Fund Accountant

Department: Administration

Employment Type: Full Time

Location: Luxembourg

Reporting To: Manager / Senior Manager Fund Administration

DescriptionThe individual will be responsible for servicing a portfolio of real estate and private equity funds and other structures.  The individual will liaise with CFOs and financial controllers at fund managers, third parties (including auditors) and other external advisors necessary to ensure smooth operation of the structure and to ensure that deadlines are met. Specific responsibilities include bookkeeping, periodic reporting (usually under Luxembourg GAAP or IFRS), assisting with capital calls, distributions, transactions and reviewing client payments. The individual will work within a small client team, reporting on a daily basis to the relevant Langham Hall client manager.  The candidate will be expected to interface at a senior level with clients in order to problem solve and proactively deliver our services.

The successful candidate will be involved in developing other members of the team to provide a quality client-focused service.   The candidate will also have an understanding of the Luxembourg legal, tax and regulatory regimes applicable to private equity and real estate funds and other structures.  

Key Responsibilities\nAct as first point of contact for the clients in relation to all accounting and reporting matters for varied portfolio of alternative investment funds and SPVs\nResponsible for training and development of junior team members in the team through training and coaching\nProactively build strong relationships with clients and other third party service providers (tax advisors, auditors, lawyers)\nPreparation and review of periodic financial statements, cash flows and associated notes including liaison with client over transaction related issues.\nPreparation of statutory accounts of Luxembourg funds and other structures in accordance with IFRS and LUX GAAP.\nPreparation and review of Investor NAV reporting as appropriate\nAbility to prepare and review consolidation of group of companies\nCalculation of management fees/ equalisation charges and performance fees ensuring the requirements of the key documentation (LPA/ PPM) are followed\nDealing with year end audits including preparation of relevant files and resolving issues.\nAttendance at board and shareholder meetings and review of packs along side administration team\nPreparing Luxembourg statutory reporting and VAT and tax returns.\nSolving problems proactively using technical expertise and common-sense.\nResponsible for regulatory filings (BCL/ CSSF)\nReview bank payments in various banking platforms and ensuring necessary supporting documents (including KYC documents) are obtained and attached for efficient review process\n

Skills, Knowledge & Expertise\nGraduate in Finance, Economics or Accounting\nThe candidate will hold a professional accounting qualification at an appropriate level (ACA, ACCA or equivalent) or will be studying towards one\nDirect experience of client service in a professional services firm\nExperienced in Luxembourg GAAP and IFRS. Experience of consolidations will be an advantage\nProactive and problem-solving approach to client servicing\nAbility to plan effectively, with strong deadline orientation\nAbility to motivate, supervise, mentor and train more junior member of the team\nExcellent organisational skills and interpersonal skills for a high degree of client interaction and the promotion of client interaction within the business\nFluent in English, with French and/or German an advantage\n