At a Glance
- Tasks: Lead finance operations for a new Private Equity fund, managing reporting and compliance.
- Company: Join a dynamic Pan-European Private Equity firm with a focus on Business Services and Healthcare.
- Benefits: Enjoy a hands-on role with opportunities for growth in a small, collaborative team.
- Why this job: Be part of an exciting fund launch and shape financial strategies with experienced founders.
- Qualifications: Qualified accountant with private equity experience preferred; strong analytical and communication skills required.
- Other info: This is a unique chance to influence a first-time fund's success from the ground up.
The predicted salary is between 43200 - 72000 £ per year.
One Ten Associates are delighted to be partnering with the Founders of a new Private Equity fund launch as they seek to appoint their first non-investment hire.
A rare opportunity to join an exciting first-time fund launch as FD/Head of Finance. Our client is a Pan-European Private Equity firm with a core focus on Lower-Mid-Cap direct investments across Europe. Sector focus will be Business Services and Healthcare. The Founders each have over 20 years of strong and robust industry experience with an exemplary track record and a genuine desire to build a best-in-class firm. They have successfully raised circa €200m through a cornerstone investor. The firm will launch imminently and is already in a position to invest.
The FD will oversee all finance, accounting, compliance, and operational/non-investment functions of the fund. This executive will be integral to the operational sides of the business, responsible for shaping and implementing financial policies, managing fund operations, and ensuring all regulatory compliance. The FD will act as a strategic partner to the Managing Partners and Investment Committee, playing a crucial part in driving performance and supporting growth.
Duties and responsibilities will include:
- Preparation and management of the annual and quarterly investor reporting process;
- Managing the Fund’s cash positions, including capital calls and distributions;
- Partnering with the deal team on finance/operational aspects of investments, including deal closings and follow-on funding;
- Liaising with external administrators regarding fund matters and investor queries;
- Preparing fund valuations and returns waterfalls;
- Assistance with investor presentations;
- Management of the year-end audit process;
- Ad-hoc modelling on investments.
Corporate:
- Preparation of monthly and quarterly management accounts for adviser entity and helping to manage and co-ordinate the annual audits;
- Management of the tax reporting process;
- Monthly Payroll and Pension;
- Liaising with tax advisors on annual Corporate tax returns;
- Firm cash flow management;
- Plan and manage the company’s budgeting and forecasting.
As a small team, duties will be varied and the successful candidate will have to be comfortable operating in a hands-on manner and outside of/adjacent to the finance function as and when required.
Skills and Expertise:
The ideal candidate will be a qualified accountant with experience of working within private equity. In addition to the above, the successful candidate will also possess the following:
- A strong attention to detail and the ability to manage and prioritise workloads is essential;
- Highly motivated with the ability to learn new concepts and processes;
- Excellent analytical problem-solving skills;
- Excellent presentation and communication skills;
- Some knowledge of compliance requirements or a willingness to learn is essential;
- A flexible approach to work and good time management skills;
- A willingness to take on tasks outside of the traditional accounting function;
- Experience working within private equity is highly preferable;
- Competency with MS office applications, particularly Excel, PowerPoint and Word.
Contact Detail:
One Ten Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Director (Private Equity)
✨Tip Number 1
Network with professionals in the private equity sector. Attend industry events, webinars, or local meetups to connect with individuals who may have insights into the firm or the role. Building relationships can often lead to referrals or insider information that could give you an edge.
✨Tip Number 2
Familiarise yourself with the specific financial regulations and compliance requirements relevant to private equity. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry's nuances.
✨Tip Number 3
Prepare to discuss your experience with fund finance and operational management in detail. Be ready to provide examples of how you've successfully managed cash positions, investor reporting, or audits in previous roles, as these are crucial aspects of the FD position.
✨Tip Number 4
Showcase your analytical and problem-solving skills during discussions. Consider preparing a case study or example where you tackled a complex financial issue, as this will highlight your capability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Finance Director (Private Equity)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and private equity. Focus on your achievements in fund management, compliance, and financial reporting to align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for private equity and your understanding of the firm's focus areas. Mention specific experiences that demonstrate your ability to manage finance operations and support growth.
Highlight Relevant Skills: In your application, emphasise skills such as analytical problem-solving, attention to detail, and communication abilities. These are crucial for the role and should be evident in your examples.
Showcase Your Flexibility: Since the role requires a hands-on approach and willingness to take on varied tasks, provide examples from your past roles where you successfully adapted to changing responsibilities or worked outside your usual scope.
How to prepare for a job interview at One Ten Associates
✨Know Your Numbers
As a Finance Director, you'll need to demonstrate your financial acumen. Brush up on key financial metrics relevant to private equity, such as IRR, cash flow management, and fund valuations. Be prepared to discuss how you've applied these in previous roles.
✨Showcase Your Strategic Thinking
This role requires you to act as a strategic partner to the Managing Partners. Prepare examples of how you've contributed to strategic decisions in past positions, particularly in finance or operational contexts. Highlight your ability to align financial policies with business goals.
✨Demonstrate Compliance Knowledge
Familiarise yourself with compliance requirements specific to private equity. Even if you’re still learning, showing a proactive approach to understanding regulations will impress your interviewers. Be ready to discuss how you've ensured compliance in previous roles.
✨Prepare for Hands-On Scenarios
Since this position involves a hands-on approach, think of examples where you've successfully managed varied tasks outside traditional finance functions. This could include budgeting, forecasting, or liaising with external stakeholders. Show that you're adaptable and willing to take on diverse responsibilities.