Partner 18, Fund Accounting Manager, Crypto

About the role

This role focuses on the financial operations of Andreessen Horowitz's crypto funds. The manager will be responsible for preparing and reviewing quarterly and annual financial statements, coordinating audits, and ensuring tax compliance. Key tasks include managing cash flow to and from investors and portfolio companies, reconciling daily and monthly data with custodians, and processing various investment transactions. The position requires a meticulous approach to financial record-keeping and adherence to SEC guidelines and US GAAP.

The Fund Accounting Manager will work under a Controller and collaborate extensively with the Crypto team, technical operations, and other finance staff. Interaction with legal departments, both internal and external, is also a regular part of the role, particularly for documentation and coordination related to portfolio companies. This collaborative environment emphasizes accurate and comprehensive data management for all financial activities within the crypto vertical.

Success in this position means consistently delivering accurate financial reporting, efficiently managing cash distributions, and maintaining precise portfolio tracking. The role demands an understanding of complex investment instruments and the ability to handle sensitive information with discretion. A proactive approach to assisting with various projects within the crypto vertical, alongside the Controller, will also contribute to overall effectiveness.

The anticipated salary range for this position is between $150,000 and $175,000, with the actual starting pay subject to experience, skills, and scope.

Skills that matter here

• Microsoft Excel: Advanced proficiency in Excel is required for financial analysis, reporting, and data management tasks.
• Microsoft Dynamics NAV: Experience with this accounting software is beneficial for managing financial records and operations.
• AllVue: Familiarity with this system may be used for portfolio tracking or fund administration.
• Tres: This system could be utilized for managing fund data or financial reporting.
• Anaplan: Experience with Anaplan may be applied to financial planning or performance management.

Who this role suits

• A person with a Bachelor's degree in accounting or finance, possessing at least five years of experience in public accounting or relevant industry roles.
• Someone with a solid understanding of partnership accounting, hedge fund, and venture capital operations, including various investment instruments like swaps and futures.
• An individual who can handle sensitive financial information with confidentiality and demonstrates a low ego with high empathy in team collaborations.
• A detail-oriented professional capable of ensuring data accuracy and compliance with SEC guidelines and US GAAP.

From the employer

• Assist with cash flow operations to and from investors and portfolio companies
• Work collaboratively and efficiently with the team to prepare and review quarterly and annual financial statements, the annual audit, and fulfill tax requirements
• Perform wire verification checks, prepare and record common purchase transactions
• Prepare entries for realization events
• Reconcile monthly and daily information with custodians and vendors
• Assist in regular cash and stock distributions, working with bankers and brokers
• Maintain portfolio tracking reports ensuring data accuracy and comprehensiveness
• Prepare all documentation in accordance with SEC guidelines and US GAAP
• Coordinate with portfolio company counsel and internal General Counsel as necessary
• Assist Controller and/or Assistant Controller with the Crypto vertical projects as needed

• Bachelor’s degree with concentration in accounting or finance
• 5+ years of combined public accounting and relevant industry experience, with a good understanding of partnership accounting, hedge fund, and venture capital operations
• Understanding of various investment instruments such as swap, futures, and options
• Able to deal with sensitive information and maintain confidentiality
• Low ego, high empathy, and the capacity to collaborate effectively with diverse teams
• Advanced Microsoft Excel skills, and experience with Microsoft Dynamics NAV accounting software is a plus

• The anticipated salary range for this role is between $150,000 - $175,000, actual starting pay may vary based on a range of factors which can include experience, skills, and scope.
• This role requires an in-office presence 2 days a week in our Menlo Park, CA or San Francisco, CA office.