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Financial Controller

  • Location Washington DC, DC
  • Category Finance / Accounting
  • Date Posted 06/14/2022
  • Type Direct Hire
  • Commitment Full-time/Flex
  • Job ID #4593

London based investment firm that exclusively invests in secure data networks including cybersecurity, energy security, and space is looking for a Financial Controller for their DC office 
 

Hours/Schedule: 40 hours per week 
 

Job Type:  Direct

 

Location Requirements: Hybrid    

Rate: Competitive salary with benefits 

 
Job Description: Looking for a Finance professional to join the global accounting team, to work from the Washington, D.C. office and to help improve operational performance. This position will report to the Director of Finance and Fund Accounting.

 
Responsibilities:  
 

US Financial Controller’s responsibilities are to:

  • Perform financial management and reporting for US Manager and GP entities;
  • Prepare annual budgets and forecast for US Manager and GP entities, in collaboration with the UK team
  • Process supplier invoices and payments according to the agreed terms;
  • Manage the management fee and fund recharge processes;
  • Lead the US payroll process and payments – including managing US HR / payroll providers;
  • Prepare weekly treasury reports;
  • Manage audits;
  • Coordinate tax accountants and tax reporting;
  • Maintain banking relationships across US group entities; and
  • Ensure compliance with SEC and other regulatory requirements.

Principal accountabilities include:

Financial and cash management
  • Prepare the Manager and GP financial monthly and quarterly reporting
  • Direct the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, operating expenses, and insurance records.
  • Coordinate the processing and payment of supplier invoices, fund recharges, operating partner invoice processing.
  • Work with the fund accounting team to invoice and collect management fees
  • Manage the banking relationship across all the group entities and administrate online bank account portals
  • Manage payroll processing for US employees
  • Point of contact for US employee benefits providers
Planning and analysis
  • Lead the preparation of the annual budget for US entities
  • Work closely with management to prepare cash flows, costs and revenue forecasts
  • Analyze change and advise accordingly
Control and structuring
  • In collaboration with the UK finance team:
    • Manage the development and implementation of procedures relating to financial management, budget, accounting, and payroll
    • Lead with the development and implementation of financial management and accounting systems and controls (current GL system is Aquila)
    • Establish system controls for new financial systems and develop procedures to improve existing systems
  • Prepare and maintain policy, procedure and control documentation related to financial processes
Audit, Compliance and Regulatory Reporting
  • Liaise with auditors for the planning, delivery and completion of annual audits
  • Coordinate preparation of external audit materials and external financial reporting
  • Prepare and review financial statements with management personnel
  • Prepare and file regulatory returns, in collaboration with the compliance team
  • Keep up to date with changes in financial regulations and legislation, including those form the SEC
  • Direct internal audits involving review of accounting and administrative controls
Tax
  • Lead and liaise with tax accountants for all tax reporting requirements
  • Ensure compliance with all state and federal tax reporting obligations and requirements
  • Pro-actively manage tax planning matters for new entities, structures, tax rules or other developments giving rise to tax planning considerations

Qualifications:  
 

  • At least 5 years’ experience working as an accountant in a financial institution, private markets sector, or SEC regulated entity
  • CPA or MBA desired
  • Financial control, planning and reporting experience
  • Private Equity or Venture Capital accounting knowledge preferred
  • The desire to embrace a culture of continuous improvement
  • Experience implementing and/or enhancing systems, processes and controls
  • Confidence in using finance systems and tools, including MS Excel
  • Clear and confident communications with senior level audiences
  • The ability to remain reliable, well organized and calm under pressure
  • A high level of attention to detail, and the ability to deliver a high level of accuracy
  • The ability to meet strict deadlines

 

 

FlexProfessionals respects and seeks to empower each individual and support the diverse cultures, perspectives, skills and experiences of its candidate network. FlexProfessionals does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. The candidates whose resumes are shared with our business clients are selected on the basis of qualifications, merit, and business need.