Woven Capital is Toyota's growth-stage venture capital arm focused on advancing the future of mobility – how people, goods, information and energy move. We manage $1.6 billion, investing in companies that create new ways to support mobility and emerging technologies, advance the industrial value chain, and accelerate decarbonization and sustainability. Our work connects breakthrough innovators with Toyota's global platform, strengthening the company's capabilities today while creating new opportunities for tomorrow.
WHO ARE WE LOOKING FOR?
We are excited to hire an Accounting Manager for Woven Capital, the growth stage corporate venture capital (CVC) arm of Toyota. This is a unique opportunity to work in the VC/CVC industry, as the team is looking to bolster the Finance functions to support its exciting growth phase. You’ll be joining a world-class team to help build and run a wide range of Finance/Accounting processes and activities as a core member, while in liaison with both internal and external stakeholders. The position will be based in either New York, Seattle or San Francisco.
RESPONSIBILITIESThe Accounting Manager will enjoy a role with a wide breadth and variety of day-to-day activities as well as broad exposure to VC/CVC and how the Finance Team ensures quality reporting to stakeholders and demonstrates good governance within a corporate environment, whilst helping the dynamic venture team remain agile. As the Accounting Manager, you will report to the Head of Finance at Woven Capital. Your key areas of coverage and responsibility will include, but not be limited to, the following:Own the day-to-day relationship with the external Fund Admin team. Perform the first review of the monthly and quarterly financial statements of Woven Capital’s funds and other entities. Prepare and self-review monthly and quarterly consolidation reporting to Toyota Motor Corporation (“TMC”) via a custom consolidation reporting toolMaintain and review accounting books and records, and reconcile files in liaison with the external Fund Admin team. Be able to analyze and assist in the reconciliation of bank statements, investment activity, income and expense accruals, valuation adjustments, and general ledgersReview financial materials prior to distribution to LPs, including quarterly financial statementsRun the expense management process, from invoicing to paymentWork with the Head of Finance on budgeting and FP&A for Woven CapitalSupport all aspects of cash management, including capital activity, including review of capital call and distribution calculations, carried interest, and management fee calculationsRun the annual audit, tax, and other accounting and finance-related processes, in liaison with external service providers, including fund administrators, auditors, and tax advisorsCollaborate with the Portfolio Manager to prepare quarterly fair value calculations, in accordance with ASC 820, of investment positions to ensure accurate and timely financial reporting in accordance with accounting principles. Work with the Portfolio Manager on presenting materials to the Valuation CommitteeProject management and delivery by working with the Head of Finance on projects relating to accounting and operations (e.g. expense management) implementation projectOther routine accounting compliance reporting under Japan and US regulations Maintain and identify areas to improve internal controls and processes, and identify areas for AI adoption within the Finance functionBe able to work within Woven Capital’s global team across borders and time zones with a diverse set of cultural backgroundsQUALIFICATIONSSelf-starter and self-learner who is comfortable with ambiguityBachelor’s degree in finance/accounting/business, or related areas~5 years’ experience in a similar role and a strong passion and interest in VC/CVC and private financial marketsStrong understanding and demonstrated experience with fair value accounting of portfolio companies and VC fund structure and accountingAn accounting qualification, such as a CPA/Chartered Accountant required. CFA and/or an MBA are a plus but not requiredStrong analytical skills and data analysis are essential, with spreadsheet skillsExcellent organizational and project management skillsTeam player with strong interpersonal skills and emotional intelligenceHigh level of integrity, a strong sense of ownership, and accountabilityYou enjoy open communication and direct feedbackDesire to work in a challenging, fast-paced environment across international timezonesJapanese Language ability is a plus, but not requiredFor positions based in Palo Alto, CA; the base pay ranges from $119,000 to $195,500 per year.
Your base salary is one part of your total compensation. We offer a base salary, short term and long term incentives, and a comprehensive benefits package. The total compensation offered to an employee will be dependent upon the individual's skills, experience, qualifications, location, and level.
WHAT WE OFFER
We are committed to creating a modern work environment that supports our employees and their loved ones. We offer many options of the best programs to allow you to do your most meaningful work and to help you shape the future of mobility.
・Excellent health, wellness, dental and vision coverage
・A rewarding 401k program
・Flexible vacation policy
・Family planning and care benefits
Our Commitment
・We are an equal opportunity employer and value diversity.
・Any information we receive from you will be used only in the hiring and onboarding process. Please see our
privacy notice for more details.
