Senior Fund Accountant (Luxembourg)

Senior Fund Accountant (Luxembourg)

Our client is an international fund administration and accounting services firm established in 2007. Our client specialises in private equity, debt, and real estate asset classes.

Role Purpose: 

The Senior Fund Accountant will be primarily responsible for all aspects of day-to-day accounting for several real estate-assigned funds. You will work closely with the Assistant Managers of the relevant teams.

Responsibilities:

• Oversight of the maintenance and control of primary accounting records for multiple client entities;
• Oversight and review of timely and accurate Net Asset Values, yields, distributions and other fund accounting output for subsequent review by a Manager and the client;
• Oversight and review of the preparation of monthly/quarterly reconciliation of balance sheet accounts, promptly researching and correcting any variances;
• Oversight and review of the preparation of interim and annual statutory accounts in line with appropriate accounting standards;
• Liaising with Auditors, and Business Partners;
• Oversight and review of VAT reporting;
• Oversight and review of tax reporting, preparing tax packs for third party review;
• Production of quarterly NAVs, review CIT and VAT return, cash flow forecasting and treasury work;
• Contribute recommendations for improving the organisation’s operations;
• Prepare Statutory financial statements in accordance with accounting standards (IFRS, LUX GAAP). Ensuring all reporting deadlines are met;
• Ensuring adequate procedures are in place and are followed, implementing improved procedures where necessary;
• Ensuring compliance with regulatory standards;
• Identify exceptions and problems affecting accounting records and prices, communicating same to management, and assisting in their resolution;
• Other project work and ad-hoc tasks as required.

Qualifications:

• Strong academic background (Degree qualified);
• Real Estate experience;
• Team player with positive attitude;
• Strong communication skills, organised, flexible and keen to learn;
• Analytical with high level of attention to detail;
• Discusses accounts related issues with clients/ auditors and suggests solutions or alternatives.
• Competency in Microsoft applications including Word, Excel and Outlook
• Minimum of three years experience in real estate Fund Accounting (one at least in Luxembourg)

Desired Skills 

• Fund accounting experience
• ​Technical knowledge of Funds and financial services legislation and regulations in Luxembourg
• Technical knowledge of IFRS and LuxGAAP
• Intermediate/advance skills in Excel formulas and functions to improve efficient.
• Experience using Investran or Yardi system