Our client is a global Investment Management company.
Fore their in-house alternative funds business in Luxembourg we are hiring for a newly created position - Senior Expert in Accounting and IFRS.
This is a senior position that reports directly to Group HQ Finance.
The expert accounting and non-standard investments has a key role in implementing the alternative asset strategy.
You are responsible for providing IFRS accounting advice and assessing potential options for structuring of new non-standard investments, particularly in financial / accounting terms.
In addition, the job role includes the comprehensive transaction support in the sourcing phase and ongoing accounting coverage of non-standard investments.
Key Responsibilities Develop and actively propose new ideas for non-standard investments (innovative structures and accounting solutions for alternative assets).
Provide structuring input for the set-up of new limited partnership funds (e.g.
regarding type of vehicle and governance rights).
Determine the IFRS-relevant terms and conditions of alternative private debt assets (e.g.
regarding embedded derivatives and consolidation of intermediate vehicles).
Interact with captive and external asset managers to implement financial data requirements for limited partnership investments and direct private debt assets.
Prepare IFRS accounting opinions for investments in limited partnership funds with complex structures (e.g.
consolidation under IFRS 10) and for private debt assets with a wide range of features (e.g.
embedded derivatives analysis regarding early redemption rights and paid-in-kind coupons).
Continuously assess alternative investments / vehicles, in particular with regard to fair value measurement and impairment analysis.
Analyse impact of IFRS 9 for investment portfolios (listed assets and alternatives), and evaluate strategic implications for investment management.
Conduct SPPI-tests and support the set-up of the loan loss provisions for complex private debt assets.
Prepare presentations for senior management.
Required Qualifications and Skills Excellent university degree in business administration or economics Additional qualifications (MBA, CFA, CPA) beneficial Extensive IFRS accounting and reporting experience Alternative investments experience in Luxembourg