Junior Officer – Fund Accounting PE/RE (m/f)

Job Detail

Career Level Manager
Experience 2 Years
Industry Finance
Qualifications Degree Bachelor

Job Description

Job description

Our Fund Administration team provides high quality services to regulated and unregulated alternative investment vehicles across all asset classes.

As a Junior Fund Accountant in the Fund Accounting & Transfer Agency department, your role will encompass all facets of the calculation of net asset values on a variety of complex PERE (Private Equity/Real Estate) funds. This is a challenging and rewarding role which provides exposure to all elements of a PERE fund’s accounting processes and life cycle. Working with other members of the team, your responsibilities will include:

Your role:

Accounting of PERE funds which hold a diverse portfolio of investments. This involve being responsible for keeping books and records and for timely and accurate recording of transactions;
Calculation of net asset value of funds on a quarterly/semi-annual and annual basis which will include the preparation of reporting packs under LUXGAAP (some under IFRS or USGAAP);
Book keeping for complex structures and record filing;
Reporting to and communicating with investment managers and other relevant parties;
Assist in the preparation/review of financial statements for audit purposes;
Liaise with external parties such as Investment Managers, auditors, banks or regulatory bodies;
Understanding complex fund structures and accounting treatment of the related transactions;
Taking ownership for all elements of a funds reporting cycle from review and interpretation of fund governing documentation, through to day to day accounting tasks, the production of quarterly/semi-annual reporting and net asset values and annual financial statements;
Calculation of tax/VAT reporting;
Preparation of needed reporting (client, BCL, CSSF);
Ensure adequate and timely responses to clients’ requests.

Your profile:

You hold an accounting, business or mathematical qualification university with solid knowledge and understanding of accounting principles;
You have between 1 and 3 years of experience related to PERE funds (preferably within asset management groups in Luxembourg);
You have a knowledge of the regulations pertaining to Alternative funds such as RAIF and of AIFM regulation;
You have a knowledge of various accounting standards and principals (LUXGAAP, IFRS, USGAAP);
You are fluent in English, proficiency in French or German will be considered as an asset;
You are able to work under pressure to achieve the multiple daily deadlines for client deliverables, with a mature approach;
You have excellent interpersonal skills for liaising with the Fund Accounting team and other internal Departments and Third Parties;
You can demonstrate analytical skills.

We offer:

Excellent career development opportunities with tailor-made internal training focused on both technical and soft skills;
An entrepreneurial work culture where we promote talent & ideas;
Multicultural, diverse teams encouraging collaborative work;
The opportunity to work and interact within a wide network of specialists; and
A hybrid working environment offering flexibility and the possibility to work from home.

Arendt promotes equal opportunities and value each and every employee for what they bring to the community.

For more information, please refer to our diversity and inclusion policy on our website.