Senior Fund Financial Controller (m/f)
Employee | Accounting / Finance | Manager/Expert | 2020-09-15 | 059802
Senior FundFinancial Controller (m/f)
INGSolutions Investment Management (ISIM) is looking for a Sr. Fund Financial Controller tosupport the current and planned developments of its activities in Luxembourg.
Your working environment
ISIM is a subsidiary of ING Luxembourg. ISIM benefitsfrom the status of a “Super ManCo” as it has the licenses to manage both UCITSand Alternative Investment Fund (AIF).
ISIM oversees Investment Funds distributed by ING groupentities.
Launched in 2014, ISIM is pursuing its development andits positioning as the Management Company (‘ManCo’) of ING Group and is the key tool forInvestment Fund solutions within the Group.
ISIM is looking for a Sr. Fund Financial Controller toreinforce its team in the context of the development of its activity.
AsSr. Fund Financial Controller, you will oversee in collaboration with theexisting Sr Financial Controller thefinancial flows of the ManCo and the expenses of the funds under management.More specifically, you will perform the following controls:
Fee and expense control
Review/recalculate all ManCo andfund fees
Review other expenses of theManCo and funds under management
Review of the calculation ofongoing charges
Investigate any exception and/orunusual items related to fees and expenses
Optimize and/or advice on the feeframework
Analyse any discrepancies andobtain explanation from the service providers
Verify invoices with the relevantdepartment
Prepare and/or submit payment ofrelevant fees and invoices
Review the accounting of theManCo
Ensure proper financial consolidationof the ManCo within Group figures
Book transaction in the ManCoaccounting system
Review financial reports of theManCo and funds as needed
Prepare budget control report ofthe ManCo
Prepare and upload schedules forconsolidation purposes
Respond to queries from the groupregarding uploaded figures
You will also participate to the review of theaccounting policies and procedures and will be requested to perform gap analysiswith the Group policies and standards.
Given the size of the team, the Sr. FundFinancial Controller will also have to ensure support/backupwith regard to administrative tasks of the ManCo whenever needed.
Knowledge and experience
Master in economics/finance orequivalent
Practical experience of minimum 3years in the fund industry (e.g. in relation with fund administration,depositary bank or audit of funds)
Strong analytical skills
Risk based oriented
Very good knowledge of:
fundaccounting mechanisms and NAV calculation
General knowledge of:
regulatoryrequirements and funds’ organization applicable to both UCITS and AIF
financialmarkets and products
Excel proficiency and at easewith numbers
Flexible and eager to learn
Rigorous and critical scepticism
Sense of responsibility andautonomy
Team player with goodcommunication skills (both oral and written)
Fluency in French and English,knowledge of other languages such as Eastern European language(s) and/or Spanishconsidered as a strong asset.
This position is a great opportunity to:
Develop andbenefit from training on-the-job thanks to an expert team
Join the Management Company ofone of the leading banks in Luxembourg within an international environment
Have a contributing role in thedevelopment of the structure, allowing for a spirit of initiative
Work in a convivial and dynamicenvironment of a human-size company but integrated within a large group
Benefit from a wide range oftasks and some autonomy, including multiple contacts with internal and externalrepresentatives