AP & Expense Accounting Vice President, CAIS
$125-155k
+ Performance Bonus
Alternative investment platform
Be an early applicant
Alternative investment platform
201-500 employees
Be an early applicant
$125-155k
+ Performance Bonus
201-500 employees
Company mission
CAIS' mission is to help financial advisors win new business, increase wallet share and improve client outcomes.
Role
Who you are
- BS in Accounting
- 4-6 years relevant experience
- Proactive team player with a positive attitude
- Excellent communication skills
- ZipHQ, Navan and/or NetSuite experience a plus
What the job involves
- The firm is seeking an AP & Accounting Vice President who is extremely organized, pays close attention to detail and thrives in a fast-paced environment
- This opportunity is a hands-on accounting role that focuses on managing the AP process for multiple legal entities, overseeing the firm’s travel and expense program, and processing expense transactions in the general ledger
- Ownership of the entire AP process including overseeing the processing of vendor invoices for multiple subsidiaries through automated AP system (Zip HQ), ensuring accurate invoice classification and obtaining proper business owner approvals for synchronization into accounting GL system (NetSuite)
- Manage all vendor profiles including maintaining banking information and tax forms, and ensuring vendor bills are in line with relevant contracts and agreements
- Manage payment batches through automated AP system and set up intermittent manual payments (ACH, wire) in online banking system
- Maintain AP aging schedule and ensure timely payment remittance to vendors
- Document AP policies, procedures and checklists
- Assist with monthly close, including booking all expense accrual and prepaid journal entries and maintaining related schedules
- Support annual audit process for multiple subsidiaries
- Preparation of year-end expense and 1099 information for tax accountants
- Assist with quarterly sales tax filings for various jurisdictions
- Assist with cash management, bank reconciliations and related journal entries
- Review and process employee expense reports and related reimbursement payments and oversee corporate card program
- Propose process improvements and best practices
- Potential to assist with ad-hoc projects and become more involved with accounting monthly close depending on experience and skill
Our take
Financial advisors often require education and increased access to alternative investment funds and products. However, the lack of an integrated platform for finding such opportunities causes difficulties within this profession.
CAIS provides an online marketplace where financial advisors and asset managers can liaise through direct communication in regard to alternative investments. Advice is sourced from experts in hedge funds, private equity and credit, real estate, and digital assets.
Its service is used by thousands of financial advisors who oversee over $1.2 trillion in assets. Furthermore, the startup’s largest custodians include Fidelity and Schwav who collectively aim to streamline over $6 trillion in assets for over 15,000 financial advisors.
After substantial funding and hitting unicorn status in 2022, the company is now focused on further advancing its technology, enhancing the customer experience through personalized experiences, and digitizing product operations for fund managers and financial advisors alike.
Kirsty
Company Specialist
Insights
Company
Funding (last 2 of 6 rounds)
Apr 2022
$100m
LATE VC
Jan 2022
$225m
SERIES C
Total funding: $395m
Company benefits
- Subsidized medical, free dental, and free vision
- Up to 20 days of vacation, 9 paid holidays & 3 personal days
- 401(k) 4% match
- Daily lunch allowance, fully stocked kitchen & $100/month for gym memberships
- Monthly happy hours, team building activities & events including our annual Summer Offsite & Winter Holiday Party
- We believe in mentorship & meritocracy, promote from within & offer learning & development opportunities
- Work from home opportunities
Company values
- Be your authentic self
- Play to win
- Success is a team sport
- Find a way. Then find a better way
- Overcommunicate
- Own it
Company HQ
Midtown East, New York, NY
Articles
Leadership
Jeremy Norton
(Asia Strategic Partner)Previously Senior Vice President at Castlestone Management for 2 years and Treasurer at The Cromehurst Foundation also for 2 years. Current Founder & Managing Director of AIPX, and Consultant at Cota Capital.
Matt Brown
(CEO)Previously Founder and Managing Principal at Brown Simpson Asset Management for 5 years and Managing Director at Fairfield Greenwich Group for 3 years.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 5 more jobs at CAIS