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
• Where appropriate, engage with portfolio companies on financial reporting (e.g. covenants and ESG metrics), and reviewing/preparing funds flows
• 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 the 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