Fund Finance - Assistant Finance Manager - Based in Luxembourg

Posted One Month Ago
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Luxembourg, LUX
Hybrid
Mid level
Fintech • Financial Services
Together, we fight to ensure a more secure future for millions more Americans.
The Role
Review and prepare property-level and Luxembourg entity financial statements, convert Luxembourg GAAP to US GAAP, manage cash and banking, support acquisitions/dispositions, tax filings and audits, prepare journals and reconciliations, recommend accounting treatments, implement process/system changes, and support SOX/internal audit documentation.
Summary Generated by Built In

Overview of the Role 
Due to an increasing level of European investments and some changes within the Fund Finance Team in Luxembourg, the company currently taken steps to firm-up the infrastructure of our European investment/ investment-service hub in Luxembourg. The company is looking for the position of an Assistant Finance Manager role which would suite someone that wishes to develop and grow within a Real Estate service and asset management company.

Main Duties and Responsibilities 
•    Oversee the Review of property-level financial statements for real estate assets across the UK and Europe.
•    Preparation/review of financial statements for Luxembourg entities
•    Conversion from Luxembourg GAAP to US GAAP (including regular update of Yardi)
•    Liaising with the various corporate secretarial / legal teams, with auditors’ pre and during the course of the audit and also with asset management from several countries
•    Cash management of holding entities including payment submission and review on a day to day basis, control activities on European entities’ cash flow and coordination with banking team
•    Support for asset acquisitions and dispositions, if applicable 
•    Review and monitor leases/capital commitments and cash flows with property management.
•    Support for tax filings
•    Recommend appropriate accounting methods and set-ups for new or unusual transactions and assists in analysis of the impact of more complex transactions and strategies related to new investments and business opportunities.
•    Implement new procedural or system changes.
•    Analyse controls and processes, recommending improvements where necessary
•    Gather required financial info to complete financial statements and reports
•    Identify, analyses and resolve variances generated by reconciliation process.
•    Prepare monthly journal entries and account reconciliations, where applicable 
•    Provide supporting documentation for SOX and (internal) Audit purposes.

Technical Skills & Qualifications Required
•    Relevant experience of 3 to 5 years; ideally from an in-house role with a Real Estate/PE firm or with a service provider/Big4 audit firm
•    Degree or equivalent in either Accounting or Finance
•    Working knowledge of LUX GAAP and Local Tax regulations
•    Knowledge of Yardi is advantageous
•    Fluency in English is a must, any other European language would be a plus
•    Ideally conversion experience from Luxembourg GAAP to US GAAP 
•    Strong accounting controls experience including: financial statement reviews, cash flow controls, cash repatriation, acquisition/disposition, lease/capital commitment review, tax and audit.
•    Appetite for working in a multilingual environment
•    Problem-solving and critical thinking skills including implementation of technology related improvements to day to day work
•    Communication and teamwork skills
•    Time management and organisational skills
 

This role requires no regulatory designation. 

Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.

Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.  
 

Related Skills

Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling

_____________________________________________________________________________________________________

Company Overview

Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: [email protected]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.

Skills Required

  • 3 to 5 years relevant experience in-house at Real Estate/PE firm or Big4/service provider
  • Degree or equivalent in Accounting or Finance
  • Working knowledge of Luxembourg GAAP and local tax regulations
  • Experience converting Luxembourg GAAP to US GAAP
  • Knowledge of Yardi
  • Fluency in English
  • Other European language
  • Strong accounting controls experience (financial statement review, cash flow controls, cash repatriation, acquisition/disposition, lease/capital commitments, tax and audit)
  • Ability to implement procedural or system changes and technology-related improvements
  • Problem-solving and critical thinking skills
  • Communication, teamwork, time management and organisational skills

TIAA Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about TIAA and has not been reviewed or approved by TIAA.

  • Retirement Support — Age-based company retirement contributions of 5% to 12.5% plus a 100% match on the first 3% to the 401(k) and a $750 annual Retirement Healthcare Savings Plan match stand out. Company contributions typically vest after three years, with excess/equalization provisions for higher earners.
  • Parental & Family Support — Sixteen weeks of fully paid parental leave and eight weeks of paid caregiver leave are paired with adoption/surrogacy assistance, backup child/elder care, Milk Stork, tutoring, and other caregiving supports. Many benefits begin at hire and are positioned as robust relative to peers.
  • Healthcare Strength — Multiple medical plan options (including HSA), dental with 100% preventive coverage, two vision options, life and disability insurance, FSAs, and wellness incentives are detailed. Programs such as fertility support via Progyny and midlife care broaden the offering.

TIAA Insights

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The Company
HQ: New York, NY
Year Founded: 1918

What We Do

Every worker deserves a secure retirement. For more than 100 years, weʼve delivered it for millions of people—and weʼre not done yet. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us. And weʼre hiring. When you work at TIAA, youʼre making a difference in the lives of our clients. Weʼre always on the lookout for great people to become part of our coalition of champions and are committed to providing equal opportunity across all employment practices as we believe our employees have a right to a diverse and inclusive workplace. Join our team today in the fight to help more people to and through retirement.

Why Work With Us

TIAA provides financial security for millions and offers our employees opportunities to grow in a culture that embraces diversity, innovation, and high performance.

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