Foresight Group Luxembourg is a 100% subsidiary of Foresight Group LLP and acts as an Alternative Investment Fund Manager (AIFM) for Foresight’s EU-based Funds.
Foresight Group is a leading infrastructure and private equity investment manager with #xA3; billion of assets under management.
Foresight Group Luxembourg currently manages two EU domiciled funds and is envisaging to expand to more funds throughout Europe.
Hence, we are looking to grow our Luxembourg team. We will offer to the potential candidate a small team, but rapidly expanding, company environment with focused and motivated individuals.
Training and guidance will be provided. The candidate will be part of the growing Continental Europe team based in Europe and will work closely with our colleagues in Rome and ;
Key Responsibilities :
Manage and organise the day-to-day operation of the funds :
Incorporation / liquidation
Board / shareholders meetings
Expected to develop an understanding of limited partnership agreement, articles of association, and other legal documents relating to the management, control, and administration of the fund vehicles
Daily cash management tasks across several bank accounts
Transfer agency (TA) services :
Onboarding of investors
Distributions / Equalisations
Shares register update
Accounting and auditing of the funds :
Preparation, calculation, and review of quarterly NAVs for the funds
Bookkeeping and preparation of financial statements according to the local GAAP and IFRS
Filing of the annual accounts on eCDF
Assisting in the coordination of year-end audits
Preparing periodic tax and VAT returns and maintaining relevant contact with the Luxembourg tax authorities and tax advisers
Establish processes and procedures for the Central Administration of the Funds
To be the contact person for various service providers
Maintaining proper files / documentation
Provide assistance to superiors in delegated projects / tasks
Qualifications and Experience Requirement (Essential) :
Bachelor's Degree or equivalent professional qualification, preferably in Accounting, Finance, Business Administration
Minimum two years’ experience in the fund industry
Strong technical knowledge of fund accounting and fund administration
Strong knowledge of the Luxembourg alternative investment Fund industry
Ability to meet deadlines
Ability to write basic reports, minutes, business correspondence
Ability to work independently and deliver quality work
Excellent interpersonal and communication skills.
Analytical and problem-solving skills
Fluent in English (French, German or Italian would be an advantage)
Legally able to work in Luxembourg
Qualifications and Experience Requirement (Desirable) :
Accounting or Audit background
The mindset to grow within the Operation team
An understanding of the Fund structures in Luxembourg.
Applications should be sent to by latest Monday 18th October 2021