CFO / COO
Expanding specialist private equity firm
£150,000 - £200,000 (permanent, interim or daily rate will be considered) + bonus + benefits
Surrey & London
THE COMPANY
Asset backed Private Equity firm have an exciting and varied role within a small team. The role will include all aspects of oversight of the finance function, advising on appropriate deal structuring and execution. The role will be for a minimun of12 months and could become permanent.
SKILLS AND EXPERIENCE REQUIRED
To be considered for the role, you should meet the following criteria:
- Qualified accountant with at least 7years PQE
- Previous experience at C-Suite level in a Private Equity environment or looking to make the first move to CFO
- Extensive transactional experience
- Experience with Vendor Assistance / Due Diligence
- Proven track record of successful transaction experience
- Strong controls mind-set with a focus on operations
- Project management skills
- Good people management skills
- Good communication skills within the company and externally to investors and other stakeholders/partners.
THE ROLE
The role is to act as Chief Financial Officer / Chief Operating Officer of the Group, reporting to the Managing Partner on the financial, compliance and operational affairs of the Group and to
undertake the various roles associated with such a position, including the following:
Finance, Tax and Company Secretarial
- Responsibility for the quarterly and annual accounts, audit and treasury affairs for the Group and any subsidiary entities thereof and liaising with investee companies, accountants, banks, administrators and custodians;
- Responsibility for quarterly and annual reporting to investors in the Funds and collation and preparation of all reporting information and investee company valuations;
- Oversight and preparation of GPs and Advisors annual budgets, cash management and long-term forecasts;
- Oversight of all tax related aspects of the Group and Funds including new transactions and the finalisation of tax aspects around the exit of one of the Funds.
- Oversight of tax advisors in the preparation of transaction Plans for new transactions and exit of a Fund.
- Responsibility for the Funds documentation and any changes thereto and all corporate/company secretarial affairs of the Group including movement of cash between fund subsidiaries;
- Responsibility for improving and managing the portfolio monitoring system;
Deal Structuring and execution
- Interfacing with the investment team where required and advising on appropriate deal structures for transactions;
- Assisting in the establishment of legal entities for acquisitions and having oversight of the financial affairs and funding structure for such entities;
- Responsibility for managing capital calls and investor record keeping/capital accounts for the Funds, including all capital flows to and from the Funds to portfolio companies, and distribution of all realizations back to investors;
New Fund launches
- Providing operational support and liaising with potential LP's in new fund launches;
- Managing the process for closing investors into a fund, the transfer of interests and cash distributions;
- Overseeing potential co-investors into an existing fund;
- Selection and appointment of board members of a General Partner entity;
Reporting
- Oversight of Funds and GPs board meetings and preparation of associated papers and board minutes;
- Quarterly and annual reporting to LP's;
- Assisting with provision of information and documentation in respect of debt facility and political risk insurance for the Funds' portfolio companies;
- Luxembourg fund structure knowledge would be useful.
Compliance
- Assuming the Chief Compliance and MLRO role, along with interfacing with relevant service providers and ensuring all regulatory requirements are complied with, manuals updated, and reports submitted;
- Compliance and regulatory work for all entities in the Group, working with compliance consultants;
Operations and HR
- Generally ensuring the smooth running of all non-investment activities of the Group.
- Managing and recruiting the employees within the finance and operations team;
- Liaising with and managing all service providers to the Group including IT systems;
- Managing HR related matters as requested and staff expense claims and processing;
- Processing of salaries and partner drawings. Management of records on staff bonuses, loans and retention schemes;
- Oversight of the Funds' carried interest schemes;
- In conjunction with the General Council, review and negotiation of all contracts involving premises, equipment leases, telecom contracts, external service providers;
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