Venture Services Associate

This is a rare opportunity to gain exposure to every part of the venture capital business. Most VC finance roles keep people in one area: back office accounting, or operations, or fund reporting. This role spans all three, and because our team works directly alongside active fund managers, you will also develop real familiarity with how deals are evaluated and how investment decisions get made. If you are intellectually curious about how the VC business works at every level and bring the attention to detail that fund accounting demands, this role was built for you.

We are seeking a detail-oriented and motivated Venture Services Associate with at least one year of experience in fund accounting or related financial services. In this role, you will work closely with a portfolio of venture capital firms to support fund operations, financial reporting, and investor relations. You will play a key role in reviewing fund financials, coordinating with fund administrators and auditors, and helping ensure our clients' financial and investor reporting needs are met with accuracy and timeliness. The ideal candidate will bring strong accounting knowledge, a proactive mindset, and the ability to thrive in a fast-paced, client-facing environment.

Responsibilities:

Fund Accounting & Financial Analysis

• Review capital account statements, financial statements, and investor allocations prepared by fund administrators to ensure accuracy

• Reconcile capital calls, distributions, and management fees across internal records and fund administrator reports

• Assist in preparing internal financial models and performing variance and flux analysis across funds and periods

• Track key financial metrics such as unfunded commitments, NAV, and fund cash flow activity

Fund Operations & Administration

• Collaborate with fund administrators to oversee fund bookkeeping, investment entries, and expense allocations

• Monitor fund activities and support the review of quarterly and annual financial reporting packages

• Help manage the coordination of audits, tax filings, and compliance deliverables with third-party service providers

Client & Investor Support

• Serve as a point of contact for clients, providing responsive support on accounting and reporting inquiries

• Assist with investor reporting workflows, including preparing capital call and distribution notices and managing document delivery

• Support investor onboarding and manage investor data in portals and internal systems

General Support

• Maintain organized records and documentation for each client, including accounting files, investor correspondence, and compliance documents

• Support ad hoc financial analyses, special projects, and process documentation

Key Skills & Attributes for Success:

• Intellectual Curiosity: A genuine interest in how VC funds work at every level, not just the accounting layer. You should want to understand deal structures, waterfall mechanics, and the economics driving fund performance.

• Attention to Detail: Accuracy in reviewing financial statements, cash flow data, and investor allocations is non-negotiable. Errors here flow directly to fund managers and investors.

• Fund Accounting Knowledge: Understanding of fund structures, LP/GP/Management Company accounting, capital calls/distributions, and investment valuations

• Analytical Thinking: Ability to interpret and analyze financial data to support internal and external reporting

• Strong Communication: Clear, professional written and verbal communication when working with clients, investors, administrators, and internal teams

• Proactive & Organized: Ability to manage multiple priorities and deadlines with minimal supervision

• Team-Oriented: Works collaboratively across teams and is open to feedback and continuous improvement

Qualifications & Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field

• Minimum 1 year of experience in fund accounting, public accounting, or VC/PE financial operations; 2–4 years preferred

• Big 4 alternative fund experience is a strong signal

• Strong Excel or Google Sheets skills (data analysis, pivot tables, financial modeling)

• Experience working with fund administrators or in a venture capital/private equity environment is a plus

• High degree of professionalism, accountability, and client service orientation

• Entrepreneurial mindset with a willingness to learn and grow with the team

• San Diego location required