SPV Finance Director

Working within a Top Tier Private Equity Firm as part of the Luxembourg finance team, the individual will provide director level support to a number of holding companies. The individual will report into the Head of Luxembourg. The focus of the role is taking ownership of the financial and governance requirements of Luxembourg holding companies, Luxembourg Funds and taking a leading role in deal execution. This will involve working with external advisers, London and Boston Finance team, investment professionals and the management and finance teams at Group portfolio companies.

The role requires an individual that is able to work autonomously on an operational level. They will need to demonstrate excellent interpersonal skills in liaising with other board level executives as well as building networks at all levels including within the company’s organisation. The role will require someone to confidently navigate Luxembourg’s domestic corporate law, accounting and tax regulations.

Responsibilities:

Luxembourg holding company’s governance

  • Act as SPV and/or Fund Director
  • Understand the governance requirement of Luxembourg holding companies from a legal and tax perspective and ensure they are compliant. This will involve ensuring:
  1. the ongoing board composition complies with the company’s house view;
  2. regular board meetings and shareholder meetings are organised and physically attended in Luxembourg;
  3. board meetings are documented appropriately i.e detailed minutes are drafted, executed, and filed at the registered offices, and all documentary approval remains compliant (including notices, agendas, papers, minutes, proxies and signatures).
  • Keep abreast of regulatory developments in Luxembourg and work with the company’s Finance/Tax team and advisers to assess and mitigate the impact for the company;
  • Manage timely submission of compliance filings (including direct tax returns, VAT returns, CbCR, Central Bank reporting etc) with the local administrations and authorities.
  • Proactively anticipate the processes required to ensure the company’s Luxembourg holding companies remain compliant in Luxembourg (i.e commission transfer pricing studies where required, consult on specific technical issues, organise timely audit planning, work with portfolio finance teams to discuss accounting consolidation procedures).

Transaction Related Duties

  • Understand funds flow deal documents and the Luxembourg financing instruments used in all Luxembourg holding structures.
  • Help the UK and US Finance teams with creating appropriate waterfall mechanisms for any liquidity event (dividend, exit, refinancing).
  • Coordinate with the UK and US Finance teams on the cash flows required to fund new deals and portfolio M&A.
  • Coordinate with external advisers to execute the underlying documentation and corporate approvals required to sign and fund new deals and portfolio M&A.
  • Provide a “best practice” corporate governance service to shareholders, directors (board and committees) and other stakeholders, which includes, but is not limited to co-ordinating the documentation for the following:
  1. dividend declarations
  2. shares/issues and transfers/registers
  3. change of directors
  4. incorporation or dissolution of companies
  5. PEC and/or CPEC issues or redemptions

Other Duties

To facilitate the execution of the major responsibilities above, the individual will be required to:

  • Monitor external adviser relationships and ensure external adviser costs are cost-efficient to the company.
  • Build strong working relationships with the management and finance teams at the company’s portfolio companies.
  • Lead, motivate and act as a role model for colleagues and the company’s Finance Administrators

 

Requirements:

  • Previous relevant senior management and directorship experience;
  • Strong knowledge of relevant legislation and regulatory framework in Luxembourg;
  • Significant experience in the private equity industry; experience in fund administration and AIFM is a plus;
  • Good understanding of tax, financial and legal matters;
  • Professional qualification, preferably a qualified accountant (ACCA/CFA);
  • Ability to deal with complexity and problem solving skills;
  • Ability to actively prioritise and manage conflicting demands;
  • Ability to work under pressure and meet tight deadlines;
  • Strong organisation and time management skills;
  • Excellent command of English; fluency in French, German or Luxembourgish is a plus;
  • Team player, eager to learn and work with others in a dynamic environment.
Sr. accountant – Pan-European financial services company

Our client, a global financial services company, is currently looking for a Senior Accountant to join their growing team in Luxembourg.

Responsibilities:

  • Handle day-to-day operations of client companies (Funds, SPV’s, Commerical & Holding Companies)
  • Liaising with clients, auditors, banks etc.
  • Bookkeeping and reconciliation of the accounts
  • Administration and preparation of financial statements as well as consolidated accounts
  • Preparation/review of management reporting
  • Preparation/review of corporate tax and VAT returns
  • Preparation of corporate/legal documents (Annual General Meetings, Board Meetings included)

Requirements:

  • Minimum 3 + years of professional accounting experience in the domiciliation of companies or fiduciary within Luxembourg
  • Bachelor degree or equivalent in accounting, finance or economics
  • Excellent oral and written communication skills in English, any additional language will be considered as a plus
  • Experience of Microsoft Office (Word, Excel, Outlook) and accounting software
  • Strong organizational skills
  • Flexibility, pro-activity
  • Strong motivation to work in a quickly growing, dynamic and challenging environment

For more details, please apply directly online.

All applications will be treated in full confidentiality according to our GDPR privacy policy.
If your profile is not suitable for this particular role, we will keep your CV on file for any future positions which could be suitable

Fund manager – AIFM

Our client, a dynamic and entrepreneurial Alternative Investment Fund Manager, is seeking for an experienced Fund Manager to join their team of seasoned professionals in Luxembourg.

The ideal candidate will be providing product and portfolio management services for a number of dedicated fund mandates, with a focus on Real Estate and Infrastructure asset classes.

Responsibilities

  • Onboarding of new investment fund structures
  • Preparation, review, implementation of relevant agreements in cooperation with external parties
  • Setup of operational framework
  • Performance of investment process for new assets and assessment of financial information for investment opportunities
  • Ongoing asset monitoring, including ongoing support of eligibility checks and risk assessments in coordination with the risk management team
  • Initial and ongoing due diligence on service providers and delegates, including the performance of KYC-processes and AML-checks
  • First contact for initiators, investment managers, service providers and investors, and facilitator for communication with internal teams

Qualifications

  • University degree in economics or finance
  • 8+ years of relevant work experience, ideally within an AIFM or Management Company
  • Strong knowledge and understanding of alternative asset classes (infrastructure, real estate)
  • Excellent relationship management skills, to coordinate clients and service providers
  • English is mandatory, knowledge of German or any other European language is a strong advantage

For more details, please apply directly online.

All applications will be treated in full confidentiality according to our GDPR privacy policy.
If your profile is not suitable for this particular role, we will keep your CV on file for any future positions which could be suitable

Financial controller – Fund – Management company

Our client, a leading Management Company, is currently looking for an experienced Fund Financial Controller to strengthen its Finance and Accounting Management & Corporate Services team based in Luxembourg.

Responsibilities

  • Manage relationships with the Auditor and Administrator, in relation to Fund Financial Reporting in different jurisdictions
  • Review of Funds Annual Report and Financial Statements
  • Semi-annual Funds Financial Statements Review
  • Key point person on IFRS and Luxembourg GAAP
  • Monthly Administrator and Depositary Report Review
  • Board of Managers/Directors Reporting
  • UCITS Directive and AIFM Directive Operational Support
  • Review and implement new regulatory requirements
  • Key Performance Indicator Monitoring and Reporting

Qualifications

  • Bachelor degree in Accounting, Finance
  • 4 + years of relevant experience working in the Funds or Banking industry; ideally with a background in UCITS and regulated alternative funds domiciled in Europe
  • Sound knowledge of Luxembourg GAAP and IFRS
  • Experience in project management and/or Fund accounting would be considered as a plus
  • ACCA/ACA qualification (or equivalent) would be desirable but relevant experience would be looked on favorably.
  • Fluency in English is required

For more details, please apply directly online.

All applications will be treated in full confidentiality according to our GDPR privacy policy.
If your profile is not suitable for this particular role, we will keep your CV on file for any future positions which could be suitable

RE Accountant – Join an AIFM

Our client is human-sized AIFM located in the outskirt of Luxembourg. Due to a business increase, they recently opened a new position in order to strengthen their team.

As part of the team, you will look after your own accounts and work together with your colleagues in order to deliver a world-class service to your clients.

Your missions

  • Management of day to day requests of our teams
  • Annual bookkeeping
  • Preparation of the financial statements
  • Periodic /annual VAT returns
  • Preparation of corporate income tax returns
  • Preparation of legal documentation such as minutes, notary deeds and shareholder resolutions

Qualifications

  • Bachelor or Master degree in Accounting & Finance or Economics
  • 4+ years’ experience
  • Good accounting (LUX GAAP), VAT and Corporate Tax knowledge
  • Good knowledge of RE fund administration
  • Strong written and spoken English is required, French or German would be a strong asset
  • Excellent communication skills, a very strong work ethic and a positive ‘can-do’ attitude.
  • Hands-on approach and strong execution skills.
  • Self-motivated / proactive /a sense of urgency will be helpful /able to work on one’s own / high-level attention to detail / strong organisation skills/ initiative

For more details, please apply directly online.

All applications will be treated in full confidentiality according to our GDPR privacy policy.
If your profile is not suitable for this particular role, we will keep your CV on file for any future positions which could be suitable

Senior Accountant

Our client is a privately owned and  independent PSF, Luxembourg based boutique providing administration, accounting, management and governance services. They are currently looking for:

  SENIOR ACCOUNTANT

Missions:

  • Managing a portfolio of S.A. and Sàrl, SCS and SCSp, or Funds (regulated or unregulated)
  • Bookkeeping, preparing and processing payments
  • Preparing annual financial statements, financial reporting and management accounts
  • Liaising on a daily basis with clients…

Profile:

  • 3/5 years of experience in a similar role
  • ACCA qualification or degree in accounting/finance
  • Fluent English, any other language is an asset
  • client service oriented, team player
  • ideally available now!

For more information, please apply directly online