Accounting and Operations Associate

Operations Associate – Investor Relations and Operations Team

Mission BioCapital is a leading biotech venture firm investing in a unique global entrepreneurial ecosystem. Tracing our roots back to 2009, Mission BioCapital is now investing out of its 5th fund. We have offices in the San Francisco Bay Area and Cambridge, MA with approximately $500M in assets under management.

We are scientists, investors, founders and serial entrepreneurs. Our team has a long history together investing in, launching and building dozens of early-stage life science companies.

Enabling Awesome: Our core goal is to make life-science entrepreneurship more accessible and efficient than ever. Through our platform of collaborative lab spaces, we get to know the most exciting companies in our ecosystem by helping to solve the critical challenges of their business first, before investing in the best.

We are looking for an Operations Associate to join our team. In this role, you will support the Finance, Operations and Investor Relations teams and utilize strong organizational skills and attention to detail to strengthen our team. The position will be based in Cambridge, MA. This is a hybrid role, but the expectation is that you will be on-site at least 3 days per week.

Job Description

· Assist with Accounting and cash management tasks for our venture capital funds

o Analyze and reconcile bank accounts for all managed entities

o Manage Accounts Payable for separate entities using accounting software

o Responsible for vendor management, entering bills and allocation of expenses to managed entities

o Assist with Accounts Receivable for amounts invoiced to managed entities or portfolio companies

o Post journal entries for accrued expenses and record cash transactions

o Perform review of capital call notices, distribution notices and quarterly capital account statements for managed fund entities

o Track capital calls and distributions for managed fund entities

o Record and reconcile credit card expenses in accounting software

o Help with review of monthly legal fees and allocation of expense to managed entity or portfolio company

o Prepare travel, annual investor meeting and other expense allocation schedules

o Help with accounting of portfolio entities

o Assist with preparation of financial statements

o Help with ad-hoc finance/accounting requests

· Assist with daily and/or periodic Operations and Compliance tasks

o Maintain/update Limited Partner contacts in spreadsheets and databases including our CRM DealCloud

o Assist CCO with periodic staff Compliance requirements

· Assist with event planning and logistics including, but not limited to:

o MBC’s annual off-site meeting with investors

o New events associated with programming to support founders (Platinum Program demo day, etc.)

· Assist on ad-hoc projects as needed

Key Qualifications for an Applicant:

• 1-2 years previous work experience in a corporate setting is preferred
• A Bachelor's degree in Accounting or Business
• Strong proficiency with Microsoft Suite and QuickBooks

Personal Attributes:

• Excellent oral and written communication skills
• Strong analytical skills
• Attention to accuracy and detail
• Intellectual curiosity, motivated by the opportunity to learn
• Team player with flexible nature and willingness to support colleagues
• Self-starter with ability to work both independently and collaboratively
• Positive attitude and strong work ethic, with an eagerness to learn and tackle new challenges
• Willingness to receive informal and formal feedback (and adjust as needed)
• Interest in the financial services industry and private equity

The Benefits

· 401(k) retirement savings plan with employer match.

· At least 12 paid holidays per year and unlimited PTO.

· Generous family and parental leave

· Health insurance plan through Aetna; 100% company-paid premium for employees 80% for their dependents; flex-spending and health savings accounts available

· Other wellness benefits such as One Medical membership and subsidized wellness memberships

We believe in building balanced teams. We are an equal opportunity employer. We evaluate qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Job Type: Full-time

Pay: $70,000.00 - $85,000.00 per year

Benefits:

• 401(k)
• 401(k) 4% Match
• 401(k) matching
• Dental insurance
• Disability insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Vision insurance
• Work from home

Schedule:

• 8 hour shift

Ability to Relocate:

• Cambridge, MA 02142: Relocate before starting work (Required)

Work Location: Hybrid remote in Cambridge, MA 02142