At a Glance
- Tasks: Manage client relationships and streamline financial accounting for top private capital firms.
- Company: Join a dynamic team at a leading Fund Administration group.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to mentor junior team members and grow your career.
- Why this job: Shape the future of Fund Administration while working with innovative technologies.
- Qualifications: 8+ years in Venture Capital or Private Equity, strong problem-solving skills.
The predicted salary is between 60000 - 80000 £ per year.
The Team You’ll Work With
We put our customers first, are willing to learn and grow, are problem solvers, work with urgency, ensure data security is a priority, project manage effectively, maintain a professional community and work as one team. We are looking for an entrepreneurial and motivated Fund Admin to help expand and build our FA offerings in the UK/Europe market. This UK-based position offers the opportunity to shape our market presence while working with a dynamic, growing team.
The Problems You’ll Solve
- Help provide leverage to our clients by understanding and prioritising their needs while effectively scaling our UK/Europe Fund services.
- Some of the strategic support that we provide includes:
- Capital calls and distributions
- Audit/tax support
- Pre/post close services
- Quarterly and annual financials
- Limited Partner communications
- Bring transparency to founders, VCs, established General Partners and LPs and help our clients make more accurate decisions by helping them utilise our tools and resources such as:
- Real-time IRR
- Real-time portfolio data
- Provide additional data points (TVPI, RVPI)
- Improve our product and software through working with our product and engineering teams to continue to develop our Private Capital product suite.
- Turn a service industry into a software business through consulting with clients and implementing our Fund Administration software.
- Interact with clients on a daily basis and manage an effective client relationship.
- Interact with external auditors and tax providers.
- Review all client deliverables, including financial packages, capital calls, distributions and ad-hoc client requests.
- Assist Directors to execute new and current processes within the team.
- Ensure the accounting team is compliant with internal controls and regulations in all processes and procedures.
The Impact You’ll Have
Our goal is to position Carta as the leading Fund Administration group. In this role, you will be part of a highly dynamic team to support our goal and the future of the Fund Administration business. You will partner with top private capital firms to streamline their financial accounting needs. You will have the opportunity to work cross-functionally with our product, engineering, go-to-market and operation teams, all while growing your foundational knowledge of accounting in an engaging, fast-paced environment. You will also help mentor our junior team members.
About You
- You have experience maintaining, managing and nurturing multiple client relationships.
- You have experience supporting and onboarding new customers.
- You’re interested in providing best-in-class service.
- You have experience interpreting and understanding Limited Partnership Agreements.
- You have experience reviewing financial statements and footnotes, ensuring consistency with appropriate reporting framework.
- You have experience in understanding, interpreting and working on Waterfall calculations, management fees, and carried interest allocations.
- You have experience in working on complex entity structures and report consolidations.
- You have strong critical thinking, problem solving, and decision making skills.
- You take pride in your ability to communicate effectively and are able to multitask to meet multiple deadlines.
- You have experience managing and monitoring the timely delivery of quality client deliverables.
- You have a deep understanding of Fund Administration for Venture Capital, Private Equity, Hedge Funds or Private Debt funds.
- You have advanced Microsoft Office skills with Xero, Investran, and Quickbooks experience.
- You have experience implementing accounting data into a general ledger system.
- You have experience managing and mentoring a team.
- You’re interested in working on projects in a fast paced environment with a supportive team and as an individual.
- You have experience leveraging technologies to automate processes and gain efficiencies.
- You have experience providing training and guidance to new and existing team members.
- ACCA, CPA, or CMA preferred.
- IFRS or international financial reporting experience preferred.
- 8+ years of experience in the Venture Capital, Private Equity, or Accounting services industry.
Manager, Fund Administration employer: Menlo Ventures
At Carta, we pride ourselves on fostering a collaborative and innovative work environment where our employees are empowered to grow and make a significant impact in the Fund Administration sector. As a UK-based Manager in Fund Administration, you will not only have the chance to shape our market presence but also benefit from a culture that prioritises professional development, teamwork, and client-centric solutions. With access to cutting-edge technology and a supportive team, you'll be well-equipped to advance your career while contributing to our mission of transforming the service industry into a software-driven business.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Fund Administration
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and fund administration sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their services, values, and recent news. This will help us show how our skills align with their needs and demonstrate that we’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in fund administration and how you can solve their problems. The more comfortable we are, the better we’ll perform when it counts.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping us top of mind. It shows our enthusiasm for the role and gives us another chance to reiterate why we’re the perfect fit for their team.
We think you need these skills to ace Manager, Fund Administration
Some tips for your application 🫡
Show Your Passion:When writing your application, let your enthusiasm for Fund Administration shine through! We want to see how motivated you are to help us expand our offerings in the UK/Europe market.
Tailor Your Experience:Make sure to highlight your relevant experience in managing client relationships and understanding Limited Partnership Agreements. We’re looking for someone who can bring their expertise to our dynamic team!
Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so make sure your skills and experiences are easy to understand and directly relate to the role.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and get the ball rolling on your journey with StudySmarter.
How to prepare for a job interview at Menlo Ventures
✨Know Your Numbers
As a Manager in Fund Administration, you'll need to be comfortable with financial statements and calculations. Brush up on your understanding of Limited Partnership Agreements, Waterfall calculations, and management fees. Being able to discuss these confidently will show that you’re ready to tackle the role.
✨Showcase Your Client Relationship Skills
This position involves managing multiple client relationships, so be prepared to share examples of how you've successfully nurtured these in the past. Highlight your experience onboarding new customers and providing best-in-class service to demonstrate your commitment to client satisfaction.
✨Demonstrate Problem-Solving Abilities
The team values problem solvers who can think critically. Prepare to discuss specific challenges you've faced in previous roles and how you approached them. This will illustrate your ability to handle the dynamic nature of the job and contribute to the team's success.
✨Familiarise Yourself with the Tools
Make sure you're well-versed in the software and tools mentioned in the job description, like Xero, Investran, and Quickbooks. If you have experience automating processes or leveraging technology for efficiency, be ready to share those insights during the interview.
