Fund Migrations Senior Associate

AngelList•San Francisco, CA

10d•$130,000•Hybrid

About The Position

The Fund Migrations Senior Associate oversees the onboarding and migration of funds to the AngelList platform. The role executes transitions from incumbent administrators, including data validation, operational setup, stakeholder communication, and post-conversion stabilization. It involves working with fund accounting colleagues and cross-functional operations teams, leading migration specialists, and serving as a key client contact throughout administrator transitions. The role interfaces directly with fund leads and their teams, incumbent administrators, and other parties. Belltower is AngelList’s fund services division and provides fund administration and management services to venture funds, syndicates, and rolling funds. Its full-service offering integrates financial reporting, tax, compliance, portfolio management, and related services. Since 2019, Belltower has supported more than 27,000 funds representing over $25 billion in assets under administration. The position is based in the New York City or San Francisco hubs. For most roles on those teams, employees work from the office at least two days per week, on Tuesdays and either Wednesday or Thursday. Compensation includes a competitive base salary, benefits, and equity; the base salary starts at $130,000 annually and varies based on professional background, experience, level, and location. Additional details about the total rewards package are provided during recruitment.

Requirements

At least 3 years of experience in public accounting, fund administration, fund accounting, investment operations, or a related financial services environment, with experience supporting alternative investment funds.
Experience with complex client implementations, fund onboardings, or large-scale operational initiatives involving multiple stakeholders.
Strong knowledge of alternative investment structures, including private equity, venture capital, and/or digital asset funds.
Solid understanding of investment company accounting (ASC 946).
Strong project management and organizational skills, including prioritizing competing deadlines, managing concurrent projects, mitigating risks, and delivering high-quality results.
Excellent communication and relationship management skills, including the ability to build trusted partnerships with clients, senior leadership, external service providers, and cross-functional internal teams.
An inclination to question existing processes and use AI and automation to improve them.

Nice To Haves

CPA license.

Responsibilities

Execute end-to-end migrations of non-registered funds from incumbent administrators to the AngelList platform.
Coordinate multiple concurrent migration engagements by following project plans, tracking milestones, and ensuring timely implementation.
Review and validate migrated data, including investor capital accounts, general ledger balances, investment portfolios, commitments, capital activity, waterfall calculations, and historical financial information.
Work directly with clients and external stakeholders to gather information, manage expectations, resolve issues, and provide project updates.
Manage, mentor, and develop offshore fund migration specialists through technical guidance, coaching, performance management, and professional development.
Identify process-improvement and automation opportunities, recommend system enhancements, and implement solutions to reduce manual work and improve client onboarding.
Ensure migrations are on schedule, accurate, well communicated, and completed with minimal operational disruption, while building trusted client relationships.
Evaluate existing processes and consider whether AI and automation can improve them.