Fund Controlling, Senior Associate

Cais; New York (NY); On-site; USD 122,000 - 149,000; Full time

Benefits offered by this job

Healthcare benefits

Retirement plan

Wellness programs

PTO and parental leave

Hybrid in-office model

Job summary

CAIS, based in New York, seeks a Senior Associate to join the Fund Controlling team within Fund Management. The role focuses on overseeing NAV production and related reporting, while coordinating audits and supporting fund accounting needs.

The ideal candidate brings 4–6 years in public accounting, fund administration, or fund accounting, with exposure to audits of alt funds, and proficiency with Excel and AI tools to automate processes and strengthen controls.

Qualifications

• Bachelor’s degree in accounting, finance, economics, or related; CPA or progress toward CPA is a plus.
• 4–6 years of experience in public accounting, fund administration, or fund accounting with audits of alternative investment funds.
• Strong understanding of financial statements, GAAP, NAV calculations, and fund structures.
• Experience coordinating across auditors, administrators, tax providers, and internal stakeholders.
• Proficiency with Excel and AI tools; ability to automate processes.
• Attention to detail and ability to manage multiple deadlines.

Responsibilities

• Oversee the monthly hedge fund and quarterly private equity fund NAV production process performed by third-party fund administrators, including review and validation of administrator-delivered NAVs.
• Coordinate annual fund audits from planning through completion, including managing timelines, preparing supporting documentation, responding to audit requests, and resolving open items.
• Review financial statements, audit workpapers, NAV files, and supporting accounting records for accuracy and consistency with fund governing documents.
• Liaise with auditors, third-party administrators, tax providers, valuation specialists, and internal stakeholders to ensure timely completion of NAV, audit and tax reporting deliverables.
• Support tax filings, investor reporting, capital calls, distributions, cash management, reconciliations, accounts payable, and expense allocations.
• Evaluate accounting and operational implications of fund terms, investments, valuations, credit facilities, and other fund activity.
• Strengthen controls, documentation, and reporting while using AI and automation tools to streamline audit preparation and other fund accounting processes.
• Support additional fund accounting, operational, and strategic projects based on business needs.

Skills

Excel proficiency

AI tools experience

Audit coordination

Education

Bachelor's degree in accounting/finance

CPA or progress toward CPA

Tools

Excel

AI tools

Job description

CAIS is the pioneer in democratizing access to and education about alternative investments for independent financial advisors, empowering them to engage and transact with leading asset managers at scale through a wide variety of alternative investment products and technology solutions. CAIS provides access to alternative investment strategies including hedge funds, private equity, private credit, real estate, digital assets, and structured notes. CAIS serves over 2,500 wealth management firms that support more than 65,000 financial advisors who oversee approximately $8.5 trillion in end-client assets.

CAIS is seeking aSeniorAssociateto join the FundControllingteam within Fund Management. This role will primarily focus onoverseeing fundNAVproductionand related financial reporting activities while alsomanaging fund auditsandsupporting the broader accounting and operational needs of the funds. The ideal candidate has strong alternative investment audit or fund accounting experience, can work independently across multiple stakeholders, and is proficient in using AI and automation tools to improve processes and controls.

Responsibilities

• Oversee the monthly hedge fund and quarterly private equity fund NAV production process performed by third-party fund administrators, including review and validation of administrator-delivered NAVs.
• Coordinate annual fund audits from planning through completion, including managing timelines, preparing supporting documentation, responding to audit requests, and resolving open items.
• Review financial statements, audit workpapers, NAV files, and supporting accounting records for accuracy and consistency with fund governing documents.
• Liaise with auditors, third-party administrators, tax providers, valuation specialists, and internal stakeholders to ensure timely completion of NAV, audit and tax reporting deliverables.
• Support tax filings, investor reporting, capital calls, distributions, cash management, reconciliations, accounts payable, and expense allocations.
• Evaluate accounting and operational implications of fund terms, investments, valuations, credit facilities, and other fund activity.
• Strengthen controls, documentation, and reporting while using AI and automation tools to streamline audit preparation and other fund accounting processes.
• Support additional fund accounting, operational, and strategic projects based on business needs.

Qualifications

• Bachelor’s degree in accounting, finance, economics, or a related discipline; CPA or progress toward a CPA is a plus.
• 4–6 years of experience in public accounting, fund administration, or fund accounting, with meaningful responsibility for audits of alternative investment funds.
• Strong understanding of financial statements, audit procedures, U.S. GAAP, fund valuations, NAV calculations, and alternative investment fund structures.
• Experience managing audit deliverables and coordinating across auditors, administrators, tax providers, and internal stakeholders.
• Proficiency with Excel and AI tools, with demonstrated experience using technology to automate processes, analyze information, and improve accuracy and efficiency.
• Strong attention to detail, judgment, organization, and ability to independently manage multiple deadlines in a fast-paced environment.

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 $121,500.00 - $148,500.00. 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
• generous PTO and parental leave
• flexible, hybrid in-office model; for most roles, we require a minimum of 3 days in office per week

We use technology, including AI tools, to support parts of our recruitment process such as application screening, interview scheduling, and candidate communications. These tools are used to improve efficiency and consistency, but they do not replace human judgement. All hiring decisions are made by people, and we are committed to fair and unbiased assessment of every candidate.