Lead, Implementations Accounting

The Company You’ll Join

Carta develops purpose-built software that transforms traditional accounting into a powerful growth engine.

Carta’s world-class fund administration platform supports nearly 7,000 funds and SPVs, and represents nearly $130B in assets under management in venture capital and private equity.

Trusted by more than 40,000 companies, Carta also helps private businesses in over 160 countries manage their cap tables, valuations, taxes, equity programs, compensation, and more.

Together, Carta is setting a new standard as the end-to-end platform for private markets. Our best-in-class solution for fund management seamlessly integrates investor and portfolio company insights via a suite of tools designed ground-up to support the strategic impact of the fund CFO.

For more information about our offices and culture, check out our Carta careers page.

The Problems You’ll Solve

At Carta, our employees set out on a mission to unlock the power of equity ownership for more people in more places. We believe that the problems we solve today unlock the opportunities of tomorrow. 

As an Implementations Accountant Team Lead, you will be responsible for leading a team of Implementation Fund Accountants that supports new Fund Administration customers in their journey into Carta services. Some of the strategic support that this team provides includes the onboarding from inception of all accounting books and records, including but not limited to:

• Capital calls and distributions
• Audit support
• Quarterly and annual financial statements
• Limited Partners allocation balances
• Performance metrics such as IRR, TVPI, RVPI and DPI

You work within our fast-growing Fund Administration business by coordinating, facilitating and managing onboarding activities that are critical to achieving success for both our customers and Carta within a tight deadline. You will: 

• Lead a team of Implementation Fund Accountants by promoting best practices, setting a strong example, contributing to team deliverables, and ensuring customer satisfaction
• Ensure work is properly allocated to team members and that projects are completed on time
• Review data uploaded by your team in Carta and conduct quality assurance checks to ensure the accuracy and completeness of onboarding
• Monitor and assist team members in the daily operation aspects of the project including reviewing the status and performance against targets, performing root‬ cause analysis of variances and making improvements to meet the targets
• Take full responsibility for reporting on team performance by assisting in hiring, offering training and mentorship, conducting regular 1:1 meetings, providing performance feedback, and supporting your team members in achieving their career objectives
• Review team and individual level metrics to identify opportunities for improvement, plan improvement initiatives, and lead execution of those plans with your team
• Collaborate with both internal teams and external stakeholders on complex projects, handling ambiguity as needed
• Address and de-escalate any issues related to data migration or client onboarding, ensuring that root causes are identified and processes are adjusted to prevent recurrence
• Help define prioritization needs and provide leverage to our internal teams and external clients
• Proactively escalate client issues by providing details and recommendations for solutions
• Represent your team’s interests in leadership discussions and work closely with managers and directors

 

The Team You'll Work With

Our implementation accounting team acts as the bridge between sales and long term account management for new fund clients. The team ensures whatever information our clients had before joining Carta is correctly migrated into our system. Ours is a team of folks who have mastery of accounting, exhibit a high degree of problem-solving, efficiency, and integrity as they leverage their subject-matter expertise to provide customers with a world-class onboarding experience. 

About You

• Bachelor’s degree in Accounting or Finance, or equivalent experience
• You have proven 1 to 3 years of leadership experience
• You have a deep understanding of Venture Capital, Private Equity, Hedge Fund and Fund Administration, with 5+ years of experience in this industry
• You can independently identify problems, perform root cause analysis, and execute on action plans
• You have experience interpreting and understanding Limited Partnership Agreements, working on Waterfall calculations, management fees and carried interest allocations
• You have advanced Microsoft Office skills<