Fund Controller Infrastructure and Private Credit

Job Description

Company DescriptionWe are Legal & General Investment Management (LGIM), the asset-management arm of Legal & General Group. Our purpose is to create a better future through responsible investing. We strive to achieve this through a strong sense of partnership with our clients,working together to achieve positive long-term outcomes. We draw on industry-leading expertise to innovate constantly across public and private assets, index and active strategies. And we are a responsible investor, rising to the challenges of a rapidly changingworld. We are truly international, present where our clients need us. Our teams around the world are highly dedicated, professional and collaborative and we draw strength from our diversity of talent. We are clear on what we stand for and our commitment to inclusivityanchors our behaviours. Job DescriptionWere recruiting for a Fund Controller- Infrastructure and Private Credit to join our Real Assets team within our Investment Management Division. We welcome candidates returning from a career break to apply for this role. Successful returner candidates will join the L&G Returner Programme and will be provided with transition support including a mentor, buddy and Career Returner Coaching Programme deliveredby Career Returners. The role is designed to act as the principal financial expert for a portfolio of private market funds. The incumbent will deliver superior financial insight and business acumen, aligned with the four central pillars of fund financial management: financial control, strategic financial guidance to the LGIM RA front office, management of financial risks, and engagementwith clients on financial issues pertinent to the funds. They will advise Fund Managers on investment structuring for debt and equity initiatives, including offering commercial, operational, tax, accounting, and risk management counsel to enhance and maximize returns. Additionally, the incumbent will foster a culture of ongoing enhancement within the fund financial management function, aiming to increase efficiency for the funds and the LGIM RA platform. This client-facing role requires the incumbent to represent LGIM RA to both internal and external clients, broader LGIM teams, and external fund service providers. The incumbents portfolio will encompass funds focused on infrastructure and private credit, based in the UK and Luxembourg. What youll be doing:

• The support for LGIM RAs front office fund and asset management teams involves executing fund strategies and delivering optimal financial outcomes for investors. This is achieved by providing financial business cases for fund setups and structuring transactionsto fulfill investment objectives
• To provide fund specific financial planning and analysis, budgeting, and stress testing to the fund management function to promote efficiencies and value for money for investors and to identify and address financial risks
• Assume responsibility for the sign-off of high-risk financial outputs generated by outsourced administrators, and enhance financial reporting by providing strategic commercial insights and conducting variance analysis prior to their distribution to clientsand other stakeholders
• Ensuring that the processes and outputs of financial and regulatory reporting, including financial statements and management information, are accurate, timely, scalable and in accordance with L&G Group, LGIM and LGIM RA accounting policies and standards
• Comprehend and interpret the essential financial performance indicators and risks within the specific portfolio, then summarize and counsel the LGIM RA front office to enhance risk reduction and maximize returns. Additionally, coordinate with LGIM RA financeto clarify the factors influencing both historical and projected financial performance
• Act as a trusted adviser and partner to LGIM and LGIM RA stakeholders (including tax, solutions, product, and distribution) on financial matters relevant to the funds
• Cultivate a robust relationship with the Business and Process Oversight function, deliver qualitative analysis on third-party outputs, and critically review LGIM RA processes. This includes providing foresight on key risk indicators and promptly notifyingrelevant stakeholders
• Be the primary point of contact for escalations and finance related issues relevant to the portfolio, working closely with internal stakeholders and third parties to find timely and effective resolutions

QualificationsWho were looking for:

• Professional qualification in accounting /finance
• Detailed understanding of finance principles relevant to the underlying asset classes, being primarily infrastructure and private credit, including valuation methods, investment analysis, return calculations, asset management practises and reporting required
• Proficiency in fund accounting principles and practises relevant to the underlying asset classes including financial statement preparation, NAV calculation, distribution waterfalls, fund set up and structuring, and asset acquisition and disposal
• Knowledge of regulatory requirements and compliance standards relevant to the underlying asset class including tax requirements and any other legal frameworks governing investment funds in the jurisdictions in which they operate.
• Ability to analyse the financial performance of the underlying assets and the overall funds including evaluation of KPIs and absolute/relative return
• Detailed knowledge and understanding of the financial operations relevant to Luxembourg domiciled fund vehicles
• Experience in dealing with all financial aspects relevant to at least two of the asset classes in the portfolio (being primarily infrastructure and private credit)
• Experience in funds and fund products including legal agreements, structuring, fee arrangements and investor liaison

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes

Generous pension contribution

Life assurance

Private medical insurance (permanent employees only)

At least 27 days holiday, plus public holidays, 28 days after 2 years service. Theres also the option to buy and sell holiday

Competitive family leave

Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice There are the many discounts we offer - both for o