Fund Controlling Associate

CAIS is the pioneer in democratizing access to and education about alternative investments for independent financial advisors, empowering them to engage and transact with leading asset managers on a massive scale through a wide variety of alternative investment products and technology solutions. CAIS provides financial advisors with a broad selection of alternative investment strategies, including hedge funds, private equity, private credit, real estate, digital assets, and structured notes. CAIS also delivers industry-leading technology, operational efficiency, and world-class client service throughout the pre-trade, trade, and post-trade experience. CAIS supports over 50,000 advisors who oversee more than $6 trillion in network assets.  

CAIS is seeking an associate to join its Fund Controlling team. Successful candidates will have 5+ years of hedge and/or private equity fund accounting experience with a strong understanding of alternative investments and a desire to build relationships with administrators and fund managers. The candidate will have the opportunity to lead the fund accounting for existing and new fund vehicles.

Responsibilities:

• Support team with onboarding new products through structuring, creation of operating models, and launches
• Proceduralize onboarding, analyses, and maintenance processes for hedge/private equity fund of funds
• Prepare and present revenue and expense analysis to senior management
• Examine vendor’s accounting, tax, and audit services for each fund including the review of monthly, quarterly, and annual valuations as well as financial reporting
• Review each funds’ principal documents, assessing accounting complexities around fund terms, managing credit lines, developing/enhancing/instituting operating procedures for products
• Preparation of monthly and quarterly files for internal and external client reporting
• Ensure data integrity for all standardized and customizable reporting
• Lead audits of hedge and private equity funds and coordinate tax filings and tax reporting to investors
• Ease error rates and mitigate risk through the adoption of appropriate controls, process documentation, cross training, and process improvement
• Support the internal teams with client inquiries regarding funds’ performances, investors’ capital account balances, capital calls, and distributions
• Liaise and develop relationships with custodians, third party administrators, and other vendors
• Liaise with administrators for capital calls, distributions and NAV reconciliation
• Opportunities to take on strategic-oriented projects and additional responsibilities based on capacity, skill, and interest

Requirements: 

• 5+ years of alternative investment fund experience at a fund manager, fund administrator, auditor or bank platform required
• Private Equity or Hedge Fund experience a must, funds of funds experience a plus
• Bachelor’s degree in finance, accounting, economics, or a related discipline preferred
• CPA strongly preferred
• Advanced skills in Microsoft Excel, Word and PowerPoint
• Effective communicator, both written and verbal; ability to “manage up”
• Ability to independently execute instructions with great attention to detail and consistently high-quality work product; excellent organizational skills
• Experience and aptitude in cross-functional collaboration
• Experience coordinating multiple competing priorities in a fast-paced environment
• Exhibits leadership qualities and takes ownership of projects and deliverables

CAIS is consistently recognized as a Best Place to Work, and our culture is at the heart of our success. We are committed to fostering an inclusive environment where employees can be their most authentic selves and feel inspired and supported to bring their voice forward to drive community, growth, and innovation. We are an equal opportunity employer, and do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law.  Learn more about our culture, benefits, and people at https://www.caisgroup.com/our-company/careers. 

CAIS’ compensation package includes a market competitive salary, a performance bonus, and exceptional benefits. If you are located in New York, New York, the base salary range for this role is $100,000 - $135,000. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and specific office location. 

CAIS offers a comprehensive benefits package that includes generously subsidized healthcare with 100% employer paid dental and vision insurance, an employer matched retirement plan, wellness programs, and generous PTO and parental leave. Additionally, CAIS offers a flexible, hybrid in-office model; for most roles, we do not require a minimum number of days in office per week. For more information on our benefits and career opportunities, please visit our website: https://www.caisgroup.com/our-company/careers.