CFO

About BackingMinds:

BackingMinds is an early-stage Swedish venture capital company that supports startup entrepreneurs with non-traditional backgrounds. Our firm is guided by the belief that exceptional founders are often overlooked, and we are dedicated to helping them grow their companies. We are currently investing from our second fund, and our portfolio includes successful companies such as CemVision, Transfer Galaxy and TrusTrace. We are a small team of 7 people and are now seeking a full-time CFO to join our team.

About the role:

As the CFO, you will have overall responsibility for the company's financial strategy and management. You will play a pivotal role in driving growth and development by ensuring efficient financial operations in the funds as well as assisting with new investments and managing existing investments. As CFO you’ll be reporting directly to the CEO and you work closely with the founding partners as well as portfolio companies.

 

This full-time role is based in Stockholm, with the option to work remotely. Key responsibilities include:

  • Assuming overall responsibility for budgeting, forecasting, and financial reporting of the funds and management entity;

  • Driving the company's financial planning, ensuring cash flow and balancing revenues and costs;

  • Manage the process all capital calls and distributions to the investors in the funds;

  • Prepare and review reports to investors in the funds;

  • Collaborating with the investment team to establish valuation models and routines for reporting to investors and authorities;

  • Manage financing rounds for new investments including: cap table review, term sheet and docs reviews together with the investment team;

  • Prepare financial models and design all internal reporting metrics necessary to monitor and manage the performance of portfolio companies; and

  • Strategically and operationally lead the work of streamlining and digitizing the company's finance function.

     

Qualifications:

  • University degree in economics, business administration, or a related field

  • Proficient in spoken and written Swedish and English

  • Excellent skills in Excel and Microsoft Office

  • Experience in the startup sector or venture capital in a similar role

What sets BackingMinds apart?

By joining the BackingMinds team, you will play a crucial role in our mission to support exceptional and overlooked founders, helping them thrive. But that's not all – as our CFO, you'll gain invaluable experience and exposure within the startup sector. You'll have the opportunity to attend top-notch events, network with industry leaders, entrepreneurs, and investors at the forefront of the startup ecosystem. This will provide you with exceptional learning experiences, keeping you updated on the latest trends, innovations, and emerging technologies. You'll have the chance to exchange ideas, build connections, and contribute to the vibrant startup community.

Contact Information:

To apply, send your CV and Cover Letter to our Managing Partner Sara Resvik at sara.resvik@backingminds.com