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Fund Management Associate

Job Summary


MicroVentures, a leading equity crowdfunding platform, is seeking an ambitious individual to join our Fund Management team.


The team is responsible for the full investment life cycle, including: establishment and funding of an LLC, target investment completion, day-to-day Fund accounting, preparation of periodic reports and tax forms, managing the exit of the target investment, closing the Fund.


The ideal candidate is a high-integrity individual with incredible attention to detail, commitment to accuracy, willingness to learn a unique business, and the ability to excel in a fast-paced financial environment.


What you’ll do at MicroVentures:
  • Assist in the establishment and maintenance of over 800 Venture Funds
  • Assist in the completion of target Fund investments
  • Keep up to date with the performance of Fund investments
  • Prepare quarterly and annual financial statements and reports
  • Prepare investor notices, including capital call, fee, and distribution notices
  • Perform day-to-day fund accounting tasks
  • Participate on special projects related to the fund
  • Assist in the preparation of applicable tax forms (e.g., Form 1065)
  • Ensure compliance with regulatory requirements and other requirements of the funds’ specifications
  • Collaborate with compliance, operations, and executive leadership teams to meet all requirements to the highest standards of quality


What we’re looking for:
  • Bachelor’s degree in accounting, finance, or economics
  • At least three years of experience, preferably within the financial industry
  • Strong organizational and documentation skills
  • Strong verbal and written communication skills
  • Keen eye for details to identify trends, cause and effects
  • Ability to manage multiple tasks and priorities at once
  • Strategic thinker focused on continuous improvement
  • Professional demeanor and strong work ethic
  • Proficiency with Office Suite, especially Excel (formulas, macros, pivot tables, etc.) 


Note to candidates: Cover letters and CVs will be hand reviewed. 

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

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What You Should Know About Fund Management Associate, MicroVentures

MicroVentures, a shining star in the equity crowdfunding arena, is on the lookout for a Fund Management Associate to join their dynamic team in Austin, TX. If you have a passion for finance and enjoy the thrill of managing the full investment life cycle, this is a fantastic opportunity! As a vital member of the Fund Management team, your key responsibilities will include assisting in the establishment and maintenance of over 800 Venture Funds, seeing through target Fund investments, and producing quarterly and annual financial statements and reports. You’ll handle vital tasks like preparing investor notices, performing daily fund accounting, and working with compliance and operations teams to ensure everything runs smoothly. The role calls for a candidate with a strong work ethic, keen attention to detail, and a love for learning. If you're ready to dive into the world of finance and make a mark while managing compliance with regulatory requirements and unique fund specifications, MicroVentures is the place for you. Join a vibrant, fast-paced environment where your strategic thinking and organizational skills will shine as you contribute to exciting special projects and collaborations with executive leadership. Come grow with us at MicroVentures, where innovation meets opportunity!

Frequently Asked Questions (FAQs) for Fund Management Associate Role at MicroVentures
What are the responsibilities of a Fund Management Associate at MicroVentures?

As a Fund Management Associate at MicroVentures, your responsibilities will include assisting in the establishment and maintenance of numerous Venture Funds, preparing financial statements, and ensuring compliance with all regulatory requirements. You'll also manage investor communications such as capital calls and fee notices, perform day-to-day accounting tasks, and collaborate with various teams to support the smooth operation of our funds.

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What qualifications are required for a Fund Management Associate at MicroVentures?

To become a Fund Management Associate at MicroVentures, candidates should possess a Bachelor’s degree in accounting, finance, or economics, along with at least three years of relevant experience in the financial industry. Strong organizational skills, effective communication abilities, and proficiency in tools like Excel are essential for success in this role.

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How does a Fund Management Associate contribute to investment performance at MicroVentures?

In the role of Fund Management Associate, you'll play a critical part in monitoring and analyzing the performance of Venture Funds. By preparing detailed financial reports and assisting with investment completions, you will help ensure that funds are well-managed and aligned with the overall investment strategy, directly contributing to the financial success of MicroVentures.

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What skills are essential for success as a Fund Management Associate at MicroVentures?

Key skills for a Fund Management Associate at MicroVentures include attention to detail, strong organizational abilities, and the capacity to manage several priorities effectively. A professional demeanor, coupled with excellent verbal and written communication skills, is crucial for working with various teams and stakeholders within the company.

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What growth opportunities exist for a Fund Management Associate at MicroVentures?

MicroVentures values professional development and growth. As a Fund Management Associate, you will have opportunities to work on special projects, collaborate with executive leadership, and continuously improve processes. This role can serve as a stepping stone to higher positions in fund management and finance as you hone your skills and contribute to the company’s success.

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Common Interview Questions for Fund Management Associate
Can you explain your experience with fund accounting?

In answering this question, highlight specific instances where you've managed fund accounting tasks, detailing your familiarity with financial statements and regulatory compliance. Discuss the tools and software you've used, emphasizing your proficiency with Excel and any relevant experience with tax forms, as it relates directly to the responsibilities of a Fund Management Associate at MicroVentures.

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How do you prioritize tasks in a fast-paced environment?

Discuss your approaches to time management and organization. Mention specific strategies you've implemented to stay on top of multiple priorities simultaneously, aligning your answer with the fast-paced nature of the Fund Management Associate role, which requires juggling various responsibilities at MicroVentures.

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Describe a situation where you had to communicate complex financial information. How did you handle it?

In your response, showcase your communication skills by describing how you translated complex financial data into understandable terms for stakeholders or team members. This skill is essential for a Fund Management Associate at MicroVentures, where clear communication with clients and directors is crucial.

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What steps do you take to ensure compliance with financial regulations?

Outline your approach to keeping up with industry regulations, including any specific methodologies you use to ensure compliance. Highlight your attention to detail and your experience working collaboratively with compliance teams, core elements of the Fund Management Associate position at MicroVentures.

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How do you handle discrepancies in financial reporting?

Discuss a specific example where you identified a discrepancy and the steps you took to resolve it. Emphasizing your keen eye for detail and systematic approach will demonstrate your fit for the detail-oriented functions required of a Fund Management Associate.

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Why do you want to work at MicroVentures?

Reflect on MicroVentures’ mission in equity crowdfunding, and relate it back to your personal values and career goals. Show enthusiasm for the company’s innovative approach and your eagerness to contribute to its success as a Fund Management Associate.

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What experience do you have preparing financial statements?

Provide examples of how you've prepared financial statements in the past, detailing the types of statements you've dealt with and your familiarity with the reporting process. It’s important to connect this experience to the responsibilities of the Fund Management Associate role at MicroVentures.

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Can you describe a time when you improved a process? What was it?

Share a specific example where you implemented a new process or improved an existing one that led to efficiency or increased effectiveness, relevant to the fund management context. Emphasizing your role in solution-oriented thinking will resonate well with what is expected from a Fund Management Associate at MicroVentures.

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How do you stay current with financial trends and regulations?

Discuss the resources and methods you use to stay updated, such as industry publications, webinars, or professional networks. Your commitment to continuous learning aligns with the values of MicroVentures, particularly for a Fund Management Associate.

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What do you believe is the most challenging aspect of fund management?

Share your insights on common challenges, like maintaining compliance, managing investor expectations, or adapting to market changes. Reflecting on these issues demonstrates your understanding of the Fund Management Associate role at MicroVentures and your preparedness to tackle them.

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FUNDING
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SENIORITY LEVEL REQUIREMENT
TEAM SIZE
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HQ LOCATION
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 22, 2025

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