Chief Financial Officer

One of Europe's leading early stage Investors are looking to add a CFO to their team. Someone who can level up on their current approach to fund finance fundamentals.

What specific outcomes are they looking for you to achieve?

• Establish strategy/systems/structures that can handle the complexity and pressure of £500M+ in AUM.
• Improve the strategic planning on deployment, reserve and returns management, including funding and liquidity options as well as management of third-party providers in the process.
• Ensure the table stakes for finance, operations, and compliance are consistently met and managed whilst delivering change, requiring minimal guidance from investment partners.
• Embody the funds culture and provide strong firm-wide leadership.

A bit about you:

• You’re an experienced fund management professional who has either worked in a small, early-stage VC firm or established PE firm with several funds under management as a CFO or Finance Director.
• You enjoy an ambiguous, at times fast-moving work environment, but are equally content operating in a steadier state managing long-term projects and ongoing work.
• You’re able to work as a respected peer and challenger to Partners, and with gravitas when collaborating with investors, LPs and the wider VC ecosystem.
• You conduct yourself with ethics, integrity, maturity, and kindness.
• Being honest, transparent, and conscientious is just who you are.
• You probably have high expectations of yourself and are keen and able to take responsibility for your personal and professional development.

What will your responsibilities include?

• Team: Own and lead the overall Finance and Operations function and strategy for the fund with precision. Manage relationships with external advisors and providers, including working with legal counsel during investment negotiations, alongside closed investments post term sheet, supported by the lead Partner. Manage and develop a high-performing Finance and Operations team. Embrace technology and automation to optimise the financial and operational processes and procedures to keep the business lean. Evaluate and upgrade external and internal systems and providers. Make access to and analysis of financial data easy and self-serve for the Investment team.
• LPs: Oversee the preparation of capital calls, distributions, carry waterfalls, quarterly updates, advisory committees, and annual statutory reporting for Funds and GP Companies. Maintain and continue to improve LP portal and systems. Support the GPs with LP communications, responding to ad hoc LP requests and presenting data and information to them as needed. Support the GPs with fundraising, preparing required data and materials, answering DD requests and joining DD meetings when required. Support the GPs team with the execution of and financial information required for the successful delivery of the quarterly reporting, AGM and LPAC. Support the Head of Network with the delivery of our ESG roadmap and ESG related matters as needed. Support the external lawyers with the fundraising process and any LP requests as required.
• Management Company: Oversee the financial matters of the management company, including reporting, budgeting, and forecasting. Report management company performance to the senior management team. Manage the annual budgeting process for the management company. Ensure compliance with all regulations and tax requirements, collaborating with external advisors as necessary.
• Investment Process: Own the process of investing in new companies and follow on investments into existing portfolio companies. Collaborate with external counsel partners and lead GP partners to facilitate process in a timely and efficient manner. Manage capital deployment, reserve and returns management, including funding and liquidity options for portfolio companies as well as management of third-party providers in the process.
• Fund: Oversee the portfolio monitoring and valuation processes, adhering to IPEV guidelines. Negotiate, manage, and monitor subscription lines, NAV lines, and potential GP loan facilities for the fund commitments. Supervise the audit and internal fund accounting and oversee the relationship with external administrators. Provide required updates on the Funds during the LP Supervisory Board meetings, AGMs and internal quarterly offsites. Ensure compliance with all regulations and tax requirements, collaborating with advisors as necessary.