Job vacancy Senior Fund Manager

Michael Page Africa
5th Floor, Medine Mews La Chaussée Street 11302, Port Louis
  +230 206 0000

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Job Type
Job Status
Full Time
14 September, 2020
Job Title

Senior Fund Manager

Job Location
Job Presentation

My client is engaged in the provision of investment advisory services for governments, development finance institutions, private equity firms, Fortune 100 companies, and research institutions, and uses private capital to make an impact on frontier markets.

The client operates in frontier and developing markets that offer significant investment opportunities.

Primary Responsibilities
* Oversee the financial close process for all regional fund entities, managing local accounting service providers in Mauritius and seven other African countries
* Perform cash balance reconciliations
* Manage quarterly and annual investor financial reporting processes, including approval of financial statements and capital account statements
* Design and implement a robust internal control environment across all entities and ensure adherence to group reporting policies
* Oversee invoicing and collections for operational assets
* Manage tax compliance and audit for operational entities, in conjunction with local service providers
* Prepare budgets and forecasts for fund entities
* Manage and track debt and cash balances for each fund
* Lead capital activity including capital calls, distributions, valuations, and finance facility sweeps/transfers
* Calculate fair value/NAV of investments where required
* Read and interpret investor agreements
* Collaborate with internal and external legal teams to monitor fund loan and equity covenants
* Collaborate with investment officers to design fund performance metrics and portfolio monitoring processes
* Recommend and implement automation and documentation of fund management processes
* Train new and existing team members to build Group fund management expertise

The ideal candidate will have the following skills and qualifications:
* Experience working across multiple African jurisdictions
* Interest in designing and implementing financial management and compliance processes for
newly established funds (process, team, systems, etc.)
* Comfort with ambiguity; ability to operate effectively within a growing business
* Ability to edit/interpret financial models for a wide range of structures and scenarios
* Working proficiency with Deltek, Preqin, Sage Suite or similar preferred
* Desire to play a senior role advising the scale-up of innovative financing ventures

Required skills and qualifications:
* Strong quantitative and technical accounting skills
* Chartered Accountant, CPA, CIMA, or similar qualification
* 2-5 years post qualification experience, preferably working in private equity, venture capital or
infrastructure fund management
* Understanding of the key commercial terms in legal contracts and how to apply them to
fund management processes
* Proficient in Microsoft Office (Word, Excel, PowerPoint)

Reference number
Valid Till
14 Dec, 2020

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