Fund Finance Manager (Real Estate Debt)

You will take a leading role within the Real Estate Fund Finance team, with primary responsibility for fund operations across a portfolio of Real Estate Debt funds. The role is multi-disciplinary, leading workstreams across Fund Control, Fund Accounting and Transaction Execution functions and requiring coordination across the business to ensure effective execution of the strategy’s operations.

You will take responsibility for leading deal closings for these funds working with internal and external parties to ensure deadlines are met, operational issues are addressed and stakeholders are informed. You will have consideration for commercial objectives of front office teams while maintaining a strong risk managed approach to acquisitions, disposals and ensuring regulatory and statutory compliance throughout the asset lifecycle across multiple jurisdictions.

You will ensure a robust level of financial control, reviewing the output from third party administrators (TPAs), overseeing compliance with all tax and regulatory filings, and recommending and implementing improved processes and controls. The role offers a significant variety of day-to-day responsibilities which will include supporting portfolio managers and fund marketers, and working closely with TPAs and legal and tax advisors.

To excel, you will have prior experience of operating Private Markets funds and be knowledgeable about deal closing procedures. We are seeking a proactive and detail-oriented professional with a strong sense of ownership, combining analytical problem-solving skills with the ability to work both independently and collaboratively, while communicating confidently with stakeholders at all levels.

ICG Real Estate Debt Fund Finance consists of €2.8bn AUM and forms a cornerstone of ICG’s wider €10bn AUM Real Estate platform. Real Estate Debt includes a variety of Funds and Separate Managed Accounts investing across senior, whole, development and residential loan strategies. The flagship Real Estate Debt Fund series is currently fundraising its seventh vintage (RED VII) with a target fundraise of €1bn.

The Real Estate Fund Finance team oversees all areas of fund operations including deal closing and funding, dry powder and liquidity management, fund borrowing and leverage, FX hedging, valuations, drawdowns/distributions, NAV production, fund and deal performance monitoring, investor performance reporting, fund forecasting, carried interest, new fund setup and assisting with fundraising requests.

Primary responsibilities for this role (illustrative):

• Transaction Execution: End-to-end deal execution support for new deals, disposals and refinancings along with internal and external stakeholders.
• Fund Life Cycle Matters: Oversee the full lifecycle of fund operations, including capital activity, investor reporting and liquidity management.
• Fund Finance: Lead any financial due diligence processes, coordinating seamlessly with external advisors and internal stakeholders.
• Reporting and financial appraisal: Oversee the quarterly financial, investor, and regulatory reporting.
• Treasury: Manage Fund cash and liquidity, including bridge facilities, treasury positions and counterparty exposure.
• Process definition and building a scalable function: Championing and being a positive advocate of process enhancement and ensuring adequate process documentation and control for your areas of responsibility to an auditable standard.

Key Requirements/Qualifications:

• Extensive experience in fund operations and transaction execution.
• Qualified chartered accountant or equivalent PQE in close ended funds’ accounting/operations including an understanding of performance metrics (IRR, money multiples etc) and carried interest.
• Experience within a Debt, Real Estate or related asset sector.
• Demonstratable understanding of Fund structuring, tax considerations, and interpretation of legal documentation.
• Experience working in Private Equity/Asset Management/Investment Banking/Financial Services and/or extensive experience working in Fund Administration Investment Operations role or equivalent.
• Strong Excel skills.

Personal Attributes:

• Takes initiative with a strong sense of ownership and accountability.
• Collaborative team player who supports and motivates others.
• Confident and strong communicator, with excellent interpersonal skills.
• Strong stakeholder management skills, with the ability to collaborate across cross-functional teams/departments.
• Highly organised, strategic, and solutions‑oriented, with a track record of driving operational excellence.

Our Global Benefits Framework includes wellbeing, inclusivity, and longevity. Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone.