Analyst - Fund Accounting Operations
TLDR
Analyst responsible for ensuring accurate transaction recording and daily reconciliation across Fund Accounting and SPAR teams, focusing on Venture Capital portfolios.
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview
The Analyst will be a member of the Operations team within StepStone’s Fund Accounting department. The person will be responsible for ensuring that transactions are properly recorded in the accounting records and the performance reporting system through managing the daily reconciliation process. The Analyst will work across StepStone’s Fund Accounting and Stepstone Portfolio Analytics and Reporting (SPAR) teams as well as third party administrators (TPAs). This Analyst will focus on the Venture Capital portfolios.
Essential Job Functions:
- Daily monitoring of dashboard that compares performance reporting system data to TPAs underlying investment cash flow activity
- Review variance breaks and work with SPAR and/or TPAs to resolve breaks
- Record stock sale transactions in StepStone’s performance reporting system
- Produce quarterly cash flow reconciliation files
- Produce quarterly net asset value reconciliations
- Ensure new fund commitments and investments are set up in the performance reporting system and mapped with TPA system identifiers
- Correspond with General Partners regarding accounting/reporting questions, or other issues, as necessary
- Ad hoc projects
Education and/or Work Experience Requirements:
- Bachelor’s degree in Finance, Economics, Accounting or a related field
- Demonstrated track record of academic success
- Preference for individuals with relevant internships or work experience
Required Knowledge, Skills, and Abilities
- Acute attention to accuracy and detail
- Experience with Power BI, Excel, Power Pivot, Power Automate and SharePoint preferred
- Strong time management, prioritization, and communication skills
- Strong adaptability to learn new systems and Microsoft tools
- Proactive and focused with a strong work ethic
- Willingness to ask questions
- Ability to maintain strict confidentiality of client, investment and company information
Salary Range: $65,000 - $70,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
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At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.
StepStone Group is a global private markets specialist focused on delivering tailored investment solutions and advisory services. Our data-driven insights empower investors across various sectors and geographies to identify opportunities and make informed decisions.
- Founded
- Founded 2007
- Employees
- 500+ employees
- Industry
- Capital Markets