Fund Operations Senior Associate - Distributions

Belltower Fund Group; United States; Remote; USD 90,000 - 120,000; Full time

Benefits offered by this job

Remote-first company

Job summary

Belltower Fund Group is seeking a Fund Operations Senior Associate for the Distributions team. The role centers on executing distributions across a portfolio of investment funds, ensuring accuracy, controls, and timely processing.

You will collaborate with Fund Accounting, Services, Legal/Compliance, and Tax teams in a remote, fast-paced environment. Ideal candidates bring 2–5 years in private equity or private funds operations, with strong Excel/Sheets skills and a detail-oriented mindset.

Qualifications

• 2–5 years of relevant experience in private equity, venture capital, private funds, fund administration, or investment operations.
• Experience supporting middle- or back-office operations for private investment funds, with exposure to distributions, capital activity, treasury/payments, investor operations, or similar fund life-cycle activities.
• A working understanding of private fund structures and the operational relationship between funds, investors, portfolio investments, and fund administrators.
• Experience working with high-volume, detail-oriented operational processes where accuracy, controls, and deadlines are critical.
• Strong attention to detail and the ability to review financial and operational data, identify inconsistencies, and investigate discrepancies.
• Strong written and verbal communication skills, including communicating issues clearly, escalating appropriately, and keeping stakeholders aligned.
• Strong Excel or Google Sheets skills and comfort working with financial data and large data sets.

Responsibilities

• Review distribution requests and supporting documentation for accuracy, completeness, and operational readiness before payments are initiated.
• Coordinate cash distribution and wire workflows, including preparing payment instructions, tracking required approvals, monitoring payment status, and resolving failed or returned payments.
• Review investor and fund data, including ownership information, payment instructions, distribution allocations, and other relevant records, to ensure information is complete and consistent across systems.
• Investigate and resolve discrepancies, exceptions, and operational breaks, escalating material issues when appropriate and following them through to resolution.
• Maintain clear documentation and audit trails supporting distribution calculations, approvals, payments, and other key decisions.
• Identify recurring operational issues and drive process improvements that increase distribution speed, reduce manual work and errors, and strengthen controls.
• Contribute to the development and maintenance of standard operating procedures, controls, and documentation as the Distributions Team scales.
• Evaluate existing workflows with an automation-first mindset and identify opportunities to use technology and AI to improve efficiency, scalability, and accuracy.

Skills

Attention to detail

Communication

Excel / Google Sheets

Job description

Fund Operations Senior Associate - Distributions

United States

About Belltower Fund Group:

Belltower is empowering world-changing fund investments.

Belltower was formed in 2019 as AngelList’s native fund administrator and completed its journey to become an independent company at the end of 2023. Belltower provides fund administration services to the venture space. Our coverage spans syndicates, venture funds, and first-of-their-kind rolling funds. Our full-service fund management offering streamlines the complexity of running a fund by integrating financial reporting, tax, compliance, portfolio management, and other services that managers typically have to cobble together from multiple vendors. Our services, combined with AngelList’s software, enable us to launch and scale a fund efficiently, allowing fund managers to focus on what they do best: investing.

Since 2019, Belltower has supported 27k+ funds representing over $25B in assets under administration, leveraging AngelList’s fund admin software to power the service layer for funds launched on the AngelList platform.

About the Role

As a Fund Operations Senior Associate on the Distributions Team, you will play a critical role in executing distributions across Belltower’s portfolio of investment funds. The Distributions Team sits within the Fund Accounting Team and is responsible for ensuring distribution events are executed accurately, efficiently, and with appropriate operational controls from initiation through completion.

This is a highly operational and detail-intensive role at the intersection of fund operations, investor activity, treasury, and fund accounting. While accounting experience is not required, successful candidates will have experience working with investment funds and an understanding of the operational lifecycle of private equity, venture capital, or similar closed-end investment vehicles.

The Fund Operations Senior Associate will report to the Distributions Team Manager and collaborate with Fund Accounting, Services, Legal/Compliance, and Tax teams. This role is well-suited for candidates who are highly organized, eager to learn, process-minded, and comfortable owning time-sensitive workflows where accuracy matters.

You will help manage distribution workflows across multiple funds and entities, coordinate with internal teams and external partners, review supporting documentation and fund data, prepare and track payments, resolve exceptions, and ensure distribution activity is accurately reflected across Belltower’s systems of record.

You Will:

• Review distribution requests and supporting documentation for accuracy, completeness, and operational readiness before payments are initiated.
• Coordinate cash distribution and wire workflows, including preparing payment instructions, tracking required approvals, monitoring payment status, and resolving failed or returned payments.
• Review investor and fund data, including ownership information, payment instructions, distribution allocations, and other relevant records, to ensure information is complete and consistent across systems.
• Investigate and resolve discrepancies, exceptions, and operational breaks, escalating material issues when appropriate and following them through to resolution.
• Maintain clear documentation and audit trails supporting distribution calculations, approvals, payments, and other key decisions.
• Identify recurring operational issues and drive process improvements that increase distribution speed, reduce manual work and errors, and strengthen controls.
• Contribute to the development and maintenance of standard operating procedures, controls, and documentation as the Distributions Team scales.
• Evaluate existing workflows with an automation-first mindset and identify opportunities to use technology and AI to improve efficiency, scalability, and accuracy.

You Have:

• 2–5 years of relevant experience in private equity, venture capital, private funds, fund administration, or investment operations.
• Experience supporting middle- or back-office operations for private investment funds, with exposure to distributions, capital activity, treasury/payments, investor operations, or similar fund life-cycle activities.
• A working understanding of private fund structures and the operational relationship between funds, investors, portfolio investments, and fund administrators.
• Experience working with high-volume, detail-oriented operational processes where accuracy, controls, and deadlines are critical.
• Strong attention to detail and the ability to review financial and operational data, identify inconsistencies, and investigate discrepancies.
• Strong written and verbal communication skills, including communicating issues clearly, escalating appropriately, and keeping stakeholders aligned.
• Strong Excel or Google Sheets skills and comfort working with financial data and large data sets.

If you don’t tick every box above, we’d still encourage you to apply. We’re building a diverse team whose skills balance and complement one another.

Belltower Funds is a remote-first company.This position is fully remote for anyone in the United States.

Benefits:We support our employees in their lives both inside and outside of work.

• See additional details on our benefits here

Belltower Funds is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.