Fund Controller at Snatch.work

About the Role:

• This is a senior and highly autonomous financial professional role responsible for the end-to-end accounting, reporting, and operational management of client investment funds. 
• The Fund Controller is expected to act as a dedicated mentor to junior staff while maintaining proficiency in all technical and operational processes. Success in this position relies on strong leadership, meticulous attention to detail, and a commitment to meeting all internal and client deadlines.

Key Responsibilities:
Financial Control & Reporting

• Manage the comprehensive financial reporting cycle, including the preparation and review of General Ledger (GL) entries (e.g., cash activity, accruals, valuations).
• Review and prepare detailed financial statement workbooks and full financial statements.
• Calculate and review complex fund metrics, including Internal Rates of Return (IRR) and other relevant fund performance metrics.
• Prepare and review management fee calculations.
• Maintain proficiency in relevant GL and investor reporting software and utilise advanced Excel skills for financial analysis.

Audit, Tax, and Compliance Support

• Serve as a key contact during external audits, assisting with Prepared By Client (PBC) lists and providing necessary documentation.
• Prepare and review audit confirmations.
• Support the preparation and review of audit documentation, including financial statement footnotes and related calculations (e.g., financial highlights).
• Assist with inquiries and requests from external auditors.
• Support tax compliance efforts by understanding and reviewing core investment fund tax forms (e.g., Forms 1099, Form 1065, and Schedule K-1).

Operational & Capital Management

• Oversee all capital movements, including the preparation and review of capital call and distribution notices.
• Calculate and review allocations related to capital calls and distributions.
• Track the receipt of capital calls and reconcile distribution wires.
• Prepare and review bank wires for individual expenses, distributions, and portfolio companies.
• Ensure full compliance with client-specific wire policies and deadlines.
• Manage client deliverables and timelines and ensure documents are saved and organised properly.

Leadership and Training

• Lead and manage engagement teams to ensure client deliverables are consistently met and act as a dedicated mentor and trainer for junior staff on technical processes, industry knowledge, and software utilisation.

Requirements:

• Qualified CA (SA)
• 1 - 4 years of post-article experience
• Proven ability to manage and lead teams.
• Demonstrated ability to meet all internal and client deadlines.
• Strong understanding of the venture capital/private equity industry.
• Proficiency in financial software (GL/investor reporting) and Excel.
• Experience or capacity to train and mentor junior staff on technical skills and industry concepts.