What are the responsibilities and job description for the Fund Accountant position at Robert Half Recruiting?
We are partnering with a global venture capital firm that invests in groundbreaking innovations across Enterprise, Consumer, and Health sectors. With a strong track record of backing visionary entrepreneurs, this firm has helped scale hundreds of companies worldwide, driving technological advancements and industry disruption. Managing a multi-billion-dollar portfolio, they have a global presence with investment professionals and advisors spanning key markets. We are proud to support their hiring needs as they continue to foster innovation and build the next generation of market-leading companies.
Responsibilities:
- Maintain general ledger for Funds, including day-to-day cash and non-cash transactions (purchase of investments, conversions, accruals, expenses, capital calls, distributions, change in investment valuations, and exit transactions).
- Prepare monthly bank account reconciliations.
- Process wires for investments and Fund expenses.
- Perform quarterly close of the books for Funds, including all financial statements (Balance Sheet, Income Statement, Partners Capital, Cash Flows, SOI).
- Prepare quarter and year-to-date individual partners’ capital allocations.
- Process capital calls, including allocation calculations and cash receipt tracking.
- Process both cash and stock distributions, including detailed distribution calculations.
- Track investment data and documentation for all investments.
- Complete quarterly tie out to cap tables.
- Update and maintain LP records; record and perform calculations for LP interest transfers.
- Answer LP inquiries and respond to confirmation requests.
- Electronically distribute financial statements, partners’ capital statements, K-1s, capital call and distribution notices to LPs.
- Other ad hoc responsibilities as appropriate for the position.
Requirements:
- 1.5 to 4 years of experience in venture capital or private equity, preferably from a Big 10 public accounting firm (audit experience preferred), a fund, or a fund administrator.
- Team-oriented and collaborative mindset – seeking someone with a positive attitude, strong interpersonal skills, and a flexible, all-hands-on-deck approach.
- Detail-oriented with strong initiative and work ethic, along with excellent verbal and written communication skills.
- CPA certification is a plus or actively working toward obtaining it.
**Please apply here and reach Jennifer Fukumae on LinkedIn for prompt consideration!**
Salary : $100 - $115
