Senior Fund Accountant

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 a Senior Fund Accountant, 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:

• 4+ 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.