Overview
This is a London based Fund Controller position which is with a prestigious investment management firm. The successful candidate will be an instrumental part of the fund control function.
Client Details
This London based Fund Controller position is with an established financial services firm.
Description
The responsibilities of the successful candidate for this London based Fund Controller position will include:
Financial operations of investment vehicles
- Act as first point of contact for the fund administrator and investment directors relating to finance matters for investment vehicles within your portfolio.
- Develop and maintain strong relationships with local fund administrators in the UK, Luxembourg and Ireland to ensure effective fund reporting in accordance with the agreed service level agreement.
- In conjunction with the fund administrators:
- Ensure accurate and timely delivery of management accounts and financial reporting for certain of the Limited Partnerships
- Monitor future cash forecasts, and optimise the movement of cash between portfolio companies, investment vehicles and Limited Partners / investors
- Validate investor drawdown and distribution notices
- Supervise the preparation of annual tax returns and coordinate the annual audit process for the fund investment entities you are responsible for and work with administrator and accountants / auditors to ensure returns and audits are delivered efficiently
- Manage company secretarial functions (e.g. organising and recording board meetings for investment approvals, drawdowns / distributions, changes to directorships, approval of accounts, etc.) and ensure records are kept up to date.
- Liaise with tax, legal advisers and auditors as required – ensuring investment teams provide appropriate support to such advisers.
Investment
- Work closely with the investment team (and portfolio companies as required) to become aware of finance and administration queries between portfolio companies and the fund administrators / investors / Limited Partners, and ensure timely resolution
- Collaborate with the investment team during post-completion process to:
- Facilitate the on-boarding process (including KYC/AML) of new investors
- Co-ordinate the integration of new investment vehicles and/or assets in the portfolio (eg. tax registration, new bank accounts, appointment of auditors and tax advisors, etc.)
- Ensure post-acquisition tax structuring is in place and properly documented
- Monitor the transaction costs budget
- Present financial analysis to Directors of investment vehicle companies and other senior management.
Compliance and Risk Management
- Support Compliance Officer and Risk Manager in compliance activities and reporting to the firm’s Management Committee
- Liaise with the compliance advisor and coordinate quarterly compliance reviews
- Manage the integration of the firm’s newly registered French subsidiary into the Group compliance framework and manage the relationship with the new French compliance advisor
- Co-ordinate the preparation of the quarterly Risk Management and Compliance Committee papers and follow up on actions both internally and with external advisers
- Assist the Risk Manager in maintaining risk registers and other initiatives relating to risk management framework (Risk Management & Compliance Committee meetings, risk training & workshops, process mapping, etc.)
General and Corporate Services
- Supporting the FinOps team in maintaining financial records, reports and adhoc analysis as and when required.
- Build effective relationships with the Arjun corporate finance team to facilitate exchange of information and assist in internal reviews e.g. for client invoicing purposes
- Actively support and participate in various ad-hoc, and wider business and corporate development activities, as and when necessary.
Profile
The successful candidate will have the following background:
- Qualified accountant (ideally ACA)
- Technically strong, with private equity / limited partnership fund structure experience (gained working for an investment firm)
- Ability to understand and evaluate investment fund and company financial statements and accounts
- Strong financial analysis skills
- Able to work in a fast-paced, entrepreneurial environment
- Quickly able to inspire confidence and trust from senior team members, and key stakeholders
Job Offer
Attractive salary and benefits as well as a fantastic team.
