Fund Accounting 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 a highly organized, detail-oriented Fund Accounting Associate to join the Fund Management team at CAIS. The ideal candidate will be a positive self-starter with excellent accounting skills and great attention to detail. The ideal candidate works well under pressure and has a proven track record of working remotely with little supervision. This is a great opportunity to gain unique exposure within a fast-paced FinTech firm in the Alternative Investments space.  

Responsibilities: 

• Review monthly hedge fund and quarterly private equity fund NAV files prepared by a third-party administrators 
• Assist with preparation of capital call and distribution workbooks and track funding
• Prepare trade tickets for investment and monitor cash positions and liquidity of investments, reconciliations and manage cash reserve
• Liaise with external vendors such as bank/third-party administrator/auditor/tax/valuation specialist and develop relationships with them
• Support fund audits and assist in coordination of tax filings and tax reporting to investors 
• Review each funds’ principal documents, assessing accounting complexities around fund terms, managing credit lines, developing/enhancing/instituting operating procedures for products 
• Run accounts payable and expense allocation process
• Support the internal teams with client inquiries regarding funds’ performances, investors’ capital account balances, capital calls, and distributions 
• Design and implement processes and procedures for servicing the funds. Work in close partnership with the management team to enhance and automate key processes, and to develop and enhance reporting, targeting both efficiency and scale
• Mitigate risk through the adoption of appropriate controls, process documentation, cross training, and process improvement 
• Define, update and maintain operating policies and procedures
• Ensure data integrity for all standardized and customizable reporting
• Assist in implementing and tracking key performance indicators (KPIs)
• Ensure timely deliverables of all reports
• Opportunities to take on strategic-oriented projects and additional responsibilities based on capacity, skill, and interest   

Qualifications  

• Bachelor’s degree in finance, accounting, economics or a related discipline preferred  
• 1-3 years of relevant experience preferably with alternative investment industry experience
• Advanced skills in Microsoft Suite, specifically Excel VLOOKUP, INDEX and MATCH, Pivot Tables
• Strong organizational, multitasking, problem solving and time management skills
• Highly organized self-starter with experience coordinating multiple competing priorities in a fast-paced environment  

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<