Head of Finance @ Dallas Venture Capital in Dallas, TX

Dallas Venture Capital (“DVC”) seeks to hire a seasoned Head of Finance and Investor Relations (“HFIR”) to support the firm as a strategic leader in several major areas of financial operations, including but not limited to: overseeing investor communications, LP accounting, carried interest allocations, portfolio analysis, and portfolio support in addition to financial operations including but not limited to: budgeting, financial planning, reporting, analysis, and ensuring compliance, with the primary goal of maximizing profitability and strategic financial decision-making for the organization. The individual will work closely with the Managing Partner and COO.

HFIR functions are spread across three main categories:

• Financial Operations
• Leading Budgeting, Financial Planning, Financial Reporting and ensuring compliance with financial and regulatory requirements for the firm in collaboration with the Fund Administrator and outsourced bookkeeping team
• Overseeing the audit and tax functions: Serving as the liaison on investors matters:
• Guiding the audit process
• Supervising K-1 preparation and distribution
• Managing Investor Accounting
• Directing Capital Calls and liaising with the Fund Administrator as needed
• Overseeing late interest and carried interest calculations
• Managing Fund Distributions to LPs
• Managing the Carried Interest Distributions

• Investor Relations/LP Communications
• Managing the financial aspects of relationships with Limited Partners on behalf of the firm
• Overseeing the Creation of Quarterly and Annual Investor Reports
• Preparing quarterly financial reports for investors. These reports contain balance sheets (that list the portfolio companies and their fair market value, as well as cash on hand), profit and loss statements, cash-flow statements, and a schedule of investments.
• Evaluating valuation changes applied to positions, ensuring they are sufficiently documented and accurately calculated.
• Producing Supporting Data for LP presentations
• Facilitating LP Engagement with the Investor Relations Teams

• Co-Investments
• Overseeing and facilitating co-investment process from SPV creation to deal closing

• Portfolio Growth
• Portfolio Company Financial Due Diligence
• Analyzing financial data from portfolio companies and providing strategic advice to partners
• Working closely with Firm’s portfolio companies, or serving as the temporary CFO of a portfolio company on an as-needed basis
• Conducting financial due diligence on potential VC investments and prospective limited partners
• Portfolio Construction
• Preparing detailed model for current and future funds by forecasting and planning for capital allocations, including new investments, follow-on investments, and timing exits
• Other Responsibilities: Consulting on general back-office management, offering guidance on best practices, process efficiencies and other administrative questions across the firm

JOB QUALIFICATIONS

• Bachelor’s Degree required, ideally in Economics, Finance or Business Analytics
• CPA, CFA, MBA or Master’s Degree required
• 5+ years of work experience with at least 2+ year(s) experience in financial operations in venture capital, real estate investment firms or private equity;
• Experience in the technology industry preferred
• Excellent interpersonal skills and networking experience
• Demonstrated ability to be a collaborative team member
• Demonstrated ability to develop and maintain effective business relationships
• Ability to develop experience analyzing financial systems for SaaS models, ensuring accurate reporting and data visibility.
• Ability to develop experience with SaaS-specific revenue recognition policies
• Data-driven decision making: Utilizing data analytics to develop strategic financial insights, produce forecasts, and guide long-term growth strategies.
• Familiarity with fund administration platforms and portfolio company valuation software is preferred

Qualified candidates must also meet the following criteria:

• Self-starter and leader who can take initiative as often as necessary to meet the objectives of the role
• Demonstrated integrity and work ethic
• Ability to review large volumes of data and filter it into usable information
• Ability to succeed in a fast-paced environment with minimal supervision (including proactively seeking guidance when needed)
• Demonstrated ability to pivot, if necessary.

ABOUT DALLAS VENTURE CAPITAL

Founded by engineer, entrepreneur, mentor, and investor Dayakar Puskoor, DVC is a team of passionate entrepreneurs on a mission to disrupt the VC-entrepreneur relationship for the better. The deep technology expertise, industry knowledge, and market understanding of our team helps companies overcome the most difficult stages of the entrepreneurial journey and stay focused on what matters most – scaling your business. By turning challenges into milestones and bringing the ‘DVC Advantage’ playbook to our startup ecosystem, we aim to redefine expectations that startups have from the VCs.

Our typical investment stage shows early signs of product-market fit, where our first check size is between $2-5 million. We do follow-on investing in our portfolio, up to a total of $10 million and occasionally will invest prior to the product-market fit stage. Like our DVC Advantage program, our initial capital is focused on enabling startups to scale.

Our primary offices are in Dallas, Texas and Hyderabad, India, but we are actively investing globally.

If you are interested in this role – please email dayakarp@dallasvc.com.