Fund Operations Associate

Our Mission
We uplift people and economies around the world through entrepreneurship.
Who We Are
500 Global is a venture capital firm with $2.2B in assets under management that invests in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. We work closely with key stakeholders and advise governments and corporations on how best to support entrepreneurial ecosystems so startups can thrive. 500 Global has backed over 5,000 founders representing more than 3,000+ companies operating in 80+ countries. We have invested in 35+ companies valued at over $1 billion and 160+ companies valued at over $100 million (including private, public, and exited companies). Our 180+ team members are located in 27 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.
https://500.co/
https://latam.500.co/
Scope:
The Fund Operations Associate plays a key role in managing day-to-day treasury and operational workflows for 500 Global’s venture capital funds while supporting the Fund Accounting team on financial reporting and fund administration activities.
This role offers exposure to the full fund lifecycle — from cash management and wire processing to supporting quarterly closes, fee calculations, and audit preparation. It’s well- suited for someone detail-oriented and proactive who wants to build depth in fund operations while gaining experience in fund accounting.

Essential Functions

• Prepare and process fund wires for investments, expenses, capital calls, and distributions.
• Review, code, and process fund invoices and reimbursements in accordance with fund documents and internal policies.
• Maintain and monitor cash balances across multiple bank accounts and entities.
• Prepare and update short-term cash forecasts to support capital planning and liquidity management
• Own recurring operational and accounting tasks such as maintaining schedules, reconciliations, and internal reports to support quarterly close and fund activity cycles.
• Support the Fund Controllers during quarter-end and year-end reporting cycles, including data checks, schedules, and variance analyses.
• Identify and implement opportunities to enhance efficiency and strengthen internal controls
• Support system or workflow initiatives to streamline fund operations.
• Assist with quarterly and annual financial statement preparation in accordance with U.S. GAAP and fund agreements.
• Support external auditors and tax advisors by preparing schedules, responding to requests, and resolving open items.

Minimum Qualifications

• Bachelor’s degree in Accounting or related field.
• 2+ years of accounting experience.
• Proficiency in Microsoft Excel and working knowledge of other MS Office applications.
• Strong analytical and problem-solving skills.
• Self-starter who takes ownership and follows through on tasks.
• Collaborative team player who can also work independently with minimal supervision.

Preferred Qualifications

• Experience in the investment management industry, fund administration, or public accounting (PE, VC, hedge funds).
• Familiarity with fund accounting systems such as Allvue / AltaReturn.
• Strong organizational skills with the ability to manage multiple priorities and meet tight deadlines.
• Comfort operating in a dynamic, fast-paced, and global environment.
• Experience working with distributed or remote teams.