This range is provided by Carnegie Consulting. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Overview
Our client is a European Private Credit investment business primarily financing technology companies. As they raise for a new fund and grow the business, there is a need to hire an experienced Finance professional to oversee all of Finance and Operations. You will be an experienced professional, ideally with a background in Private Debt/Credit or other areas of Private Markets.
The Role
- Manage our external fund administrator to oversee day-to-day fund operations and quarterly reporting
- Fund modelling and shadow accounts
- Prepare/review valuations and ensure full supporting documents are provided to auditors
- Manage banking, tax, annual audit processes and third-party vendors
- Calculate quarterly gross/net IRR movements and other fund metrics along with ad hoc waterfall carry calculations
- Controls & risk management (especially around cash/funding processes)
- Calculation and recommendation of capital calls and distributions to the Partners
- Engage with portfolio companies on financial reporting (e.g. covenants and ESG metrics), and reviewing/preparing funds flows where appropriate
- Manage finance & operations at the firm level, including expenses, invoicing, recharges, VAT/CT returns and compliance with regulations and internal policies
- Set up software tools and processes to facilitate optimal fund and firm operations and scalability
- Work with FX brokers to maintain monthly forward settlements and ensure fund cashflows are sufficiently hedged (where required)
- Assist with the preparation of fundraising materials, including fund presentation deck, due diligence materials, and ad-hoc due diligence requests
Requirements
- You will be a fully qualified accountant (ACA, ACCA)
- Relevant experience in Private Market funds
- Knowledge of Lux structures and debt funds would be a plus
- Able to operate in a stand-alone capacity, though supported by an experienced COO
- Willing to be a "hands-on" operator. No task is too big or too small
- You must be based in the UK and have eligibility to work in the UK. Sponsorship is not offered in this role
The Opportunity
- This is a genuine opportunity for someone to step into their first FD role from that of a senior controller
- Alternatively a chance to gain further experience at this level for a small fund
- The firm genuinely see this person as a future CFO so there is the chance of this role progressing in the future
- Carry is on offer to the successful applicant
Seniority level
Employment type
Job function
- Accounting/Auditing
- Industries: Venture Capital and Private Equity Principals and Investment Management
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