Oversee daily NAV calculations and fund accounting, prepare financial reports, and improve operational efficiencies within fund administration.
It’s rare that a new asset class is born. Nevertheless, we’re witnessing exactly that with the rise of crypto. Over just the last few years, since Bitwise was founded, crypto has evolved from an embryonic $50B market to a growing $3T+ juggernaut. At Bitwise, we believe that crypto has reached a turning point, and is headed north of $10T over the next few years.
This is an exciting moment for Bitwise as a firm. For eight years, we have established a track record of excellence managing a broad suite of index and active solutions across ETFs, separately managed accounts, private funds, institutional staking, and hedge fund strategies. This year, we crossed $15B in client assets and are growing quickly. Thousands of financial advisors, family offices, and institutional investors partner with Bitwise to understand and access the opportunities in crypto. We are known for providing unparalleled client support through expert research and commentary, a nationwide client team of crypto specialists, and deep access to the crypto ecosystem.
Currently, Bitwise is a close-knit team of 100+ global professionals. Think of us as a mix of an asset manager and a tech start-up. We’re backed by some of the most accomplished investors in venture capital and veterans of the financial services world. We love working together, we love what we do, and we’re excited about what’s ahead.
Bitwise is seeking a Fund Administration Senior Associate to assist in the daily oversight of all accounting functions and the preparation of key financial reporting materials. This position will report to the Fund Administration Lead. The ideal candidate will have at least five to eight years of experience in fund accounting, fund administration or fund audit and a strong appetite to learn more about crypto assets. The Fund Administration Senior Associate must be a reliable self-starter, possess excellent communication and problem-solving skills and be comfortable dealing with various internal and external service providers. This position also requires an organized, efficient, results-oriented individual with robust critical thinking skills and a strong proficiency in Excel.
Primary Responsibilities:
- Oversee daily NAV calculation and fund accounting activities for the Bitwise suite of products.
- Calculate and facilitate payment of monthly management fees and performance fees and help to prepare summary reports and budgets for Senior Management.
- Assist in the preparation of monthly Fund Performance Reports.
- Prepare quarterly, annual 15(c) and ad-hoc Board materials as needed.
- Review daily, monthly and ad hoc requests for fund information.
- Oversight and review of invoices from all major Fund vendors.
- Help to improve our current review process (in Excel) and implement new operational efficiencies.
- Take on special projects as needed, with a focus on automation and efficiency.
- To assist as needed with the production and review all Bitwise Fund financial statements, including registered ‘40 Act products, ‘33 Act products, Hedge Fund products, and Private Funds.
- To a lesser extent, prepare and review regulatory filings such as SEC Forms 10-Q, 10-K, 8-K, and ADV, as well as NFA filings.
Role Requirements:
- 5-8 years of fund accounting, audit and/or administration experience.
- Bachelor’s degree in Accounting or Finance.
- CPA or MS in Accounting a plus.
- You are proficient with Microsoft Office applications (e.g., Excel, Word, PowerPoint) with very strong Excel skills.
- You are a reliable self-starter, and possess excellent communication and problem-solving skills .
- You are comfortable dealing with various internal and external service providers.
- You are organized, efficient, and results-oriented, with robust analytical and critical thinking skills.
- You are able to work independently and also as part of a team.
- Your style is like ours: high-energy, positive, caring, deliberate, self-aware, curious and open-minded. You’re inclined to take ownership to get the best outcome but happy to transfer or share ownership with others. You’re proactive in pursuing what you want, you take pride in your ability to communicate and connect with others, and you’re always looking to improve.
- You have willingness and enthusiasm to learn new topics and be dynamic in a rapidly evolving company and space. You’re excited to work in crypto.
What We Offer:
- Compensation: $150,000-$175,000 salary
- Equity compensation as a component of all offers
- Health insurance, including dental and vision plans
- Health, Dependent Care, and Commuter Flexible Spending Accounts
- Paid Parental Leave
- Life insurance; short- and long-term disability plans
- Company funded 401(k) plan, no matching required
- Unlimited PTO
- 10 paid company-wide holidays
- Office spaces in San Francisco and New York
- Meals and snacks provided in the office
- Paid company cell phone
- Bitwise “Buddy” program (30-day new-hire success program)
- Annual birthday and anniversary gifts
- Company-wide events including the annual holiday party
- Internal Women of Bitwise group with fun events
Bitwise is an equal opportunity employer. We are committed to building a team of people with a variety of backgrounds, perspectives, and skills. It is the policy of Bitwise to ensure equal opportunity. All candidates are considered without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other legally protected characteristics.
Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Top Skills
Excel
MS Office
Bitwise Asset Management San Francisco, California, USA Office
300 Brannan St, San Francisco, CA, United States, 94107
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