Venture Fund Accountant - New Ventures and Strategic Alliances
Labcorp is a global leader in life sciences and diagnostics, committed to advancing health and improving lives. They are seeking a Venture Fund Accountant to manage financial records for venture capital funds, ensuring accurate reporting, compliance, and support for investment decisions.
Responsibilities
- Maintain accurate financial records for venture capital funds, including tracking investments, expenses, and returns
- Calculate and reconcile the fair value and fair value return for all active direct and indirect investments based on valuations defined in sequential financing, updated cap tables, and quarterly capital statements
- Prepare and distribute periodic financial statements, reports, and presentations for the Investment Committee (IC), Finance, Accounting and Audit
- Assist in annual accounting and audit activities by collecting requested documentation, K-1s, etc. and liaising with internal accounting and audit teams
- Ensure compliance with accounting standards and legal requirements, maintaining the operational integrity of the fund
- Track and maintain a record of deal flow/deals sourced, track and update KPIs across the portfolio, soliciting and collecting biannual updates from portfolio companies for records and updates to the IC
- Communicate upcoming financings to Treasury, prepare closing package and wire form for direct and indirect investments
- Assist with deal pro formas, as applicable
Skills
- Bachelor's degree in accounting, finance, or business
- 1 or more years of experience in accounting or investment funds
- 1 or more years of experience with Excel
- 3 or more years of experience in accounting or investment funds
- 3 or more years of experience with Excel
- Certified Public Accountant (CPA) designation
Benefits
- Medical
- Dental
- Vision
- Life
- STD/LTD
- 401(k)
- Paid Time Off (PTO) or Flexible Time Off (FTO)
- Tuition Reimbursement
- Employee Stock Purchase Plan
Company Overview