Overview
The organization is hiring a few Senior Associates to help build out the Fund Administration service offering for private markets. This role partners with customers and internal teams to deliver fund accounting and reporting services for Private Market customers in the Real Estate, Private Equity, and Venture Capital space.
Responsibilities
- Support major decisions regarding team buildout and operational policies and procedures
- Define and support the implementation of fund administration workflows, applying best practices and process efficiencies
- Interface directly with clients to deliver an outstanding client experience
- Serve as a technical accounting expert and key advisor on significant business/accounting decisions for the team
- Perform accounting, analytical, and financial reporting duties; ensure client and investor reporting is prepared and completed timely and accurately
- Review waterfall calculations and capital calls and distributions in accordance with clients’ Limited Partnership Agreements
- Prepare and review asset- and fund-level performance metrics (IRRs, TVPI, etc.)
- Assist in preparing, compiling, and verifying external client and regulatory reporting
- Prepare financial information for stockholders/investor reports
- Assist with annual audits, including preparation of the initial draft of the annual audit report and related schedules and disclosures; assist with PBC list (Prepared By Client) and tax returns
- Research and assist in interpreting the impact of recent accounting developments
Requirements
- 3+ years of fund accounting or audit experience with exposure to Private Equity, Venture Capital, Private Credit and/or Real Estate funds
- Bachelor’s degree in Accounting or related field required
- Exposure to complex fund structures, waterfall calculations, performance metrics (IRRs), distributions and capital calls calculations
- Experience with annual reporting (audited financial statements)
- Passion for technology and a desire to use technology to improve business operations
- Experience scoping out system requirements and implementing new systems
- Strategic thinker with the ability to master both details and the big picture
- Ability to handle many projects at once without losing track of details
- Comfortable with ambiguity, excellent work ethic, and ability to take ownership of work
Preferred Qualifications
Compensation & Benefits
Compensation includes a base salary, equity, and a variety of benefits.
- U.S. base salary range: $85,000 - $98,000
- Canadian base salary range: $80,000 - $100,000
- Actual base salaries will be based on candidate-specific factors, including experience, skillset, and location, and local minimum pay requirements as applicable.
Benefits include:
- Health, dental, and vision care for you and your family
- Life insurance and disability coverage
- Mental wellness coverage
- Fertility and growing family support
- Flex Time Off in addition to company-paid holidays
- Paid family leave, medical leave, and bereavement leave policies
- 401k retirement savings plan
- Healthcare FSA and commuter benefits programs
- Allowance to customize your work and technology setup at home
- Annual professional development stipend
Location
Remote and office-based work options are available across multiple regions, including collaboration across 27 U.S. states, 2 Canadian Provinces, India, Luxembourg, and England. Physical offices are available in San Francisco, New York City, Mumbai, and Bangalore.
The role is actively hiring in Canada and offers competitive local pay and benefits.