Fund Accounting Manager

Founded in 2017, Toyota Ventures is a San Francisco Bay Area-based venture capital firm with approximately $800M+ AUM that invests in early-stage startups around the world in frontier and climate technologies. We are on a mission to discover what’s next for Toyota by helping startups bring groundbreaking technologies and business models to market quickly. We’ve invested in over 100 companies to date, including Artificial Agency, Apex Space, Bipi (acquired), Blackmore (acquired), AM Batteries, CO280, Efficient Computer, Joby Aviation (NYSE: Joby), May Mobility, Walden Robotics, and Stoke Space.

Our firm is growing, and we are looking for an experienced fund accounting manager to join us on this journey. The role will report to the controller and will be responsible for ensuring accurate financing reporting, compliance with accounting stands, and the smooth operation of fund accounting processes.

This is a critical, execution-focused role and hands-on role for a practitioner who prefers to be deeply involved in the operational and financial accounting aspects of the fund management. It requires strong technical accounting skills, an understanding of VC fund structures, and the ability to work closely with senior leadership, investors, and portfolio companies.

The ideal candidate has a strong understanding of GAAP accounting and a passion for working in a dynamic and fast-paced environment. We are a growing team that embraces a culture of acting with integrity, clear communication, and bold thinking. If you are looking for a challenging but fun opportunity, come join us. The firm is based in the SF Bay Area, but remote work is possible.

Responsibilities

• Fund Operations and Cash Management: Execute end-to-end capital calls and distributions (including calculations, notices, and data verification. Prepare fund-of-fund (FoF) wires, assist with portfolio investment wires, and process invoices as needed.

• Month-End close: Reconcile bank accounts, prepare FoF monthly/quarterly closing entries, and other journal entries as needed. 

• Portfolio and Investment Accounting: Reconcile portfolio company financial data against internal/external cap tables, valuation records, and the general ledger. Maintain complete and accurate  Statement of Investments, including cost, ownership, investment activity, realized and unrealized gains and losses, and other relevant investment data. .

• Systems & Data Integrity: Maintain fund accounting software and related systems to ensure the completeness, accuracy, and consistency of fund and portfolio data across internal systems.