Financial Controller
Folklore
- Closing: 4:00pm, 11th Jun 2021 AEST
Job Description
About us
Folklore is a team of investors, founders, and builders committed to supporting Australian and New Zealand tech founders. We’re a first cheque to forever venture capital firm and believe in the power of founder vision and the potential of teams, right from the start.
Founded in 2013, we’ve proudly invested in companies like Auror (crime-fighting technology), HealthMatch (revolutionising clinical trials with AI), and Swoop Aero (autonomous aeromedical drone logistics), and we're currently raising our third fund. We’re now bringing on a full time Financial Controller to oversee Folklore’s finance operations.
You can find out more about our team, and the work we do Insights.
The role
This is an exciting opportunity to be a core part of the Folklore team. The Financial Controller role is a nexus for the next stage in Folklore’s journey as we scale. We are focused on the long game, with an ambition to build a generational VC firm made up of a talented and diverse team.
The role is highly collaborative and cross-functional, where you will be responsible for all areas of the firm’s Finance function, working closely with our Partners, investment and Investor relations team, external accountants and external auditors (PWC and EY).
The main goal of the Financial Controller role is to ensure that Folklore’s accounting functions are exceptionally well organised, operationally smooth, and to ensure our firm, investors and stakeholders have high-confidence in this aspect of the firm's operations.
Core activities:
Management accounting - collaborating and overseeing our external accountants to manage all the financial requirements of our firm day-to-day. This includes, but not limited to payroll, month-end reconciliations, ATO reporting requirements, preparing financial reports, internal financial reporting, year-end accounts, and budgeting;
Fund accounting - working with our external accountants and investment team to manage the ESVCLP and fund accounts including reconciliations, valuations, preparing financial reports, fund audits and tax returns;
Investor reporting - working closely with the Investor relations team to implement calls and distributions from the funds to the investors, annual investor reporting requirements and prepare regular, timely, accurate and insightful reporting to our investors about our portfolio companies;
Compliance - working closely with the team to ensure that Folklore is at all times compliant with policies and regulations, especially relating to AFSL, ESVCLP, AML/KYC and FATCA;
Always looking for ways to improve our processes and to better our performance.
You will be a good fit if the following describes you:
Love all things finance and accounting and might aspire to become a CFO of a venture capital firm;
Highly organised, detail-oriented, and proactive;
Team-oriented personality, highly motivated and self-directed with an ability to multitask;
Ability to drive into the weeds and zoom out to think strategically on a day to day basis;
You are a strong communicator;
You’re comfortable working in a fast-paced environment with changing priorities;
You are a systems thinker who relishes change and implementing frameworks and systems;
Role Requirements
Degree in Accounting/Finance, with a CA/CFA (or equivalent) and 7+ years experience
Strong accounting and analytical skills;
High proficiency in Microsoft Excel and Xero.
A practical, outcomes-driven approach to work;
Preferable experience within a fund’s management environment (Private Equity or Venture Capital);
Passion for technology and driving our society forward.
Location and resourcing
The role is based in Sydney
The firm anticipates hiring additional talent into our financial operations functions.
Folklore embraces:
A flexible working arrangement in exchange for a culture that is not ‘9 to 5’ in practice.
Paid parental leave — 12 weeks for the primary carer and 4 weeks for a secondary carer, subject to a 12-month minimum tenure.
An additional 1 week parental/personal leave per year
An annual budget for your learning & self-development
Removing bias from the hiring process
Applications closed Fri 11th Jun 2021
Removing bias from the hiring process
- Your application will be anonymously reviewed by our hiring team to ensure fairness
- You’ll need a CV/résumé, but it’ll only be considered if you score well on the anonymous review
Applications closed Fri 11th Jun 2021