Top tier U.S. venture capital firm with a prestigious 40+ year history of backing innovative, industry changing companies. Fast-paced, growing firm focusing on investments in technology, healthcare and healthcare IT. We offer a competitive benefits and compensation package, along with opportunities for career progression alongside other like-minded high-performance professionals.

 

This full-time position will be based in Palo Alto, CA and will report directly to the Fund Controller and the Senior Finance Managers but will also work closely with all members of the Finance, Legal and Marketing teams, including with the CFO and the CCO. The ideal candidate for this position is a proven high performer, consummate team player, and seeks a collaborative work environment where they will have an opportunity to develop and contribute as an integral and valued member of the team. The position provides a hands-on opportunity to be involved in all areas of a Fund’s activities (Accounting, Financial Reporting, Audit & Tax), representing an exceptional opportunity to learn and grow professionally, with an established advancement profile for proven performers. The ideal candidate must possess an exemplary work ethic, along with strong organization and communication skills, be a motivated professional with a flexible and positive “can-do” attitude, an innate desire to learn, and a willingness to take ownership of projects.

Investment Funds/Portfolio Company Investments:

Ø Support the trading activity of the Public Healthcare Funds which includes:

• Calculate trade allocations between funds and input in Order Management System
• Prepare daily activity reporting package and cash projection for deal team
• Work with NY-based traders or Prime Broker to resolve any trade order discrepancies
• Collect and maintain data for quarterly SEC compliance filings
• Prepare and update brokerage account documents

  Ø The position will also initially be responsible for the activity and reporting for one to two Fund families (and associated GP entities) consisting of the following:

• Manage quarterly/annual close including preparation of financial statements and related supporting schedules for assigned Funds and GP entities
• Prepare first draft of quarterly report to investors, and underlying support
• Collaborate on analytical projects as requested, including complex valuations, public comparable analyses, and liquidation waterfalls
• Coordinate closing of Portfolio Company financings with in-house legal team, including providing fund investment allocations, collecting approvals and initiating wires
• Collaborate with others on the team in monitoring and overseeing the collection of data from privately-held Portfolio Companies
• Work closely with stock custodians/brokers on public securities allocations and related
• Develop a familiarity with key terms of the applicable Partnership Agreements to prepare income allocations, performance and return calculations
• Assist with documentation of Finance policies and procedures
• Liaise with external audit team; preparation of year-end audited financial statements and support
• Preparation or review of year-end audit and tax schedules and associated support
• Facilitate collaboration and development of our high-performance team through mentoring, knowledge share and open communication

 

 

Limited Partners/Investor Support:

• Work closely with other members of the Finance team, including the Investor Relations Manager, to produce capital call/distribution allocations and Investor notice letters
• Track and prepare Limited Partner or Portfolio Company audit confirmation requests; assist with automation of confirmation process
• Assist with preparation of quarterly updates to Investor presentation materials for assigned funds
• Assist with production of Annual Meeting slides and data support for assigned funds

 

General Partners/Firm Support:

• Assist with maintenance of investment team track records for assigned funds
• Support the Finance team’s goals of continually improving processes, by identifying opportunities for efficiencies and automation, including active involvement in systems implementation initiatives
• Support requests from Portfolio Companies, Limited Partners and Investment Team as requested

 

Qualifications:

• Bachelor’s degree required
• Certified Public Accountant (CPA) license (or equivalent) preferred
• 2 years in auditing at a public accounting firm
• Audit experience required, Venture Capital, Private Equity or Hedge Fund exposure required
• Advocate of continual learning and improvement, driven self-starter
• Flexible team player who thrives in a dynamic workplace with an established ability to meet deadlines
• Exceptional attention to detail and strong analytical skills
• Strong communication skills, experience working on high performance teams
• Excel “power-user”, familiarity with PowerPoint, exposure to VC ERP systems a plus

 

Posted On: Thursday, August 19, 2021