Vice President, Strategy & Finance – Talento Ventures
The Vice President, Strategy & Finance is a newly created role that serves as the key strategic planning, financial planning & analysis, and business formation leader for an emerging venture capital organization named TalentoVentures with operations in Medellin, Colombia & Miami, United States of America.
TalentoVentures has been formed to incubate previous TalentoHumanCapital customers who have existing business ventures need to scale while also developing a pipeline of new business innovation from the same network of relationships. This network is comprised of 100’s of millionaires and successful entrepreneurs who have capital and successful businesses that require support in new business formation, business & commercial strategy, human capital strategy, organizational design, executive & professional recruiting, financial planning & capital strategy. Etc. TalentoHumanCapital is a on a growth trajectory in the $700b staffing and recruiting to achieve $1B in revenue by 2040.
Our Vision & Mission
- Through Talento’s unique bundling of solutions, establish our best practice standards as the go-to service model within the $500 billion staffing and recruiting industry.
- Transform hiring managers’ expectations of recruiting partners, one customer at a time.
- Earn the partnership of HR teams to seamlessly extend their capabilities through Talento’s customer experience model.
- Elevate the mindset of recruiting in an organization from transactional to strategic. Ø Raise the caliber of human capital in the markets and communities we serve through the businesses and people we touch.
What guides us?
- Lead our customers and communities to create modern workplaces & cultures that harness the strength of diversity and talent
- Integrate talent & organizational solutions to reduce complexity and increase efficiency for our customers
- Discover the right human capital solutions that enhances the performance of our customers’ businesses
- Optimize the things our customers excel at as we obsess over how to continuously capitalize on the human side of business
Why would Talento make sense for me?
Talento equips its associates with the mindset and tools to make a meaningful impact through its suite of talent and organizational solutions, one customer at a time. Imagine having the tool belt of an organizational engineer to support your customers strategic and tactical human capital needs. Talento’s world class business professionals develop, manage, and deliver solutions that help businesses continue to scale and provide quality experiences time and time again.
Who is Talento?
At Talento, we are customer-obsessed advisors with trust-based customer relationships throughout high growth, middle market and enterprise companies. Our exceptional team of recruiting advisors coupled with valuable consulting resources enable us to respond swiftly. Whether a business is merging, growing, divesting or retooling their approach, a trusted advisor who can integrate free-of-charge consulting resources is what our customers have grown to rely on. This bundling of services separates us from the mass market with a unique competitive advantage and value-add. We are proud geeks for all things people! Talento was recognized in 2021 by SIA as Top Diversity-Owned Firm and by the South Florida Business Journal as the #2 Fastest Growing Firm.
Job Summary
As the Vice President, Strategy & Finance for TalentoVentures, you will found a venture capital fund that has developed from a 20 year legacy of driving the launch, growth, and optimizaition of businesses across the globe. The Vice President will contribute to the development of the organizations long term and short-term business plans with a focus on planning, budgeting, and financial performance management. The CFO is a leadership position that contributes meaningfully to the strategy for the company with a well-rounded approach to general business matters across a variety of topics.
Reporting to the CEO, the CFO ensures integrity by providing process knowledge, technical expertise, and reporting leadership with a strong focus on timeliness, accuracy, and consistency. The CFO’s management skills, knowledge of accounting and financial forecasting, and skillful partnership building with play a crucial role in advancing companies vision and goals. This role will drive the creation & maintenance of robust operating & financial models, manage annual budgets, oversee quarterly& annual planning process, track performance against forecast, and maintain a seat at the table in steering the business.
Responsibilities
Leadership
- Develop a comprehensive plan for the organization to plan and execute on its objectives.
- Create balanced scorecards and define the organizations KPI’s for effective management.
- Provide insights and recommendations to CEO and leadership team ensuring the organization is on track to execute on its short-term and long-term growth plans.
- Implement policies, procedures and processes to scale and manage the organization effectively.
- Mentor and develop finance team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic. Serve as talent champion developing the future leaders of the company.
- Develop a holistic understanding of the company's financing needs and options.
- Develop a strong “feel” for the business & operations. Constantly suggest and implement ways to improve business performance.
- Work with executive leadership & functional heads to establish product-level P&Ls and department budgets.
- Ensure all finance & accounting functions (month-end close process, FP&A, treasury, tax, accounting, payroll, etc.) are operating smoothly.
- Interface with institutional investor, private equity, banks, and multiple finance entities on behalf of the organization.
Venture Capital Fund Launch
- Develop the investment & capital strategy to launch the venture capital fund in Colombia or USA.
- Partner with legal firms to develop the appropriate legal dominion and corresponding entities.
- Partner with the CEO of TalentoHumanCapital as the strategic lead for founding a venture capital fund, serving as the first member of the fund.
Portfolio Company Pipeline Development & Management
- Develop end to end pipeline of companies to invest in.
- Develop 10 year strategic plan by portfolio encompassing vision, mission, values, market fit, macro and microeconomics, financial models, investment thesis, and growth strategy to create the funds baseline of portfolio companies to be incubated and invested in.
- Develop new pipeline opportunities.
Financial & Strategic Planning
- Develop overall venture fund organization FP&A strategy alongside each platform & portfolio companies financial strategy.
- Set management cadences ongoing rhythms; Implement a method to managing the business financially taking into account the needs of the peer group and overall company. Coordinate Monthly Business Reviews and Materials.
- Create and establish yearly financial objectives that align with the company’s plan for growth and expansion; Direct and coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency
- Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts; Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, policy change or revenue/profit optimization.
- Analyze and review financial data, reporting financial performance, preparing budgets, and monitoring expenditures and costs.
- Manage cash flow planning process and ensure funds availability, as well as, investments and asset management areas.
- Oversee monthly operating budget and annual company operating budget.
- Coordinate and direct the preparation of budgets, financial forecasts, and report variances; Review and analyze monthly financial results and provide recommendations
- Compares performance with operating plans, budgets, and standards to interpret and report to CEO & leadership team.
- Direct, plan, and implement accounting / finance policies, objectives, or activities for organization in order to ensure continuing operations, maximize returns on investments, or increase productivity.
Treasury & Debt Management
- Lead the fundraising process with private equity, sovereign wealth funds, banking institutions ensuring adequate funding and ROI are delivered to all investors and shareholders.
- Responsible for reporting to lenders/creditors..
- Develop financial valuation models for capital investments.
Special Projects
- Lead projects and perform other duties as directed by Private Equity investors or Business Unit leadership.
Education
- Master’s degree in accounting, finance, or similar field
Experience
- 10+ years of work experience, with a deep focus in finance across topics such as financial effectiveness, CFO advisory, process and policy, technology, operations, organizational structure and strategy, and/or transformation.
- Experience in developing new businesses from greenfield to maturity.
- Proven experience as a Finance executive in a high organization with expertise in organizing and professionalizing business functions.
- Exceptional practical knowledge of accounting and financial processes, including budgeting, financial closures, and reporting.
- Significant experience working with external auditors, internal controls and compliance-related issues.
- Experience leading business & finance transformation initiatives.
- Solid knowledge of GAAP (Generally Accepted Accounting Principles) and regulations.
- Proficiency in MS Office, particularly Excel
- Expertise in accounting software
- Superior attention to detail and problem-solving ability
- Strong analytical and strategic planning skills
- Effective communication, presentation, and interpersonal skills
Behavior Profile
- Enjoys working in an entrepreneurial environment with a passion for living a good life in a great industry alongside good people.
- Superior problem-solving skills and ability to work well under pressure in a demanding environment.
- Enjoys big picture and vision with a balance on tactics and execution; Thinks strategically/end-to-end.
- Excellent verbal and written communication skills with interpersonal skills.
- Demonstrated leadership ability, confidence and executive presence.
- Focused and determined at accomplishing objectives while treating people with dignity, respect and compassion.
The kind of people we work with embody some of these characteristics:
- Innovative, creative and passionate about enabling businesses through talent acquisition
- Pride in delivering quality work, every time with strong business acumen and abilities to learn, retain and apply learned concepts
- Strong solutions mindset: Comfortable working in an environment which requires strong deliverables along with the ability to identify problems and drive appropriate actions; Highly organized and process oriented
- Bias for action, strong work ethic, and desire to achieve excellence
- Enthusiastic team player with a strong drive to ensure a positive work environment. Cares about others success deeply
- Agile; Can pivot priorities with ease while staying calm
- The ability to be comfortable with high volume workload and not be afraid to “roll up your sleeves”
- Relentless seeker of talent with a deep network who is driven by collaboration, learning, doing the right thing and quality human interaction
About TalentoHC:
TalentoHC is a high growth talent & organizational solutions firm. Through Talento Recruiting, we are transforming the customer experience standards in the recruiting services arena. The company was founded in 2017 with the belief that human capital should be viewed as an asset on the balance sheet. Through its integrated human capital services, the Talento team has supported 65+ enterprise, middle market and startup/high growth organizations in 15 countries with recruiting, contingent workforce management, employer branding, strategy, transformation, organization design & implementation, career pathing, outplacement, employer branding and leadership development solutions. Some of the benefits of working for Talento HC are as follows:
- Culture focused on advancing your career while disrupting an industry and providing unrivaled service; Rapid advancement and promotion opportunities based on merit
- Unlimited PTO
- Hybrid work environment
Talento envisions a world where the recruiting industry service model evolves into human capital partnership that drives organizational performance. Through trust and value, you are positioned to offer talent & organizational solutions that separate you from the rest. With 1000+ searches in the last 36 months, Talento Recruiting has established a footprint that is ready to scale to the next level.
Our organization continues to thrive through our ongoing commitment to building an inclusive and diverse workforce from different backgrounds, perspectives, and skills.
Talento Human Capital (HC) is an equal opportunity employer, people are at the center of what we do!
People + Passion + Perseverance = Progress
Build Your Best Team Yet.