Fund Associate

DriveTime•Dallas, TX

16h

About The Position

VerCap is a multi-billion-dollar family office deploying a flexible mandate across public and private markets in both equity and credit. The firm operates with a generalist, sector-agnostic approach, dynamically allocating capital to the most compelling, risk-adjusted market opportunities. VerCap is seeking a highly motivated, detail-oriented, and analytical Associate to join its expanding platform. This newly created role offers a unique opportunity to contribute across investment operations, internal reporting, and SEC compliance functions. The position provides broad exposure spanning back- and middle-office responsibilities and will work directly with, and report to, the Vice President of Finance. The Associate will serve as a critical partner in supporting and strengthening the firm’s investment infrastructure, while helping enhance operational processes and internal controls. This position provides meaningful exposure across a wide range of public and private investments and offers a rare opportunity, early in one’s career, to gain a comprehensive understanding of how a sophisticated investment platform operates within a lean, entrepreneurial environment. The successful candidate will bring a strong working knowledge of GAAP, particularly investment accounting, and demonstrate flexibility, resourcefulness, and a proactive mindset. Given the firm’s nimble structure, the role offers the opportunity to develop a genuine voice at the table, contribute to process design and operational improvements, and grow alongside the business. A positive attitude, strong analytical mindset, and intellectual curiosity will be essential.

Requirements

Bachelor’s degree in Accounting or Finance
1-2 years’ experience in public accounting (Big 4 or equivalent preferred)
Strong background in GAAP accounting
Exposure to investment entities or financial services
Experience with partnership allocations
Enjoy working independently and taking on responsibility
Ability to clearly communicate with a variety of professionals
Adept at time management and prioritizing appropriately to meet deadlines
Demonstrate initiative, discipline, and resourcefulness in thinking through issues
Innovative, go-getter mindset and desire to spur team growth
Positive attitude

Nice To Haves

CPA license preferred

Responsibilities

Manage day-to-day relationships with brokers, including prime brokerage counterparties
Coordinate trade execution and settlement for public equity and fixed income transactions
Support bond and equity trading workflows, including allocations and confirmations
Oversee cash movements, wires, margin activity, and collateral management
Execute and process fund subscriptions, redemptions, and capital calls
Monitor and reconcile positions across custodians and administrators
Assist with onboarding new accounts, counterparties, and service providers
Partner with third-party administrators to maintain the general ledger and investment accounting records
Record and reconcile complex investment transactions across asset classes
Prepare monthly NAV calculations and internal reporting packages
Perform account reconciliations (cash, investments, accrued expenses, income)
Assist with valuation support and documentation
Coordinate with external fund administrators, auditors, and tax advisors
Support annual audit and tax processes
Assist with SEC reporting and regulatory support
Maintain and strengthen internal controls and documentation
Identify opportunities to streamline operational workflows
Support ad hoc analysis and reporting for senior leadership