What are the responsibilities and job description for the Venture Fund Associate position at MicroVentures?
Job Summary
MicroVentures, a leading equity crowdfunding platform, is seeking a self-motivated individual to join our Fund Management team. The team is responsible for day-to-day fund accounting as well as preparing quarterly and annual reports, investor updates, and applicable tax forms. The ideal candidate is a high-integrity individual with incredible attention to detail, commitment to accuracy, and the ability to accel in a fast-paced financial environment.
\n- Perform day-to-day fund accounting tasks
- Fulfill ad-hoc requests for fund and investor data
- Prepare quarterly and annual financial statements and reports
- Prepare fee calculations such as management fees and acquisition fees, verifying that calculations are in accordance with applicable agreements
- Prepare investor notices, including capital call, fee, and distribution notices
- Assist in the preparation of applicable tax forms (e.g., Form 1065)
- Research company performance and prepare quarterly investor updates
- Participate on special projects related to the fund
- Ensure compliance with regulatory requirements and other requirements of the funds’ specifications
- Collaborate with compliance, operations, and executive leadership teams to meet all requirements to the highest standards of quality
- Bachelor’s degree in accounting, finance, or economics
- At least two years of experience in fund administration, preferably in private equity
- Strong organizational and documentation skills
- Strong verbal and written communication skills
- Keen eye for details to identify trends, cause and effects
- Ability to manage multiple tasks and priorities at once
- Strategic thinker focused on continuous improvement
- Professional demeanor and strong work ethic
- Proficiency with Office Suite, especially Excel (formulas, macros, pivot tables, etc.)
- Annual discretionary bonus
- Healthcare, dental, vision, disability
- 401(k) match
- Company equity
- A challenging, fast-paced, continually changing environment
- Fully stocked break room
