Accounting Manager

Company: Alumni Venture Funds
Location: Boston
Posted on: June 13, 2021

Job Description:

About Alumni Ventures Group

Alumni Ventures Group is a fast-growing organization that builds and manages alumni and focused venture capital funds. Our corporate headquarters, located in Manchester, NH, provides support and other resources to our funds across the country. On an annual basis, these funds raise money from individual, accredited investors to invest in venture and other alternative assets. With over 120 team members in our offices in Manchester, Boston, New York, Chicago, Austin and San Francisco, AVG has launched more than 20 venture funds over the past six years. We are underway with plans for another dozen or so funds over the next few years. We are private, for-profit, and not part of any school.

We pride ourselves on making a key asset class accessible to investors who were previously shut out of venture capital-and our rapid growth confirms that we are addressing a real pain point for investors. Unlike most VC funds that raise money from a handful of institutions, our funds raise money in smaller amounts from a large group of investors, then build diverse venture portfolios for our investors. We don't lead deals, but rather co-invest alongside established, well-known firms such as KP, Bessemer, Menlo Ventures, Mark Cuban, Andreessen, Khosla, NEA, and others. We are private, for profit, and not part of any University.

About This Role

At AVG, the Accounting Manager is responsible for developing and maintaining accounting processes, practices and procedures to ensure accurate and timely financial statements under the direction of the firm's Controller. The Accounting Manager will supervise the firm's Sr. Staff Accountant and its Accounts Payables Specialist, and will be responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position will address tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and in connection with the FP&A analyst, the support of budgeting and forecasting activities. The Accounting Manager will have contact with executives as well as department heads and all AVG teammates which requires strong written and verbal communication skills.

Our ideal candidates will embrace a player-coach role and have a strong background in accounting and ideally experience with enterprise systems implementation along with the ability to work effectively at a fast pace.

Responsibilities

• Obtain and maintain a thorough understanding of the financial reporting and general ledger structure
• Ensure an accurate and timely monthly, quarterly and year-end close
• Ensure the accurate and timely production of monthly financial reporting
• Ensure the accurate and timely processing of positive pay transactions
• Support budgeting and forecasting activities
• Collaborates with the other finance department teammates to support overall department goals and objectives
• Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
• Advises staff regarding the handling of non-routine reporting transactions
• Responds to inquiries from the Controller and the CFO, as well as other executives and teammates as appropriate
• Work with the Controller to ensure a clean and timely year end audit
• Provide training to new and existing staff as needed as well as handle staff personnel issues
• Establish goals and objectives for staff and monitor their progress
• Support Controller with special projects and workflow process improvements
• Ensure appropriateness of weekly accounts payable runs submitted for approval
• Ensure expense reimbursement process addressing platform's needs and ability to manage activity spend
• Serve as a partner supporting the HR Team with respect to payroll requirements, 401K true-ups and other related items
• Ensure proper accounting treatment for all equity and debt activity with supporting schedules and backup files
• Ensure timely production and completion of all year-end filings (Form 5500, 1099s, etc.)
• Maintain familiarity with new GAAP and FASB standards, and tax regulations
• Contribute positively to AVG's culture and team, role modeling AVG values and working consistently toward North Stars

Requirements

• Bachelor's degree in Accounting or Finance, CPA preferred
• 8+ years of accounting experience
• Well-versed in technical accounting considerations
• Proficient with Microsoft Excel, including strong Excel modeling skills
• Proficient with ERP systems, strong knowledge of NetSuite preferred
• Familiarity with various payroll systems (Paylocity experience desirable)
• Familiarity with expense management systems
• Effective and professional communication skills (written and verbal)
• Highly detail-oriented and organized
• Ability to meet strict and frequent deadlines
• Superior analytical and problem-solving skills
• Adapts quickly in a fast-paced environment; works well under pressure

Alumni Ventures Group is an equal opportunity employer and our team is committed to achieving and supporting a diverse workforce through fair and equitable Talent and people management practices. We consider applicants for all positions given the needs of our business and the relevant team, and the skills, experience and competencies each candidate brings. If you are excited about the work AVG is doing and believe your skills, experience and competencies can create impact for our team, our Investors and our portfolio companies, we encourage you to apply. Your candidacy will be considered based on your ability to add value, regardless of your race, color, religion, sexual orientation, gender identity, national origin, veteran or disability status.

Keywords: Alumni Venture Funds, Boston , Accounting Manager, Other , Boston, Massachusetts