Portfolio Operations Director

6 days ago


Raleigh, North Carolina, United States Tiverton Advisors LLC Full time
About Tiverton Advisors LLC

Tiverton Advisors LLC is a leading investment advisory firm specializing in the agricultural market. With over $2 billion in assets under management, the company is headquartered in Raleigh, North Carolina, and has a presence in several other locations.

Job Description

We are seeking a highly skilled and experienced Vice President, Portfolio Operations, to join our team. The successful candidate will be responsible for providing top-notch financial modeling and accounting expertise to Tiverton Advisors LLC and its portfolio companies.

Key Responsibilities
  • Financial Process Development: Partner with portfolio company senior leadership to establish best-in-class accounting and financial processes, including the monthly close process and financial statement reporting.
  • Working Capital Management: Monitor working capital, credit facilities, and cash management, including a rolling 13-week cash forecast.
  • Budgeting and Forecasting: Collaborate with deal teams and portfolio company senior leadership to develop an annual budget, forecast, actuals-to-budget with variance analysis and commentary.
  • Performance Analysis: Conduct in-depth analysis of portfolio company performance, identifying areas for improvement and growth opportunities.
  • Key Performance Indicators (KPIs): Develop various industry-leading KPIs, dashboards, and other metrics for board presentations.
  • Strategic Planning: Partner with senior leadership to develop and implement strategic plans to maximize investment returns.
  • Value Creation: Co-lead key strategic value creation ideas, post-acquisition synergies, and capital expenditures optimization.
  • Process Optimization: Develop and participate in portfolio companies' process optimization, system implementation, and internal control projects/enhancements.
Requirements
  • Education: Bachelor's degree in accounting, finance, economics, business, or other related majors.
  • Experience: A minimum of 8+ years' experience in public accounting, financial analysis, or a consulting role, with a proven history of execution at a detailed level as well as increasing responsibility over time.
  • Professional Certifications: CPA preferred.
  • Skills: Strong quantitative and analytical capabilities, excellent verbal and written communication skills, dedicated work ethic, commitment to enhancing the team, and problem-solving skills.
  • Entrepreneurial Mindset: Entrepreneurial attitude and desire to work for a dynamic and successful organization.
  • Industry Knowledge: Awareness of the mechanics of financial statements and enterprise value in the private equity context.
  • Travel Requirements: Willingness to travel, as needed (potential to be ~30%).


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