CAIS is the leading open-architecture financial product platform offering independent wealth management professionals access to a diversified menu of funds and products. CAIS provides streamlined execution to an expanding list of alternative investment funds, structured notes, and capital markets offerings. CAIS delivers a suite of portfolio construction and reporting tools, and complements its fund offering with independent due diligence provided by Mercer.
CAIS is seeking a Fund Controller to join the Finance team. Successful candidates will have 5+ years of 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 feeder fund vehicles.
Primary Objectives
- Support team with onboarding new products through structuring, creation of operating models, and launches
- Proceduralize onboarding, analyses, and maintenance processes for Private Equity feeder 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 feeder 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 Operations and Client Service teams with client inquiries regarding fund performances, investor’s capital account balances, capital calls, and distributions
- Liaise and develop relationships with custodians, third party administrators, and other vendors
- Liaise with administrators for trade flow and NAV reconciliation
- Opportunities to take on strategic-oriented projects and additional responsibilities based on capacity, skill, and interest
Qualifications
- 5+ years of Fund Controller experience at a fund, fund admin, or bank platform required
- Private Equity 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 Excel, Word, PowerPoint, and CRM programs, preferably Salesforce
- 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