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 $125 billion in global client assets invested in 1,012 funds, as of April 2022.

iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019, 2020 and 2021 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

iCapital is looking for an Associate / Assistant Vice President, to cover the Investment Advisers business and be a part of the Corporate Finance team. This role will include corporate accounting and financial operations responsibilities specific to the firm’s Investment Advisers and related vehicles, such as month end close duties, assisting with the preparation of budgets and forecasts, and consolidation of financial reports. This position will report to the Vice President, Regulated Entities. 

Responsibilities

  • Support all accounting and compliance related functions of the Company’s RIAs and related vehicles:
    • Produce clean and timely financials as required by regulators, clients, and internal commercial teams.
    • Reconcile cash accounts and book journal entries.
    • Ensure accuracy of payables, receivables, and other accruals.
    • Process revenue collections and trails payments.
    • Review and reconcile allocation of shared expenses from parent to subsidiary.
    • Update time-trend analytics to explain variance on month-over-month, quarterly, and year-on-year Financials.
  • Implement effective internal controls and improve documentation of internal control processes.
  • Liaise with external auditors, tax preparer, and other 3rd party service providers and clients.
  • Assist with special projects as needed, such as new systems implementations.

Qualifications

  • 5-7 years of Corporate Accounting experience within the Financial Services industry preferred
  • Registered Investment Adviser experience preferred but not required
  • Experience with NetSuite preferred but not required.
  • Knowledge of booking journal entries and consolidation of financial statements required
  • Degree in Accounting required
  • CPA license preferred but not required
  • FINRA Series 99, 65, and/or 66 licenses preferred but not required
  • Proficient with Excel, Word, and PowerPoint
  • 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 situational awareness

Benefits

iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; unlimited paid time off (PTO) and parental leave. 

We offer most employees the flexibility to work in the office three to four days and remotely for the remainder of the week.  Every department has different needs, and 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

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.

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