Fund Accounting Assistant Manager

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.

As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.

**The Company**:
**We are a leader in the Fund Administration space with service centres including Luxembourg, Dublin, New York and Milwaukee and presently service multiple fund structures and investment strategies across several domiciles. Our innovative technology, coupled with a talented and motivated workforce allows us to deliver a superior service to our clients. We are committed to our services being of the highest quality and are continuously improving our technologies and processes, offering challenging, dynamic roles with excellent career prospects. We have established a Professional of the Financial Sector (“PFS”) in Luxembourg and have commenced operations in November 2020.**:
**US Bank Global Fund Services Luxembourg S.a.r.l, (the “Company”) has been authorised by the Commission de Surveillance de Secteur Financier’s (“CSSF”) to be licensed as a PFS offering fund administration, transfer agency, client communication and domiciliary agent activities to Luxembourg domiciled alternative investment fund structures and their SPVs.**:
**The Role**:
**As a Fund Accounting Assistant Manager you will assist the Manager in overseeing the daily fund accounting operations team supporting a group of clients and in maintaining strong client relationships. You will be responsible for ensuring that NAV calculations are performed, reviewed and signed off in accordance with existing procedures. You will be client focused, with the consistent delivery of a high quality client experience being priority at all times.**:
**Responsibilities**:
**Client Service**:

- ** Serve as an escalation point of contact for a number of clients.**:

- ** Ensure all established fund accounting procedures and controls are completed accurately and in a timely manner.**:

- ** Work with team to ensure review & approval of NAV’s are thorough, consistent and timely.**:

- ** Ability to provide hands on cover for all funds within the team when required.**:

- ** Enable delivery of quarterly/other ad-hoc client reporting requirements.**:

- ** Enable timely delivery of annual year-end audit and financial reporting requirements.**:

- ** Ensure supervision of accountants on systems, adherence to procedures and maintenance of daily deliverables.**:

- ** Demonstrate working understanding of Private Equity/Debt, Hybrid and Alternatives portfolio investments, most common Luxembourg AIF fund structures and critically impacting the financials of the Fund and its entities under Lux GAAP/IFRS/US GAAP including any related tax considerations.**:
**Staff Management**:

- ** Assist Manager in providing training, mentoring new employees, promoting staff development and motivation.**:

- ** Provide input and feedback to staff regarding their performance /contribute to appraisals.**:

- ** Problem, error and operational query resolution on a timely basis (support team in same).**:

- ** Promote and monitor adherence to service standards and specified deadlines.**:

- ** Idea generation and ongoing assessment and improvement of operational service model.**:

- ** Maintain a good working relationship with external clients as well as with internal relationship managers and other business units.**:

- ** Assist in the development and implementation of departmental procedures.**:

- ** Work on Projects / Ad hoc tasks as required.**:

- ** Minimum 3 - 5 years fund accounting experience including Luxembourg funds industry, exposure to Luxembourg domiciled Private Equity/Debt, Hybrid AIF Funds life-cycle.**:

- ** Knowledge and experience in Lux GAAP and/or IFRS. US GAAP knowledge and experience is an advantage.**:

- ** Experience of performance fee/waterfall calculations, capital calls and distributions.**:

- ** Experience of Luxembourg SPV, holding companies and financing.**:

- ** Fund accounting experience of Luxemb