What are the responsibilities and job description for the Head of Operations position at Cyperus Group, Inc?
About the Company - Our prestigious Private Equity client has engaged us to help them find their next Operations Leader. This Operations group is responsible for all aspects of fund management and investment operations related to firm funds. Additionally, the group supports the deal teams and internal marketing groups.
About the Role - Ideal Candidates will have significant experience in:
- Investment Fund Management
- Cash Management and Fund Liquidity
- Technology & Process Improvement
- Process & Project Management
Responsibilities -
- Coordinate all aspects of Fund administration
- Work with deal teams/fund counsel/tax advisors and portfolio company (“PC”) management on investment transactions and support
- Cash management including LP capital activity and credit facility analysis
- Manage and forecast credit facility usage including subscription credit facilities and NAV based credit facilities
- Manage capacity on the funds’ credit lines as well as borrowing base compliance/covenants
- Managing a team of 4 as well as an off-shore team
- Forecasting PC cash-flow and fund capital call needs
- Reading and interpreting LPAs and credit agreements
- Monitor fund LPA limitations and deal certificate compliance
- Oversee KYC/AML related inquiries including fund and investment structure charts
- Liaise with the fund accountants on deal transaction data
- Work with technology team to improve automation/reporting of manual processes
- Assist with special projects and internal ad hoc requests as needed
Qualifications - Bachelor’s Degree in Accounting or Finance, CPA preferred, but not required, Experience with Capital Markets and Credit Facility management, 12 Years of public accounting, private equity fund accounting, or private equity fund operations experience, Strong technical modeling skills, Ability to work in a dynamic professional environment and handle multiple projects and deadlines, Ability to build relationships and communicate effectively across multiple levels, functions and regions, Effectively work and communicate with members of the team to ensure established deadlines are being met in an efficient, accurate and thorough manner, Desire to implement process improvement opportunities, A self-starter with the ability to work autonomously, Proficiency in Microsoft Office (Excel, Word and PowerPoint) required
Salary : $225,000 - $250,000
