Assistant Fund Controller

at  abrdn

Job Description
At abrdn, our purpose is to enable our clients to be better investors.
Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.
About the department
Global Private Markets Operations is a specialist operational partner providing expertise and support to the Private Markets’ asset classes and Investment teams whilst leveraging a number of services from the rest of Operations.
Global Private Markets Operations supports all alternative and real estate asset classes whilst recognising the differences in execution and specialism across different asset classes, clients, geographies and systems. We also support emerging new asset classes and new products combining different Private Markets and/or traditional asset classes. By bringing these and related activities together, we work together on common initiatives enabling us to become more scalable, efficient and consistent globally.
About the role
Based in Frankfurt, as the Assistant Fund Controller you will get the opportunity to work on complex direct real Estate funds in Europe containing multi layered corporate structures (consolidated), bank debt, tax and foreign currency translation.
You will get the opportunity as the Assistant Fund Controller to be responsible for performing analysis on a portfolio of funds and their investments, cash flow and bank debt and using the output from this analysis and from the financial models to populate a variety of client reports both bespoke and regulatory in nature.

Key Responsibilities

• Ensure excellent service delivery and build strong trusted relationships with key stakeholders working collaboratively across a variety of functions (Operations, Investments, Structuring and Tax);
• Assisting with the preparation of bespoke and regulatory reporting for clients within tight deadlines and to a high standard of quality;
• Audit support for consolidated Fund accounts;
• Responsibility for investment country specific topics as review of reporting packages, local audit support, bank account maintenance;
• Assist in acquisitions and disposals of SPV/Real Estate;
• Cash Management - assist with the effective management and movement of cash around Fund corporate structures in timely and accurate manner;

About the candidate requirements

• Comprehensive knowledge of financial accounting applied in a commercial context;
• University degree and/or Qualified or part qualified accountant, profound understanding of accounting;
• Experience of working in real estate operations or audit of real estate funds/SPV´s;
• Working knowledge of IFRS preferable;
• Experience of working with different types of private markets fund wrappers e.g. Luxembourg RAIFs, Limited Partnerships, investment trusts etc.

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense – this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.
If you need assistance or an adjustment due to a disability please let us know as part of your application and we will assist

• Ensure excellent service delivery and build strong trusted relationships with key stakeholders working collaboratively across a variety of functions (Operations, Investments, Structuring and Tax);
• Assisting with the preparation of bespoke and regulatory reporting for clients within tight deadlines and to a high standard of quality;
• Audit support for consolidated Fund accounts;
• Responsibility for investment country specific topics as review of reporting packages, local audit support, bank account maintenance;
• Assist in acquisitions and disposals of SPV/Real Estate;
• Cash Management - assist with the effective management and movement of cash around Fund corporate structures in timely and accurate manner