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 tier-one venture capital investors, we are seeking to scale our high-performing team.

As a Senior Fund Accountant, you will be a foundational part of the Hiive asset management team. Reporting to the VP of Operations, 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 and support the 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:

• Create the fund accounting function at Hiive, which includes setting up policies, processes, procedures, vendor relationships, and templates.

• Work with the fund administration team to prepare accounting packages for Hiive’s funds.

• Create monthly fund financial reports.

• Oversee the valuation framework and strike NAVs for each of Hiive’s funds.

• Manage Hiive’s accounting processes for all direct and underlying fund investments.

• Review calculations for investor capital calls and distributions.

• Prepare year-end annual fund financial statements in accordance with GAAP.

• Prepare annual K-1s for each investor in the funds.

• Perform 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.

• Assist the fund administration and fund operations teams with initial accounting setup for new fund launches.

• Handle accounting for fund wind-downs.

• Manage investor ad hoc accounting inquiries and requests.

• Work with the product and engineering teams to productize fund administration functions over time.

Required Experience:

• 6+ years prior experience working in fund accounting, particularly management of private equity or venture capital funds

• CPA/CA or other equivalent accounting qualification

• Prior experience working as a fund administrator or public accounting firm with specific experience working on private funds and investments.

• Direct experience in creating and reviewing financial and tax statements for a variety of alternative investment funds.

• Strong knowledge of GAAP for investment companies and related 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.

Preferable Experience:

• 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.