Chief Financial Officer
hace 2 días
Atlanta
About Open Opportunity Fund: Open Opportunity Fund is a venture and growth investment firm backing B2B software companies across Enterprise IT, fintech, and people infrastructure. We invest in business-critical software shaped by cloud and AI, with a strong track record sourcing differentiated opportunities beyond the traditional venture hubs. Fund I was a $100M fund, and we are now raising Fund II as we scale the platform and institutionalize our operations. Role Overview: The Chief Financial Officer (CFO) will be a core member of Open Opportunity Fund’s leadership team and will own fund finance and management company finance end-to-end—reporting, controls, audit/tax management, LP financial reporting, cash planning, and financial systems. This is a hands-on role: you will architect the operating cadence, manage external providers, and ensure we deliver institutional-grade accuracy and responsiveness. Key Responsibilities: Firm & Fund Financial Leadership • Own fund and management company finance end-to-end, partnering with our fund administrator firm to deliver a reliable close, budgeting/forecasting, and cash planning cadence., • Oversee fund financial statements, capital calls, distributions, capital accounts, management fees, and waterfall/carry calculations—ensuring accuracy through review, reconciliation, and quality control., • Deliver institutional-quality quarterly and annual LP financial reporting; ensure consistency across LP statements, schedules, and supporting workpapers., • Partner with leadership on firm strategy, resource allocation, and long-term financial planning (runway, hiring plan, operating leverage). Fundraising, LP Financial Diligence & Reporting • Own the financial workstream for fundraising and LP diligence: track record schedules, fund model support, DDQs, and data room readiness., • Serve as the primary point of contact for LP financial questions (reporting, fees, valuations, audit/tax timing), coordinating with the partners on investor communications., • Maintain reporting standards expected by institutional LPs (clarity, timeliness, audit-ready support, and well-documented assumptions). Accounting, Tax & Governance • Manage and performance-manage external providers (fund admin, audit, tax, legal) with clear scopes, timelines, and SLAs; proactively resolve discrepancies and process breaks., • Own audit and tax execution across entities and vehicles, including calendar management, issue resolution, and K-1 communications and timelines., • Implement and maintain internal controls and policies (expense policy, approvals matrix, wire controls, documentation standards, and segregation of duties) appropriate for an institutional platform., • Partner with counsel and compliance resources to maintain compliance posture SPVs, Sidecars & Special Vehicles • Own financial operations for SPVs/sidecars/co-invest vehicles in coordination with fund administrator: launch playbooks, investor onboarding/subscription tracking, closings, capital calls/distributions, deal-level reporting, and wind-downs., • Ensure consistent fee/expense allocation, reporting standards, and investor communications across special vehicles. SSBCI / SBIC Program Finance & Reporting • Lead financial planning, reporting, and compliance support for structured capital programs, including SSBCI and SBIC-related requirements (as applicable)., • Build and maintain program-specific reporting, data integrity, and audit readiness; coordinate across administrators, counsel, and program stakeholders, • Ensure investment, eligibility, and documentation workflows align with program rules and reporting obligations, without slowing core investing operations. Operational Excellence & Infrastructure • Optimize finance systems and workflows with the fund administration firm, improving automation, data quality, and reporting efficiency., • Partner internally on compensation, expense management, and vendor oversight; ensure clean allocations and defensible policies. Strategic Partnership & Leadership • Act as a trusted advisor to the Managing Partners on financial strategy, risk, and performance optimization., • Collaborate with the investment team on deal structuring, reserves planning, and valuation documentation., • Represent the firm with LPs, co-investors, and external partners as the senior finance leader—credible, responsive, and detail-accurate. This role is ideal for a CFO who thrives in an entrepreneurial environment, enjoys building scalable financial infrastructure, and is passionate about supporting founders and investors in high-growth markets. This role is based in Atlanta or Miami and is available for an immediate start. Qualifications & Experience • 10+ years of progressive experience in finance, fund accounting, or investment operations, with significant experience in venture capital, private equity, or alternative asset management., • Senior leadership experience (CFO, VP Finance, Head of Fund Finance/Operations, or equivalent) within an investment firm, fund administrator, or institutional investment platform., • Deep understanding of fund structures and mechanics, including capital calls, distributions, capital accounts, management fees/expenses, and carried interest/waterfall calculations., • Strong track record owning institutional LP reporting, including quarterly reporting packages, ad hoc LP inquiries, and diligence support (DDQs, data rooms, track record schedules)., • Experience managing external providers (fund administrator, audit, tax, legal) with clear scopes, timelines, and quality control; ability to diagnose and resolve reporting “breaks” quickly., • Direct experience with structured capital programs such as SSBCI and/or SBIC, including program reporting, compliance coordination, eligibility/documentation requirements, and audit readiness., • Experience supporting SPVs, sidecars, and co-invest vehicles, including investor onboarding/subscription tracking, closings, capital calls/distributions, deal-level reporting, and wind-downs., • Strong familiarity with audit and tax processes for investment funds and management companies, including partnership tax workflows and K-1 planning and communications., • Systems fluency with fund administration and reporting workflows; experience working with platforms like Aduro (or comparable fund administrators) and improving the operating cadence, data integrity, and reporting efficiency., • Bachelor’s degree in Finance, Accounting, Economics, or related field required; CPA and/or CFA strongly preferred (or equivalent experience). To be successful in this role: • Operate with ownership, speed, and high standards., • Build simple, scalable processes—and enforce them with discipline., • Communicate clearly with partners, LPs, and vendors; no surprises., • Anticipate issues early and solve them pragmatically., • Earn trust through accuracy, transparency, and follow-through. How to Apply: Interested candidates are invited to submit their resume and cover letter to . Please include "CFO Application - [Your Name]" in the subject line. Open Opportunity Fund is an equal opportunity employer and encourages candidates from all backgrounds to apply. Learn more about our mission and impact at the .