Fund Accountant


  • Team: Finance
  • Salary: A$70,000 - A$80,000 p.a. plus super, carried interest and profit share
  • Location: Sydney or Melbourne, with flexibility to work remotely
  • Closing: 11:59pm, 22nd Mar 2022 AEDT

Job Description

About the Role

Blackbird is looking to hire a Fund Accountant to assist in the day-to-day financial operations of the Blackbird funds, such as balance sheet reconciliations, financial reporting and tax compliance. You will work closely with our Fund Accountant, Sue Zann Wong, and report to our Financial Controller, Justina Yap.

This role is full-time, based in either Sydney or Melbourne, with the flexibility to work from home.

We are delighted to offer a base annual salary range of A$70,000 to A$80,000 plus super. In addition, all Blackbird employees receive carry in our funds and are owners of the management company.

Role Responsibilities

  • Financial reporting: Reconciling the Funds’ balance sheets. Preparing the Funds’ quarterly Net Asset Value Statements. Assisting with the annual audit and preparing the draft financial statements. Preparing capital account statements for investors.

  • Tax compliance: Assisting with the compilation of information for the external tax advisers and managing the process of disseminating tax statements to investors.

  • Cash management: Forecasting the Funds’ cash needs for capital calls. Ensuring that all capital calls have been received from investors, and all distributions have been successfully paid to investors.

  • Investor relations: Answering any queries investors might have on their investments or the Blackbird Funds.

  • Process improvement: With a growing number of staff in a relatively young company, there are plenty of opportunities for streamlining and automating processes.

  • Assisting Operations: Where required, assisting the Operations team with ad hoc tasks.

Position Requirements

Ideally, you would have at least one to two years of experience in fund accounting, with a strong foundation in day-to-day finance operations such as reconciliations, tax and reporting. Experience with Xero helps, though it is not essential.

You must have working rights in Australia.

Your background is less important than the key skills, which include:

  • The ability to reconcile differences between the books and sources of truth, and taking action to resolve those differences in a timely manner

  • Familiarity with concepts such as carried interest, IRR hurdle rates and investment revaluations

  • A solid working knowledge of accounting standards and tax legislation

  • The ability to communicate well with both internal and external stakeholders

  • Taking ownership of tasks, including thorough self-review of work

  • Being extremely detail-oriented and organised

  • A hospitality mindset, whether it’s helping out a colleague above and beyond your role, or providing great customer service to our founders and investors

We’re looking for someone who is as passionate as us about building an iconic investment business. You must have a high ownership mentality and the ability to take responsibility for goals and outcomes.

Accounting Qualification Benefits

If you intend to start or are already studying for the CA or CPA qualification, Blackbird will support your pursuit of professional qualifications by giving time off work for study leave and exams, and reimbursing course fees upon passing modules.

Working at Blackbird

We believe that building a diverse and inclusive team is critical to Blackbird’s success. We do not discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status. We use Applied to ensure every applicant gets an equal chance of success.

We offer:

  • Flexible working: Whether it’s working from home or leaving early to pick up the kids from daycare or school.

  • Generous parental leave: We know family comes first and we are proud to offer generous parental leave - 16 weeks for primary carer and 6 weeks for a secondary carer, subject to a 12 month minimum tenure. This includes a continuation of super payments while on unpaid parental leave and a supportive return-to-work policy.

  • Learning & Development budget: Our team is hungry to continuously learn and you’ll receive a budget to spend on whatever you’d like to learn - from coding courses to meditation.

  • Unplugged weekends: We work hard without letting work get in the way of life. We’ve implemented no Slack or emails on weekends, so you can switch off and enjoy yourself.

  • A share of Blackbird’s success: We think it is important to share successes with the whole team. All Blackbird employees receive carry in our funds and are owners in the management company.

Blackbird is a Pledge 1% member —  we pledge 1% of our time, equity and profits to help not-for-profit causes in our community. Through Pledge 1%, we established the Blackbird Foundation to supercharge the creative capabilities of young people.

In 2021, we were recognised in top 5 technology workplaces in the AFR Best Places to Work List, as well as winning Best Employee Experience.

About Blackbird

Blackbird is Australia's biggest venture capital fund whose mission is to supercharge Australia and New Zealand’s most ambitious founders. We do this by raising venture capital funds, investing into the best startup companies and helping them succeed. We have a portfolio valued at over $10B, including some of the most successful Australian and Kiwi startups such as Canva, Safety Culture and Culture Amp.

We are inspired by investment firms such as Berkshire Hathaway and Bridgewater Associates. Like the companies we back, we want to build a business that lasts for decades and produces excellent returns for our investors. Most of all, we want to support our region’s most talented founders build category-defining technology companies.

We’ve written a lot about what we love at Blackbird, so check out our blog if you want some more information about us. In particular, you should read about our mission and values, our master plan, and what we look for in founders.

Removing bias from the hiring process

  • Your application will be anonymously reviewed by our hiring team to ensure fairness
  • You won't need a CV to apply to this job

Applications closed Tue 22nd Mar 2022


Removing bias from the hiring process

  • Your application will be anonymously reviewed by our hiring team to ensure fairness
  • You won't need a CV to apply to this job

Start your de-biased application