Controller/ Finance Associate

A venture capital firm is seeking an NYC located Controller Finance Associate to play a pivotal role in the accounting, tax, treasury, and financial reporting functions for the firm and its several venture capital funds. This person will report to the firm's CFO to create a two-person finance team and will be responsible for ensuring timely, accurate, consistent, and reliable preparation and maintenance of the financial records of the organization. Responsibilities: The Controller Finance Associate will be responsible for: Work closely with the CFO to manage the quarterly financial reporting of the funds to ensure compliance with applicable agreements, GAAP, and regulatory requirements Oversee the work of the fund administrator and maintain shadow books to ensure timely and accurate expense allocations, reconciliations, and fund reporting on a quarterly basis Drive treasury functions including banking and wire transfers, capital call planning, and distribution execution in coordination with CFO and fund administrator Work with the CFO and investment team to ensure timely deal fundings, including leading wire transfer call back verification, initiation of deal wires Proactively assist with the documentation of new portfolio company investments and the ongoing documentation and valuations of existing portfolio companies in accordance with relevant valuation guidelines and ASC 820 Validate and document investor requests by referring to the appropriate agreements and authorized contacts Lead efforts in partnership with fund administrator and audit firm to ensure a timely and efficient annual audit process Work with fund administrator and external tax preparer to ensure timely tax return filings & K-1 issuance Assist with the preparation of presentations, ad hoc reportingprojects, and diligence materials in a timely manner Work with the CFO to ensure compliance of our operations with respect to expense allocation policies, valuation policies, and LPA compliance Ensure compliance with all policies and procedures, and lead efforts in continuous improvement for the accounting function Perform the accounts payable function to ensure timely payment of invoices, appropriate expense classification, and timely settlements of receivables Support timely and accurate accounting and reporting on our management company books Complete accurate corporate card and expense reimbursement accounting while monitoring compliance with travel and expense policies and procedures Help select and manage third-party service providers Maintain a working knowledge of current accounting principles and developing issues that affect investment partnerships and their proper application Requirements: Bachelor's degree in accounting, finance, or related field. 3+ years of venture experience in accountingfinance at public accounting firm or venture capitalprivate equity firm Understanding of investment company and partnership accounting and tax issues Excellent analytical, accounting, financial modeling, and problem-solving skills Experience with complex valuation models and distribution waterfalls High proficiency in creating, maintaining, and manipulating financial spreadsheets with ability to quickly set up financial models, ad-hoc calculations, and utilize formulas to manage large sets of data efficiently Desired Skills: CPA license preferred Ability to anticipate issues before they arise and proactively findrecommend solutions Consistently communicates expeditiously and decisively in crucial situations Meticulous attention to detail with exceptional organizational and time management skills Ability to manage multiple work streams and effectively prioritize tasks High levels of professionalism and integrity

Created: 2025-01-08