Chief Financial Officer

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 View email address on click.appcast.io. 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 #J-18808-Ljbffr Open Opportunity Fund