Apply on Employer Site

Heritage Point · 1 day ago

Private Equity Portfolio Operations

California, United States

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Heritage Point Partners is a Los Angeles-based private equity firm focused on acquiring and building lower middle market businesses. They are seeking a Portfolio Operations Senior Associate/Vice President to drive value creation across their portfolio of companies, working directly with partners and management teams.

Angel InvestmentFinancial ServicesVenture Capital

Responsibilities

Work directly with partners and portfolio company management teams

Take real ownership of the value creation initiative activities at the companies

Be the first hire in our value creation group; giving you a lot of run way if you are successful

Work with management to build and institutionalize budgets, reporting packages, and forecasting models

Stand up operating scorecards and KPI dashboards tailored to each company

Build integration playbooks with CEOs and functional leads

Drive monthly / quarterly business reviews and help CEOs focus on what matters

Develop and refine pricing models, unit economics, and profitability analysis

Own distinct value creation workstreams (e.g., pricing, vendor negotiations, salesforce effectiveness)

Identify and implement margin enhancement, SG&A efficiency, and working capital improvements

Support commercial initiatives such as outbound sales motions, A/B testing, and funnel diagnostics

Lead special projects: system implementations (ERP, CRM, dispatch), operational restructuring, org design

Partner with CEOs to define org needs and drive key hiring processes. We are business builders and we need to build A+ management teams at our companies

Identify, vet, and manage a network of 3rd party service providers (e.g., CFO advisors, digital marketers, CEO coaches, pricing consultants)

Improve internal processes across the portfolio: onboarding, training, compensation alignment, KPI discipline

Prepare and refine board packages and portfolio company updates

Maintain cap tables, waterfall models, and equity incentive plans

Support Fund II value creation strategy and playbook development

Help codify learnings across the portfolio into reusable HPoint frameworks

Use AI tools to accelerate analysis, automate workflows, and build operational leverage across companies

Experiment with new tools and pilots, we’re pushing the frontier, not catching up to it

Qualification

Value creation initiativesPerformance managementFinancial analysisAI tools proficiencyManagement consulting experienceCommunicatorCuriosityTeam-orientedOrganizational skills

Required

3-5 years in total experience: 2-3 years in top tier management consulting plus one other 1-2 year experience (in a company; in a PE operating role; getting an MBA)

Exceptionally well-organized; we have a growing portfolio and your scope will grow along with it

A ‘nose for the money'; you can look at a P&L and know where to go to drive value

Curious, commercially-minded, and able to zoom out and see the forest, not just the trees

Strong communicator - comfortable presenting to partners and management teams

Thrive in lean teams and bias toward ownership (if something needs doing, you do it)

Low ego, high standards, team-first orientation