A venture capital firm is seeking an NYC located Controller/ Finance Associate to play a pivotal role in the accounting, tax, treasury, and financial reporting functions for the firm and its several venture capital funds.
Responsibilities:
• Work closely with the CFO to manage the quarterly financial reporting of the funds to ensure compliance with applicable agreements, GAAP, and regulatory requirements
• Oversee the work of the fund administrator and maintain shadow books to ensure timely and accurate expense allocations, reconciliations, and fund reporting on a quarterly basis
• Drive treasury functions including banking and wire transfers, capital call planning, and distribution execution in coordination with CFO and fund administrator
• Work with the CFO and investment team to ensure timely deal fundings, including leading wire transfer call back verification, initiation of deal wires
• Proactively assist with the documentation of new portfolio company investments and the ongoing documentation and valuations of existing portfolio companies in accordance with relevant valuation guidelines and ASC 820
• Assist with the preparation of presentations, ad hoc reporting/projects, and diligence materials in a timely manner
• Work with the CFO to ensure compliance of our operations with respect to expense allocation policies, valuation policies, and LPA compliance
• Ensure compliance with all policies and procedures, and lead efforts in continuous improvement for the accounting function
• Perform the accounts payable function to ensure timely payment of invoices, appropriate expense classification, and timely settlements of receivables
• Perform other duties as needed
Requirements:
• Bachelor's degree in accounting, finance, or related field.
• 3+ years of venture experience in accounting/finance at public accounting firm or venture capital/private equity firm
• Understanding of investment company and partnership accounting and tax issues
• Excellent analytical, accounting, financial modeling, and problem-solving skills
• Experience with complex valuation models and distribution waterfalls
• High proficiency in creating, maintaining, and manipulating financial spreadsheets with ability to quickly set up financial models, ad-hoc calculations, and utilize formulas to manage large sets of data efficiently
Desired Skills:
• CPA
• Ability to anticipate issues before they arise and proactively find/recommend solutions
• Consistently communicates expeditiously and decisively in crucial situations
• Meticulous attention to detail with exceptional organizational and time management skills
• Ability to manage multiple work streams and effectively prioritize tasks
• High levels of professionalism and integrity
Location: New York, NY
Posted: Aug. 12, 2024, 5:13 p.m.
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