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Fidelity Bank · 1 day ago

Vice President of Accounting - VC Fund Administration

Merrimack, NH

Full-time

Hybrid

Senior Level, Lead/Staff

$118K/yr - $226K/yr

8+ years exp

Fidelity Bank is seeking a Vice President of Accounting to join Fidelity Private Shares, focusing on back-office operations for venture capital fund administration. The role involves defining new product offerings and managing client engagements while ensuring high-quality service delivery in fund accounting.

BankingBitcoinCustomer ServiceFinancial ServicesInsuranceWealth Management

No H1B

Responsibilities

Complete accounting activities for funds of venture capital clients. This is inclusive of close-ended Funds, Special Purpose Vehicles, General Partner Entities, Blocker Entities, Parallel Entities, and other investment vehicles

Lead and manage client engagements, acting as the primary point of contact for clients, and ensuring high-quality service delivery

Consult on the innovation of building a new, digital-forward solution for fund administration, showcasing a start-up mentality and experience in working closely with product development

Qualification

Fund accounting experienceVenture capital expertiseUS GAAP knowledgeClient relationship managementFinancial statement preparationOperational mindsetComfort with ambiguityCommunication skillsSelf-starter attitude

Required

8-12+ years of fund accounting experience in venture capital. Experience working at a fund administrator is required

Deep venture capital industry experience and a strong background in partnership accounting

Experience with Limited Partnership Agreements and LLC Operating Agreements including interpretations of key LPA provisions and applications in practice. Experience and understanding of traditional close-ended Funds, Special Purpose Vehicles, General Partner Entities, Blocker Entities, Parallel Entities, and other investment vehicles

A deep understanding of US GAAP and the calculations and related journal entries associated with key fund transactions including management fees, syndication costs, organization costs, fund expenses, investment transactions, and capital activity

Proficiency and experience building financial statements and familiarity with common annual financial statement footnotes

An understanding of tax as to the annual K-1 reporting process and common deadlines

Possess strong client and relationship management skills to drive outcomes and meet customer needs

Operational mindset with a strong focus on building repeatable, scalable processes

Excellent written and verbal communications skills

Skilled at building relationships at all levels of the organization

Comfort with ambiguity; self-starter and entrepreneurial; inclusive attitude