VP Fund Accounting -
Fund Services - Luxembourg
-
€
90,000 Per Year
-
Permanent
Reference: 35350
Business Sector: Finance
Description
Vice President – Fund Accounting
twentyAI are supporting a significant programme of transformation within a PE backed technology business (client) who specialise in investment and financial services (fund administration). This client has experienced significant acquisitive growth through ongoing M&A within their value creation roadmap This VP Level Fund Accountant will be responsible for the day to day administration of Private Equity Funds, delivery to clients, and assisting members of the team in a rapidly changing environment. They need solid exposure to Alternative Asset Classes, some US expsosure and specific experience working with InvestTran.
Experience:
Education:
twentyAI are supporting a significant programme of transformation within a PE backed technology business (client) who specialise in investment and financial services (fund administration). This client has experienced significant acquisitive growth through ongoing M&A within their value creation roadmap This VP Level Fund Accountant will be responsible for the day to day administration of Private Equity Funds, delivery to clients, and assisting members of the team in a rapidly changing environment. They need solid exposure to Alternative Asset Classes, some US expsosure and specific experience working with InvestTran.
RESPONSIBILITIES
- Manage a team of fund accountants including training and professional development
- Review and understand Fund documents to ensure proper application of accounting and reporting obligations
- Review and calculate the Net Asset Value as required by the Fund documents and/or Fund manager
- Review and prepare waterfall calculations and liaise with Investor Services team in relation to capital calls and distributions
- Complete daily internal requirements and sign-off prior to the end of the day
- Review and prepare the annual financial statements, supporting information in relations to the year-end audit
- Meet all internal and external deliverables Build a relationship with the stakeholders of the funds
Experience:
- Minimum 8 years’ previous industry experience with a solid understanding of accounting for Private Equity Funds / Alternatives / Securitisation Vehicles
- Minimum 4 years’ previous managerial experience.
- Strong technical accounting skills and knowledge of current reporting standards.
- Analytical thinking and able to challenge work. High level of accuracy and attention to detail.
- Strong proficiency in the use of Microsoft Office, including Excel, and industry standard accounting software (eFront) and conversant across the FIS/ VPM estate
Education:
- A university degree (B.A., B.Sc., M.B.A.) in Business preferably specializing in accountancy or another financial-related discipline
- An internationally recognized accounting designation (CA, CPA, ACCA or equivalent), is not required but is an advantage