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 and 2020 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

This role of FP&A Associate – Budget & Forecasting will involve Financial & Managerial Accounting responsibilities, monthly and quarterly reporting duties (including financial close), preparing and assisting with budgets and forecasts, treasury management and financial reporting consolidation.

Responsibilities

• Overseeing A/P and A/R functions relating to various revenue sources and associated trail commissions:
  • Prepare analysis related to company revenue sources
  • Ensure accuracy of receivables and payables
• Assisting with month-end close process on a day-to-day basis including:
  • Preparing consolidated revenue calculations for multiple revenue sources
  • Assisting with the maintenance of all records and accounting files
  • Maintenance of financial reporting schedules
  • Calculating revenue and trails associated with specified client groups and revenue sources
• Assisting in preparation of monthly management and board financial packages including consolidation of financial statements, actual versus budget variance analysis and compilation of Company Key Performance Indicators (KPI) reports
• Identifying and remediating process gaps and implementing effective internal controls; improve documentation of internal control processes
• Assisting in completing special projects as needed such as implementation of new cash management, management fee calculations and financial planning and analysis tools
• Develop revenue and expense financial models and analyses to support strategic initiatives and decision-making by management
• Executive level performance reporting for Revenue, Operating Expenses and KPIs. Provide analysis and insights into variances between budget vs. actuals, as well as real-time forecasting.

Qualifications

• 3+ years of Corporate Finance / Accounting experience within the Financial Services industry. Familiarity with Alternative Investments would be preferred, but not required.
• Familiarity with Oracle NetSuite and/or General Ledger systems (i.e. SAP, PeopleSoft, Axiom) preferred, but not required
• Treasury management, cash reporting and cash reconciliation experience
• Knowledge of booking revenue and expense journal entries and the resulting impact to the financial statements
• Experience with consolidation of financial statements
• Degree in Accounting and/or Finance required
• CPA / CFA license preferred
• Proficient with Microsoft Office Suite (Excel, PowerPoint, Outlook)
• Ability 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 capability

Benefits

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

While we are currently working remotely due to COVID-19, this position will be based in our Greenwich, CT office. 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.

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.