KR Recruitment is delighted to be assisting our client, one of the world's leading Real Esate Investment Firms, in growing their office in Luxembourg.
To assit in the continued growth of their European business, they have created a new position, Head of Finance.
This is a wonderful opportunity for a candidate to assume a role with real responsiblity.
The successful candidate will have broad responsibilities covering team management, risk managment and fund set up on an AIFM platform.
The successful candidate will have the chance to assume conducting officer responsibilitites in 6 - 12 months times.
The objective of the role is to offer a best-in-class’ service to the internal business stakeholders and to our clients at all times.
Role and Accountabilities : Manage the Finance team (three direct eight in total) : Set annual objectives for your team and organise regular bi-
annual reviews Overall responsibility for ensuring key processes and procedures are documented and follower Overall responsibility for ensuring all client reporting deadlines and compliance obligations are met (including income tax returns, VAT returns and all other deliverables pursuant to each client mandate) Review and sign-
off where required work performed by the team Provide support to the team to solve technical issues Assist and lead, as required, negotiations with third party service providers on scopes of work, fees, service delivery and act as the escalation contact to resolve issues Provide AIFM expertise : Conduct day-
to-day risk management activities Draft pre-deal / quarterly / annual risk reports and present to the Portfolio Management Committee Provide back-
up cover for our other risk manager Quarterly review of NAVs including discussion with asset managers and review of external appraisals Review of AIFM Annex IV reporting and AIFM & management fees Transfer Agent oversight of AIFs (e.
g : review of investor on-boarding documentation, capital call notices, distribution) : Lead and support on-boarding of new AIFs : Assist with preparing AIFM fee proposals Obtain fee quotes from service providers for central administration, transfer agent, depositary, audit, Tax advisory work, etc and prepare recommendations and complete appointment forms Review commercial terms of depositary agreement and central administration / transfer agent agreement and liaise with the providers directly to set up operating memorandums Review of LPAs, offering memorandums and term sheets Review of AIFM service and advisory agreements Communication with auditors for accounting principles Assume director mandates on GP / Holding Companies / SPVs managed by the group Based on the experience of the candidate and on business development, there will have an opportunity to evolve as Conducting Officer of the AIFM in charge of Risk in the next 6 to 12 months.
Required Qualifications & Experience : Qualified and Experienced Accountant with relevant 5 years’ experience in a similar position ideally in a real Estate organisation or auditor in a big 4 already working on Real Estate Client Strong organisational and communication skills, with the ability to prioritise and work under pressure Previous risk management experience within a real estate asset manager will be an asset, as would already Being an approved CSSF manager or conducting officer Good problem solving and analytical skills Self-
motivated with ability to work independently as well as being a team player able to adapt to different personalities and styles Strong work ethic and positive can-
do’ attitude with ability to meet deadlines and takes initiative High level attention to detail and conduct sense checks on all work Pro-
active and strong communicator Outgoing personality and ability to engage at all levels Fund and / or property accounting knowledge would be an asset Fluent in English, French is desirable Ability to travel when needed