Full-Time

Associate – Valuations

Venture Capital & Private Equity

Confirmed live in the last 24 hours

StepStone Group

StepStone Group

501-1,000 employees

Global private markets investment firm

Venture Capital
Financial Services
Real Estate

Compensation Overview

$90k - $100kAnnually

Mid, Senior

Baltimore, MD, USA

This is a hybrid position.

Category
Private Equity
Venture Capital
Finance & Banking
Required Skills
Power BI
Excel/Numbers/Sheets
Requirements
  • Must possess a four-year college degree with a major in Accounting
  • Five years of fund accounting, fund operations, or public accounting experience
  • Strong Microsoft Excel experience
  • Experience with Power BI, Excel, Power Pivot, and SharePoint
Responsibilities
  • Collaborate and coordinate quarterly and annual valuation work across various research and enterprise services teams
  • Coordinate and review valuation deliverables and related supporting documentation
  • Participate in quarterly valuation calls with VC Valuation Committee
  • Interact directly with VC investment team analysts and associates to provide detailed review commentary on prepared materials, ensuring accuracy and completeness
  • Assist in the review of portfolio company operating and financial performance metrics to help facilitate fair value recommendations
  • Ensure portfolio company fair valuation in accordance with GAAP and with the Company’s Valuation Policy
  • Ensure valuation reviews are executed and documented as required under SOX
  • Compile valuation-related supporting documentation for the funds’ annual financial statement audits
  • Support the investment team, fund accounting, SPAR and the third-party fund administrator, as needed, to resolve questions related to portfolio company accounting records
  • Understand investment transaction documents and interpret impact on valuation and accounting records
  • Understand how investments are tracked and reported in SPI Reporting to support performance reporting
  • Develop working knowledge of SPI reporting and support for quarterly valuation recording in SPI Reporting
  • Respond to internal and external requests in a professional and timely manner
  • Perform other duties as requested or as responsibilities dictate

StepStone Group manages a large amount of private capital, focusing on private equity, infrastructure, real assets, real estate, and private debt. The firm develops tailored investment portfolios for sophisticated investors by using a disciplined research approach. This approach combines different types of investments, including primary investments, secondary investments, and co-investments, to create a diversified portfolio. StepStone stands out from its competitors by its emphasis on customization and thorough research, ensuring that each portfolio meets the specific needs of its clients. The goal of StepStone is to provide effective investment solutions that maximize returns for their clients.

Company Stage

IPO

Total Funding

$7.6B

Headquarters

New York City, New York

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven real estate analytics enhance StepStone's decision-making and portfolio management.
  • Secondary market platforms improve liquidity management and broaden investment opportunities for StepStone.
  • Emerging market real estate investments offer diversification and growth opportunities for StepStone.

What critics are saying

  • Increased competition in AI-driven strategies may impact StepStone's market share.
  • Cybersecurity threats necessitate increased investment in protective measures for StepStone.
  • AI-native platforms in various sectors pressure StepStone to integrate more AI solutions.

What makes StepStone Group unique

  • StepStone integrates primaries, secondaries, and co-investments in customized portfolios.
  • The firm has a global presence with offices in 14 major cities worldwide.
  • StepStone's disciplined, research-focused approach aligns with sustainable and ESG-focused investment trends.

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