[ref. m986018] Vice President, Fund Operating Officer - London

Job Overview:

As such the incumbent will be involved in a broad range of financial and commercial activities and interacting internally and externally with a variety of different professional disciplines. These would include fund administration and operations, financing and taxation, legal, asset management and software management.

Key Responsibilities:

• Managing the Funds’ and Mandates’ quarterly investor reporting process, taking responsibility for the presentation and development of quarterly performance reports to the Investment Committee and quarterly investor reports.
• Ensure compliance with all FCA and other regulatory reporting and filing.
• Working on ad-hoc investor communications, presentations and any other additional matters relating to the Manager’s obligations under the Funds’ LPAs, side letters and asset management agreements, including presenting the financial performance.
• Preparation of ad hoc investor financial reports.
• Ensuring Funds’, Mandates’ and Manager’s compliance with obligations and undertakings in the LPAs, side letters and asset management agreements.

• Working with the corporate finance team to ensure that debt facilities and investment structures are compliant with Funds’ and Mandates’ terms and side letters, and that operational and tax efficient investment structures are maintained.
• Arranging and coordinating subsidiary board reviews of investments and responsibility for ensuring that subsidiaries are operated in a manner consistent with meeting the investment structuring objectives of the relevant entities.
• Monitoring and reporting on the quarterly real estate valuations and equity investment valuations.
• Managing the regular Fund forecasting process, working with the asset management team to identify and report on variances to business plan performance and where appropriate the implementation of remedial actions.
• Overseeing the management of the Fund’s and Mandates’ tax compliance and reporting obligations.

• Monitoring and managing the cashflows between the Funds and their investments and investment performance KPIs (business plan, actual, interim and forecast IRRs, multiples and cash yields).
• Day to day relationship with bridge facility providers.
• Monitoring and maintaining the Funds’ foreign exchange risk exposures.

Risk Management Framework:

• Maintain an effective risk management framework for the Funds and Mandates, including reporting to the Risk Management Committee on a quarterly basis on the following: fund performance, valuations, liquidity, foreign exchange, regulatory and statutory compliance, risk matrices and adherence to fund documentation.
• Maintain and update as appropriate (in collaboration with the Risk Management Committee and other Fund Operating Officers) effective and documented procedures in compliance with the firm’s regulated business plan.

Requirements

Qualified accountant, or an overseas equivalent, or CFA Experience or familiarity of the following areas:

• European real estate funds, specifically the added value sector.
• Cashflow management.
• Financial control, and property management systems and accounting.
• International financial reporting standards.
• Financial risk management (principally interest rate and foreign currency hedging).
• Private equity investment management principles and performance measurement.
• Report writing and presentations in English.
• European real estate fund and investment structures.

Skills:

• Able to work autonomously and as part of a team, within a matrix reporting structure.
• Strong communication skills, both written and oral.
• Confidence and clarity in presenting financial information and concepts.
• Strong analytical and financial skills, detail oriented and thorough.
• Able to multi-task and prioritise effectively.
• Able to work in a deadline driven environment.

Success Outcomes:

• Investor reporting is delivered within agreed timescales.
• Funds are operated in adherence to their LPAs without breaches.

Benefits

Holidays – 25 days per year plus bank holidays

Private Medical Insurance

Health Cash Plan

Pension

Death in Service

Employee Assistance Programme

Cycle to Work Scheme