Fund Accountant

CAIS is building the first truly open marketplace for alternative investments, where financial advisors and asset managers engage and transact directly on a massive scale. 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; thus, allowing them to capitalize on opportunities and/or withstand ever-changing markets. Additionally, CAIS provides an industry leading learning system, CAIS IQ, that helps advisors learn faster, remember longer, and improve client outcomes.  

CAIS is seeking a Fund Accountant to join the Fund Management team. Successful candidates will have direct fund accounting experience with a strong understanding of alternative investments and a desire to build relationships with administrators and fund managers. 

Responsibilities:

• Support team with onboarding new products through structuring, creation of operating models, and launches  
• Proceduaralise onboarding, analyses, and maintenance processes for hedge fund 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 internal teams with client inquiries regarding funds’ performances, investors’ 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  

• 3-5 years of fund accounting experience at a fund, fund admin, or Big Four public accounting firm required 
• Private equity (preferred), hedge fund or hybrid fund experience a must, funds of funds, registered fund or interval fund experience is a strong 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