Benjamin Moyal

2.5 years audit experience in the Asset Management and Capital Markets division, performing full audit cycles (planning, execution, and completion) for major UK financial services clients, including Private equity funds, Venture capital firms, wealth managers and renewable energy investment managers.

Fund Accounting & Financial Control:

• Reviewed full sets of fund financial statements, ensuring alignment with LPAs, accounting standards, and investor disclosures.
• Completed end-to-end testing on NAVs, partner capital accounts, management/performance fees, receivables, payables, and other key financial statement areas (cash, expenses, going concern, journals)
• Key discussions with fund management, partners and administrators to communicate important findings on valuation inputs and challenging assumptions where necessary
• Conducted Agreed-Upon Procedures (AUPs) focused on compliance with LPA terms, investment restrictions, and distribution policies

Valuation & Investment Appraisal:

• Performed detailed valuation testing, in line with fair value principles, on infrastructure assets (using DCF) and VC portfolios (using revenue multiples, calibration, recent investment pricing and available market data)
• Evaluated and performed testing over detailed due diligence documents relating to acquisition and disposal transactions for multiple portfolio company investments
• Engaged in challenging discussions with industry experts on judgmental valuation factors and documented key investment memos surrounding judgmental inputs such as valuation methodologies, liquidity discounts and discount rates.

Project management and leadership skills:

• Managed full audit cycles from planning to completion, coordinating cross-functional teams and ensuring high-quality, on-time delivery
• Trained new team members on fund structures, LPA review, NAV testing, and financial reporting nuances.
• Reputation as a highly reliable, hardworking and sociable team member with a reputation for delivering timely and high-quality output.

• Exposure to financial analysis and modelling, interpretation of financial statements and various investor listed company presentations
• Sitting in on meetings with the firm’s portfolio managers, with outside financial analysts, attendance to investor conferences and meetings with executive management of listed companies
• Understanding the investment analysis and research process and ability to interpret financial statements.
• Building and forecasting excel models.