VC/PE Fund Administration Expert

  • Freelance 
  • Salary between €3K and €8K / month
  • Possible full remote

The company



    The job

    VC/PE Fund Administration Expert

    • Freelance 
    • Salary between €3K and €8K / month
    • Possible full remote

    This position was filled!


    For the last four years, Vestberry has been building a fintech analytical tool that’s helping manage billions of dollars worth of Private Equity & Venture Capital fund investments. They are on track to becoming the industry’s standard for portfolio management thanks to customers like Atomico - the 2nd largest EU VC fund, which invested in companies like Wolt, Skype, or Stripe. To reach their ambitious, but realistic goals, they are looking to grow their team of 24.

    Job description

    Hello from Vestberry! Over the last three years we’ve built (what we believe is) the most comprehensive venture capital and private equity portfolio monitoring tool out there. You don’t have to take our word for it - customers like Atomico seem to agree while many more are coming on board (with zero churn so far).

    To keep strengthening our market position, we are looking for an expert on fund management, administration, and accounting. We’ve designed a tool that can capture transaction and portfolio data well, and want to keep expanding our offering with reporting/analytics and further using it in interesting ways. Do you want to guarantee the quality and accuracy of our software while building a new standard for portfolio monitoring with us?

    Role Expectations:

    • You will be the main communication bridge between our clients and our product team for topics from calculation methodologies to fund mechanics. You will work on designing, documenting, and explaining ways of capturing client reality within our tool.
    • You will become our resident Vestberry and VC/PE portfolio monitoring expert, helping us understand the intricacies of the industry and further develop our internal team so that we can continue acting as though leaders and improve the internal processes of our clients.
    • You could contribute to or lead our customer education (from training curriculum to documentation) and content marketing (similar to efforts if interested.

    Examples of problems we’d expect you to tackle could include:

    • Fitting “exotic” transactions into our existing investment ledger logic.
    • Verifying the accuracy and regulatory compliance of client transactional data.
    • Designing TVPI/DPI calculation when the fund is doing recallable distributions.

    We believe is this an excellent opportunity for people with expert VC/PE knowledge who want to deepen their understanding of the market while “productizing” what they already know. You could work with our CPO Matej, CTO Jano, and Senior Product Manager Marián on extrapolating our detailed industry knowledge into a scalable fintech solution. You can watch this 2 min interview with Marián to get a better feel for the people you could work with

    Preferred experience

    You might have noticed that the salary range for this position is wide. That’s because we want to give space to relatively junior specialists if they already have a wide breadth of industry knowledge, but are also ready to work with seasoned veterans of the industry. While not essential for the role, any technical/product background and/or ability to write content are strong value-adds that we are prepared to reward accordingly.

    Whether you are coming from a fund administrator, internal finance team, or elsewhere, you should be able to demonstrate:

    • Deep understanding of fund mechanics like drawdowns, distributions, fund expenses, management fees, carried interest, and their impact on fund metrics.
    • Expert grasp of fund metrics like TVPI, DPI, RVPI, MoIC, IRR (Gross/Net), and their calculation methodologies.
    • Familiarity with Invest Europe regulation, ILPA, IPEV valuation guidelines, EIF requirements, and others.
    • We’d expect you’ll also have some finance certifications like ACCA/CFA, but we care about your knowledge instead of a certificate.
    • Strong analytical skills demonstrated by your comprehensive understanding of LP reporting, ability to visualize data (whether with good’ol PowerPoint or in tools like Tableau, PowerBI, …), and expert grasp of Excel (you INDEX(MATCH()) instead of VLOOKUP()).
    • Confident communication demonstrated by the ability to break down complex problems into pieces in an orderly way, understand their intricacies, and describe a solution that a client will understand. In English of course.
    Questions and answers about the offer
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