Corporate Finance, Reporting Analyst/Associate

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 $218 billion in global client assets invested in 1,760 funds, as of January 2024.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a four-time winner of MMI/Barron’s Solutions Provider award (See link below). 

About the Role

iCapital is seeking an experienced and versatile Financial Reporting professional to join our Corporate Finance department. This pivotal role offers the opportunity to shape a rapidly growing area of financial reporting, which includes preparation of the annual reports for the Company’s various domestic and international entities. This individual will liaise with third parties including auditors and tax professionals, assisting with the preparation of corporate tax filings, preparing regulatory reports for the Company’s broker-dealer, maintenance of accounting records and files, maintaining SOX compliant internal controls documentation, and more.

This position combines routine financial reporting responsibilities with strategic involvement in ad hoc projects, including complex accounting transactions and the integration of merger and acquisition (M&A) targets. The ideal candidate thrives in a dynamic environment and possesses exceptional interpersonal and analytical skills.

Responsibilities

• Corporate Financial Reporting and Audits:
• Assist with managing day-to-day accounting operations for various domestic and international entities, including booking journal entries and maintaining support schedules.
• Prepare monthly and annual financial statements and notes for entities which require audits.
• Coordinate audits for legal entities and manage communication with auditors.
• Maintain appropriate SOX controls documentation.
• Regulatory Financial Reporting and Compliance:
• Assist with the preparation of monthly, quarterly, and annual financial statements for internal review of legal entities, specifically the broker-dealer and other regulated entities.
• Maintain and enhance variance analysis for legal entities.
• Ensure that all required filings, reports, and regulatory documents for legal entities are completed in a timely manner.
• Corporate Tax:
• Liaise with third-party firms and teams internally to gather information for quarterly and annual tax returns and provisions for various corporate entities.
• Manage timely payment of monthly, quarterly, and annual tax installments.
• Review of tax notices and preparation of certain corporate tax documents.
• Expense Allocation:
• Maintain and effectuate company-wide expense allocation process.
• Implement and maintain internal control frameworks to ensure financial integrity, specifically around the company-wide expense allocation process.
• Financial Corporate Strategy:
• Preparation of memos and financial workbooks relating to complex transactions, including acquisitions and changes in accounting policy.
• Analyze the financial condition of acquirees as part of due diligence for potential acquisitions.

Qualifications

• Bachelor’s or master’s degree in accounting
• CPA certified or a candidate currently in process
• 2+ years of relevant experience in the accounting or auditing field; Exposure to broker-dealers is preferred
• Experience working on corporate tax is a plus
• Exceptional ability in time management, written communications, and a strong aptitude for implementing checks and balances independently
• Advanced Excel skills (e.g., XLOOKUPs, pivot tables, etc.)
• Experience working with or knowledge of General Ledger systems (e.g., Oracle NetSuite, SAP) is preferred
• General US GAAP accounting knowledge
• Self-motivated, flexible, organized, strong verbal presentation skills, detail-oriented, and capable of balancing day-to-day responsibilities with long-term strategic goals

Benefits

The base salary range for this role is $ 70,000 to $ 110,000.  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 believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

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.