Accounts Receivable - Associate

iCapital is seeking to hire an Associate to join the Corporate Finance - Accounts Receivable team. This role will focus primarily on invoice creation, invoice distribution to clients, and collections follow‑up, while supporting month‑end close activities, cash application, and reconciliation processes.

• Prepare, review, and issue invoices to customers in accordance with contractual terms and billing schedules.
• Distribute invoices to clients and external counterparties and respond to invoice‑related inquiries.
• Maintain accurate billing records and supporting documentation.
• Track invoice status, approvals, and customer confirmations.

• Monitor outstanding receivables and actively follow up with customers on past‑due invoices.
• Manage collections communications, including reminders, escalations, and payment confirmations.
• Coordinate with internal & external stakeholders to resolve billing disputes or discrepancies.
• Maintain and report on AR aging schedules and collections status.

• Apply incoming cash receipts to open invoices accurately and timely.
• Reconcile customer payments between bank accounts and the general ledger.
• Investigate and resolve unapplied cash or payment variances.
• Book cash‑related journal entries as required.

• Support month‑end close activities related to accounts receivable.
• Assist with AR reconciliations and roll‑forward schedules.
• Partner with Revenue and Treasury teams to ensure accurate revenue recognition and cash reporting.
• Provide reporting on billed amounts, collections performance, and outstanding balances.

• Identify and remediate process gaps and implementing effective internal controls; improve documentation of internal control processes.
• Assist in completing special projects as needed such as data and technology integrations and enhancements
• Coordinate across multiple departments to complete assignments that require collaboration, including providing financial data.

• 1-3 years of accounting experience
• Knowledge of booking journal entries and the resulting impact to the financial statements
• Degree in Accounting
• Proficient with Microsoft Office Suite (Excel, PowerPoint, Outlook)

Preferred but not required:

• Understanding of GAAP reporting
• Familiarity with Oracle NetSuite and/or General Ledger systems (i.e., PeopleSoft, Axiom)
• Fund accounting experience
• Able to manage large sets of data and be able to implement checks and balances
• Excellent oral and written communication skills
• Detail-oriented with big picture capability
• Able to interpret legal/fund documents
• Demonstrate ability to take on new, challenging assignments spontaneously

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office 3 days a week with the flexibility to work remotely 2 days.