Finance Manager

Location: Lahore

Education: Bachelors Degree in Accounting & Finance / ACCA/ CA Inter

Experience: More than 5 years of experience and should be experienced at dealing with auditors and preparing financial statements and accounts for the fund.

Key Responsibilities:

Review and confirm the investment closing documents from financial control perspective before sending out the disbursement.
Report to the General Partners on the Fund’s accounts and prepare activity reports on a monthly basis. Details include but not limited to;
·   Produce a set of monthly P&L, Balance Sheet, Cash flow Statement and Capital Statements in accordance to IFRS.
·   Produce monthly bank reconciliation.
·   Produce monthly reconciliation schedule of all balance sheet accounts for the Fund.
·   Perform monthly valuation analysis for each portfolio investment and update Fund financial accounts accordingly. Produce a valuation report as supporting evidence for each change of portfolio holding value on the accounting book.
·   Submit portfolio update file monthly together with up to date portfolio cap tables and investment information
·   Perform Fund performance analysis report on a monthly basis (e.g. MOIC, TVPI, DPI, IRR).
Coordinate with the investment team to ensure periodic LP reports are produced in time with adequate disclosure of Fund financial information
Monitor Fund account(s) including all capital inflows and outflows in accordance with the Fund’s drawdown and disbursement process.
Keep track and archive all bank statements /capital call notices / IC minutes / Investment Memos/Closing documents /Valuation reports/ Portfolio Update files as audit trails.
Keep track of all capital call on a sub-ledger and reconcile with call notices.
Keep track of all capital disbursement on a sub-ledger and reconcile to disbursement documents.
Monitor and ensure all Fund level expenses (legal, business admin, insurance etc.) are accrued and paid in time.
Monitor the payment from LPs according to capital call notices are arrived in Fund’s bank in time.
Liaise and work with external auditors for yearly fund audit and ensure audit is completed and audit report is submitted to General Partner for distribution to LPs in a timely manner.