Senior Fund Accountant at TMF Luxembourg S.A

Luxembourg, Luxembourg 1855

About the Job

Job Purpose

TMF Fund Services is an independent fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include: Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.

Key Responsibilities

Calculation and production of accurate NAVs of the various alternative investment funds (private equity, real estate, debt, other alternatives).
Processing transactions in the fund accounting system for complex funds: asset deals, security pricing, foreign exchange spot and forward rates calculations as well as calculation of the fees, cash and securities reconciliation. Preparation of financial statements.
Depending on the level of experience, review of basic tasks (payment instructions, regulatory reporting) for non-complex funds.
Understanding and developing the existing relationships with Service Providers such as custodian, brokers, managers and auditors.
Liaising with auditors for year-end review.
Other ad-hoc duties related to domiciliation and corporate secretarial tasks

Required skills

4-5 years experience in Fund accounting (Alternative Funds, Private Equity, Real Estate)
Very good knowledge of Accounting principles and Company Accounting
Understanding of a payment process
University degree in Accounting or Finance
Fluency in English, German and/or French would be considered as an asset

Working at TMF Group offers

Excellent working conditions: good work-life balance, salary indication above market level.
Learning opportunities: you will work with highly experienced colleagues who are ready to share their knowledge, and will receive the opportunity to work on diverse and complex client requests. You will also be able to apply for and be supported for training.
Value-driven work environment: you can expect integrity and respect from all your colleagues and your leadership team.
Teamwork: an environment where we learn from our mistakes and work together to improve our processes continuously. A no-blame culture where teamwork is important valued and lived daily.
Ambition: we are a growing company in which we constantly look for the next opportunity and where all ideas are welcome.

Job summary

About this company

TMF Luxembourg S.A

Founded in 1977, TMF Group in Luxembourg has a dedicated international and multicultural team of industry specialists in accounting, legal, tax, payroll and HR serving private clients, international corporate clients, stock-listed multinationals and private equity and real estate investment structures, both locally and internationally. We provide a full range of corporate services to help you to reduce risks, stay compliant, better control your costs, and simplify your operations - leaving you free to focus on core activities. International businesses operating in multiple jurisdictions have to comply with many different and often complex local governance and regulatory requirements. At TMF Group in Luxembourg we combine our extensive global resources with our unrivalled knowledge of local regulations, cultures and languages to help you achieve your business goals. Our flexible solutions are customised to fit our clients’ exact needs and are co-ordinated through a single point of contact to support excellent communication and management wherever you are in the world. Our independence, wide-ranging experience and focus on providing outstanding customer service allows us to provide your business with a comprehensive range of services at the best possible value. Colleagues in our local offices have extensive experience working with industries including, real estate, oil and gas and renewable energy. Having multilingual staff means we have the capabilities to render services in a vast array of languages, including Russian and Chinese. Our full range of services: Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations. Capital Markets Services: we provide support to capital market transactions at local level and on a global scale. We help to manage and administer a wide range of transactions, from a simple escrow to a complex multi-tranche securitization, a project finance transaction or a syndicated loan. We can also help direct lenders in need of support to administer their loan portfolio. Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations. Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries. Fund services: We work with structures across the full investment spectrum, from private equity and real estate funds, to trade financing, debt and fund of fund structures. Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your filling requirements for CRS, FATCA, KYC and BEPS related regulations. HR and Payroll services: We help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law. Private Equity Investment services: We support investment managers with bespoke back office solutions, administer complex international investment structures, and facilitate your expansion and international operations. Real Estate Investment services: Our expertise covers work in multiple jurisdictions, including international holdings and administration of property companies, along with fund administration.