Sr. Associate, Alternatives Finance and Operations
Sands Capital is an independent, staff-owned investment firm focused on long-term growth investing. It provides growth capital solutions through public equity, growth equity, and alternatives to institutions and fund sponsors globally.
About Sands Capital
Sands Capital is an active, long-term investor in innovative growth businesses worldwide. Founded in 1992 and headquartered in the Washington, D.C. area, the firm applies fundamental research, concentrated portfolios, and a long-term investment horizon across public equity, growth equity, venture, and alternative strategies. It serves institutional and professional investors, including institutions and fund sponsors in more than 30 countries, and managed $50 billion in client assets as of June 30, 2026.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will join a tight-knit and dynamic Alternatives Finance and Operations Team supporting rapidly expanding alternatives investment strategies. You'll be responsible for accounting, financial analysis, reporting, and day-to-day support of the funds and management company. You'll thrive in a fast-paced environment where a strong understanding of US GAAP accounting is essential, and where comfort with technology and AI-enabled solutions helps you drive efficiency and quality. You'll work a hybrid schedule from Sands Capital's Arlington, Virginia headquarters, in office three days per week including Tuesdays and Wednesdays.
Requirements
- Undergraduate degree in Accounting, Finance, or related field from an accredited university
- At least 3-5 years of accounting or finance experience (CPA preferred)
- Strong consideration to private markets investment industry experience
- Ability to accurately analyze and apply US GAAP, income tax basis and cash basis financial reports
- Excellent written and oral communication skills including the ability to effectively communicate and explain complex matters to varied backgrounds of expertise
- Advanced Microsoft Excel skills, including the ability to work with complex data sets
- High level of comfort with changing technology and data-driven tools; interest in large language models or AI-enabled tools preferred
- Financial analysis or analytical experience including the ability to accurately analyze financial documents, create financial analysis responses, and understand the flow of funds in legal structures
- Experience in designing and implementing process improvements and internal control best practices
- Highly self-motivated with the ability to successfully collaborate with team members
- Ability to work successfully in a dynamic, constantly changing environment with the skills necessary to appropriately prioritize workload while handling multiple ongoing projects and deadlines
Responsibilities
- Develop a strong understanding of the private investing platform and the mechanics behind each fund offering including fee structures, calculations, and imputed results
- Maintain books and records of all fund structures and related legal entities including the management company, foreign entities and general partner entities through the fund administration accounting team
- Design and prepare detailed financial analysis and forecasts including bespoke data requests
- Review capital calls, distributions, and financial reporting to limited partners
- Respond to limited partner and prospective limited partner queries
- Create financial statements and review workpapers for the annual US GAAP audit work
- Work closely with tax preparers on annual tax returns and filings
- Understand and ensure adherence to specific limited partner arrangements including Most Favored Nations clauses and side letter agreements
- Perform other position responsibilities as needed
Benefits
- Medical insurance with discount vision program
- Dental insurance
- Life and personal accident insurance
- Short- and long-term disability insurance
- Flexible spending accounts (medical and dependent)
- Paid stock market (NYSE) holidays
- Vacation, sick, and parental leave
- Medical concierge service
- Health and wellness coaches
- Onsite massage therapy
