Vice President level opportunity to join an expanding and high-performing Fund Control team with expertise in Private Credit. The mandate will be to ensure the timely delivery of quarterly fund reporting and to have responsibility of the outsourced fund administrators in the production of the financial statements. London based.

Client Details

Private credit manager, providing non-dilutive capital to high-quality private equity management companies, funds, and institutional investors. London based.

Description

The role will include responsibility for calculating the valuations on portfolio investments and will support the Finance Director and the Fund Operations Team. This is a broad and exciting role with plenty of stretch, for someone looking to advance their career at a leading and fast-growing private credit manager.

Responsibilities include (but not limited to):

Reporting

Developing a detailed understanding of fund performance metrics and calculation methodologies
Developing a detailed understanding of the accounting standards and accounting treatments used across the fund partnerships
Working day-to-day with 3rd party administrators and developing a strong working relationship with your counterparts on the funds
Managing quarterly reporting timetables and ensuring delivery to deadline
Supporting the Quarterly Investor Performance Reporting across multiple funds
Supporting and reviewing the Quarterly Financial Statements
Supporting and reviewing NAV production prepared under Lux GAAP
Monthly NAV estimate calculations
Interactions with Investor Relations to complete investor queries
Working with service providers (Auditors, Banks, Tax Advisors)Valuations

Reviewing and approval of valuation calculations for the investments and support the Fund Controllers in the valuation processFund Operations

Achieving a detailed understanding of the fund's partnership agreements, borrowing facility agreements, operational processes, investments, investment pipeline, cash management processes and FX hedging policy
Cash, treasury support and FX Hedging support to the Operations TeamPortfolio Management

Obtaining a deep understanding of the commercials behind each deal so as to apply this when working on the various aspects of the fund accounting and operationsForecasting and Management Information

Have a detailed understanding of the Fund forecasting models
Updating and verifying KPIs in management reportsTax

Provide support on UK tax compliance matters (review returns and ad-hoc queries), Luxembourg (corporate and VAT) and US (Investor K-1 reviews)

Profile

ACA or equivalent accounting qualification
Private Credit Funds expertise
6-10 years + Professional experience
Technically strong in the application of Lux GAAP (majority of funds are Luxembourg based)
Prior experience of managing a reporting cycle and producing/reviewing financial statements for a closed end fund in private equity, private debt or hedge fund
Experience in 3rd Party administrator and service provider oversight
Highly analytical with prowess for working with high volumes of numerical data
Meticulous attention to detail and accuracy
Commercially minded and familiar with performance reporting, financial reporting and dealing with investors

Job Offer

12 month fixed term contract (Permanent hire may be considered)

Competitive salary and compensation package

Generous Annual bonus

Hybrid working