About Norrsken Evolve

Norrsken Evolve is a €60M pre-seed fund (read more from our General Partners, Alex, Rebecka & Johan) designed for founders building Europe’s sustainable and resilient future. In the face of global challenges, economies, industries, and ways of living must evolve. Through our fund, founder experiences, investments, and global ecosystem, we work hand-in-hand with mission-driven founders, providing the resources they need to scale groundbreaking solutions. Our startups don’t just build businesses—they pioneer the next stage of societal and industrial evolution.

With have invested in over 100+ companies to date, with a 75% follow-on rate from world-leading investors. We run a world-class in-person sprints and we are backed by Saminvest, the European Investment Fund (EIF), Smartcap, Volvo Group and numerous strong family offices and unicorn founders. We are a lean, high-conviction team based in central Stockholm, dedicated to creating outlier impact and financial returns.

The Role

We are looking for a Finance Manager to own our fund finance function. You will be the day-to-day point of contact and manager for external fund administrators, ensuring all fund accounting is accurate, timely, and investor-ready. Every quarter you will be in charge of valuations for our portfolio companies and drafting our quarterly reports to our limited partners. You will also be in charge of collecting and reviewing portfolio company reporting. You will also lead any contact with our auditors and ensure the annual audit is executed successfully. This is a hands-on, senior role with real ownership — you will be the internal expert on fund economics, compliance, valuations and financial reporting, working directly with the General Partners.

This is an individual contributor role suited to someone who is comfortable operating independently and takes pride in running a tight, well-controlled finance function, knowing VC fund structures is a plus, but not a must.

What You'll Do

Fund Administration & Accounting

• Serve as the primary internal liaison and day-to-day manager of Permian, our external fund administrator, ensuring all fund accounting deliverables are met on time and to a high standard

• Review and validate NAV calculations, capital accounts, management fee calculations, and financial statements produced by Permian

• Own the capital call and distribution process end-to-end, coordinating with Permian and ensuring timely, accurate LP communications

• Coordinate the KYC/AML process for all investors and maintain up-to-date investor records

• Coordinate the annual audit alongside Permian and our external auditors, ensuring all supporting documentation is complete

Financial Reporting & Investor Relations

• Prepare and deliver regular financial reports to the General Partners, including portfolio valuations, cash positions, fee and expense tracking, and fund performance metrics (TVPI, DPI, IRR)

• Lead the LP reporting work, including quarterly reports, annual financial statements, and ad-hoc investor queries

• Maintain the fund model and ensure GPs have a clear, up-to-date view of fund economics at all times

• Support new fund launches and fundraising periods with financial and operational workstreams, including fund model structuring inputs and investor onboarding

Portfolio Company Reporting

• Working with the operations team, ensure data is collected and reporting is completed by our portfolio companies.

Compliance, Tax & Legal

• With the support of our external fund accountant, ensure full and timely compliance with Swedish and EU regulatory requirements applicable to a licensed VC fund, including AIFMD reporting obligations

• Review corporate tax filings, VAT reporting, and payroll obligations for the fund management company, drafted and executed by Permian.

• Review investment agreements and make sure they are in line with our terms and conditions.

• Act as a key point of contact with external legal counsel, tax advisors, auditors, and regulatory bodies

• Maintain and improve internal controls, financial policies, and compliance documentation

• Overall legal support in the current portfolio, reviewing updated agreements, new round terms and be the point of contact for ongoing legal

Operations & Continuous Improvement

• Own the finance and administrative operations of the management company, including budgeting, forecasting, and expense management

• Identify and lead initiatives to streamline workflows, leverage automation, and build scalable processes as the fund grows

• Support investment operations, including support in the DD-process, reviewing term sheets for financial terms, coordinating signing processes, and maintaining the investment portfolio tracker

• Support portfolio companies when needed, sounding board for financial models and finance operations, potentially hold a finance focused session during our in person sprint.

Who You Are

• 3–5 years of experience in finance, financial controlling, accounting, or a closely related field — you have operated independently and owned deliverables, not just supported them

• A plus if knowledge of VC or PE fund structures, including management fees, carried interest, capital accounts, and portfolio fund models.

• Experienced working with external fund administrators — you know what good looks like and are confident holding an administrator accountable

• Comfortable navigating Swedish and EU regulatory requirements for fund managers (AIFMD experience a plus)

• Highly detail-oriented and organised, with a track record of delivering accurate, timely financial reporting

• A clear, confident communicator — able to translate complex financial information for GPs, LPs, and external advisors

• Proactive and solutions-oriented — you spot problems early and drive them to resolution without being asked

• Familiar with modern finance tools and open to using AI to improve your workflows

• Experience in the startup and/or impact investing ecosystem is a plus but not required

What We Offer

• Full ownership of the finance function at one of Europe's most mission-driven early-stage VC funds

• A direct working relationship with the General Partners — no layers, no bureaucracy

• The autonomy to shape how finance works at Norrsken Evolve as the fund scales

• A seat inside a world-class network of founders, operators, and investors committed to Europe's sustainable future

• A lean, ambitious team in a beautiful office in central Stockholm

• Competitive salary and benefits commensurate with experience

Team

Norrsken Evolve

Locations

Stockholm, Sweden

Employment type

Full-time