Vice President — Finance

Austin, TX

Pennybacker Capital is seeking a Vice President of Finance to join its dynamic and entrepreneurial team in Austin, TX, reporting to the Chief Financial Officer/Chief Compliance Officer. Pennybacker Capital is a rapidly growing private equity firm that invests in real assets in select growth markets of the United States. Pennybacker’s stellar reputation of performance and integrity has produced a stable investor base with major institutional investors and family offices. We are looking for a highly motivated, qualified professional with a proven track record of achievement and teamwork to join our team. The ideal candidate will share Pennybacker’s philosophy of integrity, transparency and honesty.

JOB LOCATION

The role will be in-office in Austin, TX the majority of the time with moderate WFH flexibility.  Candidates must reside in or around Austin, TX or be willing to relocate prior to start date.

ESSENTIAL FUNCTIONS

  • Review and oversee institutional reporting, waterfall calculations, ad hoc investor reporting requests, due diligence requests, marketing materials, etc.
  • Create, update, and review fund models
  • Assist in the negotiation, execution, and management of subscription lines of credit and manage ongoing reporting requirements
  • Understand and monitor compliance with legal obligations related to the various governing documents for funds and other investment vehicles
  • Monitor liquidity of various funds; assist in determining the timing and construction of capital calls and distributions
  • Provide fund-level information to theInvestments and Portfolio Optimization teams to obtain and maintain deal-level debt
  • Assist with completing compliance reporting, annual ADV preparation, ongoing reviews of investor materials, coordination with third-party compliance consultant, etc.
  • Corporate operations (contract negotiation and review, corporate insurance, etc.)
  • Coordination with third-party legal counsel on fund and corporate initiatives
  • Manage and mentor junior team members
  • Create and maintain corporate budgets and forecasts
  • Create ad hoc models and analyses as requested by management

QUALIFICATIONS — REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

  • Undergraduate degree in accounting, finance or other technical field or 7+ years relevant experience; advanced degree,CPA, and/or CFA preferred
  • 3+ years of work experience in private equity, banking, commercial real estate or other investment/finance-related area
  • Must have experience with fund structures and waterfall calculations
  • Strong technical skills in accounting and finance with advanced knowledge of Excel, PowerPoint and Word; willingness tolearn new technologies
  • Attention to detail with a high degree of accuracy
  • Confident under pressure and comfortable meeting deadlines
  • Self-starter with strong analytical and problem-solving skills
  • Highly organized and detail-oriented with the ability to multi-task and balance competing priorities
  • Experience managing and mentoring team members
  • Strong interpersonal, oral and written communication skills


ASSESSMENT

To be considered for this position, please take the following steps:

  1. Email your resumé and contact information to info@pennybackercap.com.
  2. In addition to providing your resumé, applicants are also required to take the behavioral assessment located here. The behavioral assessment should take less than 10 minutes to complete. It is not a test, and there are no right or wrong answers.

Note that we are not accepting new recruiter relationships at this time.  Messages from recruiters will be deleted.

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