Fund Controller F/M - Private Debt Funds

 Our client, headquartered in the United Kingdom and with a growing presence in Luxembourg, is seeking a Fund Controller F/M  to strengthen their Luxembourg office.
As one of the largest asset managers in its sector by assets under management, the firm offers a dynamic, high-performing environment.

This is an opportunity to play a key role in a fast-growing team where your expertise will be valued, your impact visible, and your development supported. The company promotes a collaborative culture and organizes regular team events throughout the year.
 

Your Responsibilities

• Build a deep understanding of private debt fund structures, including Limited Partnership Agreements, waterfalls, equalizations, and bespoke terms
• Prepare and review quarterly financial reports in coordination with external administrators, including financial statements, NAV reconciliations, and capital account statements
• Calculate and assess fund performance metrics such as IRR and carried interest
• Manage fund cash flow using capital calls, RCFs, and credit facilities to maintain efficient liquidity
• Oversee the accurate handling of complex fund activities such as hedging, excluded investors, and custom reporting requirements
• Coordinate and review capital call and distribution notices across multiple feeder vehicles and currencies
• Prepare and validate equalization and rebalancing calculations
• Act as the main point of contact for fund administrators and tax advisors for allocated funds
• Support investor relations by providing accurate and timely responses to investor inquiries
• Contribute to the setup of new funds, including input into Limited Partnership Agreements and other fund documentation
• Lead audits for assigned funds and review relevant tax deliverables such as K-1s and Luxembourg returns
• Participate in ongoing improvement initiatives and ad hoc projects, including data migration and system enhancements

• Chartered Accountant qualification (e.g. ACCA) or equivalent
• Minimum 4 years of experience in fund accounting or controlling, with private debt or real estate funds experience.
• Experience in Luxembourg required
• Strong knowledge of fund operations, structures, and reporting standards
• Proven ability to think critically and manage complex processes independently
• Skilled in identifying and implementing process improvements
• Hands-on, adaptable, and motivated by working in a growing and international setup
• Fluent in English; French is a plus

• A key role in a well-established firm with strong UK roots and a growing Luxembourg office
• Opportunities for career progression in a dynamic and expanding environment
• Recognition for your contribution within a human-sized team
• A fair salary , including additional vacation days
• Regular team-building events and a supportive corporate culture

Please send your application to Héloïse Buring. All applications will be treated confidentially.

Please note: A valid EU work permit or citizenship is required for this position.