CFO NEEDED // BEVERLY HILLS, CA

The Venture

Our client’s venture is an innovative VC firm in search of companies that are designing the future of health, happiness, and productivity.

The Ventures team provides a combination of investment expertise, founding and operational experience and creative talent to create strategic partnerships with our portfolio to facilitate the growth of each company. We work across a wide range of industries and are always ready to take on new challenges with exciting companies.

About the Role

We are a small team accustomed to getting things done. To move even more quickly, we seeks a CFO to lead all aspects of VC"s back office.

Main Responsibilities

• Manage all aspects of The VC’s back office, including operations and finance

• Support the VC portfolio with financial strategy, budgeting and operational assistance

Operations

• Serve as the primary point of contact for VC’s service partners (accountant, tax advisor, law firm) regarding fund operations and administration

• Manage VC’s relationship with technology and service vendors, including contracts, billing and daily operations

• Manage payroll inputs

• Ensure compliance with state and federal payroll, workers comp, and other regulations

• Review and manage internal processes and systems to improve efficiency where possible

• Manage internal databases and record-keeping

• Support VC’s investor relations with Limited Partners

• Manage document review and operational tasks in collaboration with VC’s various law firms

• Assist with the preparation of communications to Limited Partners and general publications

• Support the investing team’s operational work on behalf of portfolio companies

• Assist portfolio companies with preparation of budgets, financial forecasts and fundraising materials

Finance

• Contribute to VC’s future direction by guiding the firm’s financial and tax strategies, budgeting and forecasting, and fund administration

• Manage relationship with VC’s banking partner and capital call line of credit provider

• Manage wire processing and cash controls

• Oversee financial details of the investment process end-to-end

• Oversee the financial operations of active funds and SPVs

• Manage fund administration relationship (currently with Carta), which includes reviewing and overseeing capital calls, distributions, management fee calculations, and waterfall calculations

• Oversee the company’s invoice payment and financial reconciliation process

• Support Managing Partners’ communications with Limited Partners regarding capital calls, quarterly reporting and inbound communications

• Manage Voyager’s tax and audit relationships

• Manage tax planning and filing of the active funds and GPs

• Monitor cash balances and cash forecasts, including fund lines of credit

• Own the portfolio construction model

• In collaboration with the fund administrator, manage preparation of the funds’ periodic Net Asset Value calculation and year-end financial statements, management of the audit, and reviewing other fund related reports

• Review and approve all financial reporting and filings

• Understand and mitigate key elements of the company’s risk profile

• Maintain appropriate insurance coverage

Requirements

• Track record of growing businesses as CFO, COO, Corporate Controller, Director of Business Operations and / or VP of Finance, or other role with similar responsibilities

• Experience in private equity, venture capital or fund administration

• Preferred at least five years of progressive career development in corporate accounting or operations

• Natural curiosity

• Flexibility, good humor and creativity in anticipating and responding to team and partner needs

• Excellent spoken and written communication and experience partnering with an executive team

• Experience with regular reporting requirements and financial modeling

• Advanced Excel proficiency, including building and maintaining financial models

• Master’s degree in business administration or accounting, degree in law, or equivalent business experience

Salary: $250,000 base

Please email resumes and references to hello@staffingbysabri.com