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Full-Time

Fund Administration Analyst

Updated on 10/18/2024

Carta

Carta

1,001-5,000 employees

Financial platform for fundraising and equity management

Fintech
Financial Services

Entry

Hamilton Township, NJ, USA + 1 more

More locations: Draper, UT, USA

Category
Financial Accounting
Management Accounting
Accounting
Requirements
  • Bachelor’s Degree in Accounting
  • Eager to learn about the Venture Capital and Fund Administration space
  • Proficiency in Microsoft Office, with emphasis on Excel
  • Strong critical thinking, problem solving, and analytic skills
  • Interest in providing best-in-class-service
  • Interest in working on projects in a fast paced environment with a supportive team and as an individual
  • Natural communicator
  • Comfortable providing and escalating feedback (as you encounter issues in your day to day work)
  • Pride in personal development and growth
  • Open to constant change and learning as we continue to innovate
  • 0-1 year of relevant work experience preferred, including internships (Public Accounting or Fund Administration experience is a plus)
Responsibilities
  • You accurately prepare work for all assigned tasks eg: capital call preparation journal entry booking for investments and expenses, cash reconciliations, etc.
  • Find ways to continuously improve quality and velocity of work, partnering with our enablement teams, process experts, and product development teams on solutions
  • Help identify opportunities for Carta’s functional shared services teams to provide an amazing experience for our fund administration customers

Carta provides a platform that simplifies the fundraising process for businesses, particularly startups, venture capitalists, and private equity firms. The platform offers a range of tools and services that help manage assets, automate back office operations, and provide insights into investment portfolios. One of its standout features is the use of machine learning to deliver real-time market intelligence, which aids businesses in making informed decisions about employee compensation. Additionally, Carta facilitates equity sales for employees and investors, making what can be a complicated process much easier. Unlike many competitors, Carta combines software with expert services to create a more comprehensive solution for its clients. The goal of Carta is to make fundraising faster, easier, and more cost-effective for businesses.

Company Stage

Series G

Total Funding

$1.1B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-8%
Simplify Jobs

Simplify's Take

What believers are saying

  • Carta's extensive suite of tools and services can significantly streamline the fundraising process, making it easier and more cost-effective for startups and investors.
  • The company's ability to provide real-time market intelligence and robust data sets can help businesses make more informed decisions, particularly in compensation and equity management.
  • Partnerships with firms like Herzog and proactive compliance solutions position Carta as a trusted and innovative leader in the fintech space.

What critics are saying

  • The recent data breach incident could undermine client trust and impact Carta's reputation in the market.
  • A decline in venture deal counts and cash raised, as reported, may affect Carta's revenue and growth prospects.

What makes Carta unique

  • Carta's platform uniquely integrates machine learning to provide real-time market intelligence and compensation data, setting it apart from traditional financial services.
  • The company's focus on simplifying equity sales and back office automation offers a comprehensive solution that addresses multiple pain points for startups and investors.
  • Carta's proactive approach to compliance, such as offering a free Corporate Transparency Act compliance solution, demonstrates its commitment to regulatory support and client ease.

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Benefits

Free lunch and snacks

Equity

Employee liquidity every 12-18 months