Director of Fund Accounting, Robinhood
Robinhood Ventures
$184-245k
+ Bonus programs & Equity ownership. Salary dependent on location
4+ days a week in office
Commission-free stock trading & investing app
Be an early applicant
Commission-free stock trading & investing app
1001+ employees
Be an early applicant
$184-245k
+ Bonus programs & Equity ownership. Salary dependent on location
4+ days a week in office
1001+ employees
Company mission
To democratize finance for all.
Role
Who you are
- 12+ years of total experience (including people management) in fund accounting or investment management, specifically focused on 40 Act Registered Investment Companies
- Extensive knowledge of US GAAP, SEC reporting and 40 Act Fund specific requirements
- Demonstrated strong leadership skills, high energy and initiative - with a proven ability to manage significant initiatives across the organization, as well as develop and motivate staff
- Expert in technical accounting issues, specifically related to 40 Act Funds
- Highly developed written and verbal communication skills, excellent soft-skills, and ability to motivate and influence all levels of management
- Bachelor’s degree in Accounting or Finance, CPA or equivalent required
What the job involves
- We’re looking for a Director of Accounting to oversee the accounting for all Robinhood Ventures closed end funds
- Reporting to the VP, Corporate Controller, the role will be a key leadership position in the Finance organization, interacting and coordinating with colleagues in Corporate Accounting, Finance & Strategy, Tax, Compliance, Legal and various other departments across the Company to ensure proper accounting treatment and accurate financial results
- Oversee the preparation and filing of all periodic SEC financial reports including ensuring compliance with US GAAP, SEC regulations and the Investment Company Act of 1940
- Coordinate with the Principal Financial Officer to obtain certifications for Form N-CSR and Form N-PORT pursuant to the Sarbanes-Oxley Act
- For new funds, partner with cross functional teams to ensure a successful IPO of the fund
- Lead the coordination of annual audits with external auditors
- Provide strategic oversight of third party administrators, ensuring accuracy of NAV calculations, investments, distributions and expenses
- Participate on the RHV valuation committee to ensure the accuracy of all investment valuations performed by the third party advisors
- Review the fund’s expense budget, including approval of management fees, 12b-1 fees and waiver calculations
- Maintain a rigorous internal control environment to ensure accuracy of financial reporting and compliance with SOX
- Participate in Board of Director meetings, including the presentation of required communications
- Continuously monitor, document and communicate new accounting standards to leadership and determine their impact on the fund
- Provide leadership, support and professional development opportunities to the growing Robinhood Ventures accounting team
- Develop a culture of mentorship, continuous improvement, training and success in the accounting organization
- Our ambitious roadmap requires a great culture shaped by exceptional leaders. Here’s what we expect from them:
- Drive high performance by setting clear, focused goals, giving real-time feedback, stretching top talent, and scaling impact through focus, innovation, and tech
- Hire and retain top talent by setting a high bar, hiring only those who raise it, investing in onboarding, and addressing talent issues quickly and fairly
- Create community by connecting work to purpose, removing friction while prioritizing safety, building trust and inclusion, and leading from the front with integrity
Our take
For years, traditional brokers ruled the share trading realm, charging hefty fees that locked out everyday investors. Robinhood emerged as a disruptor, offering commission-free trading and opening the door to a new generation. Since then, expectations have continued to evolve, with investors looking not just to lower costs, but for simpler tools, clearer information, and guidance that makes the market easier to understand.
Robinhood was built to meet those changing expectations, designed from the start as a mobile-first platform that makes investor more accessible and less intimidating for people at every stage of their financial journey. Through its app, users can trade stocks and other financial instruments while benefiting from a clean interface and built-in educational support, helping them move from curiosity to confidence without unnecessary complexity.
Recently, Robinhood has strenghtned its impact too, particularly in the UK. With the launch of AI-powered Digests within its Robinhood Cortex assistant that helps users understand what's driving stock movements in plain English, while upcoming options trading and expanded educational resources add flexibility and depth. Together, these steps position Robinhood as a platform evolving alongside its users, blending technology and education to stay ahead in an ever-changing investment landscape.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 13 rounds)
Feb 2021
$2.4bn
CONVERTIBLE
Jan 2021
$1bn
LATE VC
Total funding: $5.6bn
Company HQ
Downtown Menlo Park, Menlo Park, CA
Leadership
Vlad Tenev
(Co-Founder, CEO & Chairman)Studied Mathematics at Stanford University, where they met Baiju. Dropped out of a PhD to start Robinhood. Alongside Robinhood, Vlad is also the co-founder and Executive Chairman of Harmonic.
Baiju B.
(Co-Founder)Studied Mathematics and Physics at Stanford University, where they met their Vlad and co-founded Robinhood in 2012. Baiju is also the Founder and CEO of Aetherflux.
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