Assistant Manager Fund Accounting

Company Description

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

Job Description

Onboarding:

During client onboarding, fund accounting assistant managers undertake several crucial tasks to ensure a smooth transition and establish a productive relationship with the new client. Here are some key responsibilities:

• Client Information Gathering: Fund accounting assistant managers collect essential details Client Interview: Assistant Managers conduct interviews with clients to gain deeper insights into their expectations, preferences, and communication styles. These conversations allow for better alignment between the client’s objectives and the accounting services provided.
• Setting Up Systems and Processes: Assistant Managers will ensure that the set up of the new client within Investran/Demasy/Paxus is done properly either by the GCD (shared services center) or his/her team. Drives and reviews client data migration and set-up.

Oversight

During Net Asset Value (NAV) oversight, fund accounting assistant managers play a critical role in ensuring accuracy, compliance, and smooth operations. Let's delve into their key responsibilities:

1. Monitoring NAV Production Process
2. Quality Control and Approva
3. Risk Management and Compliance
4. Process Optimization and Efficiency
5. GCD (shared services center) Monitoring

In summary, fund accounting assistant managers during NAV oversight act as guardians of accuracy, compliance, and investor trust, ensuring that the fund's financial calculations are reliable and transparent.

Management

• Team Performance
  1. Serve as a subject matter expert of the team.
  2. Train and guide more junior members of the team.
  3. Second in command to the manager and serve as the back up at the manager’s absence.
  4. Support in overall management of the team.

Remember, effective team management involves fostering collaboration, prioritizing tasks, and ensuring everyone is working toward shared goals.

Client Relationship Management

• Assistant Managers interact directly with clients, addressing queries related to NAVs and providing timely information.
• Effective communication and relationship-building contribute to successful NAV oversight.

Qualifications

• Bachelor’s degree in accounting, economics or finance
• ACCA is a great asset
• Strong Lux GAAP, IFRS/Conso experience
• At least 3 years of experience in a similar role of assistant manager/ supervisor in funds services mainly in Private Equity and Real Estate services
• Languages: English – German and/or French is an advantage

Additional Information

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.