Fund Finance – Private Debt / Direct Lending

Job title : Fund Finance – Private Debt / Direct Lending
Location : London
Job-type : Permanent
Contact : Dylan Rosser
Call : Dylan
Reference : J8615


Altus Partners has partnered with a growing Alternatives firm that is looking to bring on an Associate Director / Director to join a dynamic and successful team. The business is going through an exciting growth phase and this individual will play a vital role in growing and developing the function. The role will work directly with the all areas of the business and work closely with the Managing Director in developing the area.

The Requirements

The role will have full responsibility for the review and oversight of all fund matters. The position will partner with all areas of the business and play a vital role in launching of new funds in different strategies. You will be the main point of contact for the PM’s, Investment Professionals, External Parties, Tax and Structuring teams

Job Specification:

•Assist with overseeing the administrators reporting on the funds on a monthly and quarterly basis.

•Calculate management fees and report fees to the Parent Company

•Understand carried interest waterfalls and perform net IRR calculations

•Assist in the development of processes around external investor queries and internal investor relations demands

•Manage fund cash & treasury positions, including assisting in developing and monitoring counterparty exposure and cash flow forecasts

•Understand the complexity of the fund structures in order to ensure the fund flows reflect the tax planning in the structure

•Be involved in the review of fund expenses, drawdowns & distributions

•Work closely with the administrators to ensure financial reporting is accurate and timely and reflects all relevant insight from the wider team

•Understand and report on the working capital position of the funds and assist with forecasting requirements

•Understand fund FX positions and report on exposure scenario analysis

•Oversee the annual financial statement production across funds and manage the audit process

•Review and preparation of all investor financial and ad hoc reporting, fund analysis and deal with regulatory reporting standards

•Formally document technical matters in relation to complex accounting issues, including broader fund matters which impact the fund’s financial records

•Oversee the quarterly fund performance reporting to investors, demonstrating an understanding of the key drivers behind performance and strategy

Candidate Specification

•Qualified Accountant, ACA/ ACCA or equivalent

•5 – 10 Yrs PQE

•Experience in Debt or Credit Fund Finance