Fund Controller - SBIC

Carta•Seattle, UT

About The Position

Carta is hiring a Fund Controller to support its growing Fund Administration business, partnering with private capital firms, including Small Business Investment Companies (SBICs), to streamline their financial accounting needs. The role provides CFO services and fund administration support, including capital calls and distributions, audit and tax support, pre- and post-close services, financial reporting, Limited Partner communications, and SBIC regulatory compliance and SBA reporting. The Fund Controller will manage client relationships and deliver accurate, timely client work while working cross-functionally with product, engineering, go-to-market, and operations teams to improve Carta’s private capital products and software. The role includes adapting to AI-supported workflows by directing and reviewing AI-drafted capital calls, reconciliations, and financial packages, and handling exceptions. The Fund Controller will also assist Directors with team processes, ensure accounting processes and procedures are SOC compliant, and mentor junior team members.

Requirements

At least 8 years of experience in Venture Capital or Private Equity Fund Administration.
At least 2 years of SBIC experience.
Experience maintaining, managing, and nurturing multiple client relationships.
Experience interpreting Limited Partnership Agreements.
Experience with SBIC fund administration, including SBA compliance, regulatory reporting, and leverage or financing requirements.
Experience reviewing financial statements and footnotes for consistency with the appropriate reporting framework.
Experience understanding, interpreting, and working on waterfall calculations, management fees, and carried interest allocations.
Strong critical thinking, problem-solving, and decision-making skills.
Experience leveraging technology to automate processes and improve efficiency.
Experience managing and monitoring timely delivery of quality client deliverables.
Experience providing training and guidance to new and existing team members.

Nice To Haves

CPA or CMA.

Responsibilities

Provide fund administration and CFO services, including capital calls and distributions, audit and tax support, pre- and post-close services, quarterly and annual financials, Limited Partner communications, SBIC regulatory compliance, and SBA reporting.
Help clients use Carta tools and resources, including real-time IRR and portfolio data and TVPI and RVPI metrics, to support accurate decision-making.
Work with product and engineering teams to improve Carta’s private capital products and software.
Consult with clients and implement Carta Fund Administration software.
Interact with clients regularly and manage client relationships.
Coordinate with external auditors and tax providers.
Direct and review AI-drafted capital calls, reconciliations, and financial packages, and manage exceptions.
Assist Directors in executing new and existing team processes.
Ensure the accounting team’s processes and procedures are SOC compliant.
Mentor junior team members and provide training and guidance to new and existing team members.
Manage and monitor the timely delivery of quality client deliverables.