Senior Fund Controller (f/m) - Private Debt Asset Manager

Senior Fund Controller F/M - Private Debt Asset Manager

Reference: LU854214, Luxembourg

Posted on: 12.01.24

Job type: Permanent

Sector: Financial Services

My client is a well-respected Private Debt Asset Management Firm located in the heart of Kirchberg, Luxembourg.

We seek an accomplished Senior Fund Controller reporting directly to the Head of Fund Accounting.

In this role, you will enhance fund operations, guarantee compliance with fund documents and industry regulations, and maximize investor returns.

Primary duties and responsibilities:

• Fund Structure Understanding: Demonstrate a deep understanding of Private Debt fund structures, including Limited Partnership Agreements, waterfalls, equalizations, and related intricacies.

• Quarterly Reporting: Prepare and review quarterly reports with external administrators, encompassing financial statements, NAV reconciliations, and Capital Account Statements for investors.

• Performance Calculations: Calculate and review performance metrics, including IRR and carried interest.

• Fund Cash Management: Manage fund cash flows, utilizing RCF, leverage facilities, or capital calls to optimize liquidity and minimize cash drag.

• Process Management: Ensure accurate processing of fund activities, including hedging, excluded investors, non-standard fund terms, and bespoke reporting requests.

• Capital Call and Distribution Coordination: Oversee and review capital call and distribution notices across multiple feeder entities and currencies.

• Equalization and Rebalancing: Prepare and review Equalization and rebalancing calculations.

• Administration Oversight: Manage administrators and tax advisors, taking the lead for allocated funds.

• Investor Relations Support: Collaborate with the team to respond promptly to investor queries.

• Fund Setup: Contribute to setting up new funds, including input into Limited Partnership Agreements (LPAs) and other legal documents.

• Audit Management: Oversee audits for allocated funds, including the review of Luxembourg and K-1 tax returns.

• Ad-hoc Projects: Assist in various ad-hoc tasks and projects, including the ongoing data migration project.

Qualifications:

• Chartered accountant qualification (e.g., ACCA) or similar.

• Minimum of 4 years of experience in a similar role in Luxembourg in Fund Administration (private debt or real estate funds).

• Ability to understand the complete picture of a funds.

• Flexibility and a passion for taking on new challenges in a dynamic work environment.

• Extensive experience in automating processes.

• Proven ability to improve processes and gain efficiencies.

• Being fluent in English and French will be considered an asset.

You will benefit from :

• Growth Potential: You will have the unique opportunity to join a growing, human-sized organization proudly affiliated with a prominent American brand.

• Team Building.

• Recognition and Career Advancement: You will be recognized and rewarded for your work and dedication. Your contribution will not go unnoticed.

• Competitive Compensation: Your dedication and expertise will be rewarded with a competitive salary package tailored to your experience and qualifications.

Your application will be treated in the strictest confidence by Héloïse Buring, Fyte Luxembourg. A valid work permit in Luxembourg (or European citizenship) is required for this position.

Contact

Heloise Buring

Fyte

74, avenue de la Faïencerie

L-1510 Luxembourg

Luxembourg