Revenue Accounting - Senior Associate

Key Responsibilities

• Own the monthly revenue close process for multiple entities, including revenue accruals, reconciliations, journal entries, and preparing supporting schedules.
• Review customer contracts and evaluate revenue recognition under ASC 606; Ensure revenue across CAIS's revenue streams is recognized in compliance with ASC 606, including contract review, accurate recording, and audit-ready documentation
• Oversee the end-to-end customer billing processacross CAIS's various subsidiaries and business lines, covering management fees, placement fees, and platform revenue on a monthly, quarterly, or annual basis, validating against fund agreements prior to issuance
• Oversee incoming payments and monitor accounts for overdue balances, following up with clients, fund administrators, and custodians to resolve discrepancies and outstanding receivables
• Maintain accurate AR and GL records, including preparing and posting transactions, reconciling accounts, and investigating discrepancies
• Utilize and optimize BillingPlatform to streamline invoicing and automate revenue workflows, supporting broader revenue automation initiatives as needed
• Prepare aging reports and monthly AR financial reports, and contribute to month-end, year-end close, and annual audit processes
• Establish, document, and continuously improve internal controls and processes across the AR and billing function, identifying opportunities to improve efficiency as CAIS grows
• Partner with Fund Management, Operations, and Sales to ensure fee calculations and invoicing are accurate and aligned with executed fund agreements and advisor contracts
• Perform other duties as assigned related to accounts receivable and finance

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field
• CPA Strongly Perferred
• 4-6 years of revenue operations, billing, or accounts receivable experience within financial services
• Prior experience at a hedge fund, private equity firm, fund administrator, or alternative investment platform strongly preferred
• Self-starter who takes initiative, learns quickly in a fast-paced environment and will implement new methods to improve ways of working
• Strong attention to detail with exceptional critical thinking and problem-solving skills
• Exceptional organizational and interpersonal skills
• Impeccable written and verbal communication skills
• Strong commitment to continuous professional development and improvement of the team
• Excellent relationship management aptitude and attitude
• Demonstrated AI fluency: comfortable using AI-assisted tools (e.g. drafting, summarization, research) in day-to-day work, with sound judgment about when and how to apply them
• Prior experience in a small to mid-sized firm or startup environment preferred
• Experience with NetSuite and BillingPlatform or similar revenue automation tools preferred

Additional information

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.

Pay and benefits

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 $85,000 - $120,000. 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, and generous PTO and parental leave. Additionally, CAIS offers a flexible, hybrid in-office model; for most roles, we do 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.