VC Associate @ Energy Impact Partners in Washington DC

Energy Impact Partners LP; Washington (District of Columbia); On-site; USD 81,000 - 99,000; Full time

Benefits offered by this job

Medical insurance

PTO days

401k retirement benefits

Job summary

VC Stack is looking for an Associate to join its Finance team in Washington, DC. The role focuses on preparing financial statements, monitoring investor requests, and managing capital allocations. The ideal candidate will have a Bachelor's in accounting and 1-3 years of relevant experience.

The starting salary is $90,000 with bonus eligibility and benefits including medical insurance, PTO, and a 401k retirement plan.

Qualifications

• 1-3 years of accounting experience with fund accounting preferred.
• Working knowledge of Microsoft Excel, Outlook, and Word.
• CPA or progress toward designation preferred.

Responsibilities

• Assist in preparation of annual and quarterly financial statements.
• Monitor and respond to investor requests on active fundraising.
• Prepare capital call and distribution notices.

Skills

Attention to detail

Multi-tasking

Communication skills

Microsoft Excel

Education

Bachelor’s degree in accounting

Tools

Investran

Job description

Energy Impact Partners (EIP) is a global investment platform leading the transition to a sustainable energy future. EIP brings together bold entrepreneurs and some of the world’s most forward-looking energy and industrial companies to advance clean energy innovation. EIP has $4.4+ billion in assets under management and invests globally across venture, growth, and credit with has a team of more than 90 professionals.

EIP is seeking an Associate to join the growing Finance team led by the CFO and Controller. The Finance team works closely with the EIP investment, operations and investor relations teams and directly communicates with EIP’s Founder/CEO and COO. This position is based in Washington, DC and will require some travel.

Key areas of responsibility

• Assist in preparation of annual and quarterly financial statements and workbooks for EIP managed funds
• Monitor and respond to investor requests including working directly with investor relations team on active fundraising
• Prepare capital call and distribution notices and allocations for limited partner investors
• Assist with quarterly portfolio company valuation process and preparation of quarterly portfolio monitoring data for Senior Management
• Cash monitoring and liquidity management including preparing and tracking investment funding and distributions
• Prepare cash, accrual, and amortization journal entries
• Track, maintain and improve controls, documentation and record-keeping
• Assist in the coordination with fund service providers including audit, tax, custody, valuation and portfolio monitoring
• Ad hoc responsibilities and analysis as needed

Requirements

• Bachelor’s degree in accounting with exceptional academic performance
• 1-3 years of accounting experience; fund accounting (venture capital or private equity) experience preferred
• Superior organization and attention to detail
• CPA or progress toward designation preferred
• Proficiency in Microsoft Excel, Outlook and Word
• Investran experience preferred
• High ethical standards
• The ability to effectively multi-task, manage deadlines, learn quickly and communicate clearly

Benefits

The starting compensation for this position is $90,000, and this role is bonus eligible. Final salary compensation will be determined at time of offer and will be based off a combination of years of experience, skills, education, and applicable licenses/certifications. Employees are also eligible for an annual performance-based bonus, and non-monetary company benefits including medical insurance, PTO days, parental and sick leave benefits, and 401k retirement benefits, and more.