Job Details

Lateral Investment Management is a private equity firm focused exclusively on investing in founder‑owned companies that have reached an inflection point. We partner with high conviction owners who want an institutional partner to help them expand and accelerate their vision. At Lateral, we take a collaborative approach that leverages our domain expertise, strategic insight, and operational resources to drive significant growth and value creation. We specialize in technology and business services, specifically B2B software, industrial technology, managed solutions, and technology‑enabled services. With over $900M of assets under management, the firm is currently fundraising for its second core fund.

Lateral Investment Management is seeking a Fund Accountant to support the financial reporting and financial operations of the firm. The role will report to the Senior Accounting Manager and the Assistant Controller but will also work closely with all members of the Lateral's in‑house legal and Investor Relations teams.

This role requires 5 days in office at our San Mateo, CA location.

Responsibilities

• Assist with wires for capital distribution, redemptions and expenses
• Assist with quarterly/annual close including preparation of financial statements and related supporting schedules including valuation
• Work closely with fund administrator to shadow books and records
• Prepare quarterly report and supporting schedules for investors
• Collaborate on analytical projects as requested, including complex valuations, public comparable analyses, and liquidation waterfalls
• Collaborate with others on the team in monitoring and overseeing the collection of data from privately‑held Portfolio Companies
• Assist with documentation in accordance with Finance policies and procedures
• Liaise with external audit team
• Preparation for review of year‑end audit and tax schedules and support
• Work closely with other members of the Finance and Investor Relations team to produce capital call/distribution allocations and Investor notice letters
• Track and prepare Limited Partner or Portfolio Company audit confirmation requests; assist with automation of confirmation process

Qualifications

• Certified Public Accountant (CPA) license (or equivalent) preferred
• Required: 2+ years of accounting experience at private equity, private credit firm, venture capital, public accounting firm or fund admin services firm
• Flexible team player who thrives in a dynamic workplace with an established ability to meet deadlines
• Exceptional attention to detail and strong analytical skills
• Strong communication skills, experience working on high‑performance teams
• Excel “power‑user”, familiarity with PowerPoint