Finance and Credit Manager - Luxembourg - Do recruitment advisors

Do recruitment advisors

Entreprise vérifiée

Luxembourg

il y a 1 semaine

Posté par:

Jean Schmitz

Recruteur de beBee

Description

Contract Type:

Permanent

Location:

Luxembourg

Salary:

Market related

Start Date:

Reference:

JO

Contact Name:

Anaïs Raso

Job published:

14 February 2023

FINANCE AND CREDIT MANAGER (M/F)

Our client, a deeply established venture capital firm in Europe, is seeking a Finance Manager Credit for a newly created role to support its Venture Credit platform.

Reporting to the CFO, this person will oversee the outsourced fund & loan administration and accounting attached to the Venture Credit strategy.

The position is based in Luxembourg.

THE ROLE:

Fund valuation and reporting

Provide guidance and direction to the fund & loan administrator (external provider)
Produce monthly and quarterly funds valuation, based on the information provided by the fund administrator & accountant including relevant supporting documentation/ ensure applicable ratios/covenants are monitored
Compile, analyze and prepare funds financial data and reporting
Ensure a close collaboration with the Portfolio Managers and Investment Advisors

Financial statements

Oversee quarterly close process review and approve quarterly financial statements of the entities under his/her supervision (including a reconciliation of stocks)
Review semiannual & annual financial statements, liaise, and facilitate the annual audits with the external auditor and provide information for tax preparation annually

Day to day management

Monitor the fund's liquidity including preparing borrowing requests and processing paydowns on the credit facility
Ensure that cash management of the fund is properly managed and that FX risks are hedged in accordance with the Group internal procedures.
Review and complete management fee, other invoices and carried interest waterfall calculations with the fund administrator
Review & control investor capital calls and distributions notices prepared by the fund administrator
Ensure that the originator investments and divestments (in debt, equity or equitylike instruments) have been duly validated before sending instructions to the fund & loan administrator and depositary.
Ensure consistency between the fund administrator and the depositary on all payments
Process and manage the reconciliation of invoices
Manage bad debts collection files
Assist with corporate and regulatory reporting.
Check the appropriate expense allocations and budgets between the legal entities under his/her supervision
Support the implementation of new tools and solutions to improve productivity

THE CANDIDATE PROFILE:

7 to 10 years' experience with a first experience in a PE fund and ideally 5 years in credit fund accounting
Good knowledge of IPEV valuation guidelines
Trusted advisor
Ability to work efficiently and calmly under pressure
Ability to prioritize and manage tight deadlines
Excellent relationships skills
Team spirit
Ability to work autonomously while making regular reporting
Fluency in French and English

THE CLIENT:

Our client is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability.