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Full-time
professional certificate
Posted 11d ago
~40 hrs/week
Responsibilities
The associate will oversee accounting and investor reporting for a portfolio of direct lending credit funds while supporting fund governance and tax compliance. They will also manage cash flows, coordinate year-end audits, and assist with deal execution and fund-related transactions.
Requirements
Candidates must have a strong academic background with a recognized accounting qualification and 5 to 8 years of experience in private equity or credit. Proficiency in Excel and strong organizational and analytical skills are essential for this role.
Full job description
About Permira
Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of approximately €89bn. The Permira private equity funds make both buyout and growth equity investments in four key sectors: Technology, Consumer, Healthcare and Services. The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities and CLO Management. Established in 2007, the firm advises investment funds and products which have provided approximately €25 billion of debt capital to over 300 businesses.
Permira Credit is seeking a qualified accountant to join its Luxembourg finance team, taking ownership of accounting and investor reporting across our private credit fund structures. A permanent role supporting the continued growth of the business.
Key Responsibilities:
Oversee a portfolio of direct lending Credit Funds, including review of accounting records, annual accounts, capital account statements and investor reports
Support the boards of directors of the credit funds and SPVs on corporate, legal and tax matters related to fund governance
Maintain and oversee corporate records and statutory files for credit funds and SPVs
Coordinate and oversee the year-end audit
Manage cash flows, including the initiation and oversight of distributions, capital calls and related activity
Supervise deal execution
Review foreign tax reporting and oversee the annual Luxembourg tax compliance process, as well as ad-hoc tax-related requests
Support the implementation of the funds' hedging strategy
Assist with specific transactions and restructurings by liaising with administrators, tax and legal advisors
Support the Capital Formation team with fund finance-related cyclical and ad-hoc queries
Contribute to ad-hoc projects, including process automation and data strategy
Essential Skills and Characteristics
Strong academic background, ideally with successful completion of an accounting qualification through a recognised institute (ICAS, ICAEW, ACCA, etc.)
Between 5 and 8 years of experience in private equity, private credit or the broader asset management sector
Fluent and able to work in English
Proficiency in Excel; experience using WSO or similar systems is advantageous
Excellent organisational skills, with the ability to manage multiple tasks simultaneously across a variety of products and workstreams
Highly personable, with the ability to influence and build relationships at all levels
Excellent team-working skills; the role involves extensive interaction with both operational and investment professionals globally
Strong analytical skills and highly numerate
Attention to detail and the ability to interpret and explain data
An interest in the dynamics of alternative asset management, complemented by a broad understanding of capital markets and investment concepts
Comfortable working within an international environment involving cross-office collaboration
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Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds across two core asset classes, private equity and credit, with total committed capital of over €90bn+.
The Permira private equity funds make both long-term Buyout and Growth Equity investments in four key sectors: Technology, Consumer, Healthcare and Services.
The Permira credit funds support businesses with flexible financing solutions across Direct Lending, Strategic Opportunities, CLO Management and Structured Credit. Established in 2007, the firm advises investment funds and products which have provided over €24 billion of debt capital to over 300 businesses.
Permira employs over 500 people in 15 offices across Europe, the United States, the Middle East and Asia.
Offices: 80 Pall Mall, London, SW1Y 5ES, GB · Bockenheimer Landstrasse 33, Frankfurt am Main, 60325, DE · Palazzo Spinola, Via San Paolo, 10, Milan, 20121, IT · 320 Park Avenue, 28th Floor, New York, 10022, US · Room 2804, 28/F One Exchange Square, 8 Connaught Place, Central Hong Kong, HK
How many Finance & Accounting jobs are open in Luxembourg, Luxembourg right now?
There are currently 445 open finance & accounting positions in Luxembourg, Luxembourg listed on Clera. New openings are added daily as companies post roles.
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