CORPORATE FINANCE - ASSOCIATE

at iCapital (View all jobs)

Greenwich, CT, United States

iCapital is powering the world's alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $152 billion in global client assets invested in 1,210 funds, as of December 2022.

iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 - 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron's Solutions Provider award (See link below).

ABOUT THE ROLE

iCapital is looking to hire an Associate to join the Corporate Finance team. This role will involve accounting and reporting responsibilities, month end close duties, accounts payable tasks, treasury management and financial reporting consolidations and eliminations as well as ad hoc projects.

RESPONSIBILITIES

• Expense Management and Reporting:

  • Assist in managing the firm's operating expense base, liaising with department heads for expense tracking, processing, booking, and reporting, while supporting expense budgeting and forecasting inputs.

  • Assist in processing end-to-end payments and invoicing processes for the firm's strategic A/P software.

  • Prepare analysis related to company profit and loss statements and changes in accounts.

• Month End Close:

  • Calculate and consolidate P&L data to prepare and book journal entries for operating expenses and accruals.

  • Prepare monthly balance sheet reconciliations.

  • Prepare journal entries for various legal entities.

  • Assist with the maintenance of all financial records and accounting files.

  • Prepare various non-cash amortization and depreciation entries, among others.

• Cash Reconciliation:

  • Reconcile cash inflows and outflows between the firm's bank accounts and general ledger.

  • Prepare monthly cash reconciliations.

• Other Projects:

  • Identify and remediate process gaps and implementing effective internal controls; improve documentation of internal control processes.

  • Assist in completing special projects as needed such as implementation of new invoicing and vendor software and financial planning and analysis tools.

  • Work on new, challenging assignments on a spontaneous basis.

  • Coordinate across multiple departments to complete assignments that require collaboration, including providing financial data for any forms or filings needed to be completed organization-wide

QUALIFICATIONS

• 3-5 years of corporate accounting/audit experience within the financial services industry

• Understanding of GAAP reporting

• Familiar with Oracle NetSuite and/or General Ledger systems preferred

• Experience with Coupa or similar A/P system preferred

• Knowledge of booking journal entries

• Fund accounting experience preferred

• Degree in Accounting required

• CPA license (achieved or actively pursuing) preferred

• Proficient with Excel and Power Point

• Able to manage large sets of data and be able to implement checks and balances

• Excellent oral and written communication skills

• Detailed oriented with big picture capability

BENEFITS

The base salary range for this role is $85,000 to $105,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together and prioritize office-first four days a week. Most employees have the option to work remotely one day a week while some positions will be designated in-office jobs, based on their function.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

iCapital is the leading global fintech company and has transformed how wealth management and asset management companies access private markets for clients. We do this through intuitive, end-to-end technology that provides education about private investments and analytical tools to evaluate them.