Meiling Wang

ACCA-qualified Fund Controller with over 10 years' experience across private equity, private credit and hedge fund structures. Currently responsible for financial control and fund accounting oversight of Luxembourg-domiciled private credit funds. Extensive expertise in NAV oversight, shadow accounting, investor reporting, treasury management, carried interest calculations and financial reporting under IFRS, UK GAAP, US GAAP and Lux GAAP.

Proven ability to partner with fund administrators, auditors, tax advisers and investment teams to deliver accurate reporting, robust controls and operational excellence in complex fund environments. Highly detail-oriented, commercially minded and comfortable operating in fast-paced, high-growth environments.

Fund Controller (AVP) – Private Credit at Franklin Templeton – Benefit Street Partners (Formerly Alcentra) (2023-07 – Present)

Lead fund accounting and financial control across 5 Luxembourg-domiciled private credit funds (~€5bn AUM), covering direct lending and private credit strategies, with exposure to complex fund structures including parallel funds, feeder vehicles, and multi-class investor share classes.

• Lead independent shadow NAV production across multi-currency portfolios, ensuring robust validation of valuations, FX impacts, accruals, and investor allocations, and strengthening NAV accuracy and control across fund entities.
• Lead detailed review of administrator NAV packs and financial statements (IFRS, FRS 102, US GAAP, Lux GAAP), challenging assumptions and resolving discrepancies across P&L, balance sheet, and capital accounts.
• Manage full fund lifecycle operations, including capital calls, distributions, subscriptions/redemptions, and treasury activities.
• Own management fee calculations, carried interest waterfalls, and performance metrics, ensuring alignment with complex fund documentation and hurdle structures.
• Monitor and manage fund liquidity, leverage, and financing arrangements (including credit facilities and FX hedging), optimising capital deployment and reducing inefficient cash drag across fund structures.
• Lead process improvement and reporting automation initiatives, streamlining reconciliations and data workflows through enhanced Excel solutions and AI-enabled tools, improving efficiency and reducing manual intervention.
• Act as primary liaison with fund administrators, auditors, and tax advisors, supporting audits, regulatory filings, and ongoing financial reporting.
• Interpret fund documentation (LPAs, side letters, credit agreements) to ensure compliance with fund terms and investor requirements.
• Mentor and supervise junior team members, maintaining high standards of control, accuracy, and timely delivery.

Client Fund Accountant – Private Equity at IQ EQ Administration Services (UK) Ltd (2019-08 – 2023-06)

Took ownership of a portfolio of private equity funds and investor relationships, acting as the primary point of contact between clients and internal teams to build and maintain long-term relationships.

• Oversaw the preparation and review of monthly/quarterly NAV packages and capital account statements for closed-ended funds, ensuring compliance with LPA deadlines and resolving complex issues such as equalisation, rebalancing, and partner transfers.
• Reviewed interim and annual financial statements, including consolidated accounts, prepared under Lux GAAP, UK GAAP, US GAAP, and IFRS.
• Managed complex fund accounting matters including equalisation, rebalancing, partner transfers and commitment tracking.
• Supervised capital call and distribution processes, management fee calculations and carried interest allocations.
• Supported AIFMD, FATCA and CRS reporting requirements across multiple client structures.
• Acted as the main point of contact for external auditors and tax advisors, coordinating audits, resolving queries, and ensuring timely statutory filings.
• Managed operational cash flows, including management fee invoicing, payment runs, and FX forecasting.
• Led onboarding of new funds and structural changes, establishing reporting frameworks and operational procedures.
• Collaborated with internal teams to maintain fund structures within FIS Investran, including investor commitments, allocation rules, and deal tracking.
• Supervised and mentored junior team members, providing training and performance oversight to ensure high-quality delivery.

Semi Senior Accountant at Silver Levene LLP, UK (2017-04 – 2019-04)

• Prepared and reviewed statutory and management accounts for SMEs, sole traders and partnerships.
• Prepared corporation tax computations, VAT returns and compliance filings.
• Worked directly with clients to provide accounting support and resolve technical queries.
• Worked closely with partners to ensure quality, compliance and process efficiency.
• Supported audit preparation and compliance reviews.
• Supervised junior team members and contributed to process improvement initiatives.

Semi Senior Accountant at Wong & Co Chartered Accountants, UK (2015-07 – 2017-03)

• Prepared statutory accounts, management accounts and bookkeeping records for SME clients.
• Managed VAT returns and corporate, partnership and personal tax filings.
• Provided day-to-day client support with accounting, tax and compliance matters.
• Reviewed work performed by junior staff and maintained client records.

BSc (Hons) in Applied Accounting – Oxford Brookes University (2017)

BA in Business & English – University of Science and Technology, China (2007)