Renewable Energy Fund Controller - London, United Kingdom - TIAA
Description
Glennmont Partners manages funds which invest in renewable power generation projects and assets in Europe. The funds are invested in a mix of capital appreciation and cash flow generative assets.Investments include assets in operation, construction and development projects in four main areas:
wind, solar, hydro and biomass.
The senior management team comprises four partners with more than 40 years of international experience in clean energy as well as utilities and M&A execution.
The Asset Management Team report to the senior management through the Asset Management Committee
As the Fund Controller you will be responsible for a broad range of external and internal reporting and the overall monitoring of the firm's investment portfolio in Europe or globally as the fund strategy may require.
Key Responsibilities:
Fund management
Run and maintain the fund model
Manage all internal & external reporting deliverables.
Lead approver for regular reporting to investors (partner statements / quarterly reports and annual accounts)
Support other investor reporting processes including ad hoc queries, specific templates and ESG compliance.
Support the fundraising efforts through the timely management of prospective investor queries and additional analysis and reporting
Lead the development of best in class reporting standards
Coordination Accounts Payable / Accounts Receivable and overall Fund cash flow management (including distributions, drawdowns, closings, equalisations and management fees)
Determine fund performance levels and trends in performance, strong understanding of the financial metrics and key value drivers behind these
Oversee the audit engagement and interaction
Support fund management through interaction with fund administrators and other third parties.
Support the integration in the existing portfolio of new investments from a legal, accounting, tax, modelling viewpoint
Support the set-up of new products from a legal, accounting and tax perspective
Support fund standardisation of key process (tax, governance, third party service providers, Financial, reporting, etc...)
Responsibility for Fund level financing facilities, including arrangement and day-to-day management (covenants compliance and reporting)
Maintain strong communication links and knowledge sharing with the asset controllers
Manage the asset valuation process in a timely, coordinated and efficient manner with due regard to all stakeholders
Support and oversee integration and efficiency workstreams to improve and refine processes
Support and oversee tax management
- Manage tax advisors
- Oversight annual tax computations
- Oversight Fund tax compliance
- Support delivery of Group Transfer Pricing exercises (if applicable)
Strong financial service background gained in: fund administrators, Big 4 accounting firms and similar advisory firms, energy infrastructure funds, private equity funds, energy utility (finance or strategy department)
Financial control experience in Fund Management desirable.
Transaction experience desirable (from origination to execution) financial modelling experience
Relevant experience of power industry desirable
Fluent English required with additional European languages preferable
Experience with Project Finance documentation and interaction desirable
Clear understanding of UK (preferably European) laws and regulation in relation to AML, regulatory compliance and risk
Strong knowledge about the Alternative Investment Fund Management Directive
Ability to understand key business and strategic objectives of the company and integrate business, legal, and regulatory concepts to develop effective internal controls and risk management strategies
Financial services experience
A strong academic background is required Interest in the renewable energy sub-space is a prerequisite
Experience in management accounting, investment review, tax structuring
Power industry background is an advantage
Sound and solid financial toolkit (building models, analysing financial statements, performing valuations, structuring deals)
A strategic approach with sound business judgment. Interest in the regulatory compliance space
ACA, CIMA, ACCA desirable
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Company Overview
Nuveen is the investment management arm of TIAA.
It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives.
Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides.
As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future.
For more information about the firm please visit our website atAccessibility S
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