Financial Credit Manager

**Organisation and department description**
Our client is a global investment firm in three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.

**Job description**
This position is part of the accounting team serving in its Luxembourg office supporting Global Credit funds. The team is responsible for 6 Funds and over 40 SPVs and securitization vehicles. The team provides support to the fund management and investment teams in Europe as well as the fund accounting team in New York and Washington DC. The role mostly consists of oversight of the day-to-day accounting work such as reviewing of invoices and related payments, active involvement on Investment closings, data generation and reviewing and coordinating the year-end close process and coordinating the Lux GAAP audits.

**Responsibilities**

Accounting duties & responsibilities (65%)
- Review of financial accounts
- Preparation of distribution templates and manage interim distributions execution
- Review of Luxembourg Central bank accounting-related reports
- Coordinate year-end audit process with external auditors, review of support schedules, footnote disclosures and answering questions and coordinate with legal team for relevant documentation support.
- Ensure that all adequate information/supporting documentation is made available to the local accountants for quarterly reporting and annual accounts
- Review of VAT and Corporate tax returns prepared internally and by external tax advisors
- Assist the AVP on specific tasks, including investment structuring and deal closings
- Effectively liaise and communicate with the legal team in Luxembourg the relevant information in relation to operations, as well as ensure the accounting team has the ability to comprehend legal documentation supporting investment transactions
- Work very closely with the US fund management team for quarterly reporting, quarter and year end reporting and cash flow coordination
- Overseeing and controlling the cash reconciliation across the structures on an ongoing basis
- Liaise with external Luxembourg tax advisor on issues and tax audits, as they arise and coordinate responses and any remediation actions, as needed
- Submission of tax structuring and transfer pricing on deals for review by Luxembourg tax advisor and ensuring that the Luxembourg structures are up-to date regarding their tax compliance
- Coordinates the Lux GAAP audits
- Assist the AVP on the IFRS audits
- Review of electronic filing of financial data as required
- Guidance on internal control requirements, accounting and best practices
- Be an important link between management the AVP and the external service administrator
- Be responsible for the quality of the work and documents produced and submitted for the AVP review
- Participate as a board member on selected Luxembourg companies

Team Management (30%)
- Supervise and train team members, empower team members to take on additional responsibilities, devise training programme
- Ensure teamwork load is managed and allocated appropriately
- Hold regular team meetings and ensure communication is clear with regards to priorities
- Ensure accounting team is effectively working as a team, but also coordinating effectively with other groups, legal, partnership accounting, etc.

Accounting Systems/Processes (5%)
- Evaluate improvements to be made in regulatory reporting with automation of supports used in the annual accounts preparation a priority, liaise with corporate accounting and systems leads in London
- Evaluate and access office procedures and ensure in line with changing regulatory environment at least once a year

**Profile**
Education & Certificates
- ACCA certification in progress. Other relevant accounting certifications will be considered

Professional Experience
- Minimum 6-7 years of accounting experience
- Strong knowledge of Luxembourg accounting and legal environment
- Strong organizational skills and detail oriented
- Fluent in English, French to be considered as an advantage
- Knowledge of Lux GAAP, IFRS a plus
- Strong knowledge of Microsoft office

Competencies & Attributes
- Strong organizational skills and detail oriented
- Excellent communication skills - both written and oral
- Ability to effectively lead a team and manage positive morale
- Strong sense of responsibility
- Ability to work autonomously and with self-confidence
- Intellectual curiosity / Pro-active in addressing any issues
- Use of common sense and hands-on approach in solving problems
- Ability to help others prioritize workload
- Ability to meet ad-hoc requests from multiple people
- Willingness to learn and develop and help others grow through constructive and frequent feedback and communication

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