Senior Associate, Valuations

HarbourVest Partners•Boston, MA

5d•Hybrid

About The Position

HarbourVest is seeking an experienced valuation professional to join its Evergreen Valuations team. The role supports the daily valuation of investments held in evergreen funds across a diversified portfolio that includes primary fund investments, secondary investments, direct co-investments, and structured or credit-related investments. It requires sound valuation judgment, curiosity, knowledge of private market investment structures, and the ability to work collaboratively in a fast-paced environment while applying consistent valuation practices and controls. The Senior Associate will work closely with Fund Accounting, Investment Teams, Portfolio Analytics, Treasury, Operations, Risk, and other internal groups to identify events, evaluate portfolio changes, and ensure valuations are supported, documented, and reviewed. The position also helps improve valuation processes and systems as HarbourVest’s evergreen product platform grows. This is a hybrid position. Employees receive 18 remote workdays per quarter at their discretion, subject to manager approval. The base salary range is $100,000–$105,000, and the role is eligible for a discretionary annual bonus. Total rewards may also include retirement contributions, health insurance, income protection, paid time off and leave benefits, and well-being programs; eligibility varies by position and geography.

Requirements

Experience supporting investment valuation, private markets, fund accounting, financial reporting, audit, transaction advisory, or related work.
Familiarity with private market investment structures and valuation approaches.
Comfort working with data and performing financial analysis in Excel or similar tools.
Experience partnering with colleagues across multiple teams.
Strong analytical and valuation thinking.
Ability to make decisions using incomplete, delayed, or conflicting information.
Ability to perform successfully under deadlines and handle valuation matters simultaneously.
Understanding of business impact, issues, and risk in a daily NAV environment.
Ability to explain valuation matters to technical and nontechnical stakeholders.
Collaboration skills and proficiency coordinating efforts across investment, accounting, operations, technology, and control functions.

Nice To Haves

CPA, CFA, ASA, or another professional designation is valued but not required.

Responsibilities

Perform daily valuation activities for investments held in HarbourVest’s evergreen funds.
Assess portfolio activity and market developments that may affect investment values, including capital calls, distributions, new investments, realizations, financing activity, foreign exchange movements, public market changes, and material company- or fund-specific events.
Review daily valuation movements and investigate changes that exceed established thresholds or appear inconsistent with portfolio activity, market conditions, or investment performance.
Ensure valuation adjustments are appropriately calculated, supported, approved, and communicated within the daily NAV timetable.
Build and maintain valuation methodologies for private equity, venture capital, private credit, infrastructure, real assets, and other private market investments.
Evaluate reported GP NAVs and determine whether adjustments are warranted based on reporting lags, subsequent events, market movements, investment performance, financing structures, or other available information.
Analyze valuation inputs such as public market indices, comparable companies, credit spreads, foreign exchange rates, transaction activity, operating performance, and capital structure changes.
Maintain the operating framework for daily valuation, including documented review procedures, approval requirements, exception reporting, and customer concern protocols.
Develop valuation review guidelines and controls designed to identify unusual movements.
Maintain documentation supporting valuation methodologies, assumptions, judgments, adjustments, and conclusions.
Serve as a valuation contact for Fund Accounting and other groups involved in the daily NAV process.
Partner with Investment Teams to obtain and assess information about portfolio developments and valuation-impacting events.
Prepare daily reporting on valuation movements, exceptions, outstanding information, and key areas of judgment.
Support investor reporting and respond to valuation-related questions from internal teams.
Coordinate resolution of valuation issues within daily deadlines.
Help design and enhance valuation processes to support growth of HarbourVest’s evergreen product platform.
Identify opportunities to automate data collection, valuation calculations, exception monitoring, and management reporting.
Partner with technology and data teams to improve valuation systems, dashboards, workflows, and data quality.