Supervisor Fund Accounting

**JOB TITLE**:Supervisor Fund Accounting M/F**

**DEPARTMENT: Client Services**

**Employing Company: Gen II Luxembourg Services SARL**

**THE GROUP**

Gen II Fund Services is one of the largest global independent private equity fund administrators, with over $900 billion of private capital under administration. Gen II services 6,500+ fund entities with a 99% client retention rate. The group has over 1000 employees, with several offices across the United States (New York, Stanford, Boston, San Francisco, Dallas, and Denver) and in Vancouver and Luxembourg.

The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

**THE LUXEMBOURG BUSINESS**

Gen II Luxembourg Services offers Private Equity and Real Estate administration services, providing Gen II US clients, and new US and European sponsors with the capability to have a Luxembourg base of operations and trusted partner in Europe.

The business offers a fully customizable service plan for sponsors seeking to establish a Luxembourg-based structure.
- Fund launch consultation and guidance
- Domiciliation, governance, and secretarial support
- Complete fund accounting and administration
- Registrar and transfer agency
- Comprehensive financial, regulatory and investor reporting
- Regulatory/compliance support: AML/KYC, CRS, FATCA and AIFMD reporting
- Depositary services
- Directorship services
- Data analytics and integration
- Coordination with other service providers

**THE ROLE**

The role sits within the Client Services Fund Accounting department, reporting to the Manager. The main activities of the department are fund accounting, financial reporting, net asset value calculation, capital calls, distributions, and investor reporting.

**SPECIFIC RESPONSIBILITIES**
- Assist with the preparation and review of all client & Investor specific deliverables, Net Asset Value calculations, Financial Statements, partner capital statements, capital call and distribution allocations and notices.
- Review journal entries, including cash and non-cash transactions. Perform a thorough, detailed review of trial balance, supporting work papers, waterfall schedules, preferred return calculations, IRRs.
- Prepare and review capital events activities, including capital call allocations & notices, capital distribution allocations & notices, and ensure all supporting documentation are filed as per internal procedures.
- Actively participate in weekly calls with clients as per engagement needs.
- Demonstrate understanding of the fund governing documents, industry guides, GAAP.
- Ensure control processes are adhered to and complex matters escalated appropriately.
- Actively participate in new client onboarding and fund setup (including and not limited to building financial statements, dashboards, footnote disclosures, waterfalls, and management fee calculation files.
- Lead the coordination of year-end audits.
- Liaise with external providers to provide documents supporting the preparation of tax returns (CIT, MBT, NTW and VAT)
- Coordinate ad hoc requests as needed (e.g., audit confirms, quarterly KPIs, contribute to due diligence reviews)
- Coordinate with Manager on delegating tasks to team members.
- Assist junior level employees in career development goals.
- Provide training and guidance to Junior fund accountants.
- Participate in evaluating talent by providing constructive, actionable feedback to the direct line manager.
- Ensure Gen II Luxembourg Services best practices and key policies are applied, and any significant issues are brought to the mangers attention.

**REQUIRED SKILLS, EDUCATION AND EXPERIENCE**
- Bachelor’s degree in accounting or finance or a recognized accountancy qualification.
- Fluent in English, any other language is considered an asset.
- Good knowledge of Luxembourg corporate laws and private equity fund structures.
- Good Knowledge of US & LUX GAAP.
- Strong knowledge of waterfall calculations.
- Excellent interpersonal and communication skills, including contributing to and being part of a strong team spirit.
- Result-orientated with a sense of responsibility and commitment to delivering quality work.
- Ability to work autonomously, taking full ownership of assigned responsibilities.
- Excellent organizational skills complemented by a “can do” attitude.
- Competency in Microsoft Word, Excel, and Outlook.