Provide financial and operational support for the set-up of new structures or funds including working with the structuring team, internal counsel & external advisors
Review and approve capital events such as calls, distributions and equalisations, as required.
Support the Investor Relations team.
Provide transaction support for acquisitions and creation of new entities to ensure transaction closings are achieved as planned.
Attend the relevant investment team meetings to understand the current deal pipeline, future transactions, new funds and anticipating and coordinating any operational requirements.
Attend the relevant month-end or quarter-end valuation meetings to understand the valuation methodologies of the Private Wealth products.
Partner with the team to provide financial and operational support to ensure that business objectives are met.
Build, develop and maintain good working relationships between the teams and its internal/external clients and suppliers.
Fund accounting review for the Private Wealth products, ensuring that financial deliverables are of high quality and financial statements are accurate and complete.
Review and approval of management/performance fees, as required.
Review and approval of the funds' reporting and any regulatory reporting that may be required.
Oversight of third-party fund administration providers, transfer agency, and other service providers
Assist with external audits for Private Wealth products, which will include liaising with the funds' external auditors and ensuring that audit queries are addressed and completed in line with deadlines.
Ensure applicable control and risk frameworks and policies are adhered to and that existing procedures are refined to reduce operational risk.
Assist with any fund launches, sales, and extensions where necessary, related to the Private Wealth products.
Knowledge & Experience Required
Chartered Accountant - ACA/ACCA + Post Qualified Experience up to 3 years
Experience working directly within Fund Finance / Fund Accounting - gained via Audit / Third-Party Administration or GP Fund
Broad knowledge of Private Equity, Private Credit and/or Multi-Strategies
Exposure to either Open, or Closed Ended fund structures (SICAV beneficial but not essential)
Experience in designing, monitoring and understanding the internal controls frameworks in place at each stage of a fund/product life cycle.
The ability to lay out processes, controls and procedures in simple, clear formats including data flows, controls matrices, etc.
Experience in process change and improvement projects.
Strong communication skills, both written and verbal and the ability to develop meaningful partnerships with both internal and external teams.
Professional scepticism: an ability to ensure that things are not taken at face value and always asking "does this make sense?"
Problem solver: an ability to, and an interest in searching for solutions to problems and establishing the root causes of any issues that arise.
Additional Information
Opportunity to join a leading Private Equity business as they grow and launch new funds for clients.
The role is part of a team supporting the firms' Private Wealth strategies, with a key focus on their Credit asset class, whilst also gaining exposure to their Direct PE & Infrastructure offerings
Efinancialcareers · London, UK