Fund Operations Senior Associate - Distributions

Belltower, Angel List’s funds services division, is empowering world-changing fund investments.

Belltower was formed in 2019 as Angel List’s native fund administrator. Belltower provides fund administration services to the venture space. Our coverage spans syndicates, venture funds, and first-of-their-kind rolling funds. Our full-service fund management offering streamlines the complexity of running a fund by integrating financial reporting, tax, compliance, portfolio management, and other services that managers typically have to cobble together from multiple vendors.

Our services, combined with Angel List’s software, enable us to launch and scale a fund efficiently, allowing fund managers to focus on what they do best: investing.

Since 2019, Belltower has supported 27k+ funds representing over $25B in assets under administration, leveraging Angel List’s fund admin software to power the service layer for funds launched on the Angel List platform.

As a Fund Operations Senior Associate on the Distributions Team, you will play a critical role in executing distributions across Belltower’s portfolio of investment funds. The Distributions Team sits within the Fund Accounting Team and is responsible for ensuring distribution events are executed accurately, efficiently, and with appropriate operational controls from initiation through completion.

This is a highly operational and detail‑intensive role at the intersection of fund operations, investor activity, treasury, and fund accounting. While accounting experience is not required, successful candidates will have experience working with investment funds and an understanding of the operational lifecycle of private equity, venture capital, or similar closed‑end investment vehicles.

The Fund Operations Senior Associate will report to the Distributions Team Manager and collaborate with Fund Accounting, Services, Legal/Compliance, and Tax teams. This role is well‑suited for candidates who are highly organized, eager to learn, process‑mindful, and comfortable owning time‑sensitive workflows where accuracy matters.

You will help manage distribution workflows across multiple funds and entities, coordinate with internal teams and external partners, review supporting documentation and fund data, prepare and track payments, resolve exceptions, and ensure distribution activity is accurately reflected across Belltower’s systems of record.

• Review distribution requests and supporting documentation for accuracy, completeness, and operational readiness before payments are initiated.
• Coordinate cash distribution and wire workflows, including preparing payment instructions, tracking required approvals, monitoring payment status, and resolving failed or returned payments.
• Review investor and fund data, including ownership information, payment instructions, distribution allocations, and other relevant records, to ensure information is complete and consistent across systems.
• Investigate and resolve discrepancies, exceptions, and operational breaks, escalating material issues when appropriate and following them through to resolution.
• Maintain clear documentation and audit trails supporting distribution calculations, approvals, payments, and other key decisions.
• Identify recurring operational issues and drive process improvements that increase distribution speed, reduce manual work and errors, and strengthen controls.
• Contribute to the development and maintenance of standard operating procedures, controls, and documentation as the Distributions Team scales.
• Evaluate existing workflows with an automation‑first mindset and identify opportunities to use technology and AI to improve efficiency, scalability, and accuracy.

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