Senior Fund Accountant

Senior Manager / Senior Team Lead – Fund Accounting (PERES)

Location: Luxembourg, Belval, fully onsite

Department: Private Equity & Real Estate Solutions (PERES)

Team: Hybrid (supports structures combining UCITS-like features with alternative fund characteristics)

Role Overview

We are seeking a highly skilled, hands-on Senior Manager / Senior Team Lead in Fund Accounting to join our PERES department. This role combines deep technical fund accounting expertise, strong client oversight, and the ability to lead, mentor, and support operational teams while maintaining high-quality outputs and robust controls.

This is not a pure people-management position: the ideal candidate is a leader who remains close to day-to-day operations, actively contributes when needed, and can confidently handle complex fund accounting topics, escalations, and client demands.

Key Responsibilities

1. Operational & Technical Leadership

• Lead and oversee complex fund accounting topics, including technical decision-making and troubleshooting.
• Ensure accurate and timely fund accounting deliverables, including NAV calculations across multiple share classes.
• Perform detailed reviews of accounting files and NAV calculations (incl. complex calculations such as performance fees, management fees, waterfall models, etc.) prior to delivery.
• Ensure strict adherence to internal processes, risk controls, and contractual frameworks.
• Manage task allocation, prioritise workloads, and ensure deadlines are met in a fast-paced environment.
• Monitor operational KPIs and drive continuous improvement initiatives.
• Support and contribute to operational enhancements, innovation, and transformation/efficiency projects.
• Communicate process/procedure updates and ensure adoption across teams.

2. Client Relationship & Escalation Management

• Act as a primary escalation point for clients, intermediaries, and internal stakeholders.
• Participate in and lead client calls when necessary, ensuring clear communication and strong follow-up.
• Manage urgent client requirements and maintain a high standard of professionalism.
• Build trust-based client relationships and proactively anticipate client needs.
• Ensure a high level of client satisfaction through strong ownership and delivery excellence.

3. Team Leadership, Support & Coaching

• Lead and mentor a team of 10+ fund accountants, ensuring strong structure, motivation, and engagement.
• Work closely with operational teams daily, providing hands-on support and guidance.
• Support junior staff development through active coaching, technical training, and review sessions.
• Foster a collaborative environment and encourage continuous improvement and accountability.
• Provide direct support when challenges arise, including assisting in production when required.

Required Skills & Competencies

Technical Expertise

• Full mastery of NAV calculation processes, including:
• Investor-side (liability) operations
• Depositary-side (asset) operations
• NAV per share calculations across multiple share classes
• Standard and bespoke management fee models, variable fee calculations
• Standard and non-standard waterfall models
• Strong understanding of alternative investment structures and accounting implications.
• Ability to interpret and analyze legal documentation related to fund structures.
• Strong knowledge of IFRS and Lux GAAP.
• Experience across asset classes including:
• Private equity and real estate
• Securities and bonds
• Infrastructure and alternative structures
• Exposure to liquid/public investments is a plus
• High analytical skills, attention to detail, and numerical precision.

Tools

• Strong command of Microsoft Office, especially Excel.
• Knowledge of GP3/GPC (NeoXam) and strong proficiency in accounting tools/systems.

Soft Skills

• Highly organised, rigorous, and detail-oriented.
• Strong autonomy combined with strong team leadership and collaboration.
• Excellent communication and interpersonal skills with clients and internal stakeholders.
• Calm under pressure; able to manage priorities flexibly in fast-changing environments.
• Strong initiative, accountability, and problem-solving ability.
• Hands-on leadership mindset (willing to support operationally, including with junior teams).

Experience & Qualifications

• Minimum 10 years’ experience in fund accounting, with strong exposure to alternative fund structures.
• Proven experience leading and mentoring teams of 10+ people.
• Demonstrated ability to manage technical complexity and client expectations.

Languages

English required.