Partner 20, Sr. Associate, Portfolio Valuations & Analytics

Founded in Silicon Valley in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (known as "a16z") is a venture capital firm that backs bold entrepreneurs building the future through technology. We are stage agnostic: We invest in seed to venture to late-stage technology companies, across bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism. a16z has $35B in assets under management across multiple funds.

We’ve established a team that is defined by respect for the entrepreneur and the company-building process; we know what it’s like to be in the founder’s shoes. We’ve invested in companies like Affirm, Airbnb, Coinbase, Databricks, Devoted Health, EQRx, Figma, GitHub, Instacart, OpenSea, Roblox, Stripe, and Substack. Our team is at the forefront of new technology, helping founders and their companies impact and change the world.

The Role

We are looking for a Sr. Associate to join our valuation team. This person will report directly to the Valuation Manager and will work closely with the internal Finance and Capital Network teams, as well as the external valuation service providers. We currently use enterprise software (Allvue, Qval, Salesforce) for efficiency and scale but are adding in new best of breed technologies (Standard Metrics, Aumni) for continued improvement and growth.

• Extensive experience with all things valuation, including ASC Topic 820, industry and investment specific valuation methodologies (i.e., market approach, income approach, OPM Backsolve, liquidation waterfall analysis, common share equivalents analysis, etc.)
• Collaborate with internal teams for preparation of portfolio company valuations including gathering private company financials, financing documents, capitalization tables, and projections as needed
• Interface with the external valuation service providers to ensure timely valuation model turnaround and capitalization table updates for real-time ownership and valuation reporting
• Prepare valuation models on an ad hoc basis to support legal reporting requirements and to ensure compliance with the firm’s valuation policy
• Assist with creating automated valuation reporting processes to support internal and external stakeholders
• Provide investor relations support for portfolio company valuation related queries.
• Support internal teams with special projects as needed
• Stay abreast of industry changes as they relate to valuation and the a16z portfolios
• Deep understanding of capital table and capital structure of a company

To join our team, you should be excited to:

• Work in a highly organized and detail-oriented way
• Leverage your project management skills - you will need to manage your time and multiple priorities effectively
• Work in a very dynamic, fast-paced environment - requirements can change with little notice and you will need to adapt and be flexible
• Collaborate cross-functionally across the firm and actively participate in conversations
• Approach issues with a solution-focused lens
• Take the time to understand our processes and culture; embrace the best parts and recommend changes for improvement
• Ability to clearly document and communicate findings

Minimum Qualifications

• Bachelor’s degree, or equivalent education experience, with focus in finance, economics, or accounting
• 5-7 years of experience in public accounting (audit-advisory / transaction / valuation services), or related work experience at a PE/VC firm with an exposure to portfolio valuation.
• Advanced Microsoft Excel skills
• Strong time management
• Ability to deal with sensitive information and maintain confidentiality
• Understanding of partnership accounting and/or asset management operations a plus
• Experience with Qval valuation software a plus
• Strong valuations techniques skills

The anticipated salary range for this role is between $187,000-$218,000, actual starting pay may vary based on a range of factors which can include experience, skills, and scope.

This role is eligible to participate in the a16z carry program and various discretionary bonus programs as well as benefit and perquisite plans including health, dental, vision, disability, life insurance, 401K plan, vacation, and sick leave. #LI-Remote