Portfolio FP&A Manager
Blackbird
- Closing: 5:54pm, 29th Mar 2021 AEDT
Job Description
Blackbird is hiring a Portfolio FP&A Manager to chart the progress of Australia’s and New Zealand’s greatest technology companies.
About the Role
Blackbird is home to a wealth of proprietary data accumulated through investing more than a billion dollars into a portfolio of 68 companies over the last decade. These include some of the most successful Australian startups such as Canva, Zoox, SafetyCulture and Culture Amp.
You will help transform this pool of data into a set of insights that will be shared internally to help our investment decisions and externally with our LPs to help support their decision to invest in Blackbird funds and co-investments.
These are the jobs to be done:
Manage the data.
Build and maintain the pipelines of data for each of our company relationships encompassing two important types of information:
The ongoing operational and financial metrics of a portfolio company’s progress;
Ownership information (like how much we invested in each round and when we invested) related to Blackbird’s investments in those companies
Bring the data to life.
Quarterly reports and presentations on portfolio progress (e.g. growth and efficiency of SaaS companies) for internal consumption
Upgrading the Semi-Annual Reports we provide our LPs with greater portfolio analysis
Benchmark the Blackbird portfolio to publicly listed companies
Create simple tools to allow team members to query the data
Add additional context to investment decisions via ad-hoc analysis and benchmarking when fundraising rounds occur in the portfolio
Answer questions about the data
Liaise with LPs on portfolio level data-related questions during the co-investment process and Blackbird’s own fundraising
Work on ad-hoc projects with the investment team on areas of research interest
Work with the operations team to improve investor reporting
Share your lessons with the portfolio companies to upgrade their own internal efforts
Key Skills Required
Your background is less important than your skills, which should include the ability to:
Work with numbers and navigate company financial statements and performance reports
Understand the key performance metrics of businesses in different markets
Analyse and interpret data to synthesize key insights
Communicate well and create effective presentations and reports
Use core work tools in the role such as excel, google sheets and presentation software
Work independently and execute effective project and time management
Position Requirements
Non-negotiable values and attributes:
Truth - You have a deep discomfort with data not being in a clean, truthful state and once you have wrangled it into a good place, are process-driven to ensure that it will always remain so
Entrepreneurial - do, don’t tell; you are biased to action. When we make mistakes, we fess up to them, solve them and don't dwell on them. It is more important to move quickly than to be perfect. You must be able to come up with the idea, refine it into the most minimally viable yet awesome version and build it yourself.
Humility, low-ego - we are a small team, no-one is too good to do anything/everything. We all take out the trash.
Hospitality Mindset - In our dealings with founders and investors, we take a hospitality mindset. We serve our founders, not the other way around. We are about people, not companies. Similarly, we treat our colleagues with generosity and respect. One team, one dream.
Product Mindset - Can you scale it exponentially (rather than linearly)? Things that are scalable: culture, communities, protocols, languages, directories, playbooks, software etc. Things that are not scalable: service relationships.
We’re looking for someone who is as obsessed as we are about building an iconic investment firm. You must have a high ownership mentality, deep comfort with autonomy, confidence in your thought process, and willingness to adapt it to new information, a hunger for finding the truth, and a desire to help founders bring their better version of the future into the present.
You do not specifically need to have worked at a venture capital firm or a startup, but you do need to have a passion for and demonstrated interest in technology companies. We love it when people have bootstrapped themselves into a skill as much as gaining the skill from working at an established organisation.
Working at Blackbird
We believe that building a diverse and inclusive team is critical to Blackbird’s success. We do not discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age, or marital, veteran, or disability status. We use Applied to ensure every applicant gets an equal chance of success.
Our December 2020 Culture Amp engagement score was 93.
We offer:
Flexible working: Whether it’s working from home or leaving early to pick up the kids from daycare or school.
Generous parental leave: We know family comes first and we are proud to offer generous parental leave — 16 weeks for the primary carer and 6 weeks for a secondary carer, subject to a 12-month minimum tenure. This includes a continuation of super payments while on unpaid parental leave and a supportive return-to-work policy.
Learning & Development: Our team is hungry to continuously learn and you’ll receive a $5,000 annual budget to spend on whatever you’d like to learn — from coding courses to meditation.
Unplugged weekends: We work hard without letting work get in the way of life. We’ve implemented no Slack or emails on weekends, so you can switch off.
Sharing in Blackbird’s success: We think it is important to share successes with the whole team. All Blackbird employees receive carry or in our funds and are owners in the management company.
Blackbird is a Pledge 1% member — we pledge 1% of our time, equity and profits to help not-for-profit causes in our community, with a focus on creativity in young people. You can read more about the Blackbird Foundation here.
About Blackbird
Blackbird is a venture capital firm whose mission is to supercharge Australia and New Zealand’s most ambitious founders. We do this by raising venture capital funds, investing in the best startup companies and helping them succeed.
Like the companies we back, we want to build a business that lasts for decades and produces excellent returns.
We’ve written a lot about what we love at Blackbird, so check out our blog if you want some more information about us. In particular, you should read about our mission and values, our master plan, and what we look for in founders.
Good Luck!
Removing bias from the hiring process
Applications closed Mon 29th Mar 2021
Removing bias from the hiring process
- Your application will be anonymously reviewed by our hiring team to ensure fairness
- You won't need a CV to apply to this job
Applications closed Mon 29th Mar 2021