Job Description
We’re looking for a VP Finance to join our Finance & Operations team who is passionate about overseeing the finances and compliance operations of the firm. This is a leadership role and we are looking for an individual who has demonstrated leadership experience, combined with a deep understanding of accounting, reporting, analysis, and compliance. This person will work closely with the CFO/COO, General Partners, existing team members and external compliance partners. Ideally this person has a CPA/accounting background combined with CFA/finance skills.
By contributing to the firm’s constantly increasing standard of excellence, quality of work, and investment returns, our team members are positioned to grow with us and become senior leaders in the organization and venture capital industry. We work best with people who are collaborative, versatile, curious, hard-working and always ready to pitch in.
Responsibilities may include (but not limited to):
- Provide comprehensive reporting and analysis to understand the performance of each fund in real-time.
- Survey founders and gather company performance data for quarterly portfolio review
- Oversee and execute process to track and report portfolio and fund data, collecting \information for each new and follow-on deal when it closes, as well as each exited company
- Produce portfolio performance metrics quarterly - TVPI, IRR, DPI, and several other metrics
- Evaluate, select and maintain software system to manage portfolio and fund data
- Help to maintain and execute the firm’s portfolio valuation process
- Maintain real-time Reserves Analysis and updated portfolio construction in that system and ensure that the system is fully integrated into 645’s CRM (Voyager)
- Maintain detailed budget and performance analysis for firm’s management company, enabling firm’s leadership to make key spending decisions in areas such as hiring
- Oversee firm’s compliance operations, working closely with CFO and firm’s external counsel to and implement compliance procedures in areas such as SEC reporting, stock trading and monitoring, tax, and information security
- Manage firm’s expense tracking, approvals and reimbursements
- Manage wiring of investments and act as audit control for disbursements
Skills and Experience Requirements:
- You have 5+ years of experience in a finance or controller capacity (PE/VC experience (preferred)
- You are a CPA or CFA (preferred)
- Advanced accounting/financial modeling skills to make accurate calculations, estimates, and forecasts (with a strong attention to detail)
- Advanced experience working with excel and google sheets
- Familiarity with private equity and/or venture capital organizational structure and operations
- Familiarity with computing and analysis investment returns, particularly TVPI, IRR, and DPI
- Familiarity with different valuation methodologies and comfortable building valuation models
- Highly responsible, responsive, communicative and transparent
- Very high level of energy, highly self-motivated, and a passion for success
- Excellent ability to listen, understand, connect and build strong relationships
- Highly organized and incredible time and project management, team coordination and strong ability to multitask.
- Proven ability to thrive under tight deadlines while successfully juggling a multitude of projects simultaneously
- Ability to work independently, self-starter and can run from beginning to end with robust projects
- Very strong communication skills, both written and verbal . This includes ability to communicate effectively with co-workers, management, and the firm’s stakeholders about the finances of the business and justify certain financial recommendations
