AddressWho Are We?
PieLAB Capital is an investment manager with numerous portfolio companies across three funds. Our flagship fund is a permanent capital fund which invests in and operates small and medium businesses. The investment mandate is sector agnostic, Australian based SMEs with recurring revenue and earnings between $1M and $5M.
We distinguish ourselves from traditional private equity in that we are investors who want to hold businesses for the long term. We refer to our flagship fund as a serial acquirer and are looking to build a sizable portfolio (50-60 companies) by the end of the decade prior to an exit event which may be an IPO.
We are first and foremost a results driven entrepreneurial company made up of great people who love the challenges of building small businesses.
Our Purpose:
To develop people and help them build great businesses.
Our Values:
“Be inquisitive”: At the heart of all PieLAB activities is a thirst for learning and an inquisitive approach to life and business. Only those who maintain a learning mindset become successful business operators and investors.
“Uphold a ‘Get Up And Go’ (GUAG) mentality”: Great business operators have GUAG—they make things happen. They overcome obstacles, refuse to take no for an answer, find solutions where others see problems, and above all, remain passionate about what they do. Great investors require similar energy, relentlessly pursuing and vetting opportunities and helping their investments succeed, year after year.
“Remain generous”: In the business world and life generally, we believe opportunity comes to those who have a reputation for doing good—who are fair in their dealings and treat people well, while also having a proven track record of adding value. At PieLAB, we are generous with our time, knowledge, and expertise in growing businesses, and we are generous with our reward structure for people that genuinely add value.
“Be humble”: Success in business is all about leadership. Humble leaders are better liked, more effective, have a lower sense of entitlement and are more helpful. At PieLAB, humility is key to the collective success of our organisation.
The Position
Reporting directly to the CFO, you will be supported by a knowledgeable financial controller in leading the finance team and working closely with the sales and investment team. You will be responsible for ensuring the accuracy of the finance and compliance functions across the group and providing commercial financial advice to support both PieLAB and our portfolio companies and maximise their performance. Your work will also support PieLAB in our investment decisions.
Key Responsibilities
- Oversee the accounting and reporting obligations including reviewing accounting for the funds, performance and return calculations, investor reporting and annual statutory reporting, including overseeing the external audits.
- Overseeing the group tax obligations including ensuring efficient tax strategy is implemented and consolidated group returns are accurately prepared and filed.
- Lead the group compliance function including overseeing registry for the group, the internal audit function for our portfolio companies, and ensuring all compliance reporting obligations are met.
- Financial due diligence including leading the financial due diligence process, assessing areas of risk and supporting the investment team with their consideration of potential acquisitions.
Skills and Experience
• Strong technical accounting abilities required.
• Audit or risk management experience highly desired.
• Strong communication and stakeholder engagement skills.
• Strong understanding of the Australian tax environment, including grouping and tax planning experience desired.
• Highly advanced Excel abilities necessary and experience in three-way modeling desirable.
• Experience dealing with small to medium sized businesses desired.
• CA/ CPA qualifications necessary
• Australian permanent resident
Where will I work from?
PieLAB is based in Brisbane, although we have companies that operate or have Head offices all over Australia. We typically only invest in Australian companies, but we suspect over time we’ll invest further afield. We work from the office at least 2 days a week, although some people prefer to do that more often.
Can I invest in the fund?
We’re big on people having skin in the game, and we hope you’ll see the benefit of personally investing alongside us in what we do. So yes absolutely you’ll have the opportunity if that’s something you’d like to do.
