Fund Accounting Senior Associate

AngelList • San Francisco, NY

6d

About The Position

The Fund Accounting Senior Associate is a key member of the team supporting accounting, valuation, and reporting for funds run on the AngelList platform. The role involves preparing fund accounting work that is not yet automated, resolving exceptions, responding to investor inquiries, researching technical issues, reviewing post-close actions to process valuation and accounting updates, reviewing management and administrative fee calculations, and preparing scheduled and ad hoc financial reports. The position includes direct collaboration with general partners (GPs) and limited partners (LPs).

The role also evaluates portfolio company events and data to determine appropriate investment valuation actions; helps prepare audited and unaudited financial statements and coordinate annual audits with audit firms; ensures portfolio investment accounting treatment complies with Generally Accepted Accounting Principles (GAAP); and evaluates special situations. The Senior Associate works with engineering teams on automation and process improvements, owns specific team functions and workflows, and contributes to ad hoc projects.

Belltower is AngelList’s fund services division and provides fund administration to venture funds, syndicates, and rolling funds. It combines financial reporting, tax, compliance, portfolio management, and related services with AngelList software. The teams operate from hubs in New York City and San Francisco; for most roles on those teams, employees work from the office at least two days per week, on Tuesdays and either Wednesday or Thursday.

Requirements

• 3–4+ years of demonstrated operational excellence in the financial sector, including fund administration and/or public accounting focused on venture capital and/or private equity clients.
• A superb academic track record.
• Ability to communicate effectively and with polished professionalism with portfolio companies and lead investors.
• Superb attention to detail, including the ability to identify corner cases consistently.
• Exceptional organizational skills and an appreciation for process.
• Willingness to take a hands-on approach to producing reliable data.
• Mastery of core financial concepts and a strong interest in the technical aspects of venture finance.
• Ability to work across the legal, accounting, tax, and finance components of the venture financing ecosystem.
• A positive attitude and ability to embrace regular changes to products and processes.

Nice To Haves

• CPA license (strongly preferred).

Responsibilities

• Evaluate portfolio company events and data and determine the appropriate valuation action for each investment.
• Help prepare audited and unaudited financial statements and work with audit firms to complete annual audits.
• Ensure accounting treatment for portfolio company investments complies with GAAP and evaluate special situations.
• Work with engineering teams to increase automation and improve processes.
• Take direct responsibility for specific team functions and workflows.
• Review post-close actions and process valuation and accounting updates.
• Review management and administrative fee calculations.
• Perform scheduled and ad hoc financial reporting.
• Resolve accounting work exceptions, respond to investor inquiries, and research new technical issues.
• Collaborate and interface with GPs and LPs regarding accounting, valuation, and reporting matters.
• Work on ad hoc projects.

Benefits

• Competitive base salary, benefits, and equity package.
• Benefits are described as supporting employees’ lives both in and outside of work; specific benefit details are not provided.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed