Fund Financial Controller

OUR CLIENT is a successful and leading provider of development, bridging and investment finance for the real estate sector and has provided £Billions of loans and funded the construction of thousands of new homes. With significant institutional capital injection, they are now embarking on an exciting period of rapid growth - broadening their product offering, raising new capital and building their team. As they continue to grow, they have solely instructed us to help them appoint a Fund Financial Controller to manage a small finance function in their London office.

ROLE RESPONSIBILITIES of the Fund Financial Controller will include, but not be limited to:

• Fund vehicles: Directing and managing the external fund administrators in the ongoing operations of the fund vehicles including investor drawdowns, distributions, board meetings, deal approvals, expense and cost approvals, inter-company cash management, intercompany structuring.
• Ongoing direction and management of external bookkeepers maintaining the monthly, quarterly and annual fund accounts.
• Managing external debt facilities including waterfall preparation, covenant tracking, cash flow forecasting.
• Preparing / reviewing monthly / quarterly external investor reports including fund cashflow forecasting with assistance of internal staff.
• Managing external fund auditors / year-end audit process as the main point of contact where applicable and setting up any new fund vehicles including legal structure and tax.
• Overseeing changes and implementation of improving existing fund models for new workstreams.
• Working closely with investor relations on accounting and fund performance-related investor queries.
• Liaising with overseas listing agents and legal advisors in listing loan notes.
• Cash management of investor and debt cash flows funded or repaid as required to minimise fund IRR leakage and cash drag.

Internal finance:

• Preparing annual budgets for internal management entities.
• Reviewing Quarterly management accounts and VAT Returns.
• Reviewing Statutory accounts for management and related entities; liaise and manage external bookkeepers.
• Arranging payment of invoices with assistance.
• External auditors / year-end audit process.
• Sourcing and introducing new software for internal accounting.

Loan book reporting, administration, management:

• Calculating / tracking of interest, fees, principal, draws, repayments of loans to clients and associated financing instruments which fund those loans.
• Monthly client statement preparation.
• Working alongside the credit team in maintaining the loan book.
• Reviewing redemption statements and ad hoc requests.

Regulatory and compliance:

• Managing relationship with UK regulatory wrapper provider.
• Managing internal and external regulatory policies e.g. AML, GDPR, CFA 2017 etc and liaising with compliance consultants and external parties.

THE PERSON and SKILLS REQUIREMENTS: To apply for the Fund Financial Controller role, you will:

• Be ACA / ACCA qualified with relevant transferable skills.
• Possess Real estate experience - highly advantageous.
• Have had exposure to risk, compliance and regulatory controls.
• Possess prior experience in finance, specifically in private debt / equity, investment management or investment banking.
• Be used to working in a medium size / corporate / hands-on environment with broad exposure - as opposed to large fund finance department / narrow exposure.
• Possess excellent knowledge of Excel, Word and PowerPoint.

BENEFITS: Hybrid - 4 days in office. Good driven bonus culture. Health Insurance etc.

Please note that due to volume we cannot get back to everyone, however every application is looked at and considered and will be held on Trident International’s database for review. If you have not heard back from us within 5 working days you should assume your initial application has been unsuccessful, however if suitable roles arise in the future, we will make every effort to contact you. By applying for this job, you accept the Privacy Policy and Disclaimers which can be found on our website. To learn more about our company and vacancies we are currently working on, visit our website and follow us on LinkedIn.