Senior Fund Controller F/M - Debt

Our client is a well-established international Asset Management firm located in the heart of Kirchberg, Luxembourg.
As part of its continued growth, the company is looking for an experienced Senior Fund Controller to join its Luxembourg team, reporting directly to the Head of Fund Accounting.
This position offers the opportunity to take ownership of a portfolio of Private Debt funds, oversee external service providers and contribute to improving fund operations and internal processes.

Key Responsibilities

• Fund Oversight: Manage the financial and operational aspects of Private Debt funds, ensuring compliance with fund documentation, LPAs and applicable regulations.
• Financial Reporting & NAV: Review quarterly NAV calculations, financial statements, capital account statements and reporting packages prepared by external administrators.
• Performance Calculations: Review fund performance metrics, including IRR, carried interest, waterfalls and performance fee calculations.
• Cash Management: Monitor fund liquidity, cash flow forecasts, capital calls, distributions and credit facilities to ensure efficient cash management.
• Fund Operations: Oversee equalisation, rebalancing, hedging transactions, excluded investors and specific fund arrangements.
• Capital Calls & Distributions: Coordinate and review capital call and distribution notices across multiple entities and currencies.
• Service Provider Management: Act as the main point of contact for external fund administrators, auditors and tax advisors.
• Audit & Compliance: Coordinate annual audits, review financial documentation and oversee relevant tax reporting, including Luxembourg and US K-1 requirements.
• Investor Reporting: Support investor requests and ensure accurate and timely financial information.
• Fund Structuring: Participate in new fund launches, including the review of LPAs and other relevant legal documentation.
• Process Improvement: Identify opportunities to automate reporting, streamline operations and improve internal controls, including participation in ongoing data migration projects.

 
Your Profile

• Minimum 6 years of experience in Luxembourg within fund administration or fund accounting, specifically covering Private Debt or Real Estate funds.
• Strong technical knowledge of alternative investment fund structures, including LPAs, NAV calculations, waterfalls, carried interest, equalisation and capital account statements.
• Recognised accounting qualification such as ACCA, ACA or equivalent.
• Solid understanding of fund accounting, financial reporting, cash management and fund operations.
• Experience managing external service providers and coordinating audit processes.
• Strong analytical skills, with the ability to understand the overall fund structure and its financial implications.
• Proven experience improving financial processes, implementing automation and driving operational efficiencies.
• Autonomous, proactive and comfortable taking ownership of responsibilities in an international environment.
• Fluent English is required.

My client is not considering candidates from an audit background for this position.

What Our Client Offers

• International Exposure: Join a growing Luxembourg-based team within an established international Asset Management group affiliated with a leading American brand.
• Collaborative Environment: Work in a human-sized organisation with direct exposure to senior management and key stakeholders.
• Career Development: Take on broad responsibilities, contribute to fund launches and develop your expertise within a growing platform.
• Impact & Recognition: Play an active role in improving fund operations, developing internal processes and supporting the team's continued growth.
• Attractive Compensation: Benefit from a competitive salary package aligned with your experience and qualifications.

 
Interested?
If you are looking for a new challenge within a growing international Asset Management firm, we would be pleased to hear from you.
 
Please submit your application, which will be handled with the utmost confidentiality by Héloïse Buring.
Applicants must have the legal right to work in Luxembourg, either through EU citizenship or a valid work authorisation.