Fund Accountant

Quona Capital is seeking a detail-oriented Fund Accountant to own and drive Quona’s fund-related accounting functions. The Fund Accountant will be a core member of our collaborative and fast-paced Finance & Accounting team, reporting directly to the Director of Finance who is based in our Washington, D.C. office. The role requires excellent time management skills, a passion for delivering the best customer service, natural curiosity and eagerness to learn and contribute daily.

Company Overview

Quona was established in 2015 with a vision to back innovators enhancing the quality and availability of financial products and services for underserved consumers and enterprises through business model innovation and smart leveraging of technology. Today, Quona manages approximately $800M AUM, has 70+ portfolio companies across our core funds, and is backed by a marquee group of global investors.

We are a diverse team of 27 professionals who collectively speak 20 languages. Our team spans the globe, and we are deeply embedded in the regions in which we work. Our team members work from locations like São Paulo, Mexico City, Bangalore, Cape Town, Singapore, Lagos, Nairobi, and Washington DC – to name a few!  We deeply value collaboration and learning, and are looking forward to growing our team with individuals who embody our key values: Impact, Trust, Teamwork, Integrity, and Excellence.

To learn more, check out our portfolio and meet the team at www.quona.com.

Location

Washington DC-area residence location a plus,  which facilitates regular in-office collaboration.  Remote work is possible (Central or Eastern time zone preferred. Occasional travel to DC or another global location would be expected).

Requirements

Fund Accounting

• Lead day-to-day accounting needs of the funds, Special Purpose Vehicles (SPVs), and relevant GP entities such as invoice processing and booking, general ledger maintenance, bank reconciliations, etc.
• Collaborate with the external fund administrator on a monthly closing of the funds’ books
• Ensure compliance with bank reporting requirements related to capital call lines of credit by timely filing of monthly and quarterly reports
• Review draft quarterly financial statements prepared by the fund administrator
• Initiate, coordinate and review capital activity including capital call and distribution notices
• Assist with the quarterly valuation process
• Reconcile internal books with the records of the fund administrator quarterly
• Lead preparation of the financial summaries for quarterly and annual investor reports
• Contribute to the successful and timely completion of annual audit and tax
• Work closely with Quona compliance team to ensure adherence to the requirements outlined in the funds’ agreements and investor side letters, or issued by the regulatory bodies overseeing Quona’s activities 

Investment team support

• Maintain fund performance tracking platform (Cobalt) up to date accurately recording cashflows of the funds
• Assist with research and technical support related to tax and accounting considerations in structuring new and exiting existing investments

Limited Partner support 

• Coordinate with the Investor Relations and the fund administrator teams to ensure accurate and prompt responses to recurring and ad-hoc investor inquiries
• Assist in the preparation of capital call projections and annual budgets

Skills and Competencies

• Team player, positive attitude and can-do approach; be nimble and be able to scale work up or down as needed
• Curious mindset and demonstrable critical thinking skills
• Strong knowledge of U.S. GAAP with solid understanding of debits and credits
• Bachelor’s or master’s degree in Accounting or related field.
• 2+ years of experience at an investment management firm and/or fund administrator
• Ability to read and interpret legal and tax documents
• Fluency in English, excellent writing and communication skills.
• Self-starter able to operate with a high degree of autonomy; detail-oriented and efficient
• Ability to proactively plan and problem-solve.
• Interest in Quona’s financial inclusion mission and working with a multinational, multicultural team.

Benefits

Quona is a small, diverse team committed to the vision of building a more financially inclusive world. We prioritize hiring team members who align with our values and are driven by our mission. To support this, we offer competitive market-based compensation and benefits which include:

• 100% company-paid medical, dental and vision insurance for employees and their dependents
• up to 12 weeks of 100% paid Parental leave
• Health and dependent-care FSAs
• 401k match
• Unlimited vacation time
• Paid sick leave
• Short- and long-term disability insurance
• Life insurance
• Commuter benefits
• Phone reimbursement
• Annual professional development budget
• Discount programs
• and an awesome opportunity to work alongside amazing people and meet them in person (at least) annually in one of Quona’s markets

Application Material

• Please apply through this link (https://apply.workable.com/quona-capital-llc/j/9ED74726F5/ )
• Resume
• Cover Letter (why would you like to work at Quona and what makes you a good candidate?)

Candidates of all backgrounds, including those belonging to underrepresented minorities, are strongly encouraged to apply.