Commercial Manager - Luxembourg - Blue Monday Ltd

Description

Position:
Commercial Manager


Location :
Luxembourg (City Centre) Moving to Strassen in the Summer.


Brief description:

LetterOne (L1) offers you a unique chance to join our fast-growing team to learn more and take the further step in your career.

We are looking to fill the position of Commercial Manager reporting to Director of Corporate Development.

You will work with the Finance Team but not in the Finance Team and have significant exposure to the front office deal teams.

LetterOne invests in Europe, the U.S.

and other geographies in the following sectors:
energy, telecom and technology, health, retail, PE and public markets.


Role responsibilities:

This is a diverse, with varying levels of responsibility (depending on skillset/strengths and evolving over time). Depending on your profile, you will be trained in some aspects (flexibility is required).


The role will encompass:

Group-wide head office oversight:

• Monitoring and control over business units and portfolio companies and ensuring the quality of board materials, including business unit performance and benchmarking reporting.
• Preparation of investment monitoring slides for L1 quarterly Board meetings.
• Critical review, challenge, and approval of yearend valuations of portfolio companies (impacts incentives);
• Act as a Corporate Secretary and/or minute taker on different boards and committees of different entities within the Group.
• Act as a Manager for different Head Office Companies.

2 Incentive programs design and monitoring**:

• Critical review and approval of financial models for calculation of carried interest, long-term incentives and annual bonuses for L1 deal teams and advisory boards.
• Critical review and approval of calculation of carried interest for thirdparty Private Equity funds in which we are significant LP.
• Interacting with external consultants, legal counsels and tax advisers.
• Oversee process for employee coinvestment in portfolio companies, with associated loans.
• Depending on progress, ability to structuring and modelling of longterm and shortterm compensation arrangements for L1 deal teams.

3.
Group
-wide cash flow management:

• Creation of Fund Flow Memorandums, project plans, and coordination/oversight of cash moving through group (e.g. at deal closing).
• Liaising with the tax, finance and legal teams, ensuring no unforeseen tax or legal. implications.
• Coordinating cash requirement calls between the treasury department and deal teams.

Other special projects and ad-hoc requests:

• Commercial input on group structure/restructuring, reviews of potential deals, valuation, analysis, modelling, developing presentations, info memos, minutes and notes etc.
• Ability and willingness to get involved in a wide variety of different projects.

Required Profile:

• 4+ years of PQE in Big 4 or similar consulting/PE/Investments in Transaction Services domain
• High achiever, willingness, and ability to learn and develop quickly.
• Excellent problemsolving skills, solid judgement, and pragmatic approach
• Accounting skills, knowledge of transactions, PE world, incentives, top class excel skills, bright & personable.
• Modelling/Valuation experience is desirable.
• Project management skills: the ability to work independently to produce quality results, meet deadlines and EQ to negotiate project timelines between various teams with different priorities.
• Resultsoriented, driven and motivated for personal and team results.

Company Benefits

• Wellness allowance for gym membership fitness classes (taxable).
• Complementary health insurance with AXA after the trial period (taxable),
• Life and disability insurance
• Language classes training programme, and annual professional body membership fee.