Corporate Fund Expense Manager, iCapital

Assistant Vice President/Vice President

$130-180k

ICapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus

NetSuite

Oracle

Senior and Expert level

New York

Fintech platform for alternative investments

Be an early applicant

Fintech platform for alternative investments

1001+ employees

FintechB2BBankingInvestingSaaS

Be an early applicant

$130-180k

ICapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus

NetSuite

Oracle

Senior and Expert level

New York

1001+ employees

FintechB2BBankingInvestingSaaS

Company mission

To power the world’s alternative investment marketplace.

Job

Company

Role

Who you are

7-15 years of corporate accounting/audit experience within the financial services industry
Understanding of GAAP reporting
Degree in Accounting
CPA license (achieved or actively pursuing) is preferred
Fund accounting experience is preferred
Familiar with Oracle NetSuite and/or General Ledger systems (i.e., PeopleSoft, Axiom) are preferred
Experience with Coupa or similar A/P system is preferred
Able to manage large sets of data and be able to implement checks and balances
Excellent oral and written communication skills, detail oriented with big picture capability

What the job involves

ICapital is looking to hire a Corporate Finance Expense Manager to manage the Fund Related expense division of the Expense Controllership team within Corporate Finance
This role will report to the Senior Vice President, Expense Controller and be responsible for the oversight of the month end close processes for Fund Related and Legal Expense FSLI’s, related Accounts Payable functions and on-going AR reporting for outstanding Fund Reimbursables
Review month end journal entries for balance sheet and income statement transactions for legal and fund related expenses (i.e. cash, accounts receivable, accounts payable, expenses)
Review monthly expense analysis and collaborate with FP&A team on budget vs actual reporting
Provide high level analytics for MoM flux for month end reporting flash reports
Review monthly reporting with various internal stakeholders regarding receivables, payments and collectability of outstanding Fund reimbursable AR
Oversee Corporate process of monthly billing of invoices inter-company for Fund receivables
Review journals and assist team with monthly cash reconciliations
Manage handling of allocations of receivables across multitude of funds and work with various internal teams
Lead and coordinate meetings with departments to answer questions and ensure processes are being followed
Assist with developing and monitoring KPI’s and creating progress reports. Maintain data analytics and statistics on AP aging, AR collectability, productivity benchmarks, etc
Oversee all day-to-day AP operations and processing of high-volume invoices into AP system (Coupa). Lead and coordinate meetings with third party vendor AR stakeholders
Manage ad-hoc ticketing system and delegation of tasks relating to communications with internal and external stakeholders in a timely manner
Maintain and improve documentation of internal procedures and master reference files. Identify and remediate process gaps and implement effective internal controls
Continuously looking for opportunities to improve operational efficiencies and process improvements. Able to take on new and challenging assignments on an ad-hoc basis

Our take

Alternative investing can yield huge profits, but it can often be inaccessible, even to enterprises. iCapital solves this problem by guiding large-scale businesses through the alternative investing process.

Since launching in 2013, iCapital has provided enterprises with an investing marketplace. Its focus has been on banking, wealth management, and asset management companies, and iCapital now serves clients such as JP Morgan, Evercore, and Rockefeller. As of February 2023, the company services over $153 billion in global client assets, clear evidence of industry confidence in the company.

iCapital's impact on the financial world is undeniable, forging strong and profitable partnerships with leading institutions like Morgan Stanley. With a proven track record and a rapidly growing platform, iCapital is poised for significant further expansion in the years to come.

Steph

Company Specialist at Welcome to the Jungle

Company

Funding (last 2 of 8 rounds)

Dec 2021

$50m

LATE VC

Jul 2021

$440m

GROWTH EQUITY VC

Total funding: $680.6m

Company HQ

Murray Hill, New York, NY

Leadership

Lawrence Calcano

(CEO)

Previously worked as Director of Capitol Acquisition Corp., and served as Director of Vibrant Emotional Health for 10 years.

Salary benchmarks

We don't have enough data yet to provide salary benchmarks for this role.

Submit your salary to help other candidates with crowdsourced salary estimates.

Share this job

View 17 more jobs at iCapital