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. This multi-disciplinary role involves co-ordinating Fund Control, Fund Accounting and Transaction Execution workstreams to ensure effective strategy execution.

You will oversee deal closings, ensuring deadlines are met and stakeholders informed, while balancing commercial objectives with risk management and compliance across 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 includes supporting portfolio managers and fund marketers, and collaborating with TPAs, legal and tax advisors.

Primary responsibilities for this role include (but are not limited to):

• Transaction Execution: Support deal execution, financing, and risk evaluation. Manage administrator relationships and tax structuring.
• Fund Life Cycle Matters: Oversee fund operations including investor reporting and liquidity management. Legal entity formation/liquidations. Managing ICG Co-Invest alongside dedicated internal team. Board and entity governance.
• Fund Finance: Lead financial due diligence, manage funds flow, co-ordinate hedging, manage financial reporting and ensure ongoing compliance.
• Reporting and financial appraisal: Oversee quarterly reporting, annual financial statements and audit. Fund analysis and regulatory reporting (e.g. AIFMD, Solvency II). Advise on complex/technical accounting matters. Perform analysis of Fund performance, calculation of IRRs, Carried Interest and other Fund performance measures.
• Treasury: Manage fund cash, liquidity, and hedging including bridge/leverage facilities and liaison with Treasury and Legal.
• Process definition and building a scalable function: Champion process and control enhancement and oversee audits thereof. Proactively contribute and lead ad hoc projects to support the team and department objectives.

Key Requirements/Qualifications:

• Experience in fund operations, transaction execution and Private Markets funds.
• Qualified chartered accountant or equivalent.
• Understanding of closed ended funds: operations, performance metrics (IRR, money multiples etc) and carried interest.
• Experience within a Debt, Real Estate or related asset sector.
• Demonstrable 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.
• Experience of managing recurring processes and projects.

Desirable:

• Line management experience.
• Exposure to investments across multiple European jurisdictions.
• Experience working at an Accounting/Audit firm.
• Experience working with teams across multiple locations.
• Experience successfully working with external TPAs.
• Track record of successfully implementing system and process improvements.
• Advanced financial modelling/Excel skills.

Personal Attributes:

• Initiative, collaboration, and accountability.
• Excellent communication skills and motivated team player.
• Inquisitive and analytical approach.
• Organised, strategic, and solutions-oriented.
• Ability to multi-task and work under pressure.

Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone. By welcoming different perspectives, we strengthen ICG’s performance, enrich decision-making and contribute to better outcomes for our clients, colleagues, and the markets we serve.