Caelum Capital UK - Group Financial Controller - Private Equity

About Caelum Capital

Caelum Capital Limited is based in London and is a specialist private equity investor focused on investing in premium beverage businesses based in North America and Europe with a focus on alcoholic beverages. Caelum was founded by Manish Rungta who is the Managing Partner of the firm. Caelum has closed its first investment in 2022 and has acquired a premium and innovative scotch whisky business based in London called Compass Box Whisky. Caelum investment model is an independent sponsor model, where individual fund structures are raised for each new investment and Caelum is focused on majority control investments in the beverage sector with each individual investment ranging from a minimum of US$ 50 million to US$ 200 million.Caelum's investor base mainly consists of large institutional investors from United States.

Job Description - Fund Financial Controller

We are looking for an experienced and organized operations and administration person to support the growing private equity business at Caelum Capital Limited. Caelum's fund structure for its investment is based out of Jersey, Channel Islands. You'll help the team with operational and administrative aspects of the current investment, including overseeing accountants, fund administrators, tax advisors, investor/limited partner requirements and also help the portfolio company finance teams on an ad hoc basis.

PLEASE ONLY APPLY IF YOU HAVE PREVIOUS EXPERIENCE IN FUND ACCOUNTING / CONTROL / ADMINISTRATION FUNCTIONS.

Core responsibilities will include:

1. Fund Operations Support:

i. Filing and maintaining all legal and investor documentation as well as ongoing minutes, resolutions, Board materials, updates etc in an orderly fashion

ii. Budgeting and tracking holding company expenses

iii. Filing and monthly payment of invoices

iv. Investment record keeping & coordination of billing and invoices

v. Compliance with fund agreements

vi. Oversight of fund administrators, accountants, offshore lawyers, tax advisors, insurance providers and auditors

vii. Opening bank accounts and managing signing authorities

viii. Issuing annual Call notices to investors for management fees and expenses for the fund

ix. Managing the annual audit process for the fund structure with the auditor

x. Managing the annual US tax reporting process with US LPs with the tax advisors

xi. Reporting key corporate events at the portfolio companies

xii. Maintain regular contact with investors and keep track of investor requirements

xiii. Assisting with creating and distributing Quarterly fund reporting for the investment structures

xiv. Overseeing preparation of quarterly management accounts for fund structure

xv. Preparing quarterly NAVs, capital accounts and valuations for the fund structure for LP reporting

xvi. Organizing quarterly Board meeting for holding companies and drafting agendas

xvii. Regular follow ups with administrators and service providers to make sure outputs are delivered in a timely manner

xviii. Negotiating annual fees and service contracts with accountants, tax advisors, insurance providers and auditors

2. Portfolio Support:

Support the private equity team and portfolio company finance teams on ad hoc requirements and value creation initiatives.

Successful candidates are likely to have a combination of the following key skills:

- At least 5+ years of manager or director level experience in fund administration / accounting / fund reporting and control

- Previous experience of working with institutional LP investors from US and Europe and managing reporting requirements

- Previous work experience demonstrating organizational, administration, project management, and analytical abilities

- Strong references from previous employers

- Experience in managing structures in offshore jurisdictions in North America and Europe (e.g. Delaware, Jersey, Guernsey, Luxembourg)

- Competent working with Microsoft Office products, including Excel, Powerpoint and Word

- Experience with financial modelling

- Self-starter, motivated, and enjoys an entrepreneurial atmosphere

- Collaborate effectively with onshore / offshore team and ability to work independently

- Well organized and detail oriented

- High levels of accuracy and numeracy

- Ability to multi-task

- Excellent interpersonal and communication skills

- Flexible, able to handle time-sensitive and complex issues

- CPA or ACA accounting qualification