At a Glance
- Tasks: Oversee finance operations, manage fund administration, and engage with portfolio companies.
- Company: Dynamic European Private Credit investment firm focused on technology financing.
- Benefits: Competitive salary, potential for carry, and career progression to CFO.
- Other info: Hands-on role with a supportive team and a chance to shape the future.
- Why this job: Step into a pivotal role with growth opportunities in a thriving sector.
- Qualifications: Fully qualified accountant with experience in Private Market funds.
The predicted salary is between 90000 - 110000 £ per year.
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
- Director
- Employment type
- Full-time
- Job function
- Accounting/Auditing
- Industries: Venture Capital and Private Equity Principals and Investment Management
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Financial Director in London employer: Carnegie Consulting
Carnegie Consulting is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. Employees benefit from a strong focus on professional development, with ample opportunities for growth within a leading private credit platform, alongside a supportive culture that values teamwork and excellence in CLO operations.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Director in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Carnegie Consulting. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Director in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Carnegie Consulting.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Carnegie Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Carnegie Consulting
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Carnegie Consulting.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Carnegie Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Carnegie Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
