VP of Finance / Controller – Portfolio Companies

Black Dragon Capital; Orlando, Boynton Beach (FL, FL); Remote; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a VP of Finance / Controller to oversee financial operations for portfolio companies. This pivotal role involves preparing financial reports, managing cash flow, and ensuring compliance with accounting principles. The ideal candidate will have a strong background in private equity or investment firms, with a focus on technology and SaaS business models. Join a dynamic team that values diversity and innovation, where your expertise will directly contribute to the growth and success of the firm. If you're ready to make an impact in the financial sector, this opportunity is for you.

Qualifications

• 7+ years of experience in general or tax accounting, preferably in Private Equity.
• Strong knowledge of GAAP and financial reporting standards.

Responsibilities

• Prepare and analyze financial statements in accordance with GAAP.
• Manage cash flow and conduct financial analytics for portfolio companies.

Skills

Financial Analysis

General Ledger Management

Cash Flow Analysis

Accounting Software Proficiency

GAAP Knowledge

Analytical Skills

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Tools

Accounting Software

Job description

TITLE: VP of Finance / Controller – Portfolio Companies
Location: Remote

Who we are looking for:

BDC is looking for a skilled, detail-oriented Private Equity Finance individual to perform and coordinate financial accounting duties for various portfolio companies. Responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, preparing tax returns, assisting with audit preparations, and performing other accounting duties as assigned. To be successful, you should have a solid working knowledge of Generally Accepted Accounting Principles (GAAP), strong financial analysis skills and have previously worked in private equity or an investment company. We are an operationally led firm and culture that applies our unique operational knowledge into how we operate the firm and manage our investments. What sets us apart is that the same entrepreneurial spirit and energy that made us successful in an operational role should translate to building a different kind of investment firm.

What you will be working on:

1. Responsible for the preparation, analysis and interpretation of the general ledger and corresponding financial statements in accordance funds’ requirements, policies and generally accepted accounting principles.
2. Conduct technical accounting research and ensure appropriate application to Fund and underlying investments.
3. Portfolio company cash management: Active management that includes BOD and executive presentations, Fund’s liquidity, cash flow analysis, available cash, sources and uses of liquidity and active oversight. Preparation of Board of Directors analysis and presentation. Oversight and management of Fund’s available operating cash.
4. Financial Analytics: Understand component of portfolio and underlying investment performance measurements. Review return/performance analyses, breakdown portfolio performance to assist/field BOD and Managing Directors inquiries.
5. Build and manage relationships for all internal and external collaborators, and portfolio company executive team. Ability to coordinate/respond to Ad Hoc Executive and BOD inquiries.
6. Manage the month-end journal entries from accounting transactions over the calendar month including A/R and Bank Reconciliations, operating accruals accounts payable/receivable, general ledger, payroll and utilities, cash flow, bank account statement reconciliations, check and wire processing, fixed asset tracking.
7. Review all inter-company transactions, generating appropriate actions and invoices as necessary.
8. Update all required schedules for maintaining the balance sheet, complete bank, and accounts receivable reconciliations.
9. Maintain fiscal files and records to document transactions.
10. Maintain periodic reforecast of each accelerator company.
11. Provide input to monthly/quarterly reporting to shareholders and support CEO on periodic MD&A.
12. Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.
13. Maintain systems for collecting, analyzing, verifying, and reporting information.

Experience:

We are looking for an individual with operating experience in a technology operating company who has experience dealing with venture capital and/or private equity and their expectations. Should have experience in technology and SaaS business models.

1. Bachelor's degree in accounting, finance, business administration with an emphasis in Accounting, or a related field.
2. 7+ years’ experience in general or tax accounting. Experience in Private Equity preferred.
3. Previous experience as an accountant, accounting supervisor, or manager. Previous experience working with portfolio companies and C-Suite preferred.
4. Excellent computer skills; proficiency with accounting software and experience with a software system implementation.
5. Exceptional knowledge of finance, accounting, budgeting, cost accounting and cost control principles, and Generally Accepted Accounting Principles (GAAP).
6. Analytical ability to develop and implement improvements or recommendations.
7. Able to work well with senior executives and team, as well as mentor/lead other team members.

About Black Dragon Capital

Black Dragon Capital LLC (BDC) is a unique growth-oriented private equity firm focused on investing in areas where information technology is enabling the disruption of industries by allowing a faster, better and more economically compelling way to solve industry issues. We seek to benefit from a diverse perspective combined with high performance operating and investment executives. We hire and promote based on merit, without bias, and make a genuine effort to ensure we have a diversified team that aligns with the diversity of our portfolio companies and their clients. We intend to maintain over 65% of our team members as culturally or gender diverse, and work hard to foster a supportive and welcoming workplace. Bringing a leadership and advisory group of successful entrepreneurs, former operators and deal making experience, Black Dragon’s team has a track record of building market leading companies, driving above market returns and accelerating growth and profitability through its distribution connections, strategic advice, and active participation within our investments, primarily in financial technologies, eCommerce, and sports and media technology markets.