Senior Fund Accountant
Vaco
- Palo Alto, CA
- $110,000-130,000 per year
- Permanent
- Full-time
- Record and book journal entries for all fund transactions in Netsuite for review by accounting manager
- Prepare cash reconciliations on a weekly/monthly basis for review by accounting manager
- Assist with carried interest waterfall calculation for distribution across multiple fund entities
- Aid in backend investment funding process – assist with preparation of wire tables with relevant investment details and initiate approval flow for wire processing in connection with direct and fund of fund transactions
- Assist with transfer of public equities from various stock transfer agents
- Assist with preparation of quarterly closing package including, but not limited to, Balance sheet, Income Statement, Statement of Cash Flows, Schedule of Investments, IRR and MOIC analysis
- Assist and contribute to the preparation of investment portfolio reporting including valuations in accordance with ASC 820
- Assist with recordkeeping of investment legal documents and capitalization tables and reconciling between reporting systems (Carta/Aumni/Addepar)
- Identify opportunities for process improvements/outsourcing and drive implementation of the solutions
- Help ensure financial controls are adhered to while continually working with the organization’s finance team to ensure the platform and processes are working optimally to support the organizations investment activity
- Support the investment team as required on ad hoc tasks
- Assist with monitoring cash flows and provide recommendations on funding requests
- Assist with portfolio company data gathering, as needed
- BA/BS degree in accounting, finance, business, or related area of study
- 5+ years of relevant experience (can include venture capital, or private equity experience in public accounting and/or private industry)
- CPA or strong working knowledge of US GAAP
- Exposure to various asset management organizations such as Venture Capital, Private Credit and Private Equity accounting
- Ability to prepare reporting packages
- Strong Excel skills
- Knowledge of Addepar/Aumni/Netsuite/iLevel/Salesforce is a plus
- Knowledge of ASC 820 valuations is a plus
- Exceptional interpersonal skills, proactive, able to prioritize, meet deadlines, and effectively deal with ambiguity
- The candidate must demonstrate a strong work ethic, the ability to work independently and proactively to identify and resolve issues, and be trusted with maintaining the confidentiality of sensitive information
- Detail oriented, highly motivated and an analytical thinker who also understands the bigger picture