Your space-enabled career begins here

We are hiring a VP Finance to join our executive team and to help us shape Space Capital’s next phase of growth. If you're a CPA with Fund Admin and audit experience, please read on:

About Space Capital

Space Capital is the leading venture capital firm investing in the space economy, which we believe is much more than just rockets and space stations. In fact, space technologies are the “invisible backbone” that powers our global economy and we’re focused on unlocking the value in space technology stacks like GPS, Geospatial Intelligence, and Satellite Communications. We understand what we're investing in at a fundamentally deeper level than our peers. Our partners have built rockets, satellites, and operating systems. We have founded companies with assets currently in orbit and have led multiple exits as operators. We've been pioneering investment in this category for 10+ years and now we've literally written the book on the subject with The Space Economy, published by Wiley. We are actively investing out of our third fund with $100M+ under management.

The Role

Space Capital is adding a VP Finance to its executive team. The VP Finance will be responsible for managing financial and legal processes, and investor relations and reporting. The position will report to the CEO. This role will work closely with the investment team, but is not expected to be responsible for investment decisions. This is a full-time position that can be located in the firm’s New York City headquarters, or work remotely anywhere in the U.S.

Responsibilities

Responsibilities will vary, but will definitely include:

Financial

• Develop the fair market value (FMV) calculations for the portfolio according to GAAP
• Manage the firm’s outsourced back office relationship
• Manage and coordinate the annual audit and tax returns of the funds
• Coordinate with tax accountants and back office to calculate tax distributions
• Maintain and expand the firm’s employee benefits offerings
• Ensure adequate and cost-effective insurance coverage
• Maintain and expand financial controls
• Negotiate and manage vendor relationships, and pay invoices
• Own the firm’s expense policy and manage reimbursement
• Manage company credit cards

Legal

• Ensure firm is in full compliance with applicable regulatory requirements and government filings
• Coordinate legal processes for fundraising, including final execution of all LP documents
• Maintain and develop HR policies and coordinate all legal documents with employees & interns
• Coordinate with outside counsel on ad-hoc legal matters

Reporting

• Create and maintain fund, portfolio, and investor dashboards
• Obtain and organize monthly & quarterly financials, legal documents and stock certificates for each portfolio company investment
• Maintain up-to-date cap tables for all portfolio company investments
• Update various online 3rd party databases to reflect investment activity
• Audit portfolio company D&O insurance policies for compliance with requirements
• Maintain monthly financial reporting for management company and support audit
• Develop and maintain financial budget for management company

Investor Relations

• Coordinate regular LP communications including quarterly & annual report distribution
• Respond to ad-hoc LP requests regarding capital calls, commitments, compliance, tax and other related matters
• Assist with diligence requests during fundraising
• Maintain performance metrics in coordination with back office provider

Qualifications

Here are some characteristics that will come in handy for this job, but this list isn’t exhaustive and we look forward to meeting with a diverse group of candidates.

Bachelor’s Degree required, MBA or CFA preferred

• CPA or mastery of accounting preferred
• 5+ years experience in financial operations of a VC, PE, or hedge fund (fund admin and audit experience preferred)
• Private company valuation experience (e.g. Topic 820) preferred
• Outstanding written and verbal communication skills
• Highest degree of integrity, professionalism, and maintenance of confidentiality
• Self-directed and detail-oriented
• Occasional overnight business travel expected

Compensation

• Salary: commensurate with experience
• Competitive Health Benefits
• 401k + 5% employer matching
• Minimum two weeks paid vacation required

How to Apply

If you’re interested in applying for this position, please email the following information to: careers@spacecapital.com

• One-page résumé, attached or linked
• Names and emails for two references
• Cover letter in the body of the email

We believe diversity is a source of strength. Space Capital is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, or any other characteristic protected by law.