Venture Capital Fund Controller
SpringTide
About Us
SpringTide Ventures is a leading venture capital firm focused on partnering with tomorrow’s greatest healthcare companies.
Position Overview
We are seeking a highly skilled Fund Controller to oversee the financial operations of our venture capital funds. The ideal candidate will have a strong background in fund accounting, tax, and audit from a top accounting firm, coupled with fund administration experience in a reputable venture capital firm. This individual will play a key role in managing financial reporting, investor relations, compliance, and strategic fund operations.
Key Responsibilities
Fund Accounting & Financial Reporting
- Oversee and manage the full cycle of fund accounting, including NAV calculations, capital calls, and distributions.
- Ensure timely and accurate financial reporting for LPs, auditors, and regulatory agencies.
- Lead the preparation of quarterly and annual fund financial statements in accordance with GAAP.
- Manage audits and tax reporting processes, working closely with external auditors and tax advisors.
Investor Relations & LP Communications
- Serve as a key point of contact for limited partners, addressing inquiries and providing financial insights.
- Prepare and present fund performance reports, capital account statements, and other investor materials.
- Support fundraising efforts by assisting in due diligence, investor reporting, and LP onboarding.
Fund Operations & Compliance
- Ensure compliance with all regulatory and tax obligations, including coordination with legal and compliance teams.
- Manage fund cash flow, treasury, and capital allocation strategies.
- Oversee fund expense management and ensure proper cost allocations.
Process Improvement & Strategic Initiatives
- Identify and implement process improvements to enhance operational efficiency and reporting accuracy.
- Collaborate with internal teams to optimize fund structures and financial strategies.
- Support the CFO in financial planning, forecasting, and risk management initiatives.
Qualifications & Experience
- 2+ years of fund accounting, tax, and audit experience at a top accounting firm.
- 2+ years of fund administration experience in a reputable venture capital firm.
- Strong understanding of VC fund structures, partnership accounting, and financial reporting.
- Experience managing investor relations and communicating with sophisticated LPs.
- Expertise in GAAP, tax regulations, and SEC/IRS compliance for investment funds.
- Highly proficient in fund accounting software, Excel, and financial modeling.
- Excellent communication, organizational, and problem-solving skills.
Why Join Us?
- Work with a top-tier venture capital firm and engage with leading investors and entrepreneurs.
- Opportunity to take ownership of fund financial operations and investor relations.
- Competitive compensation, performance incentives, and career growth opportunities.
If you’re an experienced finance professional with a passion for venture capital and investor relations, we’d love to hear from you!