Director of Finance
The Firm
SuRo Capital (Nasdaq: SSSS), formerly known as Sutter Rock Capital and GSV Capital, is a publicly traded venture capital portfolio that invests in late-stage, high-growth start-ups. SuRo Capital’s investment thesis is rooted in fundamental structural changes in the private marketplace, including the dramatic growth and value creation increasingly taking place in companies prior to their public offerings. As a publicly traded entity, SuRo Capital is a unique investment vehicle that enables public investors to access this asset class.
Our fund has previously invested privately in premier start-ups such as Coursera, Dropbox, Facebook, Lime, Lyft, Palantir, Spotify, and Twitter. SuRo Capital is headquartered in downtown San Francisco at One Sansome Street; however, the team is currently working remotely due to the COVID-19 pandemic and will continue to follow federal/state/local guidance. Please visit surocap.com for more details on our team and our portfolio.
The Role
SuRo Capital is seeking a detail-oriented, proactive, self-starter to oversee the financial reporting process and play a major role in portfolio management, investor relations, and public company administration. This position is primarily responsible for public company financial reporting processes (preparation and filing of 10-Q’s and 10-K’s) and related audit management and will impact all financial aspects of a publicly-traded venture fund including, but not limited to: cash management and FP&A; taxes; AP; compliance, and shepherding investments. This position also plays a major role alongside the Investments Team in portfolio management by reviewing the valuation of the portfolio each quarter and tracking financial data and portfolio company activities.
This position works directly with the Chief Financial Officer in all other critical areas and tasks of a public fund. As a publicly traded venture fund with a small team, the individual that we’re looking to add will be a total team player that is interested in all aspects of the business, not above any task, and has a strong desire to grow their responsibilities within the organization quickly. The right individual for this position will have a solid knowledge of Generally Accepted Accounting Principles (GAAP) supported by a constant curiosity for the most accurate accounting approach and ability to research accounting guidance efficiently and effectively communicate
findings and positions. This individual should have experience both auditing public
companies and internally as part of a financial reporting team at an investment, banking, or finance firm. This position will also be directly responsible for internalizing the accounting platform (currently outsourced).
What We’re Looking For
Ideal Experience:
- CPA
- Experience at a Big 4 accounting firm
- Master’s Degree in Accounting
- 8+ years of accounting experience in an investment, banking, venture, or finance organization
- Strong knowledge of US GAAP accounting, internal controls, and public company financial reporting
- Proficient in financial modeling and private company valuation
- Understanding of venture capital
Desired Skills and Strengths:
- Self-starter with demonstrated experience owning problems and driving to solutions
- Expert in managing upwards
- Highly organized and detail-oriented
- Exposure to various accounting and reporting systems and platforms; specifically, Intacct and Workiva
- Commitment to on-time performance and deadlines
- Able to prioritize and juggle multiple projects with competing objectives and deadlines in a fast-paced, high pressure environment
- Adaptable/flexible: Open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations
- Excellent written and verbal communication skills
- Strong proficiency in MS Office
What You’ll Do
Essential Responsibilities:
- Lead the SEC and Nasdaq compliant quarterly and annual public company financial reporting of the fund
- Manage the quarterly and annual external reviews and audit
- Complete the internalization of the accounting platform
- Oversee and manage the external fund administrator team to ensure accurate and timely monthly and quarter-end closes
- Coordinate and review all accounting and financial reporting including direct responsibility for researching and preparing accounting memos on significant or unusual transactions or changes in accounting policy
- Review and perform quality controls on quarterly valuations of portfolio companies
- Monitor and track portfolio transactions and related portfolio company activity
- Guide the team to ensure all required compliance is met and internal controls processes are followed
- Assist with investor relations including preparation for the quarterly Earnings Call and press release materials and reviewing all information made publicly available
- Assist in the ad hoc and quarterly preparation of Board of Directors materials
- Manage the preparation and review of state and federal tax returns
- Work directly with investment professionals, office manager, and external service providers (legal, audit, custodian, banks, etc.)
- Other special projects and duties, as assigned
Salary
$100,000.00 - $200,000.00*negotiable - Includes base + bonus + equity
Job Type: Full-time