FINANCE AND CREDIT MANAGER (M/F)

FINANCE AND CREDIT MANAGER (M/F)
 

Our client, a deeply established venture capital firm in Europe, is seeking a Finance Manager Credit for a newly created role to support its Venture Credit platform. Reporting to the CFO, this person will oversee the outsourced fund & loan administration and accounting attached to the Venture Credit strategy. The position is based in Luxembourg.

THE ROLE:

Fund valuation and reporting

• Provide guidance and direction to the fund & loan administrator (external provider)
• Produce monthly and quarterly funds valuation, based on the information provided by the fund administrator & accountant including relevant supporting documentation/ ensure applicable ratios/covenants are monitored
• Compile, analyze and prepare funds financial data and reporting
• Ensure a close collaboration with the Portfolio Managers and Investment Advisors
   

  Financial statements

• Oversee quarterly close process review and approve quarterly financial statements of the entities under his/her supervision (including a reconciliation of stocks)
• Review semi-annual & annual financial statements, liaise, and facilitate the annual audits with the external auditor and provide information for tax preparation annually
   

  Day to day management

• Monitor the fund's liquidity including preparing borrowing requests and processing paydowns on the credit facility
• Ensure that cash management of the fund is properly managed and that FX risks are hedged in accordance with the Group internal procedures.
• Review and complete management fee, other invoices and carried interest waterfall calculations with the fund administrator
• Review & control investor capital calls and distributions notices prepared by the fund administrator
• Ensure that the originator investments and divestments (in debt, equity or equity-like instruments) have been duly validated before sending instructions to the fund & loan administrator and depositary.
• Ensure consistency between the fund administrator and the depositary on all payments
• Process and manage the reconciliation of invoices
• Manage bad debts collection files
• Assist with corporate and regulatory reporting.
• Check the appropriate expense allocations and budgets between the legal entities under his/her supervision
• Support the implementation of new tools and solutions to improve productivity
   

  This list is not exhaustive and could be amended depending on the candidate' skills.

  THE CANDIDATE PROFILE:

• 7 to 10 years' experience with a first experience in a PE fund and ideally 5 years in credit fund accounting
• Good knowledge of IPEV valuation guidelines
• Trusted advisor
• Ability to work efficiently and calmly under pressure
• Ability to prioritize and manage tight deadlines
• Excellent relationships skills
• Team spirit
• Ability to work autonomously while making regular reporting
• Fluency in French and English
   

  THE CLIENT:
  Our client is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability.
  
  At the final stages of the recruitment process, the successful candidate can be asked to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.