Financial Accountant for Venture Capital Firm

hace 2 semanas


Burgos, Burgos, España Toyota Research Institute A tiempo completo

About Toyota Ventures

Toyota Ventures is a San Francisco Bay Area-based venture capital firm with approximately $800M in assets under management (AUM). We invest in early-stage startups around the world in frontier and climate technologies. Our mission is to discover what's next for Toyota by helping startups bring groundbreaking technologies and business models to market quickly.

We've invested in over 75 companies to date, including notable exits such as Bipi (acquired) and Blackmore (acquired). Our portfolio includes innovative startups like AM Batteries, Common Sense Machines, Ecolectro, Elementary, Joby Aviation (NYSE: Joby), May Mobility, and Revel.

We're currently looking for an experienced Financial Accountant to join our team. The successful candidate will be responsible for reviewing the general ledgers of Toyota Ventures' entities, preparing quarterly reporting, and assisting with financial package preparation. This role will also act as a liaison between Toyota Ventures and internal/external groups, including finance, legal, tax advisors, and auditors.

This is a critical position in a fast-paced environment. The ideal candidate will have at least 10 years of accounting experience, with a minimum of six years of relevant hands-on VC partnership accounting experience. A bachelor's degree in business administration or a related field is required. Experience with partnership taxes, public accounting, and strong analytical skills are also essential.

The Financial Accountant will be responsible for:

  • Reviewing entities' general ledgers, including journal entries for management fees, investment valuations changes, other expense accruals in accordance with GAAP, month, quarter, and fiscal end year closes, account reconciliations, and flux analysis.
  • Assisting with financial reporting packages, including fund financials, quarterly financial presentations, and LP reporting.
  • Maintaining familiarity with partnership accounting, capital account reconciliation, capital account statement preparation roll forward, and tax workpapers roll forward.
  • Analyzing capital account statements from Fund-of-Fund investments and its implications.
  • Documenting, implementing, and maintaining appropriate accounting policies, processes, and internal controls.
  • Improving existing processes, controls, and documentation, suggesting and implementing improvements to scale and automate manual procedures.
  • Working with the parent company's Accounts Payable department to help manage fund expenses and management expenses.
  • Preparing LP capital calls and distributions.
  • Supporting cash management and treasury functions, including preparation of wire transfers to portfolio companies.
  • Maintaining and tracking actuals against budget.
  • Assisting with quarterly and annual fund reporting and consolidation.
  • Assisting with annual tax return preparation and other ad-hoc federal, state, and compliance-related filing requirements.
  • Collaborating with key cross-functional partners, including the deals team, legal, finance, and others on various projects.
  • Supporting the accounting team on critical accounting projects, including system improvements and other ad-hoc items.
  • Assisting in technical accounting matters to support the organization, specifically accounting and reporting the appropriate application of U.S. GAAP.
  • Assisting in financial reporting during the month-end, quarterly, and fiscal close process.
  • Performing ad-hoc projects as needed.

The salary range for this position is expected to be between $155,000 and $185,000 per year, depending on location, job-related knowledge, skills, and experience.



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