Fund Controller

Are you an experienced Fund Controller looking to advance your career with a high growth private credit manager?

Investigo is currently partnering with an ambitious firm, currently driving their business to $25-$30bn AUM in the next 5 years. With this growth in mind and off the back of a recent promotion, this firm are looking to hire an experienced Fund Controller to help drive performance optimisation while maintaining and enhancing robust controls.

Joining this value-add finance function, the successful candidate can expect to gain ownership over:

• Advising the business on fund related decisions, ensuring regulations and policies are adhered to
• Achieving a comprehensive understanding of the fund partnerships, borrowing terms, FX hedging policies, valuation policies, portfolio investments, investment pipeline and cash management profile
• Understanding of the commercials behind the deals to ensure that fund operations, accounting, structuring and tax fully support the investment returns
• Fund performance metrics and calculation methodologies
• Develop internal profile and act as a respected interface between the Finance Team and the investment, portfolio management, IR, legal, tax and compliance teams
• Be a key senior contact point for service providers (Administrators, Legal Advisors, Auditors, Banks, Tax Advisors)
• Fund cash and Treasury positions, including assisting in developing and monitoring counterparty exposure
• Working closely with the fund accounting team and Fund administrators to ensure that derivative contracts, FX gains/losses and borrowing are correctly reflected in financial statements
• Hedge documentation and effectiveness testing, supporting Group Finance in the correct recording of treasury instruments.
• Use loans as a method of hedging FX through currency matching against assets
• Monitoring of compliance with risk policies, in particular the Liquidity and Funding Risk Policy and the Liquidity Framework
• Delivery of management information including liquidity risk reports, market analyses as well as supporting the preparation of Board and Committee papers.
• Providing insight into Fund performance enhancing workflows around subscription lines and FX assistance and support to Fund accountants, including advising on nature of contracts
• Overseeing Quarterly NAV and Financial Statements production to a high standard
• Overseeing the Quarterly Investor Reporting and annual audit process
• Review and approval of drawdown and distribution calculations, management fee calculations, waterfall/ carry calculations and approval of Fund performance (Gross and Net) and scenario planning
• Responsible for the accurate calculation of valuations by the accounting team on a Fair Value basis and in accordance with IPEV valuation guidelines
• Attendance at the quarterly valuation committee to present portfolio valuation movements and the overall impact on the fund

Experience required:

• ACA / ACCA or CIMA qualified with at least 7 years of post qualified experience - most of which will be from a management firm working with closed ended funds
• Knowledge of liquidity risk, fund structures and funding instruments used across LUX
• Working understanding of debt capital / private equity or credit structures
• Advanced excel skills / modelling skills would be advantageous
• Strong team player with drive for quality outputs

What's on offer:

• Exceptional work/life balance and flexible working arrangements (3 days in the office in London)
• Highly competitive salary and bonus structure
• Enhanced pension
• Opportunity to continue to learn and develop, broaden skills and exposure - great working culture with collaborative teams

To find out more, please contact Cheryl Aust at Investigo London