At a Glance
- Tasks: Lead fund accounting for a dynamic venture capital firm, managing valuations and LP reporting.
- Company: A London-based venture capital firm with a humble and transparent culture.
- Benefits: Competitive salary of £75,000 plus a bonus of up to 50%.
- Other info: Flat structure with direct access to finance leaders and excellent growth opportunities.
- Why this job: Own your role in a growing venture capital strategy and accelerate your career.
- Qualifications: Qualified accountant with experience in fund structures and strong technical skills.
The predicted salary is between 75000 - 112500 € per year.
A London-based venture capital firm has carved out a new finance seat and they want a strong fund accountant who is ready to own it. This is the chance to be the lead UK contact for the firm's venture capital fund, running fund accounting, valuations, capital calls, distributions and LP reporting end-to-end, alongside full ownership of the firm's GP commitment and carried interest architecture. Fund 1 is active. Fund 2 is in planning. You will be at the centre of both.
What makes this role:
- Real ownership of a growing venture capital strategy, not a reporting line under three layers of seniority.
- Genuine breadth; VC fund accounting, GP entity ownership, valuations, LP reporting, audits, tax.
- Career acceleration; exposure to a live fundraise and the launch of Fund 2 in the medium term.
- Flat structure; direct line to the Head of Finance and the partners. Humble, transparent culture.
- Strong package - £75,000 base + discretionary bonus to 50%.
What you will own:
- Venture capital fund: Day-to-day fund accounting, NAV, P&L, reconciliations and cash management.
- Capital calls and distributions; calculation, notices, allocations, processing.
- Quarterly portfolio valuations in line with industry standards.
- Quarterly and annual financial statements; LP reporting across the investor base.
- Supporting the live Fund 1 and Fund 2 set-up.
- Lead point of contact for auditors, tax advisers and the external service providers.
GP commitment & carried interest vehicles:
- You will be the named owner of the firm's entire GP commitment and carried interest architecture; c.16–18 entities spanning four funds and associated SMAs, across multiple jurisdictions.
- This is the engine room of partner economics: drawdowns, distributions, carry waterfalls, K-1s and partner-level allocations all sit on your desk.
- Quarterly accounts and investor reports for GPC and CI holders.
- Drawdowns, distributions and carry waterfalls across the GP vehicles.
- US tax reporting (K-1s) and dual US GAAP / IFRS reporting.
- Management fee waiver / incentive capital contribution mechanics.
- Individual allocations and partner-level reporting, handled with absolute discretion.
What we are looking for:
- Qualified accountant (ACA, ACCA or equivalent).
- Experience of closed-ended fund structures; PE, VC, secondaries or private credit.
- Strong technical fund accounting: capital calls, distributions, NAV, waterfalls, LP reporting.
- Self-starter, comfortable owning a workstream in a flat team.
- Discreet, detail-oriented and confident handling partner-level information.
Senior Fund Accountant - Venture Capital in London employer: 93 MGMT
Join a dynamic London-based venture capital firm that offers an exceptional opportunity for growth and ownership in the finance sector. With a flat structure and a humble, transparent culture, you will have direct access to senior leadership while managing key aspects of fund accounting and reporting. Enjoy a competitive salary of £75,000 plus a generous bonus, alongside the chance to be at the forefront of exciting fund launches and strategic financial decisions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Fund Accountant - Venture Capital in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the venture capital space. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your experience with fund accounting, capital calls, and LP reporting. Use specific examples to demonstrate how you've handled similar responsibilities in the past.
✨Tip Number 3
Be proactive! If you see a role that excites you, don’t wait for the perfect moment. Apply through our website and follow up with a friendly email expressing your enthusiasm. It shows initiative and can set you apart from other candidates.
✨Tip Number 4
Prepare for those tricky questions! Brush up on your knowledge of GP commitment structures and carried interest vehicles. Being able to discuss these topics confidently will show that you're not just a qualified accountant, but someone who truly understands the venture capital landscape.
We think you need these skills to ace Senior Fund Accountant - Venture Capital in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Fund Accountant role. Highlight your experience with fund accounting, capital calls, and LP reporting. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your qualifications and experience in venture capital or similar fields, and show us your enthusiasm for joining our team.
Showcase Your Technical Skills:Since this role requires strong technical fund accounting skills, make sure to highlight your experience with NAV calculations, distributions, and financial statements. We love seeing specific examples of your work!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Don’t miss out on this opportunity!
How to prepare for a job interview at 93 MGMT
✨Know Your Numbers
As a Senior Fund Accountant, you'll need to be on top of your game with fund accounting specifics. Brush up on capital calls, NAV calculations, and LP reporting. Be ready to discuss how you've handled these in past roles, as well as any challenges you faced and how you overcame them.
✨Showcase Your Ownership Mindset
This role is all about ownership, so demonstrate your ability to take charge. Prepare examples where you've led projects or initiatives, especially in fund accounting or venture capital. Highlight your experience with GP commitments and carried interest structures to show you're ready for this responsibility.
✨Understand the Firm's Culture
The firm values a humble and transparent culture. Research their values and be prepared to discuss how your personal work style aligns with theirs. Share experiences that reflect your ability to work collaboratively in a flat structure, emphasising your communication skills and approachability.
✨Prepare for Technical Questions
Expect technical questions related to fund structures and reporting standards. Brush up on US GAAP and IFRS reporting, as well as tax implications like K-1s. Practise explaining complex concepts in simple terms, as this will showcase your expertise and ability to communicate effectively with non-financial stakeholders.
