Accounts Payable – Analyst / Associate
iCapital Network 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 $70 billion in global client assets invested in close to 750 funds across more than 125,000 underlying accounts.
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
The Accounts Payable role will ensure the timely approval and payment of vendor invoices for over 600 separate legal entities. This team ensures effective record-keeping and safeguarding of fund assets to confirm that invoices are valid and accurately accounted for.
Responsibilities
- Communicate effectively with stakeholders both internally and externally to accomplish role objectives.
- Work with large volumes of data.
- Understand and follow procedures and ensure that procedures are updated for process enhancements.
- Calculate allocations and reconciliations in accordance with Fund Finance supervisor instructions and in accordance with Fund governing documents.
- Utilize large scale, innovative software to provide required controls and process flow company wide.
- Review processes for continuous improvement and innovation.
Qualifications
- Experience in an Accounts Payable function
- Proficiency with accounts payable or bookkeeping software
- Experience in tracking and monitoring processes
- Development and maintain metrics and KPIs
- High level of proficiency in reconciling large volumes of data
As we plan to re-enter our offices in 2021, iCapital will offer most employees the flexibility to work remotely one to two days a week. Every department has different needs, and some positions will be designated in-office jobs, based on their function.
While we are currently working remotely due to COVID-19, this position will be based in our Princeton, NJ or Lisbon, Portugal office.
For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
iCapital Network 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.