HEAD OF FUNDS FINANCE, PRIVATE EQUITY – IMMEDIATE START

Job title : HEAD OF FUNDS FINANCE, PRIVATE EQUITY – IMMEDIATE START
Location : London
Reference : 1019515
​THE SEARCH

Altus Partners has partnered exclusively with a leading Private Equity firm that is looking to bring on an immediate Head of Fund Finance to join their growing team in London. The business is going through a growth phase having recently raised a fund in excess of £1Bn. The role will be responsible for a team of Fund finance professionals managing all aspects of the accounting, reporting and financial processes in relation to Funds and Investment vehicles (SPVs). The role will report directly to C-Suite and play a pivotal role in the technology and development of the fund finance area.

THE ROLE:

The Director will oversee the fund finance area including:

  • Oversight of all Finance and Accounting responsibilities for the Private Equity Funds

  • Main point of contact for all internal and external stakeholders providing regular updated information on transaction requirements including holding structures, funding mechanics and valuations

  • Review accounting and management reports for investment assets across Europe.

  • Provide oversight on the organising and maintenance of external teams

  • Management and development of Fund Finance team

  • Oversee transaction accounts, cash management and liaising with banks on funding requirements across different countries.

  • Oversee the coordination of the annual audit process for all fund and SPV entities including liaising with auditors, supervising the production and timely distribution of financial statements.

  • Provide oversight of externally managed subsidiaries and investments.

  • Lead on all financial aspects of acquisitions and disposals of investments including cash management, accounting for transactions and provision of appropriate support to the investment team.

  • Lead from a funds finance perspective in relation to portfolio matters and complex transactions

  • Liaise with senior finance contacts to ensure reporting received is timely and accurate and advise them on how to address any issues that arise.

  • Ensure a full understanding of their accounting issues, expectations of performance and transactions and ensure accuracy of their reporting and appropriate strength of their control environments.

  • Coordinate with internal teams to ensure they are supported with financial information required for all aspects of regular tax compliance and strategy.

  • Prepare and review market valuation for private investments in line with group valuation policy

  • Provide oversight on the organizing and maintenance of external teams

  • Support information needs of management and working on system projects periodically to meet new accounting and business requirements.

  • Work closely with regional offices to design and implement various finance improvement initiatives and analytics as part of a investment operations finance transformations

 THE REQUIREMENTS:

  • Bachelor’s degree preferably in Accountancy.

  • Qualified Accountant – ACA / ACCA (Or equivalent)

  • Strong understanding of Private Markets Fund structures

  • 10 years relevant working experience with a background in fund finance

  • Experience of managing teams.

  • Excellent interpersonal, communication and analytical skills, who is keen to learn and pick up new challenges in a dynamic and fast paced environment.

  • Comfortable working under pressure, including ability to prioritise tasks and meet deadlines