Operations Associate / Accountant

About UpMarket

UpMarket is a FinTech firm on a mission to unlock the private markets for individual investors. Our technology enables seamless investmenttoexit management for a myriad of alternative investments including preIPOs hedge funds real estate private equity venture funds and other asset classes. Founded in 2019 UpMarket has helped investors deploy over $140 million into private markets.

Job Title: Fund Operations Associate/Accountant

Location: (hybrid/Remote) can be fully remote / preferred location San Francisco Bay Area

Role: Upmarket is hiring a Fund Operations Associate with accounting experience to assist the firm with daytoday fund administration duties and other associated tasks.

Seeking a dynamic selfmotivated individual for a hybrid/remote position. The ideal candidate should be an independent selfstarter capable of autonomously achieving project goals while also collaborating effectively with the team. This role requires a proactive mindset strong time management and dedication to quality outcomes in a flexible work environment that blends remote and occasional inoffice engagements.

Job Description

• Maintain a thorough understanding of investment offerings and operating procedures as well as provide client/sales/marketing/compliance support.
• Coordinate management of routine operational tasks including:
• Ability to interpret subscription documents operating agreements and other legal documents and support new products launch.
• Managing investor/underlying capital calls fund transfers and distributions cash projections and reconciliations.
• Prepare the broker fee and management fee calculations and complete the commission settlement at the end of each month.
• Prepare company level monthend financial statements and support the auditing process at yearend.
• Assist with the yearend tax process of 1099s and K1s.
• Fluent with QuickBooks
• Adhoc projects as necessary.

Qualifications:

• Bachelor's degree in accounting finance economics or equivalent experience.
• Minimum 1 years accounting experience. Working experience in investment management fund administration or financial services is a plus.
• Proven ability to produce highquality deliverables and prioritize multiple timesensitive tasks.
• Knowledge of reconciliation procedures with an exceptional eye for detail.
• Excellent interpersonal and communication skills both written and verbal.
• Strong skills and experience in Microsoft Excel and experience in QuickBooks is a plus.
• Language proficiency in both English and Chinese/Mandarin.

Featured benefits

• Compensation: $55000 $65000 (based on experience)
• Collaborative and Supportive Culture
• Healthcare (Medical Dental Vision) Coverage
• 401(k) Plan
• H1B sponsorship. OPT is also welcomed