Fund Controlling Senior Associate

• CAIS is seeking a Senior Associate to join the Fund Controlling team within Fund Management
• This role will primarily focus on overseeing fund NAV production and related financial reporting activities while also managing fund audits and supporting 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
• 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

Benefits

• Healthcare & wellness: We offer highly subsidized medical, dental, vision plan options, and monthly reimbursements to support your lifestyle outside of work
• Coverage Waiver Allowance: Have benefits through another source? Receive a monthly allowance for waiving coverage
• Voluntary benefits: Enjoy discounted pricing on virtual marketplace retail benefits, pet insurance, legal, identity theft, critical illness, hospital coverage, and additional life and AD&D insurance
• Paid parental leave: New parents receive up to 16 weeks of fully paid leave
• Flexible PTO: Take the time you need in coordination with your team and manager. Plus, enjoy nine paid holidays throughout the year
• 401(k) matching: Participate in a comprehensive 401(k) plan with a 4% match
• Free Food: Take advantage of our in-office lunch program and a fully stocked kitchen
• Team events: Join our monthly happy hours, team building activities, and other events to ensure we stay connected- Strong understanding of financial statements, audit procedures, U.S. GAAP, fund valuations, NAV calculations, and alternative investment fund structures
• Bachelor’s degree in accounting, finance, economics, or a related discipline; CPA or progress toward a CPA is a plus
• Strong attention to detail, judgment, organization, and ability to independently manage multiple deadlines in a fast-paced environment
• Proficiency with Excel and AI tools, with demonstrated experience using technology to automate processes, analyze information, and improve accuracy and efficiency
• 4–6 years of experience in public accounting, fund administration, or fund accounting, with meaningful responsibility for audits of alternative investment funds
• Experience managing audit deliverables and coordinating across auditors, administrators, tax providers, and internal stakeholders