The firm is seeking an experienced qualified accountant to oversee financial reporting and operations for the UK management company.
Our client is a multi-strategy investment management firm with in excess of £10 billion under management. The firm has headquarters in London and the US and focuses on making investments globally through a range of fund vehicles.
The UK Finance Director will work as part of a successful Finance / Operations team, based both in the US and London. He/She will have direct contact with the Finance/Operations and investment teams in New York and London, as well as our portfolio company holding office in Europe. This is an exciting opportunity for an individual eager to continue their career with an established and growing multi-strategy investment firm. The individual should demonstrate a desire to work in PE, structured opportunities and credit strategies, have experience leading outsourced teams, streamlining and improving processes and the ability to leverage a wide range of service providers to support the firm's reporting and operational needs. The individual should be able to effectively communicate these capabilities through their career goals and examples of work ethic, and have a desire to be educated in a "roll up your sleeves" environment.
Experience managing external administrators in an outsourced accounting function model
Ability to brief senior management on financial accounting developments, implement new accounting standards or procedures
Responsible for ensuring appropriate financial controls, streamlining processes and developing policy as necessary
Ability to identify and implement technology tools or solutions to improve processes; including a general ledger upgrade
Oversight of administrator in preparation of annual financial accounts and liaising with auditors, LLP and parent company consolidation
Oversight of administrator for accounts payable, expenses, coding, fund expense allocations, revenue calculations, monthly reconciliations, revenue calculations, quarterly VAT return and FCA financial reporting
Preparation of monthly executive committee reporting in conjunction with the US-based controller
Preparation of annual budget, monitoring of projections and management of cash flow for London management company operations
Liaison with payroll and benefits providers including on-boarding of new staff, responsible for medical insurance and pensions on-boarding and related reconciliations
Responsibility for monthly compensation reconciliations, bonus accruals and annual HMRC filings (PSA, Form 42)
Annual compensation analysis for employees and profit share calculations for partners, and administration of partner loan program
Coordination with UK Tax Director to support preparation of annual tax computations LLP and Ltd
Familiarity with UK LLP tax legislation, DIMF
Familiarity with transfer pricing
Oversight of accounting and some operations for three remote offices including board membership
Coordination of annual insurance renewals and any insurance claims for all overseas offices with insurance broker
Assistance on local compliance matters
Managing banking relationships and sign-off and release of online bank payments
Excellent interpersonal, communication, analytical and financial skills
Good business sense, high level of integrity, ability to handle confidential or sensitive information, ability to work independently
Background is likely to include training in practice, qualified accountant (ACA/ACCA/CIMA), relevant hands on experience in a finance manager or financial controller role and at sufficient PQE or equivalent. Prior experience working for a private equity or hedge fund manager is a requirement.