What are the responsibilities and job description for the Investment Operations Associate - eFinancialCareers position at Jobs via eFinancialCareers?
About The Firm
Join a leading middle‑market private equity platform with a disciplined investment approach and a collaborative, performance‑driven culture. The firm manages multiple funds and co‑investment vehicles and is scaling its operations function to support continued growth.
Role Overview
The Investment Operations Associate will sit at the center of fund operations-owning capital activity, fund books and records, valuations support, and investor reporting. You'll partner closely with Finance, Deal Teams, Legal/Compliance, and third‑party administrators to ensure timely, accurate, and well‑controlled processes across the PE lifecycle.
Key Responsibilities
Join a leading middle‑market private equity platform with a disciplined investment approach and a collaborative, performance‑driven culture. The firm manages multiple funds and co‑investment vehicles and is scaling its operations function to support continued growth.
Role Overview
The Investment Operations Associate will sit at the center of fund operations-owning capital activity, fund books and records, valuations support, and investor reporting. You'll partner closely with Finance, Deal Teams, Legal/Compliance, and third‑party administrators to ensure timely, accurate, and well‑controlled processes across the PE lifecycle.
Key Responsibilities
- Manage capital activity: prepare/review capital calls and distributions, management fees, preferred return accruals, and carry/waterfall tracking
- Maintain fund accounting and books & records; support NAV and LP allocations across funds, co‑invests, and parallel vehicles
- Coordinate quarterly valuations (ASC 820 fair value), supporting memos, and portfolio company data ingestion
- Prepare and review quarterly investor reports, capital account statements, and ad‑hoc LP requests/side‑letter deliverables
- Oversee cash management, bank/custody reconciliations, and inter‑fund activity
- Support audit and tax processes (including K‑1 review and timelines) in partnership with administrators and auditors
- Assist with new fund launches, closings, and onboarding of new investors (subscription docs, onboarding data, equalization)
- Enhance internal controls, data quality, and workflow automation across fund admin, accounting, and reporting systems
- Partner with Legal/Compliance on regulatory and firm‑level reporting as needed
- Bachelor's in Accounting, Finance, or Economics
- 2-6 years in private equity fund operations or fund administration (Big 4/transaction services exposure a plus)
- Strong grasp of PE mechanics: capital calls/distributions, management fees, carry/waterfalls, allocations, and ASC 820
- Advanced Excel; experience with eFront, Investran, Allvue, Black Mountain/NXTerra, Clearwater, or SS&C is a plus
- Meticulous attention to detail, strong ownership mindset, and ability to thrive in a fast‑paced, deal‑driven environment
- Clear communicator with a collaborative approach and bias for process improvement
- Competitive base performance bonus
- Comprehensive benefits (medical, dental, vision, 401(k))
- Exposure to senior leadership and the full fund lifecycle
- Career growth in a scaling PE platform with modern systems and strong operational discipline
- Hybrid flexibility within a collaborative, high‑performance culture