Assistant Fund Accountant (F/M)

The Role

The role is an entry level accounting-focused and will involve assisting our Fund accounting team in accounting and financial reporting for portfolio of funds and other structures mainly in the private equity and real estate sector. The individual will liaise with fund manager clients, third parties (including auditors) and other external advisors necessary to ensure smooth operation of the structure and to ensure that deadlines are met. Specific responsibilities include bookkeeping, assistance with periodic reporting (usually under Luxembourg GAAP or IFRS), assisting with capital calls, distributions, transactions and other day to day functions. The individual will work within a small client team, reporting on a daily basis to the relevant Langham Hall senior fund accountants and manager.

Langham Hall takes the development of its employees very seriously and offers sponsorship of a professional accounting qualification (e.g. ACCA) as part of the package

Essential Duties and Responsibilities

• Accounting and bookkeeping of funds and SPVs (posting of invoices, interest and accruals etc.)
• Carry out monthly bank reconciliations and maintain all supporting documentation
• Respond to client queries and participate in client calls as required
• Assist senior team members in preparation of financial statements, using Lux GAAP and IFRS
• Assist senior team members in populating consolidation workings and intercompany eliminations
• Assist and in some cases in charge of regulatory reporting deliverables such as BCL reporting, CSSF reporting etc.
• Assist in preparation of VAT/CIT returns
• Assisting in the coordination of year-end audits;
• Prepare bank payments in various banking platforms and ensuring necessary supporting documents (including KYC documents) are obtained and attached for an efficient review process
• Assist in the process of calculating equalisation, drawdown and distribution processes and able to refer to the relevant section of the LPA/ Fund document for details of equalisation, drawdown and distribution
• Assist in calculation of management fees                                                                                                                     

Education / Qualifications skills required

• Graduate in Finance, Economics or Accounting.
• Pro-active, motivated and eager to learn and grow in fast paced working environment
• Flexible, excellent team player and have a positive attitude towards problem solving issues
• Fluent in English (French or German would be considered as an advantage)
• Excellent organizational and interpersonal skills and able to work under tight deadlines
• The candidate will receive training and coaching required and it is not expected that the candidate hold any material prior experience, however, basic understanding of Lux GAAP and IFRS