Director of Fund Control

Job Description

Dartmouth Partners are excited to work with a rapidly growing PE firm to find a Director of Fund Control.

The Director of Fund Control plays a critical role in mitigating financial risks and supporting project success through effective fund management and reporting.

Responsibilities:

• Lead and manage the Fund Control department to ensure accurate tracking, allocation, and disbursement of project funds in compliance with lender agreements and company policies.
• Oversee the review and approval of draw requests, change orders, and contractor invoices to ensure proper documentation and authorization.
• Coordinate with project managers, finance teams, and external stakeholders to maintain transparency and control over project budgets and cash flow.
• Develop and implement fund control policies, procedures, and best practices to optimize efficiency and compliance.
• Monitor project fund status, perform regular reconciliations, and prepare detailed reports for senior leadership and lenders.
• Identify and mitigate financial risks associated with project funding and disbursements.
• Ensure compliance with all contractual obligations, regulatory requirements, and audit standards.
• Lead, mentor, and develop a high-performing fund control team.
• Collaborate with internal departments such as accounting, legal, and procurement to support overall financial management.
• Stay informed on industry trends, lender requirements, and regulatory changes affecting fund control practices.

Qualifications:

• Accounting qualification (ACA, ACCA, CIMA, or equivalent).
• Minimum of 7-10 years of experience in fund control, construction finance, or related financial management roles.
• Proven leadership experience managing teams and complex fund control operations.
• Strong knowledge of construction lending, draw processes, and financial controls.
• Excellent analytical, organizational, and communication skills.
• Proficient in financial software and Microsoft Office Suite.
• Detail-oriented with strong problem-solving abilities.
• Ability to manage multiple projects and deadlines in a fast-paced environment.