Senior Fund Controller

Equifind; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Equifind is partnering with a global private equity house to recruit a Senior Fund Controller to build and evolve a CLO platform from ramp to a mature issuance programme, with clear ownership over the finance function's shape.

You will be the financial owner of the manager entity, controlling the debt issuers, NAV and collateral reporting oversight, and developing the reporting framework as the platform scales.

Qualifications

• Qualified Chartered Accountant with audit background.
• Minimum 6 years CLO or leveraged finance experience.
• Experience overseeing NAV production and external administrators.

Responsibilities

• Design, build and stress-test waterfalls across credit products, final point of challenge before figures are relied upon.
• Lead preparation and review of annual financial statements and issuer-level reporting packs; direct the full audit process with auditors.
• Own the management entity's books and records end-to-end; ensure capital accounting is accurate across investor classes.
• Oversee NAV, collateral valuation, and position reporting delivered by external administrators; hold them to quality and timeliness.
• Produce quarterly management accounts, cash flow schedules and internal reporting for senior leadership.
• Sign-off on periodic reports from trustee and collateral administrator ahead of distributions to investors and rating agencies.

Skills

Chartered Accountant

CLO/Leveraged Finance

Autonomous Working

Attention to Detail

Job description

Equifind are supporting a global household name in private equity to hire a Senior Fund Controller, as they build out their growing CLO business.

This is a role about building, not running what already exists. You'll define how the finance function evolves as the product scales, from early ramp-up right through to a mature, fully operational issuance programme, with real ownership over the shape it takes rather than inheriting someone else's setup.

You'd sit as the financial owner of the manager entity, controlling the debt issuers, waterfalls, NAV and collateral reporting oversight, fee income and returns on retained notes, and building the reporting and control framework as the platform grows.

It's backed by a group with serious capital and a strong track record, but you'd be working in a newer part of the business, one where you'll have real influence over how the fund is run and space to put your own stamp on it.

• Design, build and stress-test interest and principal waterfalls across the firm's credit products, acting as the final point of challenge before figures are relied upon
• Lead and take ultimate accountability for the preparation and review of annual financial statements and issuer-level reporting packs, directing the full audit process with appointed auditors
• Own the management entity's books and records end-to-end, ensuring capital accounting is accurate and defensible across all investor classes
• Take full oversight responsibility for NAV, collateral valuation and position reporting delivered by external administrators, holding them to account on quality and timeliness
• Drive the production of quarterly management accounts, cash flow schedules and internal reporting for the group, presenting directly to senior leadership
• Own final sign-off on periodic reports from the trustee and collateral administrator ahead of distribution to investors and rating agencies

Experience required:

• Chartered accountant, preferably trained in an audit firm
• A minimum of six years experience within a CLO or leveraged finance platform
• Demonstrated experience overseeing external administrators and NAV production, including review and challenge of third-party valuations, accruals and reporting
• High attention to detail
• Ability to work autonomously with minimal guidance

Package on offer:

The package on offer is competitive and commensurate with the market. There's also a performance-based bonus, generally considered to be at the upper end of the market when compared with competitors. The fuller benefits package can be shared with candidates during consultation.