Associate, Fund Finance Oversight

About the role

Blackstone Europe Fund Management S.à r.l. (BEFM), a Luxembourg-based fund manager authorised by the CSSF to manage UCITS and alternative investment funds, is looking for an Associate for its Fund Finance Oversight (FFO) team. The FFO team ensures that the financial reporting requirements of the funds are met, including corporate, statutory, regulatory and tax reporting, and reviews the net asset value (NAV) of the funds and oversees fund administrators and other finance service providers. The role sits in the Luxembourg Finance team and works closely with Finance teams globally.

Key responsibilities

• Fund administration oversight: support onboarding of a new fund administrator, prepare periodic due diligence on the administrator, review and challenge key performance indicators, coordinate with the Group on operational issues and regulatory requirements, and assign and review tasks given to offshore consultants.
• Financial reporting and NAV review: assess controls around NAV production and investor reporting at fund onboarding, review the NAV of BEFM funds, document analysis results at NAV frequency, update the database with key financial indicators per fund, and handle regulatory and tax reporting.
• Governance and reporting: prepare management information for senior management and governing bodies, and propose improvements to NAV processes, procedures and the use of offshore resources and technology.
• Other general administrative tasks.

Required profile

• Master's degree in Finance, Economics, Accounting or a similar discipline.
• 4-6 years of relevant financial services experience, including a prior role in a Big 4 or similar firm, with a good understanding of alternative industry operations.
• Knowledge of local regulatory requirements relating to AIFMs and Luxembourg vehicles.
• Fluent in English, written and spoken.

Required skills

• Strong technical accounting skills; experience in due diligence of a fund administrator or AIFM is an asset.
• Proficiency in MS Excel and MS PowerPoint.
• Analytical skills, attention to detail, strong communication skills, and a collaborative, proactive approach.