Altus Partners have been mandated on a retained search for a Leading Alternative Investments Firm that is looking to bring on a Head of Funds Finance. The business is going through an exciting growth phase and this individual will play a vital role in growing and developing the finance function. The position will oversee a well respected and dynamic technical team and be responsible for all aspects of the financial and management accounting and reporting in relation to all investments.
The role will work directly with the Global Head and a highly achieving senior peer group and will be expected to be a self-starter and able to research and conclude upon various issues alone. The role will be required to liaise with senior stakeholders around the business and all members of the business area. The Head of Fund Finance will also ensure an appropriate level of delegation and responsibility is given to all team members. The ideal candidate will have extensive knowledge in a range of products including CLOs, Bonds, Private Equity and Debt.
Main Responsibilities to include:
•Financial Reporting: Oversight of technical papers and analysis, responsibility for the delivery of weekly, monthly and quarterly reports to investors, oversight of audits and auditor relationship, oversight of the delivery of numerous sets of annual financial statements (IFRS, US GAAP, Lux GAAP, UK GAAP)
•Board Liaison: Structuring of Board meeting timetable, presentations at 1/4ly Valuation and Financial Reporting meetings, timely delivery of high quality financial information to the Boards, ongoing liaison and relationship management with Board members, review of annual regulatory filings and declarations.
•Administrator and 3rd Party Service Provider management
•Special projects and restructuring: Financial reporting process enhancement.
•Definition and development of target operating model, administrator evolution and assessment to align administrator, arrangements to planned target operating model, operational set up of New funds and SMAs, operations Budgeting;
•Relationship management and oversight of the financial information: Portfolio Managers, Compliance, Marketing and Investor Relations, 3rd party AIFMs, Investors.
•Team and People Management: Leading the team restructuring as part of a broader enhancement process, coaching and training
•ACCA / ACA (or equivalent).
•15+ years post-qualification experience.
•Technical accounting knowledge in Bonds, CLOs, Private Equity and Debt
•Technical accounting knowledge in financial and Investor reporting
•Technical knowledge in IFRS, US GAAP, Lux GAAP, UK GAAP
•Knowledge in Allocation waterfall
•Hedge Funds / Private Debt / Credit / Private Equity Fund Experience
•Experience accounting and reporting on a large portfolio of investments within a Global Investment Management
•Experience managing a team.
•Attention to detail
•Good understanding of financial approaches, tools and techniques