Level

Carta

Fund Controller - SBIC

Carta is hiring a Fund Controller - SBIC in Seattle, United States. It pays $146k-$172k a year and Level rates it ; you can apply on Carta.

Level's read on this job

  • Level rates this role Little AI ●○○○: aI is not part of the work.
  • Level classifies it as a senior role.
  • Level lists 74 other open roles at Carta.
  • The role was posted in the last few days.

AI in this role

The Company You’ll Join

Carta is the connected platform and AI-native ecosystem for private capital. Built to replace fragmented tools with a single system of record, Carta brings together the software, services, and legal infrastructure that founders use to manage equity, fund managers use to run administration and reporting, and legal teams use to close transactions. Trusted by 55,000 companies and 1.8M+ equity holders in 160+ countries, and 10,000 funds and SPVs representing $250B+ in assets under management, Carta is transforming how private capital operates. Recognized by Fortune, Forbes, Fast Company, Inc. and Great Places to Work.

For more information about our offices and culture, check out our Carta careers page.

The Team You’ll Work With

The Fund Administration team at Carta is rapidly growing, and we have a proven product/market fit in the private equity  space. Our three main pillars of competency in Fund Administration at Carta are technical excellence, client management and innovation. We put our customers first, are willing to learn and grow, are problem solvers, work with urgency, ensure data security is a priority, project management effectively, maintain a professional community and work as one team. 

Learn more about our team here - https://carta.com/blog/investor/exceptional-fund-services-meets-technology/

The Problems You’ll Solve 

  • Help provide leverage to our clients by understanding and prioritizing their needs while effectively scaling our CFO services. Some of the strategic support that we provide includes:
    • Capital calls and distributions
    • Audit/tax support
    • Pre/post close services
    • Quarterly and annual financials
    • Limited Partner communications
    • SBIC regulatory compliance and SBA reporting
  • Bring transparency to founders, VCs, established General Partners and LPs and help our clients make more accurate decisions by helping them utilize our tools and resources such as:
    • Real-time IRR
    • Real-time portfolio data
    • Provide additional data points (TVPI, RVPI)
  • Improve our product and software through working with our product and engineering teams to continue to develop our Private Capital product suite
  • Turn a service industry into a software business through consulting with clients and implementing our Fund Administration software
  • Interact with clients on a daily basis and manage an effective client relationship
  • Interact with external auditors and tax providers
  • Adapt quickly as we integrate AI deeper into the fund administration lifecycle - directing and reviewing AI drafted capital calls, reconciliations and financial packages, and owning exception management
  • Assist Directors to execute new and current processes within the team 
  • Ensure the accounting team is SOC compliant in all processes and procedures 

The Impact You’ll Have

Our goal is to position Carta as the leading Fund Administration group. As a Fund Controller at Carta, you will be part of a highly dynamic team to support our goal and the future of the Fund Administration business. In this role, you will partner with top private capital firms including Small Business Investment Companies (SBICs) to streamline their financial accounting needs. You will have the opportunity to work cross-functionally with our product, engineering, go-to-market and operation teams, all while growing your foundational knowledge of accounting in an engaging, fast-paced environment. You will also help mentor our junior team members.

About You

  • You have experience maintaining, managing and nurturing multiple client relationships
  • You have experience interpreting and understanding Limited Partnership Agreements
  • You have experience with SBIC fund administration, including SBA compliance, regulatory reporting, and leverage / financing requirements
  • You have experience reviewing financial statements and footnotes, ensuring consistency with appropriate reporting framework
  • You have experience in understanding, interpreting and working on Waterfall calculations, management fees, and carried interest allocations
  • You have strong critical thinking, problem solving, and decision making skills
  • You have experience managing and monitoring the timely delivery of quality client deliverables
  • You have experience leveraging technologies to automate processes and gain efficiencies
  • You have experience providing training and guidance to new and existing team members
  • 8+  years of experience in the Venture Capital or Private Equity Fund Administration  with at least two years of SBIC experience
  • CPA or CMA preferred

Carta’s compensation package includes a market competitive salary, equity for all full time roles, exceptional benefits, and, for applicable roles, commissions plans. Our minimum cash compensation (salary + commission if applicable) range for this role is: 

  •  $146,158 - $171,950 in Seattle, Washington
  •  $130,773 - $153,850 in Hamilton, New Jersey

*Annualized salary based on estimated 40 hour hours per week before overtime

 

Final offers may vary from the amount listed based on geography, candidate experience and expertise, and other factors.

Disclosures:

  • We are an equal opportunity employer and are committed to providing a positive interview experience for every candidate. If accommodations due to a disability or medical condition are needed, please connect with the talent partner via email. 
  • Carta uses E-Verify in the United States for employment authorization. See the E-Verify and Department of Justice websites for more details.
  • For information on our data privacy policies, see Privacy, CA Candidate Privacy, and Brazil Transparency Report.
  • Please note that all official communications from us will come from an @carta.com or @carta-external.com domain. Report any contact from unapproved domains to security@carta.com.

How we rate this

Fund Controller - SBIC at Carta rates 37 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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