Private Equity Valuation and FP&A

Five Elms Capital is seeking a Senior Associate for Valuation & Financial Performance in Kansas City, MO. This full-time role involves managing quarterly valuations for portfolio companies, fund performance reporting, and supporting the Investment Team. Candidates should have over 5 years of business valuation experience, particularly in private equity. The position offers exposure to firm leadership in a collaborative environment, emphasizing adaptability and initiative.
Senior Associate, Valuation & Financial Performance

Kansas City (Onsite)

Full-Time

ABOUT FIVE ELMS

Five Elms Capital is a growth investor in B2B software platforms, providing capital and resources to help software founders accelerate growth and strengthen their position as industry leaders.

Founded in 2007, we have over $3 billion in assets under management, more than 70 investments globally, and are currently investing out of our $1.1 billion sixth fund.

Headquartered in Kansas City, our 80+ person team operates with a collaborative, entrepreneurial culture. Junior team members have direct exposure to firm and portfolio leadership and are encouraged to make an impact from day one.

WE OFFER A UNIQUE OPPORTUNITY IN PRIVATE EQUITY

Five Elms is adding a Senior Associate, Valuations & Financial Performance to its Financial Operations team. In this role, you will be responsible for managing the quarterly valuations process for Five Elms’ portfolio companies. You will also work closely with the Investment team, Investor Relations team, and senior partners on various financial planning and analysis projects, including fund performance analytics, investor reporting, fundraising, and performance benchmarking. Five Elms is a dynamic, fast-paced environment, serving entrepreneurs and our investor demands with precision, adaptability, and initiative, and your role is no exception.

YOU WILL HAVE A BROAD SET OF RESPONSIBILITIES

Portfolio Company Valuations
• Lead the quarterly valuations process, including portfolio company performance analyses, waterfall modeling, and scenario analyses
• Prepare materials and lead quarterly presentation to the Five Elms Valuation Committee with a focus on presenting trends and valuation drivers most relevant to the business

Fund Performance Reporting
• Track, monitor, and report the performance of the Five Elms funds and underlying portfolio companies for the firm and our investors
• Develop and maintain fund-level waterfall models that aggregate outcomes across multiple portfolio companies, testing various exit scenarios to forecast investor distributions and carried interest in alignment with fund terms
• Partner with the Investor Relations team to prepare materials for timely and effective investor reporting, support new fund launches, and respond to investor requests

Investment Team and Portfolio Company Support
• Model fund-level outcomes under varied follow-on, structuring, and exit assumptions to enable the Investment Team to make data-driven investment decisions
• Partner with the Investment Team and portfolio company leadership during exit processes to ensure timely and accurate modeling of distribution waterfalls and related flow of funds fully aligned with company governing documents and related transaction agreements

IS FIVE ELMS RIGHT FOR YOU?

You have the right experience and interests. You bring 5+ years of business valuation experience. Strong preference for experience valuing complex and illiquid private equity investments.

You provide subject matter expertise. You are able to accurately and efficiently execute and manage portfolio valuations. You’re familiar and comfortable with key financial models and valuation techniques and are able to make accurate assumptions and conclusions from them.

You’re a strong communicator. You liaise with stakeholders, including investors and senior partners, and communicate findings in a succinct and actionable manner, both written and verbal.

You’re highly motivated. Outstanding academic credentials, relevant work experiences, high attention to detail, emotional intelligence, and interesting experiences are table stakes. You continuously stay up to date with, and implement, industry best practices.

Five Elms is a firm where senior team members lead from the front; driving investments, supporting founders, and mentoring the next generation of talent. You might be a strong fit if you:
• Have a strong track record of valuing complex, illiquid private equity investments
• Possess direct experience utilizing various valuation approaches, including discounted cash flow, comparable company, and precedent transactions, with a thorough understanding of complex equity structures
• Navigate ambiguity well and make sound decisions with imperfect information
• Are energized by coaching junior team members and shaping firm strategy
• Value a culture that prizes humility, accountability, and curiosity
• Want to help build an enduring company while continuing to grow as a leader

This is a high-impact role with significant ownership and visibility. If you’re looking to do meaningful work with a team that values performance without ego, we’d love to connect.