Assistant Controller

This role is hybrid, with 2 days onsite in Los Altos. Please apply today!

Responsibilities:

• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP, with a focus on venture capital-specific reporting requirements.
• Assist in the preparation of detailed management reports, investor reports, and financial presentations tailored to the needs of venture capital stakeholders.
• Conduct thorough variance analysis and provide insights on financial performance, emphasizing portfolio company metrics and fund performance.
• Maintain accurate accounting records for multiple venture capital funds, ensuring timely and accurate capital calls, distributions, and fund expense management.
• Oversee the accounting treatment for portfolio company investments, including valuations, fair value adjustments, and monitoring of investment performance.
• Coordinate with portfolio companies to gather and analyze financial data, ensuring compliance with reporting requirements.
• Support the annual audits and tax filings for the firm and its venture capital funds, liaising with external auditors and tax advisors.
• Ensure compliance with venture capital industry regulations and internal policies, implementing best practices for financial controls.
• Assist in the development and maintenance of internal control procedures specific to venture capital operations.
• Collaborate with the finance team to streamline processes and improve operational efficiencies, leveraging venture capital industry knowledge.
• Support the Controller in ad-hoc projects and initiatives, including new fund launches, portfolio company transactions, and financial modeling.
• Manage relationships with external service providers, including fund administrators, auditors, and tax advisors, ensuring seamless coordination.
• Bachelor’s degree in Accounting, Finance, or a related field; CPA designation preferred.
• 5-7 years of relevant experience in accounting or finance, with a strong preference for experience in venture capital or private equity.
• In-depth knowledge of GAAP and financial reporting standards, with specific experience in venture capital fund accounting and reporting.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel; experience with venture capital-specific software (e.g., Carta, eFront) is a plus.
• Excellent analytical, organizational, and problem-solving skills, with a keen attention to detail.
• Strong communication and interpersonal skills, capable of working collaboratively in a dynamic team environment.
• Ability to manage multiple tasks and meet tight deadlines in a fast-paced venture capital setting.
• Xero and Workday Financial experience is a plus.