Senior Fund Controller – Private Credit

Job title : Senior Fund Controller – Private Credit
Location : London
Contact : Curtis Millington
Call : Curtis
Email : email Curtis
Reference : 1688652

​THE SEARCH:

Altus Partners has partnered with a Private Credit Investment Manager looking to bring on a Senior Fund Controller to join the senior finance leadership team. The business has global operations and has grown extensively this year, launching multiple new investment products. The business is going through another exciting phase of growth and the Fund Controller will be responsible for the oversight of multiple new Private Credit funds and Senior Fund Accountants. This is a unique opportunity to build and develop a finance function.

 

THE ROLE:

The role is responsible for owning the portfolio valuations and oversight of the fund finance practice. You will be supporting senior management across investment operations, deal teams, and fund finance to ensure the smooth running of the quarterly fund cycle and the running of the fund finance practice. The role will be the main point of contact for internal and external stakeholders for the portfolio operations and fund finance including oversight of fund reporting, audit, administrators, NAVs and internal reporting.

Responsibilities:

  • Review and approval of monthly/quarterly NAVs and investor reporting requirements for Private Credit funds completed by the third-party Fund Administrators and oversight of their service functions.

  • Reviewing and instructing release of investor Drawdown/Distribution notices

  • Reconciliation of intra month P&L and performance metrics for internal reporting.

  • Manage third party service providers such as Fund Administrators

  • Liaise closely with internal and external operations team to ensure accurate portfolio data is recorded internally & externally.

  • To take responsibility and ensure adherence to the Funds FX hedging Policy.

  • Annual financial reporting: liaising with the fund auditors to manage an efficient year end reporting process.

  • Preperation of underlying assets valuations and liaise with Valuation Committee members on a quarterly cycle.

  • On-boarding of new fund or managed accounts as they arise.

  • Investor reporting with timely query resolution.

  • Assist in preparation of materials for quarterly Advisory Board & Risk Committee meetings.

  • Maintain financial processes in line with best practice, add value where possible and work closely with Risk, Legal and Compliance teams to determine and implement procedures in response to new regulations.

  • Enhance current control processes, including the use of systems to automate and streamline procedures, and maintain procedures documentation accordingly

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THE REQUIREMENTS:

  • Qualified Accountant (ACA /ACCA / CIMA / or equivalent)

  • 5 – 8 years PQ experience in a Private Markets fund finance

  • Understanding of Private Markets fund structures

  • Understanding of Private Markets valuations

  • Private credit experience is preferred but not essential

  • Excellent communication skills, both written and verbal with the ability to develop relationships

  • A team player who can manage different workstreams during busy periods

  • Strong experience in Excel, Power BI etc.