2 VP Finance Jobs in Vienna, VA
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VP Finance
$228k-327k (estimate)
Full Time | IT Outsourcing & Consulting
4 Weeks Ago
Blu Ventures is Hiring a VP Finance Near Vienna, VA
Job DescriptionThe VP of Finance will be responsible for performing all financial functions for Blu Ventures, ensuring accuracy, compliance and efficiency in financial operations. This role requires a detail-oriented professional with extensive experience in financial management, accounting, audit, tax and reporting preferably within the venture capital and private equity industry. Key responsibilities will include:
Blu Venture Investors, LLC (BVI) is an early stage Venture Capital Fund and Private Equity company providing initial and growth-stage funding and active mentorship to early-stage companies in the Mid-Atlantic region, while delivering strong returns for its investors and the entrepreneurs they support within cybersecurity, healthtech, and B2B SaaS.
- Financial Management:
- Build / develop for Partnership approval and ongoing management of operating budgets.
- Manage day-to-day financial activities, including accounts payable, accounts receivable, payroll, employee benefits and general ledger entries.
- Develop and implement financial policies, procedures, and controls to ensure the integrity of financial information.
- Reporting and Analysis:
- Prepare and analyze financial statements, reports, and forecasts for senior management and investors.
- Maintain and update Investor capital accounts
- Manage process to maintain up-to-date cap tables for all portfolio companies.
- Maintain current valuation models for portfolio companies.
- Manage outsourced Portal process and content for Port.Co. and investor Capital Account reporting
- Provide insightful financial analysis to support Partnership strategic decision-making and investment strategies.
- Manage regular LP communications (including quarterly and annual reports)
- Respond to ad-hoc LP requests regarding capital calls, commitments and other matters
- Compliance:
- Ensure compliance with accounting standards, tax regulations, FINRA regs. and reporting and relevant laws applicable to venture capital and private equity firms.
- Collaborate with external auditors to facilitate the annual audit and tax prep and reporting process.
- Coordinate with tax accountants to support QSBS calculations and reporting.
- Own investment closing process, including FINRA filings and gathering of investment documentation.
- Coordinate legal process for fundraising, including final execution of LP documents
- Own the firm’s Annual Partner D&O Insurance documentation and renewal process.
- Cash Management:
- Oversee cash flow management and optimize liquidity to support investment activities.
- Own the firm’s expense policy and manage reimbursements.
- Develop VC Fund capital calls and oversee notice and collection.
- Monitor and manage banking relationships, including fund transfers and investment disbursements.
- Investment Portfolio Support:
- Work closely with investment teams to assess the financial health and growth of portfolio companies.
- Provide financial guidance and support for due diligence processes.
- Team Collaboration and Fundraising:
- Collaborate with team members to ensure seamless coordination and communication.
- Support and participate in fundraising activities including presentations to prospective LPs.
- Bachelor's degree in Accounting, Finance, or related field; CPA or MBA preferred.
- Minimum of 10 years of experience in a financial role with increasing responsibility.
- Strong knowledge of accounting principles, tax, financial regulations and reporting standards.
- Private company valuation experience preferred.
- Preferably 5 years of financial experience in investment banking, venture capital or private equity.
- Proficiency in financial software and systems; Carta experience preferred
- Excellent analytical, problem-solving, and communication skills.
- Ability to thrive in a fast-paced, dynamic environment.
Blu Venture Investors, LLC (BVI) is an early stage Venture Capital Fund and Private Equity company providing initial and growth-stage funding and active mentorship to early-stage companies in the Mid-Atlantic region, while delivering strong returns for its investors and the entrepreneurs they support within cybersecurity, healthtech, and B2B SaaS.
Job Summary
JOB TYPE
Full Time
INDUSTRY
IT Outsourcing & Consulting
SALARY
$228k-327k (estimate)
POST DATE
05/18/2024
EXPIRATION DATE
07/16/2024
WEBSITE
bluventureinvestors.com
HEADQUARTERS
VIENNA, VA
SIZE
50 - 100
FOUNDED
2008
TYPE
Investment Company
CEO
KEITH YOUNG
REVENUE
$10M - $50M
INDUSTRY
IT Outsourcing & Consulting
Related Companies
About Blu Ventures
Blu Venture is an investment firm that focuses on investing early stagecompanies.
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The job skills required for VP Finance include Accounting, Presentation, Analysis, Financial Statements, CPA, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a VP Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by VP Finance. Select any job title you are interested in and start to search job requirements.
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