Fund Account Manager

Our client, a leading specialist fund administration company with a global presence, is looking for a Fund Accounting Manager to join their Luxembourg office. The company mainly specialises in hedge funds, fund of funds, UCITs, AIFs and private equity funds.

The successful candidate will be a Fund Accounting NAV specialist with several years experience in a similar role and company. The role will involve managing a team so some prior experience at Supervisor / Manager level is important.

This is a fantastic role and an exciting time to join this company which is going through a strong period of growth and development.

Job Description:

• Manage the overall Net Asset Value calculation and client audit process within the company guidelines and procedures and ensure the timely and accurate delivery of the NAV calculations
• Managing client relationships involving interaction with both client and Director
• Ensure the assigned fund accounting team operates within the clearly defined and documented control environment
• Managing a team of up to 10 staff servicing clients with various requirements and deadlines
• Resolve fund accounting enquiries escalated by Supervisor or Administrator and handle complex queries from clients
• Ensure all aged items on cash and position reconciliations are resolved timely
• Review daily and monthly NAV calculations whilst developing and improving NAV calculation workflows and procedures
• Review fee calculations and profit and loss allocations
• Review applicable monthly, yearly and inception to date performance
• Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements
• Investigate accounting implications of new products
• Manage and complete client initialization and transition
• Participate in development and presentation of fund accounting training
• Manage fund accounting recruitment, training and performance evaluations
• Resolve exceptional problems and take on special projects or tasks as assigned

Requirements:

• Accounting, Finance or Business Degree
• IT Literate
• Fluent in English with strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Ability to be flexible and work effectively both within a team structure or independently
• Strong interpersonal skills and an ability to positively influence team morale
• Good initiative tempered with identifying when escalation is required
• Strong systems, product and process knowledge
• Prior experience in the preparation or review of Financial Statements
• Reliable and dependable
• Demonstrate leadership skills
• Several years’ experience working in a Fund Administration and/or Audit Firm including working at Supervisor/Manager level
• Flexible and willing to adapt