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.

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.

• 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 work papers.
• Partner with leadership on firm strategy, resource allocation, and long-term financial planning (runway, hiring plan, operating leverage).

• 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).

• 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

• 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.

• 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.

• Optimize finance systems and workflows with the fund administration firm, improving automation, data…