Financial Reporting, Senior Associate

Who we are looking for

As part of our business expansion in Luxembourg we are looking for an experienced Financial Reporting professional to join our AIS Financial Reporting team. This position has responsibility for the review of Annual and Semi-Annual Financial Statements as well as monthly/quarterly reports for Alternative Structures (Private equity / Real Estate / Debt funds) and Hedge funds under Lux GAAP, US GAAP and IFRS.

Under the supervision of the “Unit Head – AIS Financial Reporting”, the team member will play a key management role when ensuring that quality deliverables are sent to our clients for their Alternative Structures (Private equity / Real Estate / Debt funds) and Hedge funds under Lux GAAP, US GAAP and IFRS. The AIS Financial Reporting team leverages a delegated service model with part of the functions outsourced to our outsourcing locations (Hubs). With senior team members’ guidance, the Senior Associate will guide the Hubs according to the department and bank’s strategy.

In close relation with the other Financial Reporting Leads, the Senior Associate will ensure that the assigned client-base (incl. the related stakeholders: auditor, translator, printer, regulator, etc.) is serviced according to best practice and market standards. This includes e.g., that new demands or specific projects are adequately reflected in the overall development queue of the department.

Why this role is important to us

The team you will be joining is a part of State Street Global Services (SSGS). SSGS gives asset owners and managers access to the essential financial tools they need to deliver effective investment solutions. From core custody, accounting, fund administration and transfer agency to complete operations solutions and servicing for alternative assets like OTC derivatives, private equity and real estate, SSGS’ tools help our clients make better investment choices and act on growth opportunities.

Join us if making your mark in the financial services industry from day one is a challenge you are up for.

What you will be responsible for

• Have efficient communication with other departments (such as fund accounting, depositary and transfer agency), optimising data feeds / troubleshooting for the department.
• Oversee and perform a technical review of financial statements in accordance with relevant GAAP requirements for alternative investment structures.
• Coordinate the receipt of comments on financial statements drafts from both internal and external parties.
• Research, resolve and/or take appropriate actions to avoid recurrence of errors.
• Actively contribute to the team’s deliverables with accuracy and timeliness.
• Identify weaknesses in the workflows and come up with proposals for enhancements.
• Be part of project activities (i.e., client on-boarding, milestone planning, ad-hoc projects).
• Manage the assigned client-base relationships and ensure service excellence especially by consistently looking for improvements and alternative solutions that would enhance the existing process chain (automation, set-up, scalability, etc.).

What we value

These skills will help you succeed in this role

• Strong interpersonal and communication skills.
• Stakeholder-management skills.
• Attention to detail, reliability and responsiveness.
• Excellent organizational and time-management skills and ability to deliver under pressure.
• Analytical skills.
• Ability to guide and support junior colleagues and Hubs.
• Sense of ownership and accountability for work.
• Continuous-improvement mindset.

Education & Preferred Qualifications

• Bachelor/University degree in Accounting, Finance or a related field
• Relevant professional qualification or progress toward one is preferred, such as ACCA, ACA, CPA or equivalent.
• Min 5 years of experience in Accounting, Audit and/or Financial and Regulatory Reporting within the Funds industry.
• Experience and knowledge of Alternative Structures (Private equity / Real Estate / Debt funds) and Hedge funds and the financial reporting around these structures under Lux GAAP, US GAAP and IFRS.
• Knowledge of Regulatory Reporting applicable for the relevant funds.

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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