Description
iCapital is seeking a skilled and dynamic Associate to join our Revenue Control team within the Corporate Finance organization.
This individual will be a key player in shaping the future of iCapital as the firm continues to scale and expand into new areas.
Responsibilities:
- Perform revenue calculations and controls for various product lines across iCapital, primarily Technology Solutions.
- Ensure precision in monthly and quarterly revenue estimates and actuals, providing insightful analyses of variances.
- Foster a culture of financial excellence by collaborating with client relationship managers, finance leadership and external client contacts.
- Review legal agreements, contracts and other key documents and understand relevant economic terms as they relate to revenue and reporting and apply that understanding to revenue calculations.
- Support full revenue cycle including order processing, invoicing, payment collection and revenue recognition, ensuring accuracy and efficiency.
- Spearhead month-end close processes, preparing revenue calculations and revenue accruals for technology solutions products.
- Calculate and consolidate P&L and balance sheet data, ensuring accurate journal entries for various entities.
- Assist with the calculation and generation of invoices at month end.
- Perform month over month roll forwards for key revenue metrics.
- Prepare detailed monthly revenue reconciliation analyses supporting accurate P&L reporting.
- Execute cash application processes and prepare monthly cash reconciliations.
- Support the initiative to enhance efficiency and automation of our existing revenue calculations and invoicing processes, including implementation of a new order-to-cash billing and receivable software.
- Develop insightful reporting and analyses to support business unit and product line leads with actionable insights for performance reporting to management and investors.
- Identify and address process gaps, implement robust internal controls, and improve documentation for internal control processes.
- Identify opportunities to streamline processes by leveraging automation tools and data-driven workflows to improve efficiency and accelerate task completion.
Qualifications:
- 2-5 years of corporate accounting or public accounting experience within the financial services industry
- Outstanding financial analysis skills and knowledge of accounting principles and US GAAP reporting
- Strong ability to apply critical thinking skills to analyze complex issues and propose effective solutions, while consistently maintaining a meticulous attention to detail
- Organized and detail-oriented process manager who can prioritize and communicate clearly with senior leadership
- Experience with revenue, treasury management, accounts receivable and payable, and cash reconciliations
- Knowledge of booking journal entries and preparation of financial statements
- Data-driven thinker who can manage large data sets for efficient analyses
- Proficient with Microsoft Office Suite (Excel, PowerPoint, Outlook)
- Excellent verbal and written communication skills
- Able to coordinate across teams and departments to complete projects
- CPA license is preferred but not required
- Degree in Accounting is preferred but not required
- Familiar with Oracle NetSuite or other general ledger systems (i.e. Quickbooks) is preferred
- Familiar with alternative investments or structured investments is preferred
Benefits: The base salary range for this role is $85,000 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).