Fund Accounting Manager

The Role

FinStrat Management, Inc. ("FSM") is seeking a motivated individual to join our team as a client-facing Fund Accounting Manager of Venture Capital and Private Equity Funds within the company's Fund Administration division.

This is a full-time, remote role.

Responsibilities

• Responsible for client service delivery to include fund accounting and administration operations.
• Take ownership of the quarterly / annual financial close, reconciliation of accounts, and G/L analysis for clients.
• Review and ensure journal entries are posted accurately.
• Manage clients' back-office finance functions (e.g., A/R, A/P, payroll, etc.).
• Prepare quarter-end reporting package including financial statements for clients.
• Lead the annual financial reporting process and audit coordination.
• Take ownership of investor (GP / LP) communication including onboarding and documentation.
• Review and ensure intercompany transactions are posted accurately.
• Identify and communicate engagement matters to clients, managers, and partners.
• Assist the leadership with setting policies and procedures, drive best practices, and ensure processes are robust, documented, reviewed periodically, and followed.
• Support new business integration and ensure operating models are designed to deliver superior service to clients.
• Ensure deliverables meet the firms' quality standards and provide five-star client service.
• Oversee recruitment and training of new employees.

Job Requirements

Professional Knowledge

• Seven years of experience and comprehensive knowledge of fund accounting, administration, and financial reporting of venture capital and private equity funds.
• Experience interpreting and understanding General and Limited Partnership Agreements, and complex entity structures.
• Experience managing multiple client accounts or entities.
• Experience with preparing and/or reviewing investor communications including capital calls and distribution notices.
• Experience in understanding, and updating fund performance, waterfall calculations, management fees, and carried interest allocations.
• Experience in calculating net asset value.
• Experience in coordinating annual audit and tax return preparation with external accounting firms.
• Proficient with QuickBooks Online.
• Proficient with fund administration software (e.g., Investran, Dynamo, Allvue, Carta, First Rate Vantage, etc.).
• Experience with cash flow management, budgeting, and forecasting.
• Advanced Microsoft Excel skills.
• Strong analytical skills and ability to work independently.
• Hiring, training, and retaining skilled accounting staff.

Soft Skills

• Ability to handle multiple engagements simultaneously.
• Commitment and ability to meet critical business deadlines.
• Strong communication and ability to interact with internal and external partners.
• Self-starter with strong organizational skills.
• Exceptional attention to detail.
• Excellent research and problem-solving skills.
• Someone who is always looking to learn and improve; solicits/uses constructive feedback.
• Comfortable working remotely in a dynamic environment.

Education

• Bachelor's degree in Accounting or Finance is required.
• CFA, and/or CPA is preferred but not required.

Benefits

• Compensation commensurate with experience.
• Unlimited vacation.
• Ongoing education and training.
• Bonuses.

About FinStrat Management
FinStrat Management, Inc. ("FSM") is a tech-enabled outsourced accounting, finance and reporting services firm. We provide (i) fractional CFO-led accounting and finance services to B2B SaaS, venture-backed businesses; (ii) private investment tracking & reporting to high net worth individuals, family offices, and RIAs, and (iii) fund accounting & administration and portfolio company monitoring & reporting services to venture capital firms. Our comparative advantage is serving as our clients' financial authority – ensuring the integrity of fiscal data, providing actionable insight into performance metrics, and supporting clients with timely counsel.

FSM is an Equal Opportunity Employer.