Fidelio Partners, Associate Director

Location
Gibraltar (GB) (GI)
Salary
Base salary: £90 – 110k
Posted
25 Jan 2019
Closes
24 Feb 2019
Seniority Level
Director
Contract Type
Full time, Permanent

Role Summary

Our client, a global, multi-sector investment firm, is seeking an Associate Director to work closely with its Executive Director and Country Head of Gibraltar, with a view to taking over this position in the mid-to-long-term. The Associate Director will be supporting the group as an investment professional, working on a portfolio of existing and new projects, spanning multiple geographies, industries, and sectors; operating with the considerable support of the existing Gibraltar team.

This is an exciting role with an international, multi-sector investment business, seeking to become the pre-eminent firm in its field, while building a world-class and diversified global business. The chosen candidate will be instrumental in the running of the Gibraltar office and maintenance of relationships with key contacts, such as the Group Board and COO.

The core activities will comprise of the smooth operations in the Gibraltar Office, including budgets, HR, and processes; as well as ad-hoc project work in a very fast-moving and entrepreneurial environment, and quarterly financial reporting. The Associate Director is also expected to “grow into the role”, to facilitate a smooth and unproblematic handover of the position of Executive Director and Country Head within a maximum of three years.

Role Overview

The key responsibilities for the Associate Director will be:

Corporate Finance:

  • Critical analysis and review of investment projects, deal materials and financial models
  • Development of Board recommendations on all major Group investment decisions
  • Executing engagement letters following sufficient levels of diligence
  • Ongoing provision of deal updates to Head Office key personnel

Directorship Duties:

  • To become director on 9 Gibraltar entities (2 of which are service companies, 7 holding companies)
  • Collectively holding very large net assets, and significant turnover
  • Vigilant scrutiny of all Director decisions and corporate benefit for all transactions
  • Responsibility for effective and efficient execution of transaction documentation (Resolutions, Board Minutes, etc)

Ad-hoc Assistance in Diverse Projects:

  • Assisting the COO, Director of Strategy, Gibraltar Executive Director and Director of Corporate Development in a wide variety of analytical assignments:
    • Analysis of portfolio company performance
    • Hedging and competitor analysis
    • YE valuation models for portfolio companies
    • Work on incentive agreements and models
    • Preparation of slide decks, board materials and info memos
  • Assist Group Tax Director with Group Tax Structuring (if sufficiently knowledgeable and interested)

Gibraltar Office Oversight:

  • Overall responsibility for the smooth running of the Gibraltar office including:
    • Budget setting and P&L ownership
    • HR (staff appraisal, development, hiring/firing)
    • Adherence of office to processes around Group structure and tax sensitivities
    • Overall responsibility for all deliverables

Group Financial Reporting:

  • High level responsibility for quarterly reporting to Group for two Gibraltar service companies including:
    • Management accounts
    • Gibraltar budget versus actual
    • Cash forecasting and management
  • Adherence to, and input into creation/amendments of, Group Policies on Tax, FX and Treasury (Group Treasury and Tax functions are policy owners)

Local Statutory Tax and Accounting Reporting

  • High level responsibility for all statutory reporting for two Gibraltar service companies including:
    • Audited Financial Statements
    • Corporate tax returns
    • Employment tax returns
    • Companies House filings

Reporting Lines and Resources

The Associate Director will report directly to the Executive Director, with a view of taking over this position in three years. They will be responsible for the entirety of the Gibraltar Office. The role will require a close working relationship and day to day contact with the company’s COO, Director of Corporate Development, as well as several of the Business Units, including their CFOs and Deal Teams.

The Successful Candidate will have:

  • A qualification within a leading professional services firm, with exposure to transactions and corporate finance/investment planning
  • An excellent academic record
  • Project management skills: ability to work independently, produce quality results and meet deadlines
  • Strong intellectual capacity, excellent analytical capabilities
  • Excellent interpersonal skills, ability to build and maintain effective working relationships
  • Experience in execution or reviewing of complex investment projects and M&A deals
  • Experience in financial modelling and valuation (including DCF, public and transaction multiples)
  • Exposure to monitoring and control over portfolio companies from head office perspective, and corporate governance issues and Board matters is a plus

Salary

Base salary: £90 – 110k

Package: bonus, relocation package, comprehensive health insurance (including vision and dental), disability and death insurance, gym membership, in a tax friendly jurisdiction.  Significant investment in executive education is common for high performing employees.

Location

Gibraltar with occasional travel to London and Luxembourg

For more information, please contact Tim Hülsmann-Diamond at Fidelio Partners at tdiamond@fideliopartners.com  

Tel : +44 (0)20 7759 2200

To make an application please click the 'Apply' button below.