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Job Overview

Co-Investment Fund Controller

Location: City of London, London Salary: Negotiable
Type: Permanent Contact: Andrew Mackay
Posted: about 1 month ago

Working with a circa $80bn AUM fund, you will take on responsibility for a their Co-Investment / Secondary portfolio and be a point of contact for the full Lifecyle of the investments

Working closely with the Investment Team, Operations & Senior Management, you will have visibility across Fundraising, Structuring, Valuations, Fund Oversight & Liquidation.

The role is broad and diverse, below is a snapshot of some of the tasks the team cover

  • Operational oversight of Co-investment & Primaries strategies and key Primary mandates client relationships.
  • On an ongoing basis, ensuring that the operational and internal control frameworks are fit for purpose to adequately operationally service the firms' clients and funds, and that the process by which we service those clients/funds are following best practices.
  • Working with the Investment and Product Strategy teams to understand the investment strategy and review with an operational lens.
  • Working with Legal and Compliance on the proposed fund structure, whether standard or non-standard with the aim of informing the preparation of the fund's permanent documents to ensure that the legal requirements of the fund are understood and can be delivered from an operational perspective.
  • Providing oversight and escalation point to the operations team for the first investor and investment transactions, valuations and reporting cycles for the fund and any associated specific client reporting or data considerations.

  • Review Investment Team deal materials and investment thesis to ensure understanding of the investments and ensuring these are supported by the appropriate operational or valuation processes.
  • Review and analysis of underlying investment valuations
  • Review underlying investment GP quarterly performance reports
  • Co-ordinate and assist with the production of the valuation Committee pack and supporting papers for review and approval by the Sub Valuation Committee.

  • Oversight of quarterly NAV production, including review of the quarterly managers report for the Fund and attendance at quarterly Board meetings
  • Oversight of production of the Financial Statements for the fund and supporting notes, produced by the Administrator.
  • Preparation and ownership of the year end audit and Financials Statements timetable
  • Oversight of the production of key financial output's for the fund. including the KID, Ongoing Charges ratio, Key Performance Indicators and other analysis as required
  • Preparation of an annual operating budget for the fund, liaising with the Investment Team and Administrator as appropriate.

Key Skills Required

  • Qualified Accountant (ACCA/ACA/CPA etc)
  • Broad knowledge of private equity preferably funds of funds, and the processes involved in servicing these funds
  • Experience in an operations environment in private equity
  • Understanding of the valuation concepts and principles within private equity
  • Experience in designing, monitoring and understanding the internal controls frameworks in place at each stage of a fund/product life cycle

£70-85,000 + Bonus

Eames Consulting is acting as an Employment Agency in relation to this vacancy.