Valuations Associate, Octopus Investments
+ Share incentive plan
3+ days a week in office (Holborn, London)
Ethical Investments
Be an early applicant
Ethical Investments
1001+ employees
Be an early applicant
+ Share incentive plan
3+ days a week in office (Holborn, London)
1001+ employees
Company mission
Octopus Group is a B Corp whose mission is to invest in the people, ideas and industries that will help change the world.
Role
Who you are
- ✅ 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
- ✅ Superior Excel skills
- We encourage you to apply even if you don’t tick every box. What’s the worst that can happen?
- This role will evolve as we grow and develop. So, if you are looking for a challenge in a fast paced and dynamic business, we can deliver on that
What the job involves
- You’ll play a key part in shaping the valuation process, reporting and analysis. Reporting into the Head of Ventures Valuations, you’ll help with 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
- Understanding, monitoring and reporting on the performance of our portfolio companies post-investment is an important function of our business
- 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. It is responsible for valuing all the portfolio companies we are invested in the Ventures’ funds
- We 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 and LP reporting, Annual Reports, and other material key for Ventures’ stakeholder management
- Supporting the preparatory work for reporting valuations including internal information gathering, model roll forwards and taking on the project management of the process, including organising preliminary and review meetings with stakeholders and minute taking of portfolio review meetings
- Preparation of individual portfolio company valuations, typically on a bi-annual basis which includes:
- Collation of portfolio data, gathering of relevant market comparables, valuation model building (including waterfall modelling)
- Preparation of valuation papers, including commentary on trading performance, justification for selected valuation methodology and selected input, additional commentary on triangulation
- Preparation of materials required to support the valuation sign-off process for the Valuation Committee, the Fund Board and the auditors
- Attending Valuation Committee meetings as observer and be responsible for taking appropriate and accurate minutes of the discussion and conclusion
- Taking responsibility for evidence gathering, filing and audit trails including supporting on the audit and fund administration processes
- Preparation of regular analysis on fund performance and underlying drivers of this
- Preparation of various analysis needed for marketing and financial reporting
- Supporting in the day-to-day execution and ongoing enhancement of all ventures valuations workstreams, including taking ownership of model improvements
Salary benchmarks
Our take
Octopus is a group of companies investing in innovative ideas from various industries. The Octopus Group incorporates Octopus Energy, Octopus Real Estate, Octopus Investments, Octopus Ventures and Octopus Labs.
Across their financial services business, they care as much about the impact their investments have, as they do about the returns that they generate for their investors.
Since its inception, the company has grown significantly and has more than 3 million domestic customers and now actively operates in 6 countries.
Steph
Company Specialist at Welcome to the Jungle
Meet the team
10 people
Jessica Bourdon-Pierre, Portfolio Manager
Insights
Company
Employee endorsements
Flexible working
"Your job and your life can be organised flexibly. I do school runs and finish early to get family time and catch up in evenings on missed time. "
Company benefits
- Critical Illness Cover & Death In Service
- Health Insurance
- Pension Plan
- Performance Bonus
- Share Incentive Plan
- Hybrid Working (3 days in the office, 2 days remote)
- Childcare Vouchers
- Sick pay
- 'Take what you need' Annual leave
- £3000 Bike to Work Scheme
- Employee Discount Portal
- Professional Development & Training
- Monthly 'Drink Up'
- The Greatest Christmas Party Ever
Company values
- Be Helpful: We like people who behave like it’s always day one and who remember that without our customers there is no business.
- Be Straightforward: We like people who have opinions and who express them in a way that’s respectful and easy to understand
- Be Bold: We like people who make decisions quickly and who are OK changing their mind if it turns out there’s a better way of doing things
Company HQ
Holborn, London, UK
Articles
Leadership
Simon Rogerson
(CEO)Previously worked at Octopus Investments for 20 years, first as Chief Executive and co-founder for 19 years and then as Executive Chairman for 1 year.
Chris Hulatt
(Co-Founder)Previously Investment Manager at Mercury Asset Management for 2 years and Non Executive Director at ClearlySo for 4 years.
Diversity, Equity & Inclusion at Octopus Investments
Riean Stewart (Portfolio Talent Associate)
- 50/50 gender split across all senior leadership roles (currently 43% female / 57% male)
- 15% of managerial roles and above will be held by people from an ethnic background (Currently 8%)
- We partner with Black Young Professionals network, Investment 2020, Work180, Women in Finance, 10,000 Black Interns and more to promote D&I at Octopus and in the Investments industry
- We host events aimed at women in the financial services industry and how we can attract & support people in this space
- We host internal D&I events on how to support ethnic backgrounds in the workplace, Neurodiversity and more!
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