Manager of Treasury - Private Equity Firm (career opportunity)

One of Carnegie's longstanding Private Equity clients is looking to hire for a Manager of Treasury - Private Equity

My client is a shining light in the competitive Global PE landscape and has offices in a range of major financial centres and is headquartered in London. With a truly entrepreneurial culture, the firms till retains a small company mentality and this provides employees with great visibility within the firm and access to Partners and employees of all levels of seniority.

This role represents a fantastic opportunity to further develop your skills / experience and profile within the Private Equity industry. The size and scope of the role will offer the appointed person an opportunity to continue to create and shape the strategy of the Treasury function, working to educate the business to ensure that this Treasury function is fit for purpose and ultimately in time be the best of breed within a firm where the FX complexities are getting greater. You will ultimately oversee all operations and policies related to the treasury function including but not limited to foreign exchange, debt management and cash management with support from a junior accountant. Corporate treasury experience or qualifications preferred.

My client is keen to speak with Treasury specialists that may have worked with / for buy-side firms within either the PE, Real Estate or Private Debt / Credit sectors (e.g. experience from a Risk Management advisory company would be of interest). You will need to understand the complexities around FX hedging, and, understanding of debt facilities and cash management at a fund level

The Role:

Foreign Exchange:

• Determine, implement and manage formal FX policy
• Manage and execute all FX requirements (Funds and Corporate)
• Manage existing ISDA agreements and ATE reporting. Negotiate terms and on-board new banks and Funds
• Execution of hedge transactions in conjunction with advisers
• Reporting of MTM positions, risks and exposures to Realisation Committee
• Manage relationships with FX bank counterparties and advisers
• Liaise with portfolio companies and advise on hedging strategy

Debt Management:

• Manage existing Fund level facilities (subscription lines, NAV facilities and revolving credit facilities)
• Liaise with portfolio companies and advise on interest rate hedging strategy
• Support senior management in negotiation of new borrowing facilities (Fund and Corporate entities)
• Manage relationships with facility providers and advisers, and the associated compliance reporting

Cash Management:

• Cash management of the Fund Partnerships. Liaising with fund accountants to ensure that Fund cash balances are managed efficiently
• Cash-flow forecasting for my client's listed vehicle, and efficient management of excess cash balances
• Support Corporate budgeting and cash-flow forecasting process
• Financial risk management

Other Responsibilities:

• Ad-hoc project work, modelling and analysis for Realisation Committee
• Support Fund and Corporate accounting teams