Venture Fund Accountant - New Ventures and Strategic Alliances

Labcorp is seeking a Venture Fund Accountant - New Ventures and Strategic Alliances to join our team in Durham, NC. Work schedule: Day shift hours at our Research Triangle Park location with hybrid work model availability. Job Responsibilities Manage financial records of venture capital funds for over 50 active investments, ensuring accurate reporting and compliance. Financial Record Keeping: maintain accurate financial records for venture capital funds, including tracking investments, expenses, and returns. Fair Value Return Calculation: calculate and reconcile the fair value and fair value return for all active direct and indirect investments based on valuations defined in sequential financing, updated cap tables, and quarterly capital statements. Financial Reporting: prepare and distribute periodic financial statements, reports and presentations for the Investment Committee (IC), Finance, Accounting and Audit. Accounting and Audit Facilitation: assist in annual accounting and audit activities by collecting requested documentation, K-1s, etc. and liaising with internal accounting and audit teams. Compliance: ensure compliance with accounting standards and legal requirements, maintaining the operational integrity of the fund. KPI Oversight: track and maintain a record of deal flow/deals sourced, track and update KPIs across the portfolio, soliciting and collecting biannual updates from portfolio companies for records and updates to the IC. Treasury liaison: communicate upcoming financings to Treasury, prepare closing package and wire form for direct and indirect investments. NVSA support: assist with deal pro formas, as applicable. Minimum Qualifications Bachelor’s degree in accounting, finance, or business. One or more years of experience in accounting or investment funds. One or more years of experience with Excel. Preferred Qualifications Three or more years of experience in accounting or investment funds. Three or more years of experience with Excel. Certified Public Accountant (CPA) designation. Additional Job Standards Ability to track monthly capital allocation and portfolio fair market value; build out and update KPI dashboards tracking fund strategic return & goals. Ability to solve problems and manage complex financial data. Ability to perform with a high level of accuracy and attention to detail in financial reporting and record-keeping. Ability to communicate effectively and interact with the Venture Fund Investment Committee, Labcorp Executives, portfolio company C-suites, other venture funds, and Labcorp finance, accounting and auditors. Ability to work independently and collaboratively within a team environment. Pay Range $85k - $120k annually (USD). Benefits Medical, Dental, Vision, Life, STD/LTD. 401(k). Paid Time Off (PTO) or Flexible Time Off (FTO). Tuition Reimbursement. Employee Stock Purchase Plan. Employees scheduled to work less than 20 hours per week, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) plan. Employees scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. Relocation assistance available. Equal Opportunity Employer Labcorp is proud to be an Equal Opportunity Employer. We strive for inclusion and belonging in the workforce and do not tolerate harassment or discrimination of any kind. Employment decisions are based on qualifications and merit. Qualified applicants will receive consideration without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital status, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law. We encourage all to apply. If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. #J-18808-Ljbffr LCH Lab. Corp. of America Holdings