Marcus Lessler Email & Phone Number

California, United States

San Francisco Bay Area

San Francisco Bay Area

Menlo Park

• Perform monthly financial closes; prepare quarterly and annual financial statements for venture capital funds
• Manage capital calls, cash flows, daily bank activities, accounts payable, government tax and compliance filings, client communications
• Serve as liaison between clients and Kranz’s management team; report directly to controller and CFOs
• Analyze Limited Partnership Agreement of each fund to gain understanding of terms, capital accounts and allocations, management fees and expenses, distributions, and other relevant provisions
• Review partnership tax returns and Schedule K-1s and provide support throughout engagement; deliver Schedule K-1s to respective investors

Sacamento, CA

• Leadership role acquiring new clients totaling $22+ billion AUM
• Building/supervising team of 10+ fund accountants who provide custody and accounting services
• Supported the internal transition of the first 40 Act Mutual Funds to be serviced in local office
• Oversee and validate data as needed, e.g. fund Net Asset Values, trade, divergence, distributions, corporate actions, income.

• Managed daily accounting activities required to generate net asset values for several fund types including “40 Acts”, hedge funds, collective investment trusts, UCITS, separate accounts, and others
• Performed daily reconciliation of trade, income, expense, to provide accurate cash forecasting
• Confirmed all income and expense accruals related to fund holdings and capital stock activity
• Researched and processed all corporate actions related to fund holdings
• Compiled audit reports for annual audit, produce annual financial statements.
• Conducted group trainings, responsible for training new staff, and ensuring all bank policies and procedures were followed.

Education record

Education record