Senior Associate- Consolidation

Location: Luxembourg District, Luxembourg
Salary: competitive
Job Type: Permanent
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A long-standing client of Huxley Luxembourg, an affiliate of an international and well-known alternative investment firm, is looking to expand one of its teams. They value finding the right people who are ready to learn, lead, and achieve great things together and value the diversity of their staff. They provide Corporate Services to multiple real estate portfolio companies in sectors such as Mult-family, Office, Hospitality, Industrial, and Retail.

Senior Associate- Consolidation


Permanent Contract

In this role, you will set up and prepare the first day consolidation for Real Estate Group Structures under Lux GAAP and IFRS and support the finance team. You will report to a (S)VP of Finance.

Your tasks:

  • Assist with the implementation of the consolidation tool for the group structure;
  • Set up the group/deal structure in the consolidation system and prepare the 1st consolidation of the financial data;
  • Prepare the consolidated reporting package and consolidated financial statements (incl. Cash Flow Statement);
  • Support the Finance teams for subsequent consolidations;
  • Assist with the preparation of the consolidation instructions to the local teams;
  • Coordinate data collections for the entities within the structure and mapping;
  • Support with the review of the GAAP conversion of the accounts;
  • Manage the intercompany reconciliation process for the group structure;
  • Liaise with 3rd party administrators and finance teams across Europe and support them, also during the audit process;
  • Test and implement all relevant policies and procedures into the tool;
  • Enhance the Group's accounting and reporting guidelines and processes;
  • Conduct consolidation training sessions for internal staff;
  • Supervise Junior members when required;
  • Assist with continuous improvement initiatives;
  • Assist with ad-hoc business projects, as necessary.

What You Bring To The Role

  • University degree in Finance and Accounting (or similar);
  • ACCA or any similar certification is an asset;
  • 5+ years of experience in a similar position within the Real Estate industry (consolidation environment or external audit);
  • Knowledge and Practice in LUX GAAP and IFRS, any other local GAAP would be an advantage;
  • Proficient user of MS Office, Yardi and Sigma Conso knowledge will be an asset;
  • Highly organized, strong interpersonal skills and self-motivated;
  • Detail oriented and fast learner;
  • Strong verbal and written communication skills;
  • Ability to work in a fast-paced environment;
  • Hands on mentality;
  • Ability to work independently, yet be a very good and cooperative team player;
  • Ready to take initiatives;
  • Able to multitask on a daily basis.

Sthree Luxembourg is acting as an Employment Agency in relation to this vacancy.

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