At a Glance
- Tasks: Manage finance functions and oversee fund operations in a dynamic real estate financing environment.
- Company: Join a leading provider of development and investment finance, shaping the future of real estate.
- Benefits: Enjoy hybrid work, a bonus culture, and health insurance perks.
- Why this job: Be part of an exciting growth phase, enhancing your skills in a hands-on role.
- Qualifications: Must be ACA/ACCA qualified with real estate experience and strong finance background.
- Other info: This is an interim role for 3-4 months, starting ASAP.
The predicted salary is between 43200 - 72000 £ per year.
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 an Interim Fund Financial Controller to manage a small finance function in their London office. This is an Interim role with ASAP start for 3-4 months.
ROLE RESPONSIBILITIES of the Interim 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.
Contact Detail:
Trident Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Fund Financial Controller
✨Tip Number 1
Network with professionals in the real estate finance sector. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends, which can give you an edge in interviews.
✨Tip Number 2
Familiarise yourself with the specific fund vehicles and financial regulations relevant to the role. This knowledge will not only help you during interviews but also demonstrate your commitment to understanding the company's operations.
✨Tip Number 3
Prepare to discuss your experience with cash flow forecasting and managing external debt facilities. Be ready to provide examples of how you've successfully handled similar responsibilities in previous roles.
✨Tip Number 4
Showcase your proficiency in Excel and other relevant software during discussions. Consider preparing a brief demonstration or example of how you've used these tools effectively in your past work.
We think you need these skills to ace Interim Fund Financial Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your ACA/ACCA qualifications and relevant experience in real estate finance. Emphasise your skills in managing fund operations, compliance, and financial reporting to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific experiences that demonstrate your ability to manage fund vehicles and external relationships effectively.
Highlight Relevant Skills: In your application, focus on your proficiency in Excel, Word, and PowerPoint, as well as your experience with risk, compliance, and regulatory controls. These are crucial for the Interim Fund Financial Controller position.
Follow Application Instructions: Ensure you submit your application through our website, including all required documents. Double-check for any specific instructions mentioned in the job posting to avoid missing out on important details.
How to prepare for a job interview at Trident
✨Showcase Your Financial Acumen
As an Interim Fund Financial Controller, you'll need to demonstrate your strong financial skills. Be prepared to discuss your experience with fund management, cash flow forecasting, and managing external auditors. Use specific examples from your past roles to illustrate your expertise.
✨Highlight Real Estate Experience
Since the role is focused on real estate financing, it's crucial to highlight any relevant experience you have in this sector. Discuss projects you've worked on, particularly those involving development or investment finance, to show your understanding of the market.
✨Prepare for Regulatory Questions
Given the importance of compliance in this role, be ready to answer questions about your experience with regulatory frameworks such as AML and GDPR. Familiarise yourself with the latest regulations affecting the real estate sector to demonstrate your up-to-date knowledge.
✨Demonstrate Leadership Skills
As you'll be managing a small finance function, it's essential to showcase your leadership abilities. Prepare to discuss how you've successfully led teams, managed external relationships, and improved processes in previous roles. This will help convey your capability to take charge in this interim position.