Financial Director Job – Family Office

Pembury Partners are currently looking for an upcoming Financial Director with strong experience working in family offices settings to join an international FO London-based.

APPLICATIONS: closed

Background on Family Office (FO):

• • Principal of FO is UHNW UK individual who is fully occupied in separate business that has generated the family wealth.
  • Principal is expanding the business interests of the FO through increased exposure to a range of investments from real estate through to private equity style investments, in the UK, US and elsewhere.
  • FO currently has:
  • Property assets in UK, France and Caribbean.
  • US Business Partnership that owns property assets in the US.
  • Private Equity style investments in the UK.
  • Other assets and investments associated with UHNW individual

Role and Responsibilities:

• • Role is part of small FO structure that is split between the UK and US. The FO HQ is London and the role is as one of 4 employees in the UK office. One of the four is the Finance Manager who will report directly to this role.
  • The London Office also provides all finance function support for the US Office where the Principal’s partner and family are based.
  • The responsibilities of the role are both ‘broad’ and ‘deep’ – in essence to be the ‘first port of call’ for all things financial.
  • Central responsibility is to lead the London finance function through the day-to-day management of the Finance Manager, whose responsibilities include:
  • preparing and maintaining the books and records
  • cash management
  • payroll reporting and payments to suppliers
  • tax compliance
  • financial management reporting for the Principal showing movement in net wealth, cash, operating income and expenditure
  • management of finance calendar – ensuring all deadlines are met (internal, external, regulatory, service provider agreements, payments).
  • Corporate secretarial – keeping registers up to date for the various entities / working with the service provider to achieve this
  • Wider responsibilities include:
  • Enhancing and maintaining the formal operating and reporting processes of the finance function – including the reporting from overseas operations.
  • Management of the 3rd party IT provider and evaluating alternative solutions
  • Tax planning and reporting for FO and the Principal – with support of external advisers.
  • Dealing with external advisers such as accountants, lawyers, bankers, property agents
  • Preparation of financial plans and budgets for the FO
  • HR – management of joiners & leavers, inc. pension, benefits and insurances.
  • Management of telephony system provider
  • Handling personal investments and disposals made by the Principal eg Trade coordination and settlement
  • Cost analysis / evaluation of service providers for key assets
  • Bank financing of existing assets and future investments.
  • Insurance of current assets and investments.
  • Review and monitoring of budgets and progress of the underlying investments.

Reporting and Communication:

• • Direct line report to Principal
  • Direct reporting to US Partner

Personal Characteristics:

• • Confidence in dealing direct with the Principal and Partner
  • Self-starter with a can do attitude
  • Ability to work to short response timelines
  • Methodical, structured and detail orientated
  • Understanding of the FO environment, in particular the need for discretion and confidentiality

Experience

• • Required – Establishing and maintaining financial management and reporting processes for small/medium sized business with overseas operations
  • Preferred but required – Family Office/HNW exposure

Salary and Benefits:

• • £70,000 plus bonus

To discuss this role further please contact Darren Lewis at darren.lewis@pemburypartners.com