George Town, George Town, Cayman Islands
Head of Fund Services for the Cayman Islands with overall responsibility for the management, operations, business development and client service delivery of the Fund Administration teams.
• Working with the Managing Partner and Investment team to analyse and due diligence prospective investment opportunities • Responsible for all financial control for the Company and for the SPV’s of the Renewable Energy Fund • Monthly financial reporting to Managing Partner including P&L, variance analysis, forecast vs budget • Preparation and review of annual budgets, reporting variance analysis direct to Management and making recommendations • Management of UK and foreign operations (predominantly within EMEA), management reporting, P&L forecasts and statements, cash forecasting, budgeting and planning • Review the bi-annual NAV calculations for the Fund including DCF calculations • Review day to day cash management of the Company, Fund & General Partner and individual SPV’s • Prepare cash flow forecasts and budgets in order to assess cash needs and timings of financing requirements (shareholder and bank facilities) • Responsible for annual group audit under IFRS, corporation tax, and monthly VAT returns • Maintain Company compliance requirements with the Financial Conduct Authority (FCA), including regulatory filings and Tier I capital requirements • Manage the monthly payroll process, including personal tax calculations and employee benefits • Negotiate and manage supplier relationships, including corporate healthcare and IT service agreements
- Handled resource forecasting, budgeting and variance analysis in the Shared Services Department - Worked with Senior Management to review and set ‘book of work’ and prepare project budgets - Reported to Executive Management on variance analysis and review of financial results - Reviewed/ updated the Deployment Strategy for CFO Change, ran workshops with Senior Managers
- Handled Group Financial Reporting for a new Bank and for its investment Companies - Prepared and reviewed monthly consolidated financial statements reporting direct to Management - Reporting on monthly budget variance analysis direct to Senior Management - Reviewed monthly and quarterly financial results, reporting analysis to Executive Managers - Handled IFRS Conversion; responsible for the Group’s conversion from Canadian GAAP to IFRS - Prepared financial statements complying with IFRS / Canadian GAAP, managing audit process - Handled external auditors; prepared quarterly reports to Bermuda Regulatory Authorities
- Successfully managed multiple audit teams, for the biggest accounting firm in Bermuda - Handed auditing responsibility for Hedge Funds, Trusts, and Corporations - Provided guidance on the application of accounting standards (IFRS / US GAAP / Canadian GAAP) - Trained and coached team of up to 20 accountants, focussing on client contact and negotiation skills - Handled regular management responsibilities - presentations to the Audit Committee and to Client Companies, Credit and Risk Monitoring, Project Management, Financial Planning and Organisation