Job title: Experienced Fund Accountant - Alternative Investment Fund Manager
Job type: Permanent
Emp type: Full-time
Industry: Real Estate / Private Equity
Expertise: Accounting & Finance Banking & Fund Administration
Salary type: Annual
Location: Luxembourg
Job published: 2022-01-14
Job ID: 32701

Job Description

Experienced Fund Accountant – Alternative Investment Fund Manager


Our client is a major and international player in the Real Estate sector and an authorized AIFM specializing in real estate. Joining this company will be a great opportunity to be a part of a successful, renowned and solid group which will open the door to a great career with perspectives in the real estate sector.

As part of the Finance Team, the experienced Fund Accountant will have a diversifed range of responsibilities, including daily accounting tasks, cash analysis, involvement in transactions and tax, reporting and project management.


Your Responsibilities:


Ensuring daily accounting tasks

  • Gather all the required data for the booking of accounting entries and the NAV calculation process
  • Book and ensure the daily accounting entries or control the pushedaccounting entries
  • Book and compute fund fees (ie: management, performance..) as well as performing deferred tax calculations and all the necessary calculation for NAV production
  • Settlement of purchases and sales of assets, ensuring collection of dividends and interests
  • Reconcile and justify the suspense/sensible accounts
  • Keeping accounting records in compliance with internal policies and procedures and the accounting framework and standards (ensuring completeness, integrity, accuracy)
  • Ensuring fulfilment of accounting completion checklist

Cash analysis

  • Analysis of daily cash movements (check for any unusual transaction)
  • Preparation of payments
  • Ensure cash reconciliations

Capital call and distributions

  • Computing the net distributable cash amount based on the validated NAV
  • Splitting of distribution/capital call amounts to individual investor and preparing the distribution/capital call notice
  • Booking and paying of the distribution amounts and the booking the capital calls and/or units issuance

Tax declaration

  • Preparation of the tax declarations (direct and indirect) if not outsourced
  • Assisting Tax department in case of Tax audit or any other tax-related query


  • Preparing periodical and annual financial statements as well as investor statements and providing those to the regulatory authorities
  • Ensuring financial reporting deadlines in respect of internal procedures, of fund documentation and/or regulatory requirements


  • On-boarding of the accounting service providers or local accountant and monitoring of their performance and duties (KPI’s…)
  • Providing accounting related information to internal or external auditors and managing and coordinate the audit process where applicable
  • Providing accounting related information to relevant departments such as but not limited to the Fund Management, Tax, Asset Management…
  • Preparation of accounting memos on transactions (sales and purchases)
  • Ensure compliance with Back-Offices processes in place
  • Work in lean organisation with the other team members (accountants and Senior finance officer)
  • Participate in ad-hoc projects


Your Profile:

  • Minimum of 4-5 years of experience in a similar position
  • Strong knowledge of LUX GAAPs and basic knowledge of IFRS
  • Strong knowledge of BOB accounting software
  • Strong knowledge in VAT
  • Strong skills in Excel and Word
  • Fluency in English (French or German considered as an asset)
  • Fast learner, dynamic and autonomous
  • Strong organisational skills and committed
  • Rigorous, accurate and organised and able to work under pressure to meet tight deadlines

 On occasion, an offer of employment may be subject to a verification check. In this case a potential employer may ask you to provide documentation to support your application, this can include copies of educational achievements, international criminal record checks, reference checks, employment history etc.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Aude François to be considered for this recruitment process.

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