Partner 32, Assistant Controller, Crypto

<p><span style="font-family: 'times new roman', times, serif;">Founded in Silicon Valley in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (aka a16z) is a venture capital firm that backs bold entrepreneurs <a href="https://a16z.com/news-content">building the future</a> through technology. We are <a href="https://a16z.com/portfolio">stage agnostic</a>. We invest in seed to venture to <a href="https://a16z.com/growth/">growth-stage technology</a> companies, across <a href="https://a16z.com/ai/">AI</a>, <a href="https://a16z.com/bio-health/">bio + healthcare</a>, <a href="https://a16z.com/consumer/">consumer</a>, <a href="https://a16zcrypto.com/">crypto</a>, <a href="https://a16z.com/enterprise/">enterprise</a>, <a href="https://a16z.com/fintech/">fintech</a>, <a href="https://a16z.com/games">games</a>, and companies building toward <a href="https://a16z.com/american-dynamism/">American dynamism</a>. a16z has $100B+ under management across multiple funds.</span></p> <p><span style="font-family: 'times new roman', times, serif;">We’ve established a team that <a href="https://a16z.com/about/">is defined by</a> respect for the entrepreneur and the company-building process; we know what it’s like to be in the founder’s shoes. We’ve invested in <a href="https://a16z.com/portfolio/">companies</a> like Anduril, Airbnb, Coinbase, Cursor, Databricks, Deel, Figma, GitHub, Roblox, SpaceX, and Stripe. Our team is at the forefront of new technology, helping founders and their companies impact and change the world.</span></p> <h2><span style="font-family: 'times new roman', times, serif;">The Role</span></h2> <p><span style="font-family: 'times new roman', times, serif;">We are looking for an Assistant Controller to join our Crypto Fund Finance team. The Assistant Controller will report directly to the Crypto Fund Controller and will work closely with other Assistant Controllers and Fund Finance staff. Internal customers of the role include Investor Relations, Fund Strategy, Corporate Accounting, General Partners, Crypto Technical Operations and external customers include Limited Partners and outside auditors. The Assistant Controller is responsible for daily cash flows of the Funds including wires for investing and cash distributions, monitoring crypto activity and quarterly Fund financial reporting. Given the increasing complexity of our portfolio, we require a candidate with direct liquid trading experience. This includes familiarity with NAV calculations, short positions, leverage, derivatives, and more frequent (daily or monthly) portfolio pricing cadences. We use enterprise software (AllVue, Anaplan, Salesforce, HazelTree, WorkDay, Tres, and Qval) for efficiency and scale.</span></p> <ul> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Facilitate, review, and monitor cash flows to and from investors, portfolio companies, exchanges, custodians, prime brokers, and other counterparties&nbsp;</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Lead cash, token, stock, and other in-kind distributions, working closely with bankers, brokers, custodians, transfer agents, and internal stakeholders</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Oversee and manage wiring activity for portfolio investments, trading activity, investor transactions, fund expenses, and other operational needs</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Review work of Senior and Staff accountants</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Maintain portfolio tracking reports</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Monitor all crypto activity, including custody, staking, delegation, sales, and purchases</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Work collaboratively and efficiently with the team to complete quarterly and annual financial statements, the annual audit, and fulfill tax requirements</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Prepare all documentation in accordance with SEC guidelines and US GAAP</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Coordinate with portfolio company counsel and internal General Counsel as necessary</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Work closely with the Crypto vertical to ensure integration of internally developed software with our existing accounting systems</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Evaluate current team processes and collaborate with colleagues to enhance them through technology and automation</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Provide timely assistance with ad hoc reporting requests from limited partners, Crypto vertical and the Investor Relations team</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Assist with projects as needed</span></li> </ul> <p><span style="font-family: 'times new roman', times, serif;">This role requires an in-office presence 2 days a week in our Menlo Park, CA or San Francisco, CA office.</span></p> <h2><span style="font-family: 'times new roman', times, serif;">To join our team, you should be excited to:</span></h2> <ul> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Work in a highly organized and detail-oriented way. Manage multiple priorities and deadlines effectively.</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Collaborate with multiple teams and people</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Build trust and support your colleagues</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Actively participate and communicate in a productive manner</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Approach issues with a solution-focused lens</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Work with different investment instruments and strategies</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Have a strong interest in leveraging AI tools to streamline accounting processes and improve accuracy</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Work in a very dynamic, fast-paced environment - requirements can change with little notice, and you will need to adapt and be flexible</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Master venture capital and hedge fund finance from the ground up</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Take the time to understand our processes and culture, embrace the best parts and recommend changes for improvement</span></li> </ul> <h2><span style="font-family: 'times new roman', times, serif;">Minimum Qualifications</span></h2> <ul> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Bachelor’s degree, or equivalent education experience, with focus in accounting or finance&nbsp;</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">7+ years of combined public accounting or relevant accounting experience with a deep understanding of partnership accounting, venture capital operations, and hedge fund operations</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Understanding of various investment instruments such as swaps, futures, and options</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Able to deal with sensitive information and maintain confidentiality</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Advanced Microsoft Excel skills</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Low ego, high empathy, and the capacity to collaborate effectively with diverse teams</span></li> <li style="font-family: 'times new roman', times, serif;"><span style="font-family: 'times new roman', times, serif;">Experience with Microsoft Dynamics NAV accounting software is a plus</span></li> </ul> <p><span style="font-family: 'times new roman', times, serif;">The anticipated salary range for this role is between $216,000 - $252,000, actual starting pay may vary based on a range of factors which can include experience, skills, and scope.</span></p> <p><span style="font-family: 'times new roman', times, serif;">This role is eligible to participate in the a16z carry program and various discretionary bonus programs as well as benefit and perquisite plans including health, dental, vision, disability, life insurance, 401K plan, vacation, and sick leave.</span></p><div class="content-conclusion"><h2><span style="font-family: 'times new roman', times, serif;"><strong>a16z culture&nbsp;</strong></span></h2> <ul> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We do only first class business and only in a first class way</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We take a long view of relationships, because we are in the relationship business&nbsp;</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We believe in the future and bet the firm that way</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We are all different, we recognize that, and we win</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We celebrate the good times</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We do it for the team</span></li> <li style="font-weight: 400; font-family: 'times new roman', times, serif;"><span style="font-weight: 400; font-family: 'times new roman', times, serif;">We play to win</span></li> </ul> <p><span style="font-weight: 400; font-family: 'times new roman', times, serif;">At a16z we are always looking to hire the absolute best talent and recognize that diversity in our experiences and backgrounds is what makes us stronger. We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. These differences are what enables us to work towards the future we envision for ourselves, our portfolio companies, and the World.</span></p> <p><span style="font-family: 'times new roman', times, serif;">Our organization participates in E-Verify. Click<a href="https://www.e-verify.gov/employees" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.e-verify.gov/employees&amp;source=gmail&amp;ust=1674233464432000&amp;usg=AOvVaw1-yT1T3ug2xE734Ge62fLD"> here</a> to learn about E-Verify.</span></p> <p><span style="font-family: 'times new roman', times, serif;">Andreessen Horowitz hereby reserves the right to make use of any unsolicited resumes received from outside recruiting agencies and / or individual recruiters without being responsible for payment of any fees asserted from the use of unsolicited resumes.</span></p></div>