Finance Private Equity

4 weeks ago


Durham, North Carolina, United States Bland Landscaping Company Full time

Formed in 1974, Harvard Management Company ("HMC") manages Harvard University's endowment and related financial assets. Our singular mission is to help ensure Harvard University has the financial resources to maintain and expand its leadership in teaching, learning, and research for future generations. The endowment is managed by a highly experienced generalist investment team whose members each take ownership of the entire portfolio, regardless of asset class. HMC's operational structure brings a wide range of expertise to our portfolio management. These functions include legal, compliance, finance and accounting, human resources and administrative services as well as information technology to develop and implement the systems necessary to support our investment activities.

SUMMARY:

HMC's Finance team works closely with the firm's investment professionals and external fund managers, as well as HMC's legal and operations teams to execute all of the investment activities for the portfolio. As a finance function, the team ensures the portfolio is properly controlled, which includes accounting and reporting on all portfolio activity. In addition, the team performs financial analysis and research into various elements of the investment portfolio, including performing diligence on new investment themes and opportunities, or broader analysis on market trends and events.

The incumbent will have primary oversight responsibility over private equity fund investments, which is one of the largest allocation of assets within the portfolio. The broader Finance team also supports hedge funds, public equity, credit, real estate, and other investment strategies; as such this individual will gain a broad perspective over these investment strategies and will collaborate on portfolio-wide initiatives. This is an exceptional growth opportunity for a talented individual seeking to take their career to the next level.

SUMMARY OF RESPONSIBILITIES:

Oversee the valuation, accounting, and reporting of the portfolio's investments in private equity funds
Provide direction and guidance to HMC's fund administrator on their execution of transactions and valuations to ensure accounting and performance records are maintained accurately and timely
Collaborate with team members and other functions across HMC to execute the monthly accounting period closes and analyze investment valuations and portfolio performance
Work closely with the investment and legal teams during deal closes, with a focus on structural analysis, and support portfolio investments throughout the entire trade lifecycle
Work closely with the compliance, legal, and tax teams to facilitate regulatory, ESG, and other reporting
Perform technical analysis and research on ad-hoc portfolio matters, and actively engage across support functions at HMC, as well as with external service providers and 3rd party fund managers
Contribute towards a strong internal control environment that seeks to protect and safeguard Harvard's financial assets and intellectual property
Ideate and help develop new technology-based solutions both independently and in a supporting capacity on larger projects by acting as a liaison to the information technology and business teams
Offer creativity in dealing with problem solving and idea development; flexibility in responding to a changing environment and daily workflow; and a value-added/efficiency approach to all tasks and projects

Required Skills
Required Experience
QUALIFICATIONS:
BS in Accounting or Finance; CPA license preferred; CFA also a plus, but not required
5-7 years of relevant experience; a foundation in Big 4 public accounting is critical auditing private equity and venture capital clients and similar investment entities; a mix of public and other relevant (private equity fund of funds) industry experience is preferred
Strong understanding of the investment industry, and proficiency with private equity structures, valuation issues, and financial reporting matters (US GAAP & IFRS knowledge required)
Familiarity and comfort in reviewing and interpreting legal documents
Highly proficient with technology including advanced Excel skills; experience with VBA or Power BI a plus
Ability to work well under pressure, balance competing priorities, consistently meet deadlines, and deal with the unexpected, while operating under a hybrid model
Experience in leading people and promoting a supportive culture of collaboration, mentorship, and growth
Exceptional communication skills, both written and verbal, with the ability to convey complex ideas succinctly and confidently
Ability to develop strong relationships throughout the organization, founded in a mindset of value added service and thoughtful analysis
Demonstrated self-awareness, and ability to approach problems creatively, and with intellectual curiosity and the rigor to achieve superior outcomes to advance our mission
Highest level of integrity and character, self-motivated and takes initiative/pride in work, owns and follows-through on tasks, consistent attention to detail with high-quality output, a keen sense for process and system enhancements, and a commitment to overall operational excellence

Other details:
The FLSA classification for this position is exempt
HMC is operating on a hybrid work model where employees are in the office from Tuesday to Thursday and remote on other days
HMC will not sponsor applicants for work visas for this position.



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