VC Fund Controller — AI-Driven Finance & Operations

WhiteCap Search; New York (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Whitecap Search seeks a detail‑oriented accounting professional with venture capital or private equity fund experience to join the Finance and Operations teams. You will handle middle and back‑office tasks, including treasury, capital calls, distributions, and investment closing support.

Responsibilities span NAV reviews, LP reporting, valuation support, and automation, with exposure to ASC 820, management fees, carried interest, and co‑investments.

Qualifications

• Strong background in accounting.
• Experience in venture capital, private equity, or other closed-end fund structures.
• Proficiency in managing fund cash, expenses, and treasury.
• Ability to coordinate with third-party valuation providers and manage compliance with limited partnership agreements.
• Experience supporting product development and fund launches.

Responsibilities

• Review quarterly and annual fund NAVs and capital accounts across VC and closed-end funds.
• Manage capital activity lifecycle: capital calls, distributions, and LP commitments.
• Handle fund cash, expenses, and treasury, including portfolio investments funding.
• Prepare the quarterly Schedule of Investments and coordinate with valuation providers on fair value marks under ASC 820.
• Calculate and review management fees, carried interest, and distribution waterfalls per LPAs.
• Assist with fund launches, SPVs and co-investment vehicles.
• Coordinate audit and tax processes with administrators and auditors; review K‑1s.
• Support AI adoption to improve productivity and decision-making.

Skills

Accounting

Fund accounting

Treasury management

VC/PE fund experience

Tools

AI tools

Job description

Whitecap Search seeks a detail‑oriented accounting professional with venture capital or private equity fund experience to join the Finance and Operations teams. You will handle middle and back‑office tasks, including treasury, capital calls, distributions, and investment closing support.

Responsibilities span NAV reviews, LP reporting, valuation support, and automation, with exposure to ASC 820, management fees, carried interest, and co‑investments.