Senior Fund & Investment Accountant

Location: Colorado, Connecticut, New Jersey, New York

Senior Fund & Investment Accountant

Techstars is looking for an accounting professional to jump in and get their hands dirty in all aspects of fund accounting and reporting. This is a great opportunity for someone to join a fast-growing global organization, make an immediate impact, with plenty of learning and development opportunities as we grow. 

The Senior Fund Accountant will be responsible for various tasks and activities supporting Techstars’ venture capital funds, internal investment vehicles and 40+ accelerator programs around the world. This person must thrive under tight reporting deadlines, while continually considering ways to automate and improve processes. 

This position will report to the Fund Controller. 

Responsibilities: 

• Own preparation of quarterly financial statements, capital account statements and portfolio summary reports
• Manage general ledgers and ensure cash and investment activity is reconciled and recorded timely
• Assist with preparing and reviewing distribution calculations
• Prepare complex valuation of special purpose vehicles and allocations across multi-tiered fund structures; carried interest accruals across many funds and programs
• Understand and analyze fund limited partnership / operating agreements and build management fee and waterfall models
• Assist with preparing and reviewing of capital calls
• Assist with various regulatory reporting requirements, both US and international
• Ensure new investors are successfully onboarded and respond to investor inquiries timely
• Own and manage fund audit process and assist with year end tax preparation for assigned funds
• Review and interpret various types of financing and M&A documents and related impact to portfolio company valuations
• Perform financial analysis by collecting, organizing, analyzing, and explaining large data sets with the ability to clearly communicate findings
• Prepare research and analysis in such areas as investment performance, fund performance and fund expenses
• Manage elements of a system implementation to ensure the integrity of data and reporting

About you:

• Expert knowledge and understanding of US GAAP, investment company accounting (ASC 946) 
• Understanding of valuation methodologies specific to venture capital and application to complex capital structures 
• Strong organizational skills with exceptional attention to detail and the ability to see and understand the bigger picture
• Ability to scale systems and processes in a fast growing organization
• Excellent written and oral communication skills 
• Ability to multitask, problem solve and take complete ownership of work in a fast-paced, high-volume environment

Your qualifications:

• Bachelor’s degree in Accounting and Finance 
• CPA preferred
• Strong Microsoft Excel skills required; experience with partnership accounting systems, Salesforce a plus 

Compensation: $90,000 - $115,000 + bonus

 

About Techstars

The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 3,000 companies that today have a combined market cap valuation of $100 Billion. www.techstars.com

Techstars is an affirmative action, equal opportunity employer and does not discriminate on the basis of race, sex, age, national origin, religion, physical or mental handicaps or disabilities, marital status, Veteran status, sexual orientation, gender identity nor any other basis prohibited by law.

Techstars uses E-Verify to check the work authorization of all new hires.  For more information about E-Verify, please see the following:

• E-Verify Participation Poster (English and Spanish)
• Right To Work Poster (English and Spanish)