Job Opportunity
Supervisor – Accounting, Private Equity
Gen II Fund Services | Luxembourg
Job Summary
Assist with the preparation and review of all client- and investor-specific deliverables, net asset value calculations, financial statements, partner capital statements, capital call and distribution allocations and notices. Bachelor’s Degree in Accounting or Finance, or a recognised accountancy qualification. Fluent in English.
Details
What’s the Role?
This is a unique opportunity to join a dynamic and fast-growing private equity fund administration service provider in our Luxembourg office. The right candidate will thrive in a collaborative, entrepreneurial environment and be part of the team to further develop the business through its growth journey.
The role sits within the Client Services Department, reporting to the Senior Manager/Manager. The main activities of the department are fund accounting, financial reporting, net asset value calculation, capital calls, distributions and investor reporting.
What You’ll Be Doing:
* Assisting with the preparation and review of all client- and investor-specific deliverables, net asset value calculations, financial statements, partner capital statements, capital call and distribution allocations and notices
* Review journal entries, including cash and non-cash transactions; perform a thorough, detailed review of trial balance, supporting work papers, waterfall schedules, preferred return calculations, IRRs
* Prepare and review capital events activities, including capital call allocations and notices, capital distribution allocations and notices, and ensure all supporting documentation are filed as per internal procedures
* Actively lead and participate in weekly calls with clients as per engagement needs
* Demonstrate understanding of the fund governing documents, industry guides, GAAP and international recognised accounting principles and standards
* Ensure control processes are adhered to and complex matters escalated appropriately
* Actively participate in new client onboarding and fund setup (including and not limited to building financial statements, dashboards, footnote disclosures, waterfalls, and management fee calculation files
* Lead the coordination of year-end audits
* Liaise with the external providers to provide documents supporting the preparation of tax returns (CIT, MBT, NTW and VAT)
* Coordinate ad-hoc requests as needed (e.g., audit confirms, quarterly KPIs, contribute to due diligence reviews)
* Coordinate with the Manager on delegating tasks to team members
* Assist the junior level employees in career development goals
* Provide training and guidance to the Junior fund accountants
* Participate in evaluating talent by providing constructive, actionable feedback to the direct line manager
* Ensure Gen II Luxembourg Services best practices and key policies are applied, and any significant issues are brought to the mangers attention
Ideal Background:
* Bachelor’s Degree in Accounting or Finance, or a recognised accountancy qualification
* Good knowledge of Luxembourg corporate laws and private equity fund structures
* Good knowledge of US and LUX GAAP
* Strong knowledge of waterfall calculations
* Result-orientated, with a sense of responsibility and commitment to delivering quality work
* Ability to work autonomously, taking full ownership of assigned responsibilities
* Excellent organisational skills complemented by a “can do” attitude
* Competency in Microsoft Word, Excel, and Outlook
* Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit
* Fluent in English, any other language is considered an asset
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- Job Reference #: SUPER002717