Partner 20, Compensation, Carried Interest

Posted 2 Days Ago
Be an Early Applicant
Menlo Park, CA
221K-258K Annually
Mid level
Angel or VC Firm • Other
The Role
The role focuses on managing carried interest awards, tracking budgets, and collaborating with finance, tax, and HR teams. Responsibilities include building models for carry allocations, leading audits, and determining offers for carry eligible roles, all while providing detailed information for operational efficiency.
Summary Generated by Built In

Partner 20, Compensation, Carried Interest

Founded in Silicon Valley in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (aka 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 growth-stage technology companies, across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, and companies building toward American dynamism. a16z has $43B 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, Insitro, 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

As part of the Internal HR team, you’ll be a key member of the team responsible for managing the carried interest award allocation and ongoing budget tracking in partnership with General Partners, COOs in our investing verticals as well as with our Finance and Tax teams. This will include determining initial carry budgets, building models to support initial and ongoing carry allocations, tracking anticipated hiring into carry eligible roles, tracking allocation of carry against budget, leading recurring audits in partnership with Finance, providing ongoing carry allocation details to support the Tax team with the necessary information for timely processing of carry paperwork and working closely with our recruiting and HRBP teams on determining offers for carry eligible roles.

In addition, this role may participate in managing details of employee direct carry programs that cross multiple investing verticals and multiple funds. You will collaborate closely with our Finance team to support data and information necessary to communicate to participants, senior management, and other relevant groups. In addition, the role involves exposure across the business groups and partnership with various teams in HR, Tax, Legal and Finance. 

To join our team, you should be excited to:

  • Participate and support the implementation of process improvements, internal controls, audits of carry budgets in partnership with our Finance function, and potential system integrations and/or implementations
  • Collaborate within the People Practices team with Recruiting and HRBPs as well as cross functionally with key stakeholders in Finance, Tax and Investing Leadership
  • Successful candidates will be highly detail oriented, process driven with a willingness to build and maintain complex models that drive our direct carry allocations and track carry budgets at the investing vertical and fund level

Minimum Qualifications

  • 4-6 years of work experience working in accounting, finance, or related field, a bachelor's degree and experience with carried interest in the private equity or venture capital industry a plus
  • Strong analytical skills and incredible attention to detail
  • Capacity to multitask, balance multiple priorities, and meet tight deadlines in a dynamic ever changing environment
  • Excellent communication and interpersonal skills with the ability to present complex concepts clearly to individuals at all levels
  • Advanced skills in data analysis, model building in spreadsheets and building presentations that simply and clearly communicate complex information
  • Understanding of the structure and life cycle of fundraising, carried interest, and related employee programs with Venture Capital experience a plus
  • Strong partnership skills - success in this role will require building trusted connections across the HR team, with key stakeholders in our investing verticals, and with Finance and Tax teams
  • Low ego, high empathy, and the capacity to collaborate effectively with diverse teams

The anticipated salary range for this role is between $221,000 - $258,000, 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.

a16z culture 
  • We do only first class business and only in a first class way
  • We take a long view of relationships, because we are in the relationship business 
  • We believe in the future and bet the firm that way
  • We are all different, we recognize that, and we win
  • We celebrate the good times
  • We do it for the team
  • We play to win

At a16z we are always looking to hire the absolute best talent and recognize that diversity in our experiences and backgrounds is what makes us stronger. We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. These differences are what enables us to work towards the future we envision for ourselves, our portfolio companies, and the World.

Our organization participates in E-Verify. Click here to learn about E-Verify.

Andreessen Horowitz hereby reserves the right to make use of any unsolicited resumes received from outside recruiting agencies and / or individual recruiters without being responsible for payment of any fees asserted from the use of unsolicited resumes.

The Company
Menlo Park, CA
548 Employees
On-site Workplace
Year Founded: 2009

What We Do

Founded in 2009 by Marc Andreessen and Ben Horowitz, Andreessen Horowitz (known as "a16z") is a venture capital firm in Silicon Valley, California, that backs bold entrepreneurs building the future through technology. We are stage agnostic: We invest in seed to late-stage technology companies, across the consumer, enterprise, bio+healthcare, crypto, and fintech spaces. a16z has $28.2B in assets under management across multiple funds, including the $2.9B Bio funds, the $3.1B Crypto funds, and the Cultural Leadership Fund.

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