Reconciliation Specialist (Remote)

Remote; San Francisco (CA); Remote; USD 90,000 - 130,000; Full time

Benefits offered by this job

Impactful work

Career growth

Competitive compensation

Flexible work environment

Unlimited PTO

Job summary

Decile Group is hiring a Reconciliation Specialist to partner with multiple venture capital firms and ensure integrity of their General Ledger accounts in a dynamic fund accounting environment. The role requires VC fund accounting experience and the ability to work with product, engineering, and operations teams.

Remote candidates will be considered, offering a fast-paced startup environment with opportunities to impact the future of venture capital and participate in cross-functional projects

Qualifications

• Proven expertise in reconciling General Ledger accounts in a venture capital or fund accounting context.
• Strong understanding of fund accounting documents: capital calls, distributions, and investments.
• Able to analyze and resolve discrepancies efficiently and accurately.
• Highly analytical with attention to detail and critical thinking.

Responsibilities

• Perform daily reconciliation of GL accounts for VC fund transactions with precision.
• Analyze and resolve complex discrepancies in fund accounting records and escalate issues to leadership.
• Support and adjust portfolio company and investor accounts with high accuracy.
• Identify opportunities for operational improvements and recommend procedural enhancements.
• Maintain relationships with internal stakeholders and portfolio companies through clear communication.
• Document procedural changes and contribute to projects impacting the fund accounting team.
• Work independently with minimal supervision and adapt to evolving fund requirements.

Skills

GL reconciliation

Fund accounting

Venture capital

Analytical thinking

Communication skills

Tools

Fund accounting software

Job description

Decile Group (https://decilegroup.com) is transforming venture capital into a force for good in the world. We are working to launch 1,000 next-generation venture capital firms by 2025, changing the face of venture capital. We run VC Lab, the leading venture capital accelerator worldwide and operate the Decile Hub platform, reducing the barriers of entry for next-generation investors to launch and grow meaningful early-stage investment firms.

We are hiring a Reconciliation Specialist to partner with multiple venture capital firm to ensure the integrity of their General Ledger (GL) accounts in a dynamic fund accounting environment. The ideal candidate will have strong fund accounting experience with venture capital and the desire to work cross-functionally with our product, engineering, and operation teams.

Decile Group provides a fast-paced startup environment, where everyone has the opportunity to help with everything. You will have an opportunity to experience every facet of venture capital and build the future of venture investing. This is a unique opportunity to ramp up your experience in the field of venture capital.

Remote candidates will be considered.

The Reconciliation Specialist responsibilities will include:

• Perform daily reconciliation of GL accounts for venture capital fund transactions, ensuring precision and accuracy.
• Analyze and resolve complex discrepancies in fund accounting records, escalating significant issues to leadership promptly.
• Support and adjust portfolio company and investor accounts, maintaining high standards of accuracy.
• Identify opportunities for operational improvements and recommend procedural enhancements to optimize fund accounting processes.
• Maintain and develop relationships with internal stakeholders and portfolio companies through clear, professional written and verbal communication.
• Document procedural changes and contribute to projects impacting the fund accounting team.
• Work independently with minimal supervision, proactively resolving issues and adapting to evolving fund requirements.

What You Have:

• Proven expertise in reconciling General Ledger accounts, ideally in a venture capital or fund accounting context.
• Strong understanding of fund accounting documents, including capital calls, distributions, and investment transactions.
• Ability to analyze and resolve discrepancies in financial records efficiently.
• Highly analytical with exceptional attention to detail and critical thinking skills.
• Excellent written and verbal communication for professional interactions with stakeholders and team members.
• Strong organizational skills to manage multiple priorities in a fast-paced environment.
• Have 3+ years of work experience with VC Fund Accounting teams.
• Have 2+ years of Venture Capital experience.
• Independent decision-making with a focus on effective problem resolution.
• Ability to adapt to changing processes and demonstrate transferable skills in a dynamic setting.
• Experience in venture capital fund accounting or private equity.
• Familiarity with fund administration or investment accounting software.

What We Offer:

• Tangible impact on the future of humanity
• Opportunity for career growth and role expansion
• Competitive compensation package commensurate with experience.
• Vibrant and flexible work environment, among like-minded people with an entrepreneurial mindset
• Working schedule for adults: flexible times, remote work, unlimited PTO