Junior Officer - Fund Accounting PE/RE at Arendt & Medernach

Luxembourg, Luxembourg, Luxembourg -

Full Time

Start Date

Immediate

Expiry Date

07 Feb, 26

Salary

0.0

Posted On

09 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Fund Administration, PERE Funds, LUXGAAP, IFRS, USGAAP, Analytical Skills, Interpersonal Skills, Tax Reporting, Financial Statements, Regulatory Compliance, Bookkeeping, Communication, Investment Management, Client Management, Complex Fund Structures

Industry

Law Practice

Description

Arendt Investor Services (AIS) is the investor services’ arm of Arendt. We help clients to efficiently run the operational side of their business, bringing peace of mind to investors. Equipped with the latest technology, our 300 experts provide clients with an integrated suite of fund and corporate services, delivered to the highest market standards. Our services complement Arendt’s legal expertise and regulatory & consulting services. We are a Professional of the Financial Sector (PFS) supervised by the CSSF and ISO 22301 certified. The experts at AIS and AManco provide clients with: Corporate Services, Fund Administration Services, Governance Services, Operational AML & Compliance Services, Tax Compliance Services, Depositary Services, as well as Third Party AIFM Services (provided by AManco S.A.). Given the ongoing development of AIS, we are currently recruiting: ‎ Junior Officer - Fund Accounting PE/RE 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; #AIS ‎ Within Arendt, we uphold high standards. Our professionals work with clients on engaging projects, empowered from the start. With a strong local presence in Luxembourg and international reach, we support and train our team members to thrive in a culture of excellence. Specialised teams ensure the right skills are available, allowing for a focus on added value. Our leaders are approachable, providing support and mentoring. We offer a vibrant social life with numerous events, embracing sports and art, our culture encourages openness and discovery beyond the professional realm. With over 50 nationalities represented, Arendt is committed to the well-being of its staff, serving the best interests of its clients, protecting the environment, and supporting education. Arendt promotes equal opportunities and value each employee for what they bring to the community. For more information, please refer to our diversity and inclusion policy on our website. Interested? If you are interested in this job opportunity, we are looking forward to receiving your application. All applications will be treated confidentially. Please be aware that the selected candidate will be required to provide a criminal record (or certificate of good conduct). #AIS Arendt & Medernach (A&M) is dedicated to providing top-quality legal services. Based in Kirchberg, A&M is the leading independent law firm in Luxembourg, representing local and international clients in all areas of Luxembourg business law. Arendt Regulatory & Consulting (ARC) is a team of experts from a diverse range of fields. Based in Kirchberg, ARC offers the opportunity to advise asset managers and servicers on their fund regulatory matters. Arendt Investor Services (AIS) acts as a regulated business facilitator. Supported by a team of experts in Hamm, AIS offers a full range of corporate, tax and funds services. Entrepreneurship At Arendt, we all share the same high standards. Our professionals are empowered from the beginning and have the opportunity to work with prestigious clients on engaging projects. We have a strong local presence in Luxembourg with an international reach. Expertise From the beginning, our people are supported and trained. We thrive in a culture of excellence, acquiring skills and knowledge that will last a lifetime. Specialised teams ensure the right skills are available, allowing for a focus on added value. Care Our leaders are approachable, and throughout our network of experts, everyone takes time for each other, offering support and mentoring newcomers. With over 50 nationalities represented, Arendt is committed to the well-being of its staff, serving the best interests of its clients, protecting the environment, and supporting education. Social We offer a vibrant social life with numerous events. We firmly believe that informal moments within our teams allow us to forge strong bonds. Our Arendt culture is enriched by sports and art in all its forms, which encourages openness and discoveries outside of the professional realm.

Responsibilities

As a Junior Fund Accountant, you will be responsible for the accounting of PERE funds, including the calculation of net asset values and preparation of financial statements. You will also liaise with investment managers and external parties to ensure accurate reporting and compliance with regulations.