Sean O.’s Post

Hope everyone had a nice and relaxing MDW! We're starting the short week of strong with a bunch of new jobs. All of these are looking to interview ASAP! For immediate consideration, email jaime@missionstaffing.com with a copy of your resume and availability to discuss!! #1 VP Corporate Accounting - Global Asset Management Firm - NYC or CT Compensation: $200k-$250k TC •3x in Office •Manage and mentor a team of accountants •Preparation and analysis of quarterly financial statements •Partner with Technology to improve/automate processes •Manage firm liquidity and prepare cash reporting package. #2 Corporate Controller - Boutique Real Estate Firm - Long Island Compensation: $175k-$200k TC •3x in office •Investments in Real Estate and Structured Credit •Create and monitor operating budgets for various business lines •Process Quarterly investor distributions as well as external payments to vendors. #3 SEC Reporting VP/Director - Boutique Credit Fund/REIT - NYC Compensation: $200k-$350k TC •$2.5 Billion Credit Fund •3x in office •The role will focus on overseeing the launch and ongoing operations of the firm •Opportunity to join a fast-moving, quantitatively oriented,  innovative investment team with strong track record #4 Finance/Operations Lead - Leading Private Equity Firm - NYC Compensation: $200k-$250k TC + Carry •3x in office •Support deal closing process •Assist with quarterly valuations and performance metrics •Report directly to CFO •Work with business development on co-investment opportunities •Discuss portfolio company performance with deal teams #5 Accounting/Operations Associate - Boutique Hedge Fund - NYC Compensation: $150k-$175k TC •$5B AUM Multi-Strategy Hedge Fund •3x a week in office •Produce Daily Fund P+L reports •Monitor cash balances, margin requirements, collateral balances and FX exposures. •Actively research news and market trends #6 FP&A Sr Associate - Leading Credit Fund - NYC Compensation: $140k-$150k TC •3x in office •Financial and cash projections/modelling •Model in depth scenario analysis •Develop new predictive metrics and key performance indicators •Streamline and automate budgeting process #7 Private Equity Senior Accountant - Mid Size PE Fund - NYC Compensation: $150k-$200k TC + Carry •3x in office •Close interaction with CFO and Investor Relations team •Responsible for reviewing financial statements prepared by fund administrator  •Work to respond to ad hoc investor requests •Develop and improve accounting processes •Capital calls, distributions, and realized waterfall calculations #8 Private Equity Senior Associate - Boutique PE Fund - CT Compensation: $150k-$175k TC + Co-Invest Potential •Middle Market PE Firm •4x back in office •Report to CFO •Support the deal close and execution process •Treasury & Financing related work •Preparation of weekly investment activity report •Special ad-hoc requests from investment teams. •Review portfolio investment valuations related to assigned funds

Our Asset Finance team at Wadkins Associates achieved their highest ever revenue during the last financial year. As a result of our specialism, we are fortunate to speak to a number of leading individuals across the sector, so we thought it might be helpful to share some key considerations: - In spite of consistent challenges, there remains plenty of opportunity across the market, with both replacement and growth hires. - A talented mid-level will always be of interest! - Senior hiring is back. Over the last year we have seen a significant rise in investment and growth hires at the senior end of the market. This type of hire had subsided significantly since the pandemic. - There continues to be increased management/board level scrutiny on hiring. It's rare that this scrutiny is preventing recruitment into a team, but the alignment and business case need to be robust. - It is certainly not a one-size-fits-all approach across the market. Different practices are taking very different approaches to adding headcount. - Partner contact and an established relationship are key to effectively supporting recruitment. In a tight market you (generally) get one shot, so it's important to ensure you are fully equipped and well-informed. - There are mutual connections everywhere! This offers enormous opportunity, but also serves as a cautionary reminder that people rarely forget a negative experience on the other side. We really appreciate your views and insight, so please feel free to reach out if it is helpful to discuss any of the points (or any others!) raised in more detail.

How do I get to Finance Director or CFO in a Fund? Every week I get asked this question, from people early on in their career through to more experienced individuals who are at the point of reaching the top of the ladder. Here's what I've observed... ✅ You need to really know how a Fund works which sounds obvious but if you've not worked in fund accounting/operations, not had front line deal support exposure, not been through a fund raise process and the full investment lifecycle then your technical knowledge will fall short. Not all FDs and CFOs I've met have been technical wizards, lots aren't bean counters, but they do know how everything fits together and what good looks like. ✅ 'Battle scars' count and that's what the Partners need and want: someone with war wounds who's got the depth and breath of experience to be an effective business partner and advisor. You won't get this jumping all over the place or with 2-3 years PQE. ✅ Strong communication skills and a personality matter; you need to know how to build proper relationships and be a people person to some extent. Someone once described the role to me as chief acrobat, diplomat and doormat, spot on! Of course timing and being in the right place at the right time helps too - the current market is a great example of this.

Struggling to stand out in your next fund accounting interview within a private equity firm? Here's a simple yet effective strategy to make a lasting impression. 🌟 Firstly, do your homework. Research the firm's portfolio, understand their investment philosophy, and be aware of recent market trends affecting private equity. Demonstrating this knowledge shows genuine interest and initiative. Next, highlight your technical skills. Fund accounting is detail-oriented, so showcase your proficiency with relevant software and your ability to manage complex financial structures. Share specific examples where your skills made a tangible difference. Soft skills matter too. Fund accounting isn't just about numbers; it's about teamwork, communication, and problem-solving. Share anecdotes that reflect your ability to collaborate effectively, adapt to change, and communicate complex information clearly. Remember, confidence is key, but humility goes a long way. Be prepared to discuss your successes and the lessons learned from past challenges. This balance can set you apart as a reflective and growth-minded candidate. Lastly, ask insightful questions. This not only demonstrates your interest in the role but also your strategic thinking. Inquire about the firm's long-term goals, the team's culture, or how the role contributes to the firm's success. Ready to take the next step in your career? Visit cameronkennedy.com and let's connect. Your next opportunity awaits! #FundAccounting #PrivateEquity #CareerGrowth

Picture this, you are growing your fund and things are looking up, but there’s one problem—your finance department isn’t keeping pace. Hiring a full-time CFO feels too heavy on the budget, but doing nothing? That’s risky. This is where a fractional CFO can save the day! I recently helped a fund manager bring in a part-time CFO who stepped in, navigated complex fund valuation challenges, and helped streamline their financial reporting for LPs. The result? Immediate impact and a solution that didn’t break the bank. Sound familiar? Let’s talk about how we can make this work for you too. #FractionalCFO #FundAccounting #PrivateEquity #VentureCapital #HedgeFunds #FundRecruitment #FSBPartners

🎉 1 week ago, I posted a summary of my offering as a Portfolio/Part-time/Fractional Finance Director (included again at the foot of this post). I have to say I have been blown away by the responses and feedback. Thank you to everyone who read it and has been in touch to see how I can help them. Here are the main reasons (so far) why my post has been relevant to business owners and leaders : ✅ Provision of INDEPENDENT view of the performance of the business (not just Financial). ✅ Assistance with developing medium and long term plans. ✅ Improvements in quality & timeliness of Financial information and undertaking a Financial Health-check for the business ✅ Flexibility/Cost Efficiency : high quality experience and expertise as required. Especially if your size or budget does not demand a full time FD. If you need 1 day a week, or 1 day a quarter or anything in-between, I can work with that. If any of these sound familiar, please drop me a message and we can arrange a confidential discussion on your particular situation. I would also suggest saving this post, if you don't need me today....maybe tomorrow. #portfoliofd #portfoliocfo #fractionalfd #fd #fractionalcfo #fractionalfinance #outsourcedcfo #outsourcedfd

What is a Portfolio Finance Director ? As I speak to business owners and directors this is the question I get most often when trying to explain my service offering and how I can benefit their business. It is quite simple ,I provide focused, straight forward and affordable finance expertise (on a part time or project basis) to help you with: ✔ Being your independent advisor, suitable for providing guidance on business strategy (Strategic/Financial/Operational/Commercial). ✔ Understanding the true performance of your business - NOT JUST FINANCIAL - based on real, accurate and timely numbers ✔ Plan for the future (short, medium and long-term) and ensure you have actionable strategies and finances in place to deliver them ✔ Addressing any "problems" you have encountered with auditors/HMRC/investors ✔ Assess cash flow and funding or investment opportunities ✔ Assess your finance team structure including systems and controls ✅ All of these allow you the opportunity to make better decisions and focus on business development and improvements. What I am not: ❌ Your book-keeper or in-house accountant (but I can help you ensure what you have is appropriate) ❌ Your auditor (but I can help you with any challenges that they make on you) ❌ A full time employee. You can use me as you see fit, on a part time or project basis. Hiring a Portfolio Finance Director (also called Part-time or Fractional FD) can be a real game changer. On a flexible and cost-effective basis you can receive the same level of expertise as a full-time resource. I have 30+ years as Finance Director and believe me , I have seen 😇 the Good 👿 the Bad 👺and the Ugly (for my ex-collegues, I am sure you recognise which category you fall into 😁). If any of this resonates with you and you think my extensive experience can assist you achieve your goals, please reach out for a confidential discussion. I am based in the North West, but willing and able to reach most of the UK where necessary. For my wider network, a re-post to your networks would also be appreciated so I can reach a wider audience. #portfoliofd #portfoliocfo #fractionalfd #fd #fractionalcfo #fractionalfinance #outsourcedcfo #outsourcedfd

"Companies fail because of a liquidity crunch. One day can bankrupt you." If you're a capital-intensive company, hiring the right team early on can make or break you. So if you're a founder and want to be proactive about your financial health, here's some advice from CFO of Habi, Marcos Kantt: 1️⃣ Hire one person to oversee your finance team 2️⃣ Hire a treasurer to make sure cash is flowing into the right places 3️⃣ Tack on one or two additional hires to manage internal reporting Link to the full conversation in the comments 👇

Some serious hiring in the US with one of our top tier firm clients. We would love to hear from you if you would like to find out more about lateralling into one of these key areas. 🦘 Global finance – LA or NY based  – mid level. Salaries: $260, 000 - $365, 000 🦘 Project finance, mid-level.  NY - Open to strong leveraged  / debt finance lawyers looking to pivot into Project Finance. Salaries $235, 000 - $365, 000. 🦘 Asset backed finance & CLOs; NY - Open to retooling lawyers in other areas of finance.  Salaries $235, 000 - $390, 000. ☑️Public M&A - NY - 3rd -4th years. Salaries $260,000 - $310, 000 ☑️ Private Equity - Boston 2nd through to 4th years. Salaries $235, 000 - $310, 000. [The roles with 🦘symbols are open to Australian as well as US lawyers 😀] Contact me: jonathan.walmsley@marsdengroup.com or Daniel Hogan, Ben Smith or Petrina Chetty US lawyers contact our teams on the ground: In NY: Matt Moody , Bridget White In LA: David Nicol , Sophia Arkley Australians (and Canadians!) in London now looking to move Stateside contact our US team in London: Gillian Morgan or George Webster

Product Managers, usually, don't find overlap with the Finance function. But there is a critical input that Product Managers can provide to finance. Aswath Damodaran, professor of Corporate finance at NYU Stern, summed up the entire Corporate Finance function into three decisions. Investment Decisions - Where do you invest? What projects do you pick and which ones do you drop? Financing Decisions - Where do you raise your money from? Debt, Equity, Charity? and Dividend Decisions - What do you do with the returns from business? Reinvest, Share buyback, dividend payouts? A key variable in all of these decisions is the 'Hurdle Rate', which is the minimum rate of return that a project should deliver for us to invest in that project. Invest in a project if its returns are above the hurdle rate, figure out cheaper financing so that you can reduce hurdle rate, and payout dividends if you can't find a worthy project to invest in. While the number crunching for financing decisions and dividend decisions is relatively easier, that's not so for the investment decision. That's because you don't have data, just projections. And going by the events of yesterday (US elections), its easy to see that projections can deliver widely different outcomes. A product manager would find a lot of influence with finance if they can help them in the investment decisions. If they can, with some degree of accuracy, predict which initiatives would indeed deliver returns and what would it take to ensure that outcome. Understand your business' "hurdle rate" and provide realistic inputs on whether the initiative will deliver those returns and what would it take to do so.