Finance Manager - CASS 7 - Investment Firm

Excellent opportunity opens for a Finance Manager to join a London-based Investment Firm. You will own the financial control function, client money reconciliation and regulatory reporting. The successful candidate will be an ambitious Finance Manager willing to take on a broad visible position, working closely with the CEO and Founder. This is an opportunity to become FCA certified.

Key Responsibilities:

Financial Control

1. Month end close for every entity in the group, to an agreed calendar.
2. Statutory accounts to 31 December and management of the audit.
3. Management reporting to the Managing Director, the CEO and shareholders.
4. The chart of accounts and the accounting treatment of direct investments, SPV wrappers and carried interest.

Client Investment and CASS

1. The daily internal client money reconciliation under CASS 7.16. Sterling and dollars are reconciled separately and never summed at an exchange rate.
2. The external reconciliation against the bank's statements.
3. The client money ledger, so that every bank receipt resolves to a named investor and a deal.
4. CASS 7.18 acknowledgement letters, records retention and the annual CASS audit.
5. Reporting any CASS breach to the Managing Director and to compliance without delay.

Regulatory Reporting

1. Quarterly MIFIDPRU returns on RegData: FSA029, FSA030, MIF001, MIF002, MIF003 and MIF004. The own funds requirement under MIFIDPRU 4.3, covering the permanent minimum requirement, the fixed overheads requirement and the K-factor requirement.
2. The basic liquid assets requirement under MIFIDPRU 6.2.
3. The ICARA document and the wind-down plan, prepared with compliance.
4. Companies House and HMRC filings for the UK entity, and the non-UK filing calendar for the Delaware and Cayman entities.

Fund and SVP Accounting

1. Books for the Delaware series SPVs and the Cayman fund.
2. Capital accounts, drawdowns, distributions and the carried interest calculation.
3. Investor capital statements and periodic investor reporting.
4. Working with the Cayman administrator and a CIMA approved auditor.

Experience:

1. Qualified accountant. ACA, ACCA or CIMA.
2. At least five years post qualification, including time inside an FCA authorised firm.
3. Hands-on client money experience. You have run or reviewed a CASS 7 reconciliation, not read about one.
4. Preparation of FCA regulatory returns. MIFIDPRU is preferred. IFPRU or BIPRU experience with a willingness to retrain will be considered.
5. Fund or SPV accounting, including capital accounts and carried interest.
6. Multi-entity and multi-currency consolidation.
7. Anti-money laundering work at a level that supports an SMF17 application. Customer due diligence, sanctions screening, suspicious activity reporting and the annual MLRO report.
8. Willingness to own the whole ledger yourself rather than review someone else's work.

Finance Manager Financial Controller Senior Finance Manager ACCA ACA CIMA CASS CASS 7 Regulatory Reporting Accountant Accounting Reg Reporting SVP AML Anti Money Laundering Management Accounting