Financial Director

Key Responsibilities for the Director of Private Funds

As the Director overseeing multiple private drawdown funds across various jurisdictions, you will play a pivotal role in managing finance and accounting functions while collaborating with a range of stakeholders. Here’s a breakdown of your primary responsibilities:

1. Overall Ownership of Private Funds:

- Lead and manage financial reporting processes, year-end audits, and quarterly reporting for all private funds.

- Ensure that all financial documentation is maintained with the highest standards of accuracy and compliance.

2. Investor Relations:

- Collaborate with the Investor Product Team to prepare and deliver quarterly investor letters.

- Ensure that all communications are timely, accurate, and meet the expectations of investors.

3. Team Management:

- Oversee the internal operations and finance team, ensuring effective performance and professional growth.

- Manage relationships with third-party administrators to ensure smooth operations and accurate reporting.

4. Fund Review and Compliance:

- Conduct detailed reviews of funds across various jurisdictions.

- Work closely with Tax and Compliance teams to address any tax implications and ensure adherence to regulatory requirements.

5. Capital and Fees Oversight:

- Oversee reviews of capital allocation, incentive fees, and Net Asset Value (NAV).

- Validate the accuracy and completeness of the NAV package.

6. Expense Management:

- Supervise, review, and approve all fund-related expenses and invoices.

- Maintain financial integrity and accountability in expense management.

7. Process Improvement:

- Collaborate with the executive team to identify and enhance current processes and systems.

- Drive operational efficiency within the fund management area.

8. Stakeholder Engagement:

- Engage with auditors, administrators, and custodians to ensure all fund-related operations are efficiently managed.

- Foster productive relationships with key stakeholders to facilitate smooth operations.

9. Leadership and Development:

- Provide leadership and mentorship to the finance team, fostering a culture of excellence and collaboration.

- Encourage continuous improvement and professional development within the team.

10. Cross-Functional Collaboration:

- Work closely with internal teams, including Legal, Tax, Investor Relations, and Operations, to ensure comprehensive management of funds.

- Facilitate effective communication and collaboration across departments.

11. Industry Awareness:

- Stay abreast of industry trends, market conditions, and changes in financial regulations.

- Anticipate potential impacts on fund operations and proactively address them.

General Qualifications

People Leader

- Strength Identification: Recognize and harness the individual strengths of team members, guiding them towards achieving their potential.

- Strategic Engagement: Engage the team in discussions about long-term strategy and ensure they understand their contributions.

- Delegation and Focus: Delegate essential responsibilities while focusing on strategic priorities to optimize team effectiveness.

- Teamwork Promotion: Encourage innovative problem-solving, enabling team members to propose solutions and brainstorm collaboratively.

Results Driven

- Goal Orientation: Strive to exceed team goals by identifying and seizing opportunities for improvement.

- High Standards: Set ambitious yet achievable goals for the team, pushing limits on performance standards.

- Opportunity Recognition: Continuously identify and act on emerging opportunities to surpass performance targets.

This role is critical to ensuring the successful management of private funds, contributing to the organization’s financial objectives while fostering a culture of teamwork and excellence.