Interested individuals can connect with Dennis Beard, (dennis@serraventures.com), Tim Hoerr (tim@serraventures.com) or Eric Wilson (eric@serraventures.com).

ABOUT SERRA VENTURES, LLC

Serra Ventures is a venture capital management firm focused on early-stage growth companies. We are attracted to companies that have deep technology which solves industry specific problems. Serra was initially founded to support innovation in the Midwest because we recognized that while many world changing technologies were being invented near Midwest research universities, there was a lack of venture capital to commercialize these technologies. As our world continues to change, we believe that great, innovative teams can succeed anywhere. Over the last 15 years we have invested in over 110 companies in 22 states and Canada with over 150 other venture capital firms. In addition to the venture management function, the Serra team offers advisory services to a variety of industries, primarily mergers and acquisition support. This effort is channeled through its sister entity, Serra Advisors, LLC. The services typically provided are sell-side M&A efforts which require analysis of financial statements and assistance with preparation of financial projection models.

ROLE OVERVIEW

The Accounting Associate will direct the daily accounting activities of the management company and the related investment vehicles including limited partnerships, general partnerships, and special purpose entities; direct the preparation of current financial reports and summaries; and facilitate reporting to limited partners and other key stakeholders. The Accounting Associate will support the Partners on internal controls, risk management and financial process improvement across the organization. In addition, the Accounting Associate will provide support to the Partners in determining and implementing the Company’s financial and strategic plans. In the future, the Accounting Associate may occasionally provide support of M&A advisory projects assisting the partners with projections and analysis of historical data from clients.

RESPONSIBILITIES

• Leadership
  • Active contributor and member of the Serra Ventures team.
  • With support of Partners, lead the effort for financial reporting to investors in Serra’s various investment entities.
  • Participate in the effort to obtain timely and satisfactory financial audits of the venture funds by outside auditors.
  • Participate in the tax preparation process for all entities with the outside accountants.
  • Participate with Partners in discussions with regulators, government departments, banks, external auditors and advisors as required.
  • Assist the Partners in collecting appropriate legal documents from investors in Serra’s various investment entities.
• Financial Planning and Reporting
  • Direct or assist with the preparation of all financial statements, including income statements, balance sheets, investor reports, tax returns, and governmental reports.
  • Assist the Partners in preparing a comprehensive annual budget.
  • Compare revenue and profit projections to actual figures and budgeted expenses to actual expenses; assist the Partners to make or oversee any necessary adjustments to future projections and budgets.
  • Analyze operations to identify processes in need of reorganization or elimination.
  • Work with the CEO and other Partners to coordinate planning and establish priorities for the planning process.
  • With guidance from the Partners, prepare Limited Partner meeting finance materials.
• Risk Management and Internal Controls
  • Identify and evaluate risks to the companies’ property, finances and goodwill.
  • Along with the Partners, work to ensure that the companies comply with all legislation covering corporate financial controls.
  • Participate in development of accounting policies and procedures with regard to accounting capital, debt, taxation, equity, acquisitions and disposals as required.
  • Assist in completing Professional Liability and General Liability insurance renewals on an annual basis.

SKILLS AND ATTRIBUTES

• Establish and maintain positive working relationships with others, both internally and externally, to achieve the goals of the companies.
• Set goals, resolve problems, and make decisions that enhance the companies’ effectiveness.
• Possess “figure it out” skills.
• Have a bias for execution.
• Have the ability to understand new issues quickly and make wise decisions.
• Have the ability to inspire confidence and create trust.
• Have the ability to work under pressure and plan personal workload.
• Have the ability to engage with Limited Partners, vendors, colleagues and other team members.
• Have strong communication skills: Quality, brevity, clarity.
• Maintain balance between an ability to critically review and yet maintain a positive mindset.

EXPERIENCE AND QUALIFICATIONS

• Proven experience as a Staff Accountant, Senior Accountant, Financial Analyst or relevant role.
• Has 2-4 years of accounting and financial experience.
• Has experienced typical “core” accounting functions such as financial statements, payroll, and AR/AP.
• Has strong spreadsheet/financial modeling skills.
• Has some knowledge of data analysis and forecasting methods.
• Is comfortable communicating orally and in writing with Limited Partner Investors and C-level managers at portfolio companies.
• BSc/BA in Accounting, Finance or relevant field; MSc/MBA and CPA/CFA are strong advantages.

Interested individuals can connect with Dennis Beard, (dennis@serraventures.com), Tim Hoerr (tim@serraventures.com) or Eric Wilson (eric@serraventures.com).