Manager, Fund Accounting

Named #4 startup in Canada for 2024, Hiive is a fintech/marketplace startup connecting buyers and sellers of stock in venture-backed pre-IPO companies . Thanks to our industry-leading technology and best-in-class capital markets team, we are home to the fastest-growing marketplace for the stock of “unicorns” on the planet. As a profitable and rapidly growing business backed by US venture capital investors, we are seeking to scale our high-performing team.Interested in learning more about life at Hiive? Check out our careers page to see how you can grow with us!As the Manager, Fund Accounting, you will be a foundational part of the Hiive’s Finance and Funds teams. Reporting to the Controller, you will be responsible for the accounting function for Hiive single-asset funds from establishment to wind-down. You will have a deep knowledge of fund accounting that helps you support the fund operations and administration team. You will liaise with investors, regulators, and third-party vendors to responsively and precisely account for complex, fast-moving fund structures and create a culture of operational efficiency and excellence.In this role, your responsibilities would include:Working with the team to create the fund accounting function at Hiive, which includes setting up policies, processes, procedures, vendor relationships, and templates.Working with the fund administration team to design and prepare accounting packages for Hiive’s funds.Creating quarterly Hiive fund financial reports.Overseeing the valuation framework and strike NAVs for each of Hiive’s funds.Managing Hiive’s accounting processes for all direct and underlying fund investments.Reviewing calculations for investor capital calls and distributions.Preparing year-end annual fund financial statements in accordance with US GAAP.Working with an outsourced tax firm to support the creation of annual K-1s for each fund investor.Creating and performing procedures to ensure all accounting aspects are in compliance with the fund’s offering documents, such as various fee calculations, and investor income and expense allocations.Assisting the fund administration and fund operations teams with initial accounting setup for new fund launches.Handling accounting for fund wind-downs.Managing investor ad hoc accounting inquiries and requests.Working with the product and engineering teams to productize fund administration functions over time.Posting all Hiive fund related journal entries and accruals. Daily reconciliation of funds in the platform, and monthly reconciliation of fund financial statement accounts.Assisting, as needed, in external and regulatory audits of the financial statements of the funds and the Hiive Group. Required Skills: 5+ years prior experience working in fund accounting, preferably management of private equity or venture capital funds.CPA or other equivalent accounting qualification, or working towards a designation. Direct experience in creating and reviewing financial and tax statements for a variety of alternative investment funds.Strong knowledge of US GAAP reporting requirements.Exceptional ability to manage high-level, as well as day-to-day accounting procedures.Excellent attention to detail, resourcefulness and speed of execution.Ability to handle and communicate priorities and deadlines with internal and external stakeholders, and build constructive high-trust relationships.Possess clear, concise, and professional verbal and written communication abilities to effectively interact with customers in a variety of settings. Preferred Skills:Secondary markets experience.Compensation, Benefits, & Perks: Highly competitive salary commensurate with experience and contribution.Opportunity to participate in ownership of a rapidly growing early-stage startup through our employee stock option plan.Comprehensive 100% employer-paid health and dental premiums, a health and personal spending account.A dedicated desk in our Vancouver, BC HQ, in the heart of downtown, with a fridge stocked with healthy snacks and drinks, an onsite gym, and a gorgeous rooftop amenity.Enjoy a $20-per-day commuter benefit for every day you work in our Vancouver HQ.An engaging social calendar, including bi-weekly catered lunches, bi-weekly “Friday bar,” team workouts, annual summer party, and holiday party, two “onsite” all-team retreats each year, semi-annual team-building events, and Hiive Womens’ Network events.Significant opportunities for growth into team leadership and management roles.Entrepreneurial culture and a small and dynamic team.Sponsorship, immigration, and relocation for exceptional candidates.Hiive is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed.

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