Fund Accounting Senior Manager

AngelList•San Francisco, CA

5d•$220,000•Hybrid

About The Position

The Fund Accounting Senior Manager is a critical member of the team responsible for overseeing accounting, valuation, and reporting functions for funds run from the AngelList platform. The role manages complex fund accounting work that includes both automated and manual processes, resolves exceptions, responds to investor inquiries, and researches new technical issues. It reports to the Fund Accounting Director and collaborates with fund accounting colleagues and cross-functional operations teams. The position focuses on producing financial reporting deliverables, maintaining accurate accounting updates—including investment valuations—and working directly with fund leads, fund investors, external auditors, and other parties. Belltower, AngelList’s funds services division, provides fund administration and management services to venture funds, syndicates, and rolling funds. Its integrated services include financial reporting, tax, compliance, and portfolio management, supported by AngelList software.

Requirements

At least 8 years of experience in investment company accounting.
Strong academic track record.
Experience at a public accounting firm and/or as a fund administrator or investment advisor in a fund accounting-focused role.
Proficiency in US GAAP, particularly ASC 946 and ASC 820.
Extensive experience creating financial statements for investment companies or funds, including writing footnotes.
Track record of improving financial reporting control environments and implementing and/or managing SOC 1 report processes.
Experience preparing materials for and coordinating with external auditors.
Commitment to success, self-motivation, and proactivity.
Excellent interpersonal and communication skills, including the ability to communicate effectively with portfolio companies and lead investors.

Nice To Haves

CPA license (strongly preferred).

Responsibilities

Oversee key team processes that ensure accurate accounting for and reporting of investment companies.
Develop and own descriptions, matrices, and flow charts for key processes and controls.
Develop and own processes for onboarding new clients from existing administrators and service providers.
Interact with external auditors and ensure timely completion of fund audits.
Oversee portfolio company events and data evaluation, determining appropriate valuation actions for each investment.
Coach and oversee a team of managers and/or senior accountants.
Ensure fund accounting treatment complies with US GAAP, particularly ASC 946 and ASC 820, and evaluate special situations.
Collaborate with engineering teams to increase automation.
Resolve accounting exceptions, address investor inquiries, and research new technical issues.
Manage production of financial reporting deliverables and ensure accurate accounting updates, including investment valuations.