Fund Operations Project Manager Birmingham , London

Capital Dynamics; Birmingham; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A global asset management firm is seeking a Fund Operations Project Manager to lead the transformation of fund administration and operations. This role requires extensive fund accounting experience, project management skills, and a background in private equity. The successful candidate will oversee third-party fund administrators and ensure compliance with legal and tax requirements. This position is based in Birmingham or London and offers a full-time, fixed term contract.

Qualifications

• 8 to 10 years' relevant experience in private equity or similar financial organizations.
• Experience in carried interest accounting and calculation is essential.
• Strong understanding of fund legal documents and oversight model.

Responsibilities

• Project manage the end-to-end fund operations transition process.
• Oversee the production of carried interest calculations and reporting.
• Liaise with fund administrators to review financial statements and handle audits.

Skills

Fund administration

Project management

Fund accounting experience

Fluent English

Education

Qualified Accounting (ACA / ACCA / CIMA or equivalent)

Job description

To apply, please email your resume and any additional information to

Role: Fund Operations Project Manager

Location: London or Birmingham

Contract Type: 12 Months - Fixed Term Contract (Full-time)

About Capital Dynamics:

Capital Dynamics is an independent global asset management firm focusing on private assets, including Private equity (primaries, secondaries and direct investments) and Clean Energy.

Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees more than USD 15 billion in assets under management and advisement and employs approximately 150 professionals globally across 13 offices in Europe, North America, and Asia.

Capital Dynamics is a recognized industry leader in responsible investment, receiving top marks (Five Stars) from PRI across all categories and investment strategies, as well as achieving strong results in GRESB benchmarking for its clean energy strategy.

Department Overview:

The Capital Dynamics Finance team manage all elements of operational finance, reporting and regulatory reporting obligations. Further, the team provides oversight, controls, and protection to safeguard the firm's interests and budgets while upholding the financial integrity of the business. The team also collaborates with the business and stakeholders to drive value creation and efficiencies within the wider organization, either directly or by enabling improved performance to support the firm's continued growth.

Role Purpose:

Capital Dynamics (CD) seeks to engage an experience fund accountant / controller who will operate in the role of Fund Operations Project Manager - to lead the transformation of our fund administration and 'carried interest' operations. The successful candidate will become a key member of the fund operations team and will oversee the work delivered by our third-party fund administrators. The role requires strong general fund accounting experience, proven knowledge of carried interest calculations, and experience working in the private equity or asset management sector.

Key Tasks and Responsibilities:

• Project manage the end-to-end fund operations transition process and mitigate risks associated with assigned transition events.
• Work closely with internal stakeholders to manage projects, and transition events in accordance with agreed processes and procedures.
• Manage communication internally and externally to ensure all stakeholders are aware of progress and are contributing towards the target completion dates.
• Produce progress reports and provide clear and definitive updates as required for project meetings, Committees and Steering Group meetings.
• Work alongside legal team on the review of existing limited partnership agreements (LPA's) to identify and define relevant fund-chargeable services.
• Support LPA monitoring, compliance, and refinement of existing and new terms for new fund vehicles.
• Oversee the production of carried interest calculations and reporting for all Capital Dynamics funds, in collaboration with CD fund operations and the third-party fund administrator.
• Work alongside tax experts to ensure legal, tax, and regulatory requirements for CD funds are met.
• Review of net asset value (NAV) calculations.
• Work with CD third-party fund administrator to maintain accurate loan and credit facilities.
• Liaise closely and effectively with our fund administrator to review financial statements, audited annual accounts, coordinate the audit process, and manage and discharge audit queries.
• Ensure all relevant tax compliance obligations for investment funds in domiciled jurisdictions.
• Support the preparation of accounting, tax, and reporting for CD employee investment vehicles.

Skills, Education and Qualifications:

• Qualified Accounting (ACA / ACCA / CIMA or equivalent).
• Minimum of 8 to 10 years' relevant experience, with at least the last 4 working in a private equity firm or similar financial services organization - i.e. Venture Capital, Asset Management, etc.
• Extensive knowledge of account standards - IFRS, US GAAP, and UK GAAP is beneficial.
• Proven track record in fund administration / fund accounting, asset management audit, or tax consulting.
• Experience of carried interest accounting and calculation is essential.
• Excellent project management experience.
• Understanding of US federal tax processes including K1 / 1065, K2, and K3 filings is highly desirable.
• Solid technical and working knowledge of the topics of fund legal documents (LPA's) and fund oversight model.
• Strong understanding of private company securities and legal/structural preferences, and modelling abilities.
• The ability to document, justify, and demonstrate complex fund finance, accounting, and fund operation matters.
• Ability to analyze and organize large amounts of data in an efficient manner.

Languages:

• Must be fluent in English and display superior verbal/written communication skills.

Diversity & Inclusion:

Capital Dynamics is an Equal Opportunity Employer and is committed to creating a global diverse workforce. We are a global company with 23 nationalities represented across our staff in 13 offices, spanning North America, Europe, the Middle East, and Asia. We believe diversity and inclusion (&D&I) is key to being better at what we do, and our initiatives are designed to attract, develop, and advance talented individuals, regardless of race, sexual orientation, religion, age, gender, disability status or any other dimension of diversity. We welcome and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply to join Capital Dynamics.

Please inform our recruitment team if you have a disability, condition or difference that may require us to make any adjustments as part of your application process or during employment.