3i Corporation ( Us Subsidiary Of Ftse 100 3i Group Plc Work Values

Daily Duties at 3i Corporation ( Us Subsidiary Of Ftse 100 3i Group Plc:

($2B Venture Capital and Private Equity firm publicly traded in London consisting of 4 US Funds and 65+ portfolio companies) Vice President of Finance, Secretary and Treasurer September 2002-May 2008 • Directed the finance, administrative and operational activity for $2B US venture capital and private equity arms of FTSE100-listed 3i Group plc • Solely responsible for day-day administration of finance, accounting, reporting, valuations, taxation, compliance, treasury, human resources, risk management, budget planning and the supervision of 11 finance, operations and administrative personnel across three US offices. Highlights and achievements: o Financial reporting—Managed the monthly, semiannual and annual accounting and financial statement preparation under US GAAP. Prepared and maintained financial reporting to UK under IFRS as requested. o Valuations—Prepared quarterly US GAAP analysis for portfolio (65+ companies under the guidelines that have become FAS 157 ) o Tax--Prepared and coordinated US filing for the federal and 3 state tax returns for 3 US corporations, 4 foreign limited partnerships (Jersey Island, United Kingdom) and 4 limited liability companies o Compliance—As Chief Compliance Officer in the US maintained the internal control structure and performed anti-money laundering checks, reviewed and maintained stop-lists related to price sensitive information and UK data protection laws o Treasury—Maintained and managed cash and banking relationships for all US operating activity  Coordinated interaction between US treasury team and UK parent company team.  Responsible for all capital calls from sole LP and  Managed 3i Corporation’s investments in its “fund of funds”. o Corporate Secretarial—Led investment committee meetings and prepared corporate minutes documenting annual meetings, investment approvals, variations and divestments o Human Resources—Led US HR function: maintained US payroll and benefits program, served as Trustee of the 401k Plan, coordinated immigration and visa-related issues with local and overseas immigration attorneys, administered non-investor compensation, maintained and administered carried interest plans, and prepared offer and severance arrangements as necessary o Risk Management—in consultation with the parent company, coordinated corporate umbrella and D&O insurance policies for US entities o Administration—managed US accounts payable and US corporate office lease program  Renegotiated CA lease in 2006 realizing savings of $4 million over 4 years  Coordinated the lease arrangement for new office in NYC in 2006 and assisted in the build-out of that NYC office and team across all functional areas  Assisted with the outsourcing of the AP function to India during wind-down of Waltham office o Maintained and coordinated external relationships with outside legal counsel (Ropes & Gray, WilmerHale and Choate Hall), tax consultants and accountants (E&Y) • Developed tracking mechanism Value Creation Plan, a mechanism to monitor and track portfolio company performance for the Partnerships and the LP. Coordinated the interaction between finance and portfolio company CFOs • Served as member of 3i Group plc’s international operations management committee established to set worldwide accounting policies

What they like about 3i Corporation ( Us Subsidiary Of Ftse 100 3i Group Plc:

You highly value a work environment built on a formal structure, rules, and regulations. You do not enjoy the unpredictability of shifting priorities and deadlines that upset your routine. You require and enjoy direction, input and accountability as part of your work environment. You have a strong need to participate in making key decisions and feel left out if your superiors or co-workers do not seek your input when making decisions. You thrive on providing good customer service to both internal or external customers, and doing so makes you feel good.

Tags

cfo, private equity, vice president of finance, venture capital, alternative assets, international

Skills

Microsoft Excel, Word, Oracle, SAP, Accounting Frameworks

These are some of the questions we asked our climbers about their experiences with 3i Corporation ( Us Subsidiary Of Ftse 100 3i Group Plc: