Fractional CFO/COO

Manage and be responsible for the performance of Outsourced Middle/Back office vendors

Understand and intergrate best-in-class proccesses performed by Vendors

• Perform Supervisory Review of Vendors Daily/Monthly processes:
• Daily Operations Reconciliations
• Monthly NAV process
• Assist in Year end Audit & Tax (given low trading turnover, this could be handled exclusively by Bayview)
• Review Vendors ability to implement tax efficient strategies at year end. (70/30 baskets)
• Treasury:
• Review banking/Prime Broker relationships to enhance security and maximize returns.
• Vendors to manage day to day cash movements upon Bayview approval.
• Manage the Firm’s Compliance and Fund Governance
• Perform oversight of compliance Vendors as a “deputy CCO”
• Responsible for successful quarterly reviews and deliverables
• Understand the trading systems and trade flow to have oversight of adherence to compliance, rules and regulations.
• Utilize firm and Vendor resources to manage the marketing and IR process to achieve impactful fund raising and retention efforts.
• Management Company Monthly accounting and Budget performed by Vendors.
• Bayview to oversee Monthly Accounting and Budget Cadence. Also review HR, payroll, benefits, employment and IT.
• Constant assessment of tax rules to maximize tax efficiency. Bonus and ordinary loss.
• Ah-hoc projects:
• Bayview coordinates projects and utilizes Vendors as necessary.
• Bayview to complete full vendor process review. Make recommendations as necessary.
• Bayview to review full DDQ and become proficient at firm’s Operational Due Diligence.
• Vendors operate as controller. Bayview operates as CFO.