Corporate Finance - Assistant Vice President

iCapital 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 $149 billion in global client assets invested in 1,182 funds, as of November 2022.

iCapital has been named to the Forbes Fintech 50 for five consecutive years (2018 – 2022); a back-to-back selection by Forbes to its list of Best Startup Employers; and a two-time winner of MMI/Barron’s Solutions Provider award (See link below).

iCapital is looking to hire an Assistant Vice President, Corporate Expense Controller. This role will involve accounting and reporting on the company’s expenses and will include responsibilities for month-end close processes, accounts payable, finance operations, balance sheet control and ongoing ad hoc projects. This role will report directly to the Corporate Controller.

• Expense Management and Reporting:
  • Assist the Corporate Controller with maintenance of all financial records and accounting files including the continuous improvement of existing workpapers.
  • Review balance sheet reconciliations monthly including accrued liabilities, prepaids, and various non-cash amortization and depreciation entries. Oversee cash reconciliations and review of cash inflows and outflows between the company’s bank accounts and general ledger.
  • Assist in managing the company’s operating expense base, liaising with FP&A and department heads for expense reporting and tracking of budget versus actuals to forecasts and provide month over month variance analysis.
  • Assist in overseeing overall invoicing and AP processes in the firm’s strategic A/P software (Coupa) and ensure smooth processing of payments end-to-end on a weekly basis.
  • Review consolidated financials to determine journal entries for operating and non-operating expenses and accruals for various legal entities. Prepare analysis related to company profit and loss statements and changes in accounts.
• Other Projects:
  • Identify and remediate process gaps and implementing effective internal controls; improve documentation of internal control processes.
  • Assist with completing special projects as needed such as system implementation of new invoicing and vendor software and financial planning and analysis tools.
  • Take on new, challenging assignments on a spontaneous basis.
  • Coordinate across multiple departments to complete assignments that require collaboration, including providing financial data for any forms or filings needed to be completed organization wide.

• 6-10 years of corporate accounting/audit experience within the financial services industry
• Knowledge of GAAP reporting
• Familiar with Oracle NetSuite and/or General Ledger systems (i.e., PeopleSoft, Axiom) preferred
• Experience with Coupa or similar A/P system preferred
• Knowledge of booking journal entries
• Fund accounting experience preferred
• Degree in Accounting
• CPA license (achieved or actively pursuing) preferred but not required
• Proficient with Excel and PowerPoint
• Able to manage large sets of data and implement checks and balances
• Excellent oral and written communication skills
• Detailed-oriented with big picture capability

The base salary range for this role is $100,000 to $135,000.  iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We offer most employees the flexibility to work in the office three to four days and remotely for the remainder of the week.  Every department has different needs, and some positions will be designated in-office jobs, based on their function.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital 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.