Fund Accountant

IronArc Ventures; Austin (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

IronArc Ventures is seeking a Fund Accountant to join our finance and compliance team in Austin. You will manage day-to-day financial operations for our investment vehicles, including NAV calculations, valuation support, and audits, while assisting with compliance and fund administration.

You will work closely with the VP of Finance and Compliance to enhance processes, automate where possible, and ensure accurate reporting and documentation across all funds.

Qualifications

• Bachelor’s degree in Finance or Accounting required.
• CPA certification preferred but not required.
• 2+ years of experience in financial services, with private equity/venture capital or fund administration preferred.
• Strong Excel and financial modeling skills expected.
• Knowledge of NAV calculations and investment valuation methodologies.

Responsibilities

• Execute financial management for all investment vehicles including closes and reconciliations.
• Prepare NAV calculations and valuation support for holdings.
• Assist with audit processes by preparing schedules and responding to requests.
• Create performance analyses (IRR, MoM, cash flow) for each vehicle.
• Coordinate tax coordination including K-1 preparation support.

Skills

Excel proficiency

NAV calculations

Investment valuation

Partnership accounting

Audit support

Financial modeling

Reconciliations

Data analysis

Education

Bachelor’s degree in Finance or Accounting

CPA certification

Tools

Excel

Job description

Reporting to the Vice President of Finance and Compliance, the Fund Accountant will serve as a key contributor to our venture capital firm’s financial operations team with specialized responsibility for co-investment vehicles and funds. This hands‑on role executes the day‑to‑day financial management, reporting, and administration of our portfolio while supporting the VP’s broader strategic initiatives around fund administration and compliance.

Key Responsibilities

• Execute comprehensive financial management for all investment vehicles, including closes, reconciliations, and financial statement preparation
• Generate NAV calculations and investment valuation support for investment vehicle holdings
• Support the team in annual audit processes by preparing audit schedules and responding to auditor requests
• Create performance analyses including IRR, MoM, and cash flow projections for each vehicle
• Assist with tax coordination including K-1 preparation support and documentation for investment entities

Management Fee & Expense Management

• Calculate and process management fees for investment vehicles in coordination with the Finance team and vendors
• Track, categorize, and allocate expenses across investments according to partnership agreements

Compliance Support

• Ensure SPV operations comply with partnership agreements, SEC regulations, and firm policies
• Process Form D and Blue Sky Filing Fees
• Help maintain compliance documentation and support annual compliance reviews

Process Improvement & Systems

• Develop standard operating procedures for SPV and fund administration and financial processes
• Support technology implementations and system integrations
• Identify opportunities for process automation and efficiency improvements

  What We Look For

  Education & Experience

  • Bachelor’s degree in Finance or Accounting
  • 2+ years of experience in financial services, with preference for private equity, venture capital or fund administration experience
  • CPA certification preferred but not required

  Technical & Analytical Skills

  • Advanced proficiency in Excel and financial modeling
  • Experience with NAV calculations and investment valuation methodologies
  • Knowledge of partnership accounting and waterfall calculations
  • Experience with audit processes and working with external auditors
  • Strong analytical skills with ability to synthesize complex financial data
  • Ability to identify process inefficiencies and develop solutions
  • Detail-oriented with strong reconciliation and quality control skills

  Industry Knowledge

  • Knowledge of SPV mechanics, co-investment processes, and limited partnership agreements
  • Familiarity with tax implications of private fund structures

  Who Excels Here

  People who excel at IronArc match our values. They are curious, excel in their interests, are driven, prioritize well, bring an owner mindset, and have a service attitude with our investors.

  • Master Our Craft - Dedicated professionals who deliver on commitments. We earn respect through deep expertise, disciplined execution, and consistent results, in technical underwriting, in LP relationships, and in everything we put our name on. No shortcuts.
  • Power Law People - Quality over quantity in every relationship. We hire for spiky talent because average teams cannot identify or earn trust with exceptional founders. The same outlier standard we seek in our portfolio, we hold ourselves to. The rare few create outsized impact.
  • Truth Seeking Over Consensus - We prioritize truth over agreement in diligence, in team debate, and in LP communications. Healthy intellectual honesty drives better outcomes. We challenge assumptions, including our own, to reach the highest conviction decisions. This is how we avoid the hype.
  • Active Stewardship - Fiduciaries of our LPs’ capital, stewards of our reputation, partners in our portfolio companies’ success. Every action reflects our commitment to uncompromising integrity and the belief that returns and trust are the same asset.