Job details

Fund Controller @ VC Lab in Palo Alto, CA

Decile Group (https://decilegroup.com) is transforming venture capital into a force for good in the world. We are working to launch 1,000 next-generation venture capital firms by 2025, changing the face of venture capital. We run VC Lab, the leading venture capital accelerator worldwide and operate the Decile Hub platform, reducing the barriers of entry for next-generation investors to launch and grow meaningful early-stage investment firms.We are hiring a Fund Controller to partner with multiple venture capital firms by regularly meeting with general partners, assessing their needs, streamlining their financial accounting process and following up to ensure delivery. The ideal candidate will have strong fund accounting experience with venture capital and the desire to work cross-functionally with our product, engineering, and operation teams.Decile Group provides a fast-paced startup environment, where everyone has the opportunity to help with everything. You will have an opportunity to experience every facet of venture capital and build the future of venture investing. This is a unique opportunity to ramp up your experience in the field of venture capital.Remote candidates will be considered. Applicants for this role need to be based in the U.S.The Fund Controller responsibilities will include:• Lead and mentor a team of Accountants to perform at the highest standard• Advise fund managers on accounting best practices• Perform accounting, analytical, & financial reporting operations• Help general partners make more precise decisions by utilizing our tools that provide strategic support through accurate portfolio data and report metrics• Perform bank reconciliations• Maintain general ledger• Prepare investor allocations and ensure fees/allocations are correct• Prepare financial information for investor reports• Partner with third-party providers and produce relevant financial and investor information that supports tax preparations• Assist in the improvement of our product and software through cross-collaboration with our product and operation teams• Help turn fund administration into a software business through consultative client engagements and efficient, industry-leading processesWhat You Have:• Have experience working in a fast-paced organization• Experience in working with product teams to build accounting systems• Strong critical thinking and problem solving skills• Prior experience in a customer facing role• Have 7+ years of Fund Accounting experience• Have 3+ years of Venture Capital experience• Thrives in a remote work environment• In-depth understanding of Venture Capital Fund Administration• Thorough understanding of Limited Partnership Agreements• Excited about improving on the status quo• Passionate about their work, take ownership, and deliver results• US work authorization required, we do not support visa transfersWhat We Offer:• Tangible impact on the future of humanity• Opportunity for career growth and role expansion• Competitive compensation package commensurate with experience• Vibrant and flexible work environment, among like-minded people with an entrepreneurial mindset• Working schedule for adults: flexible times, remote work, unlimited PTOHow to Apply:If you don’t tick every box above, we’d still encourage you to apply. We’re building a diverse team whose skills balance and complement one another.Please describe why you are uniquely qualified for this position as a Head of Fund Accounting in the competitive field of Venture Capital to apply, as well as by submitting your resume.

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What You Should Know About Fund Controller @ VC Lab in Palo Alto, CA, VC Lab

At VC Lab in Palo Alto, CA, we’re on a mission to revolutionize venture capital, and we need a talented Fund Controller to join our dynamic team! If you’re passionate about finance and eager to make a meaningful impact, this is the role for you. As a Fund Controller, you'll partner closely with multiple venture capital firms, engaging with general partners to understand their needs, and streamline their financial accounting processes. Your expertise in fund accounting, especially within the venture capital landscape, will make a substantial difference. With your 7+ years of experience, you’ll lead and mentor a skilled team of accountants, ensuring the highest standards of financial integrity are upheld. At VC Lab, we value innovation, and we’d love for you to play a critical role in our efforts to transform the financial underpinnings of venture capital. From advising fund managers on best practices to preparing detailed financial reports and investor allocations, your contributions will actively support our partners and improve their decision-making capabilities. You’ll also collaborate with product and engineering teams to enhance our tools and functionality. If you thrive in a fast-paced environment and love the challenge of cross-collaboration, we want to hear from you! Enjoy the flexibility of remote work, and embrace the opportunity for tremendous career growth within an entrepreneurial culture. Join us and make a tangible impact at VC Lab!

Frequently Asked Questions (FAQs) for Fund Controller @ VC Lab in Palo Alto, CA Role at VC Lab

What are the key responsibilities of a Fund Controller at VC Lab?

As a Fund Controller at VC Lab, you will lead a team of accountants, providing mentorship and ensuring high standards in financial reporting. You'll assess the needs of various venture capital firms, advise fund managers on best practices, conduct bank reconciliations, maintain the general ledger, and prepare investor allocations. Your role is vital in streamlining financial processes, providing strategic support through accurate portfolio data, and enhancing our software products via cross-collaboration.