Financial Planning and Analysis - Associate

xpense base (including compensation, non-compensation, headcount, and discretionary spend) and annual investment spend, partnering with line of business FP&A teams, business leads, and department heads; provide analysis of budget vs. actuals and rolling forecasts.

• Assist in preparation and coordination of the annual budget process across operating expenses, headcount planning, and key performance indicators; help define expense targets and track progress against firmwide cost objectives.
• Develop expense dashboards and management metrics (e.g., run-rate, cost per head, vendor concentration, discretionary spend trends) with clear analytics for the Operating Committee and Business Leads.
• Partner with line of business FP&A teams and local Finance stakeholders to develop cost center budgets, expense forecasts, and business-specific unit cost/KPI views; ensure consistent assumptions and allocation methodologies.
• Proactively identify opportunities to enhance expense reporting and governance (standardized cost center views, clearer run-rate reporting, improved forecast cadence) and develop new approaches to evaluate spend efficiency.
• Partner with Expense Controllers and budget owners to deliver monthly variance analysis (budget vs. actuals), explain drivers, and identify/track cost optimization initiatives (e.g., vendor rationalization, discretionary spend controls).
• Support preparation of monthly management and quarterly board reporting packages, with a strong focus on expense performance: consolidation of budget vs. actuals, revised forecasts, variance commentary, and standardized business line reporting.
• Identify and remediate process gaps and implement effective internal controls across expense processes (budget ownership, approvals, accruals, and allocations); improve documentation and ensure consistent control execution.
• Perform cash operating activities related to cash flow, borrowings, debt and capital management, and incorporate insights from expense run-rate and timing (e.g., vendor payment cycles) into cash forecasting.
• Assist in completing special projects as needed such as implementation of new software, expense reporting automation, planning tool enhancements, and process improvements across purchase order, invoice, and T&E workflows.

Candidate Profile

• 3-6 years of FP&A, Corporate Finance, Controllership, or Accounting experience, with demonstrated ownership of operating expense management (budgeting, forecasting, variance analysis). Financial Services experience preferred; familiarity with Private Market Investments (Private Equity, Hedge Funds, Structured Investments) is a plus but not required.
• Preference for candidates with experience in planning/BI and ERP tools (e.g., Workday, Tableau, Essbase). Exposure to expense-related workflows and systems (general ledger, cost center hierarchies, purchase order/invoice processing, T&E reporting) is preferred.
• Ability to partner with business and department leads on performance and expense management, including budget ownership routines, forecast discipline, and clear variance storytelling.
• Treasury operations, including cash forecasting experience
• Advanced degree and/or credentials desired, such as MBA, CPA, CFA
• Advanced skills in Excel and PowerPoint
• Strong organizational, planning, quantitative modeling and problem-solving skills; strategic and creative thinking
• Ability to manage large sets of data and be able to implement checks and balances
• Excellent oral and written communication skills
• Detailed oriented with big picture capability

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.

Benefits

iCapital offers a comprehensive benefits package that includes a total compensation program consisting of competitive salary, annual performance bonus, and equity for all full-time employees; healthcare with 100% employer-paid health and dental insurance.

For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc