Associate, Fund Finance - Private Equity (12month FTC)

Associate, Fund Finance - Private Equity (12month FTC)

Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for providing innovative solutions covering the full lifecycle of investments, from primary fund commitments to co-investments and secondary purchases, across private equity, real assets and private credit.

We have partnered with more than 650 clients, including institutional investors of all sizes as well as a growing number of private wealth advisers and investors, with approximately $65bn in discretionary assets under management (as of December 31, 2023).

Leveraging our specialized experience and global team of professionals across Europe, the Americas and Asia, we invest with purpose and lead with expertise to build secure financial futures.

Pantheon Ventures ("Pantheon"), a $90B multi-strategy investment firm, is seeking an Associate, Fund Finance, for its Private Equity strategy. The candidate will have meaningful participation across a wide range of functions supporting the investment platform. The role is in London and involves supporting launching of new funds and products within a global investment firm. The candidate should be familiar with Private Equity Funds fund accounting, valuation, risk management, the role of third-party fund service providers and general finance and reporting oversight functions.

The Associate, Fund Finance, working alongside the Senior Associate, Fund Finance, and the Pantheon Private Equity teams, will play a central role in the Private Equity Fund Finance team. This will include key fund finance activities such as fund administrator accounting oversight, fund audit, reporting, valuation procedures, and other operational processes as required.

Key Responsibilities

• Partner with the Private Equity teams to provide financial and operational support to ensure that business objectives are met.
• Build and maintain good working relationships between the team and internal/external clients and suppliers.
• Provide financial and operational support for the set-up of new structures or funds, coordinating with the structuring team, internal counsel, external advisers, and Private Equity team to ensure operating frameworks are set up appropriately.
• Fund accounting review for Private Equity Funds, ensuring financial deliverables are high quality and financial statements are accurate and complete.
• Review and approval of fund expenses to ensure they are reasonable and understood.
• Review and approval of management/performance fees, as required.
• Assist in the delivery of funds' reporting and any regulatory reporting as required.
• Oversee third-party fund administration providers, depositaries, and other service providers in conjunction with the Third-Party Administration Management team.
• Assist with external audits for Private Equity funds, liaising with external auditors and addressing audit queries by deadlines.
• Review and approval of capital events such as calls, distributions and equalisations, as required.
• Ensure applicable control and risk frameworks and policies are adhered to and refine procedures to reduce operational risk.
• Complete other ad-hoc projects and tasks; support Private Equity and Investor Relations teams as required.
• Provide transaction support for acquisitions and creation of new entities to ensure transaction closings are achieved as planned.
• Attend relevant investment team meetings to understand the deal pipeline and coordinate operational requirements.
• Assist with fund extensions and liquidations related to Private Equity Funds as necessary.

Knowledge & Experience Required

Technical

• Recognised accounting qualification, with strong accounting skills
• Broad knowledge of private markets, preferably funds of funds or Private Equity, and servicing processes
• Customer focused, with a background in fund accounting/operations and a passion for quality and efficiency
• Experience designing, monitoring and understanding internal controls frameworks across fund/product life cycles
• Able to document processes, controls and procedures clearly (e.g., data flows, controls matrices)
• Ability to prioritise and manage own workload
• Experience in process change and improvement projects
• Excellent organisation and planning skills

Individual

• Proactive, with integrity
• Strong communication skills, both written and verbal; ability to develop partnerships with internal and external teams
• Professional scepticism: ability to challenge and verify information
• Problem solver: able to identify root causes and develop solutions

Note: This job description is not exhaustive. You may be required to perform other job-related duties as reasonably requested by your manager.

Pantheon is an Equal Opportunities employer. We are committed to building a diverse and inclusive workforce. If you're excited about this role but your past experience doesn't perfectly align, we still encourage you to apply.

EEO information and voluntary self-identification sections have been omitted from this refined description to comply with the instruction to remove non-essential form content. If needed for compliance, include only approved EEO language in your final job posting.