CAIS is the pioneer in democratizing access to and education about alternative investments and structured notes for independent advisors, asset managers, and bank issuers, empowering them to engage and transact on a massive scale. We believe that the combination of industry-leading technology and human interaction throughout the pre-trade, trade, and post-trade experience delivers superior operational efficiency and a world-class client experience. CAIS provides advisors with a broad selection of alternative investment strategies, including private equity, private credit, real estate, infrastructure, hedge funds, and structured notes. CAIS supports over 34,000 advisors who oversee more than $4.5 trillion in network assets.
We're seeking a Corporate Accountant to join our dynamic Finance team in New York City. Reporting directly to the Senior Vice President of Finance, this position will ensure the precision and efficiency of our month-end financial closes for our management company and broker-dealer entity. Your work will be essential in maintaining compliance with both regulatory standards and internal policies. As a key player in our collaborative finance team, you'll have the unique opportunity to engage with diverse projects and initiatives across the firm, garnering broad exposure that will enhance skills, broaden experience, and develop well-rounded expertise.We are looking for someone who is not only detail-oriented and committed but also thrives in a fast-paced, entrepreneurial environment.
If you have a solid background in accounting, preferably with experience in a top-tier financial services or accounting firm, and you're eager to apply best practices and innovate efficient processes, we want to hear from you. Dive into a role where your contributions matter and where you can truly make an impact.
Primary Objectives
- Responsible for month-end financial close of management company, broker-dealer entity, and UK entity, including reviewing & approving journal entries, preparing reports, performing reconciliations of accounts, and analyzing variances
- Own the revenue month-end close process including preparation of journal entries, account analysis and reconciliation of revenue accounts to reliver timely and accurate financial results
- Analyze customer contracts and apply proper revenue recognition principles per ASC 606 across all our products and services
- Assist with calculating, tracking and billing accounts receivable for various revenue streams (CAIS Marketplace, Structured Notes, CAIS Solutions) and ensure completeness around the revenue recognition process including verifying that all clients have been billed and all revenue has been properly recorded
- Ensure proper calculation of sales tax on invoices, complete sales tax registrations and filing of returns in relevant jurisdictions
- Drive process improvements and assist with implementation of revenue automation and recognition software tools
- Ensure compliance with relevant regulatory rules and review quarterly FINRA filings for broker-dealer entity
- Assist with financial reporting, including preparation of annual financial statements and interpreting/applying accounting standards
- Liaise with external auditors to assist with management company, broker-dealer and UK subsidiary annual audits
- Coordinate the preparation and filing of all federal, state, and foreign tax filings for the entities, as well as all applicable tax reporting to shareholders
- Assist with documenting and implementing policies, procedures, and internal controls
- Oversee and develop a team of employees, fostering a collaborative work environment, providing ongoing feedback and coaching, and driving professional growth through tailored development plans and performance evaluations
- Ad hoc finance projects as determined by capacity and skill
Qualifications
- BS/MS in Accounting with 4-6+ years of public accounting or industry experience
- CPA required
- Hedge fund, private equity or alternative investment knowledge a plus
- Strong knowledge of ASC 606 and ability to apply revenue recognition principles to various revenue types and contracts
- Series 27/ broker-dealer experience a plus
- Advanced proficiency in Microsoft Excel
- Comfortable working cross-functionally with strategic finance, operations, legal, sales and clients in a fast-paced environment
- Proactive team player with positive attitude
- Committed to continuous process improvement
CAIS is consistently recognized as a Best Place to Work, and our culture is at the heart of our success. We are committed to fostering an inclusive environment where employees can be their most authentic selves and feel inspired and supported to bring their voice forward to drive community, growth, and innovation. We are an equal opportunity employer, and do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. Learn more about our culture, benefits, and people at https://www.caisgroup.com/our-company/careers. CAIS’ compensation package includes a market competitive salary, a performance bonus, and exceptional benefits.
If you are located in New York, New York, the base salary range for this role is $120,000 - $155,000. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, and specific office location. CAIS offers a comprehensive benefits package that includes generously subsidized healthcare with 100% employer paid dental and vision insurance, an employer matched retirement plan, wellness programs, and flexible PTO and generous parental leave. Additionally, CAIS offers a hybrid in-office model.
For more information on our benefits and career opportunities, please visit our website: https://www.caisgroup.com/our-company/careers.
