Finance Principal

Finance Principle - Multi Family Office, London

My client is a leading independent, London-based, Private Investment Office managing capital of around 20 wealthy families and institutions. They oversee approximately $3bn of capital for these clients, providing a mix of outsourced CIO and discretionary investment management services.

They are now looking for a Finance principal to take on roles which were previously outsourced.

• Preparation of management accounts;
• Preparation of annual budget;
• Completing and submitting FCA returns accurately and on time;
• Preparation and collation of information for board packs;
• Cashflow management including weekly payment runs and bank and credit card reconciliations
• Quarterly client invoicing;
• Preparation of year-end financial statements;
• Supporting external auditors as required;
• Ensuring good systems and processes to enable timely management reporting;
• Tax management (VAT returns, Corporation tax returns, payments to HMRC, consortium relief etc).

• Attending quarterly compliance monitoring meetings;
• Preparation and maintenance of the ICARA document;
• Preparation of annual AMLRO and SYSC reports;
• Maintaining gift, entertainment, conflicts, approved person and breaches registers;
• Working with HR on training policy, annual F&P reviews and PA trading returns are completed;
• Ensuring conflicts policy is maintained and updated where appropriate;
• Ensuring website disclosures and policies are updated;
• Ensuring management is kept abreast of any new reporting or regulatory requirements;

• Assist in consolidated reporting for private clients;
• Assist with tax queries;
• Act as an outsourced provider of (non investment related) family office services;

• First class academic background, up to degree level
• Minimum A-level qualifications (or equivalent) in Mathematics, Economics or have done a quantitative degree
• Qualified UK accountant (ACA) with good understanding of accounting principles, financial analysis and reporting standards
• Minimum of 5 years of work experience in a finance role in a related field – e.g. a (multi) family office, asset manager or private equity / hedge fund
• Previous experience of FCA returns and some familiarity of the regulatory environment would be helpful but not essential