Valuations Manager, Octopus Ventures

Whats in it for you

Youll play a key role in shaping our valuation process reporting and analysis as well as contributing to the Ventures valuation strategy across all investment vehicles. Working closely with the Head of OV Valuations youll prepare portfolio valuations analyse company data and contribute to investment track record analysis. Youll gain exposure to the full investment lifecycle work with senior stakeholders and help drive innovation in how we value and report on our portfolio.

Octopus Ventures part of Octopus Group is one of the largest VCs in back founders who are changing the world for the better. We invest where we can make the greatest positive impact getting behind businesses that put people community and the environment first. Our teams are sector experts focusing on seven exciting and meaningful areas: B2B Software Bio Climate Consumer Deep Tech Fintech and Health. We build long-lasting relationships with founders investing as early as an idea on a page and supporting at every stage of growth with funding but also with humility and hands-on support for founders and their teams. 

The Team

The valuations team was set up in 2022 as an independent function within Octopus Ventures and continues to grow and develop into an integral part of the fund operating and management processes. Part of the wider Octopus Ventures Operations function this team is responsible for valuing all the portfolio companies we are invested in and reporting on the performance of the Ventures funds. The team currently consists of four valuation professionals including two valuation managers and two associates reporting into the Head of OV Valuations. 

The valuations team work closely with the Investment Managers to understand valuation drivers within our portfolio companies the investment thesis and company performance. We also work hand-in-hand with finance and operations teams to produce internal reporting both Retail and LP investor reporting and Annual Reports and other material key for Ventures stakeholder addition we also prepare fund performance analysis to help inform portfolio management decisions. 

What youll be doing

Youllplay a key part in shaping the valuation process reporting and analysis. Reporting into Head of OV Valuations youll lead in the preparation of portfolio valuations engage in the collection and analysis of portfolio company data and be a key contributor to investment track record analysis. 

The ability to engage well with various stakeholders and core colleagues will be important from the outset. Ideally youll have experience in and passion for valuing private companies be highly proficient with Excel have strong attention to detail and enjoy working with data. Youll have a bias towards efficiency and take pride in the quality of your work output.  

Key Responsibilities:  

 Portfolio Valuations

• Lead the preparation of individual company valuations on a bi-annual or quarterly basis including forming draft valuation conclusions
• Own the endtoend delivery of a portfolio of valuations ensuring timely completion and coordinating reviews to meet internal and external reporting timelines.
• Gather and analyse portfolio data market comparables and build valuation models (including waterfall modelling)
• Draft valuation papers with commentary on company performance methodology and triangulation
• Present valuations to the Valuation Committee and support sign-off processes with the Fund Board and auditors
• Manage the audit process and ensure documentation is audit-ready
• Support the development of the Ventures Valuations team contributing to a collaborative and highperforming culture which encourages continuous learning 

Fund Performance

• Provide clear data-driven analysis on fund performance and its key drivers
• Benchmark fund performance against relevant peers to support portfolio management decisions

 Investor & Board Relations

• Support the preparation of investor reports providing insights into portfolio performance
• Collaborate with Investment Partners and Marketing to develop materials for fundraising AGMs and board meetings

Qualifications :

Valuation experience essential - most likely in a consulting firm some of which will have been spent working on portfolio valuations for private equity venture capital or alternative investment space. 

ACA / ACCA qualified or CFA charter holder(preferred but not essential) 

An understanding of International Private Equity and Venture Capital Valuation Guidelines. 

 Venture capital knowledge: An understanding of venture capital deal structures is preferrable including cap tables preference waterfalls and fund economics.

Advanced Excel skills including financial modelling scenario analysis and working with large datasets

Additional Information :

A competitive salary bonus pension and share incentive plan 
Untracked holiday 
Hybrid working most of our people spend 3 days a week in the office 
Anchor (our wellness hub) which includes Headspace one to one coaching through Wellness Cloud Digital GP Shout & more 
Up to 6 months paid parental leave regardless of gender 
Life insurance critical illness cover and income protection 
Private medical insurance for you and your family 
Electric vehicle leasing 

Our Values 
At our core we believe that how a company behaves is just as important as what it does. Thats why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders employees customers communities environment and shareholders are considered in every decision we make. 

We are committed to building a workplace where diversity is valued and inclusion is a priority. By providing equal opportunities for growth and development we embrace and celebrate all races genders religions sexual orientations ages disabilities and socio-economic backgrounds. We believe teams achieve their best when every member feels safe respected and empowered to be their authentic selves.

Were proud to be disability confident and are committed to supporting candidates with a disability including neurodiversity and mental health conditions throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process well be happy to accommodate where possible.

Remote Work :

No

Employment Type :

Full-time