation requirements, and internal control policies
- Maintain strict confidentiality and data integrity
Required:
- Bachelor's degree in Accountancy, Finance, or a related field
- 5+ years of accounting experience, with significant experience in treasury, cash management, and/or fund accounting
- Must have hands-on fund accounting or fund administration experience, preferably supporting Private Equity or closed-end fund structures
- Strong experience in treasury operations, including cash management, bank reconciliations, cash forecasting, liquidity monitoring, fund transactions, capital activity, and distributions
- Experience managing cash and treasury activities across multiple investment entities and/or portfolio companies
- Strong understanding of accounting principles, financial reporting, internal controls, and reconciliation processes
- Strong understanding of fund transactions, capital calls, distributions, investment activity, and intercompany transactions
- Proficient in Excel, including pivot tables, advanced formulas, and shortcut keys
- Strong analytical, reconciliation, and problem-solving skills, with the ability to investigate and resolve discrepancies independently
- Experience with ERP/accounting systems such as Sage Intacct, QuickBooks, NetSuite, SAP, or Xero
