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Financial Operations Specialist

2 months ago


Toronto, Ontario, Canada FutureSight Full time
About the Role

FutureSight is seeking an experienced and highly detail-oriented finance professional to join our team as a Financial Operations Specialist. The ideal candidate will have a background in analyzing and preparing financial statements, investor reporting, and forecasting for businesses.

This role requires a strategic thinker with exceptional analytical skills. The candidate should possess strong communication abilities to guide and support our portfolio companies through their growth journeys.

As a Financial Operations Specialist, you will be responsible for managing and coordinating the Fund and Venture Studio's finance, operational, and administration functions. You will work closely with the CFO to ensure compliance with Tax, Legal, and Regulatory requirements.

Key Responsibilities
  • Investor Reporting
    • Assist with existing Limited Partner (LP) communications and the preparation of materials (e.g., quarterly reports, deal pitchbooks, meeting notices, presentation decks).
    • Collaborate with the Venture Development team to provide portfolio company updates to LPs.
    • Support various operational aspects during fundraising, including LP diligence requests, data room management, and deck preparation.
  • Fund Finance and Compliance
    • Track and issue relevant LP documents, including Drawdown Notices, Capital Calls, and Management Fees Calculations.
    • Assist the CFO in ensuring compliance with Tax, Legal, and Regulatory requirements.
  • Fund Operations and Administration
    • Maintain organization of the Fund's client contracts and agreements.
    • Ensure timely and accurate documentation and record-keeping for all venture-related activities.
    • Liaise with external parties, such as lawyers and accountants, on matters including Venture Incorporations, Shareholder Agreements, Venture Employment, Commercial Contracting, and Legal proceedings.
  • Startup Finance for Portfolio Companies
    • Monitor and communicate on each venture's financial status, including their survivability, fundability, and fundraising needs.
    • Develop and maintain cap tables and financial forecasting for the ventures.
    • Prepare monthly financial reports and conduct monthly financial meetings for each venture.
    • Execute Financial Planning & Analysis (FP&A) for the ventures.
    • Act as a compliance and governance board member for ventures.
Requirements
  • 3-5+ years of early-stage startup finance and accounting or similar experience
  • Venture capital, startup, or investment banking experience is a plus
  • Strong understanding of financial statements and investor reporting
  • Knowledge of the technology/startup space is a plus
  • Self-motivated and driven with willingness to learn
  • Ability to be decisive and urgently raise issues
  • Excellent communication (both written and verbal)
  • Detail-oriented with strong project management, organizational skills, and process management
  • Outstanding judgment around confidential and/or sensitive information
  • Highly proficient with Microsoft Excel or Google Sheet
  • Excellent organizational and administrative skills
Benefits
  • Competitive Pay with Future Equity Earning Potential
  • Hybrid Work Environment
  • Healthcare Benefits
  • Workspace benefits for Home Office
  • Flexible Vacation Time
  • Access to co-working at top-tier Canadian Innovation Hub
  • Be a part of a forward-thinking and collaborative team
  • Exciting opportunities to work with multiple new innovative breakthrough startups
  • Highly entrepreneurial, fast-paced environment, with a bold 10-year vision that we want you to contribute to