Fund Controlling Senior Associate, CAIS
$121.5-148.5k
+ Bonus
3+ days a week in office
Alternative investment platform
Be an early applicant
Alternative investment platform
501-1000 employees
Be an early applicant
$121.5-148.5k
+ Bonus
3+ days a week in office
501-1000 employees
Company mission
To democratise access for independent financial advisors by breaking down barriers that prevent them from connecting with experienced alternative asset managers.
Role
Who you are
- Bachelor’s degree in accounting, finance, economics, or a related discipline; CPA or progress toward a CPA is a plus
- 4–6 years of experience in public accounting, fund administration, or fund accounting, with meaningful responsibility for audits of alternative investment funds
- Strong understanding of financial statements, audit procedures, U.S. GAAP, fund valuations, NAV calculations, and alternative investment fund structures
- Experience managing audit deliverables and coordinating across auditors, administrators, tax providers, and internal stakeholders
- Proficiency with Excel and AI tools, with demonstrated experience using technology to automate processes, analyze information, and improve accuracy and efficiency
- Strong attention to detail, judgment, organization, and ability to independently manage multiple deadlines in a fast-paced environment
What the job involves
- CAIS is seeking a Senior Associate to join the Fund Controlling team within Fund Management
- This role will primarily focus on overseeing fund NAV production and related financial reporting activities while also managing fund audits and supporting the broader accounting and operational needs of the funds
- The ideal candidate has strong alternative investment audit or fund accounting experience, can work independently across multiple stakeholders, and is proficient in using AI and automation tools to improve processes and controls
- Oversee the monthly hedge fund and quarterly private equity fund NAV production process performed by third-party fund administrators, including review and validation of administrator-delivered NAVs
- Coordinate annual fund audits from planning through completion, including managing timelines, preparing supporting documentation, responding to audit requests, and resolving open items
- Review financial statements, audit workpapers, NAV files, and supporting accounting records for accuracy and consistency with fund governing documents
- Liaise with auditors, third-party administrators, tax providers, valuation specialists, and internal stakeholders to ensure timely completion of NAV, audit and tax reporting deliverables
- Support tax filings, investor reporting, capital calls, distributions, cash management, reconciliations, accounts payable, and expense allocations
- Evaluate accounting and operational implications of fund terms, investments, valuations, credit facilities, and other fund activity
- Strengthen controls, documentation, and reporting while using AI and automation tools to streamline audit preparation and other fund accounting processes
- Support additional fund accounting, operational, and strategic projects based on business needs
Our take
Financial advisors often face challenges in accessing education and alternative investment funds due to the absence of an integrated platform for discovering these opportunities. This gap can hinder their ability to offer clients diverse investment options and make informed decisions.
CAIS addresses this need by providing an online marketplace that facilitates direct communication between financial advisors and asset managers regarding alternative investments. The platform sources expert advice across various sectors, including hedge funds, private equity, credit, real estate, and digital assets, allowing advisors to access valuable insights and opportunities.
With thousands of financial advisors utilising its services, CAIS oversees more than $1.2T in assets. The company has partnered with major custodians like Fidelity and Schwab, collectively managing over $6T in assets for more than 15,000 advisors. Following substantial funding and achieving unicorn status in 2022, CAIS is now focused on advancing its technology, enhancing customer experiences, and digitising product operations for both fund managers and financial advisors
Kirsty
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2022
$100m
LATE VC
Jan 2022
$225m
SERIES C
Total funding: $395m
Company benefits
- Healthcare & wellness: We offer highly subsidized medical, dental, vision plan options, and monthly reimbursements to support your lifestyle outside of work
- Coverage Waiver Allowance: Have benefits through another source? Receive a monthly allowance for waiving coverage
- Voluntary benefits: Enjoy discounted pricing on virtual marketplace retail benefits, pet insurance, legal, identity theft, critical illness, hospital coverage, and additional life and AD&D insurance
- Paid parental leave: New parents receive up to 16 weeks of fully paid leave
- Flexible PTO: Take the time you need in coordination with your team and manager. Plus, enjoy nine paid holidays throughout the year
- 401(k) matching: Participate in a comprehensive 401(k) plan with a 4% match
- Free Food: Take advantage of our in-office lunch program and a fully stocked kitchen
- Team events: Join our monthly happy hours, team building activities, and other events to ensure we stay connected
Company HQ
Midtown East, New York, NY
Leadership
Matt Brown
(Founder & CEO)Previously the Founder and Managing Principal at Brown Simpson Asset Management for 5 years and Managing Director at Fairfield Greenwich Group for 3 years.
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