PE/RE Fund Accountant - Permanent role - Luxembourg
My client is a specialist in alternative investment fund administration founded in 2009 which provides its services to high profile investment funds. It has a strong pipeline of new business and expects its growth to continue in Luxembourg. The ethos is focused entirely on the quality of service and accountability it can offer its clients.
The role consists of being responsible for maintaining the accounting records of the assigned funds from start to finish in an accurate and timely manner, following established controls and procedure, and ensuring superior client service.
This will include (but not be exclusive to) the following:
Develop and maintain relationships with the stakeholders of the funds
Process capital activity for the funds in the accounting systems, including commitments, capital calls, distributions, drawdowns, rebalances and transfers
Processing of trades, cash transactions, income and expenses on a daily basis
Prepare daily trade, portfolio and cash reconciliations, investigate and resolve any breaks/discrepancies
Prepare cash flow projections
Update and maintain accounting records in accordance to IFRS, GAAP and internal controls and policies
Process payment of expenses
Calculate preferred return, waterfall, management fee and accruals
Prepare funds’ net asset value calculations and investor allocations in line with clients requirements and deadlines
Respond to client-specific requests/inquiries and proactively anticipate client needs
Preparation of financial statements, notes, supporting information and tax schedules, liaising with auditors and ensure the reporting deadlines are met
The profile my client is looking for/
A university degree (B.A., B.Sc.) in Accounting/Business/Finance,
A first relevant work experience in similar role (Fund Accountant)
Microsoft Excel and Word expertise, and proficiency in the rest of the Microsoft Office packages
Strong attention to detail and exceptional analytical, organizational and time management skills
Knowledge of accepted accounting standards, including Lux GAAP, IFRS, US GAAP
Understanding of PE/RE fund structures, holding companies, SPVs, agreements and investment strategies
Self-motivated and able to work as part of a team in a demanding and progressive environment, meeting deadlines as necessary
Good English level and writing skills; other languages, particularly French would be an advantage.