Fund Accountant

Randstad USA
May 27, 2021
Palo Alto, CA
Job Type


job summary:

Fund Accountant

Currently working with a top-tier multi-billion dollar Venture Capital company based in the peninsula that is currently seeking a Fund Accountant for their company. This Fund Accountant will support a strong leadership team including the Controller, Assistant Controller and CFO who have many years of experience in the industry. Ideal person will be a go-getter that wants to succeed and help them manage the fund finance functions and handle all accounting and reporting areas and grow into more value add analysis functions. Qualified candidates will have 2-3 years of public accounting experience including having experience in the PE, VC, alternative investment space. Please apply for more information.


location: Palo Alto, California

job type: Permanent

salary: $85,000 - 95,000 per year

work hours: 9 to 5

education: Bachelor's degree

experience: 2 Years



Investment Funds/Portfolio Company Investments:

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

  • Manage quarterly/annual close including preparation of financial statements and related supporting schedules
  • Prepare first draft of quarterly report to investors, and underlying support
  • Preparation or review of year-end audit and tax schedules and associated support
  • Liaise with external audit team; preparation of year-end audited financial statements and support
  • 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
  • Backup for daily/weekly financial and analytical updates for sales/purchases for public healthcare funds
  • 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
  • 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 respond to Limited Partner or Portfolio Company audit confirmation requests; assist with automation of confirmation process
  • Assist with preparation of quarterly updates to Investor presentation materials
  • Assist with production of Annual Meeting slides and data support
  • Assist with maintaining and improving recently implemented Investor Reporting portal

    General Partners/Firm Support:

    • Assist with quarterly updates of Partner reporting and presentations
    • Assist with maintenance of investment team track records
    • 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




  • Bachelor's degree required
  • Certified Public Accountant (CPA) license (or equivalent) preferred
  • 2-3 years professional experience desired, 2 years minimum in a public accounting firm
  • Relevant audit experience in Venture Capital or Private Equity 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 systems a plus


skills: Fund Accounting

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

Qualified applicants in San Francisco with criminal histories will be considered for employment in accordance with the San Francisco Fair Chance Ordinance.

We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

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