~ Private Equity Administrator
Interesting role for bright and enthusiastic candidate who has already made a good start in Finance :
To assist in all aspects of the administration for a wide range of onshore and offshore fund vehicles which include trusts, limited partnerships and companies.
This new role covers :
Client Reporting:
- Critical background knowledge of entities worked on.
- Effective communication with client, investors and other associated parties (based worldwide).
Dealing with both investor and client queries in an efficient and timely manner Purchase and Sale of Investments:
- Implements approval process effectively.
- Review of documentation / record maintenance.
- Implementation of payment / receipt of funds procedure.
- Correctly records receipt of documents of title and able to reconcile on a timely basis .
- Correctly records the receipt of funds.
- Understands purpose of holding companies.
Preparation of asset reconciliations Calls/Distributions:
- Understands the call/distribution process.
- Liaises with client and investors regarding receipt/payment of monies.
- Liaises with financial institutions receiving or making payment of funds.
Reviews and maintains records Bookkeeping / Cash Management:
- Understands basic bookkeeping.
- Liaises with senior staff on complex transactions.
- Understands cash management procedures for specific entities.
- Able to reconcile bank accounts on a monthly basis.
- Able to prepare cash reports on a monthly basis Loans – (Debt providers or shareholders).
- Implements approval process effectively.
Maintains all relevant loan documentation Basic Company Secretarial Knowledge:
- Understands basic company secretarial procedures.
- Understands how to draft company minutes for multiple jurisdictions.
Understands how to draft company agenda Transfer of shares or Limited Partnership Interests:
- Understands the process applicable to the entity.
Understands anti-money laundering regulations and how to maintain records Compliance:
- Has an understanding of the main Guernsey legislation as it effects entities under administration i.e. Guernsey Company Law, POI and FNCC legislation.
Has an understanding of the anti-money laundering legislation, particularly with regard to Investor ‘KYC’.