At a Glance
- Tasks: Lead fund administration efforts, manage client relationships, and streamline financial services.
- Company: Join a dynamic team at Carta, a leader in Fund Administration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for mentorship and career growth in a fast-paced setting.
- Why this job: Shape the future of Fund Administration while working with top private capital firms.
- Qualifications: 8+ years in Venture Capital or Private Equity, strong client management 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.
Senior Fund Administration Lead (UK/Europe) employer: Menlo Ventures
At Carta, we pride ourselves on fostering a collaborative and innovative work culture that prioritises customer satisfaction and employee growth. As a Senior Fund Administration Lead in the UK/Europe, you will have the unique opportunity to shape our market presence while working alongside a dynamic team dedicated to excellence in fund services. With a focus on mentorship, professional development, and leveraging cutting-edge technology, Carta offers a rewarding environment for those looking to make a meaningful impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Fund Administration Lead (UK/Europe)
✨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. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially how they prioritise customer service and data security. Think of examples from your past experiences that showcase your problem-solving skills and ability to manage client relationships.
✨Tip Number 3
Show off your expertise! When you get the chance, discuss your knowledge of Limited Partnership Agreements and financial statements. Highlight your experience with tools like Xero and Investran, as these are key in the Fund Administration world.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our dynamic team at Carta!
We think you need these skills to ace Senior Fund Administration Lead (UK/Europe)
Some tips for your application 🫡
Show Us Your Passion:When you're writing your application, let your enthusiasm for Fund Administration shine through! We want to see how your experience aligns with our mission and how you can contribute to our dynamic team.
Tailor Your CV:Make sure to customise your CV to highlight relevant experiences that match the job description. We love seeing how you've tackled challenges in previous roles, especially those that relate to client relationships and financial services.
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 spot. Use bullet points if it helps to break down your achievements!
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 ensures you’re considered for this exciting opportunity with our team.
How to prepare for a job interview at Menlo Ventures
✨Know Your Numbers
As a Senior Fund Administration Lead, 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 complexities of 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 in onboarding new customers and providing best-in-class service to demonstrate your ability to meet client needs effectively.
✨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 decision-making skills and your ability to work under pressure, which is crucial in a fast-paced environment.
✨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 leveraging technology to automate processes, be ready to share those insights. This will show that you can contribute to improving their product and software offerings right from the start.
