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

Compensation Overview

$90k - $100kAnnually

Entry, Junior

Baltimore, MD, USA

Hybrid position requiring in-office presence.

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, totaling over $91 billion, with around $24 billion in assets under management. The firm specializes in private markets, focusing on areas such as private equity, infrastructure, real assets, real estate, and private debt. StepStone creates tailored investment portfolios for sophisticated investors by using a disciplined research approach that combines primary investments, secondary market purchases, and co-investments. This method allows them to provide customized solutions that meet the specific needs of their clients, setting them apart from competitors who may offer more standardized investment options. The goal of StepStone is to deliver optimal investment strategies that maximize returns while managing risk for their clients.

Company Stage

IPO

Total Funding

$7.5B

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 investment strategies and decision-making.
  • Secondary market platforms improve liquidity management and access to new opportunities.
  • Digital platforms streamline real estate transactions, boosting operational efficiency.

What critics are saying

  • AI-driven investment platforms challenge StepStone's market position in customized real estate.
  • Digital banks attract significant investment, increasing competition for capital allocation.

What makes StepStone Group unique

  • StepStone integrates ESG factors into real estate investments, enhancing sustainability credentials.
  • The firm offers customized portfolios using a disciplined research-focused approach.
  • StepStone leverages co-investment opportunities to provide tailored investment solutions.

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