Finance Jobs In Luxembourg 2024 – Apply Now

The Assistant Finance Manager is primarily responsible for assisting with the financial administration of certain real estate assets and investment holding companies owned by the Neptune Fund. The position will be based in Luxembourg and will require, among other things, interaction with third-party property accountants, internal and external administration resources, and global investors to ensure timely and accurate compliance with deadlines for monthly financial reporting, statutory reporting, tax, VAT, and other regulatory filing requirements. Additionally, they may assist with the acquisition and sale of assets.

Details of Finance Jobs In Luxembourg

• Location: Luxembourg, Luxembourg
• Category: Finance & Accounting
• Company: Nuveen

There may be some travel requirements, primarily between London, Luxembourg, and Frankfurt.

Benefits of Finance Jobs In Luxembourg

• High Remuneration: The most apparent advantage of jobs in finance is the substantial income they provide. In general, these positions come with competitive salaries, bonuses, and other financial incentives that can substantially exceed the average income in many other fields.
• Economic Stability: Finance positions frequently offer a level of financial security that can assist individuals in achieving their personal and financial objectives. This stability may include generous retirement plans, stock options, and other methods of accumulating wealth.
• Profession Advancement: The finance industry provides a distinct path to professional advancement. Over time, professionals can ascend the corporate ladder by earning promotions and assuming greater responsibilities. This can result in increased earnings and industry prestige.
• Job Protection: Numerous finance-related positions are in demand, particularly those involving risk management, investment analysis, and financial consulting. This demand can provide job security even during economic downturns.
• Global Possibilities: Finance is a global industry, and finance professionals frequently have employment opportunities in key financial centers around the globe, such as New York, London, Hong Kong, or Tokyo. This international exposure can improve career opportunities and cultural experiences.
• Intellectual Demand: Financial positions frequently require complex problem-solving and analytical reasoning. It can be intellectually stimulating for these professionals to continuously analyze data, make strategic decisions, and adapt to fluctuating market conditions.
• Diverse Professions: The finance industry encompasses numerous disciplines, such as investment banking, private equity, hedge funds, asset management, and corporate finance. This diversity enables individuals to select a career path that correlates with their passions and skills.
• Networking Possibilities: Finance professionals interact frequently with coworkers, customers, and industry leaders. Developing a robust professional network can facilitate the formation of new partnerships, opportunities, and collaborations.
• Result for the Economy: Jobs in finance that pay well typically involve administering large sums of money, making investment decisions, and shaping economic outcomes. These positions can have a substantial impact on economic growth and development.
• Education and Skill Acquisition: Numerous professions in finance necessitate advanced degrees (e.g., MBA, CFA) and ongoing education. This dedication to learning and skill development may result in personal development and career advancement.
• Advantages and Perks: Finance firms often offer attractive benefits and privileges, including health insurance, retirement plans, flexible work arrangements, and access to exclusive events or memberships.
• The prestige: Finance positions with high salaries are frequently associated with prestige and respect in society. Individuals occupying these positions may enjoy a high social standing and renown.

Duties and Responsibilities of Finance Jobs In Luxembourg

Responsibilities as Neptune’s Assistant Financial Manager:

Financial reporting

• Daily accounting for two of the Lux holding companies
• Review and analysis of financial property reports from third-party providers
• Supporting third-party service providers
• Review of transactions at the level of entity holding
• ensuring financial reports are prepared in accordance with GAAP
• Review and preparation of NAV statements and supporting calculations
• Ensuring that financial data is uploaded accurately into the required general ledger systems
• Analysis of financial reports for investors
• Responding to investor inquiries in a timely and precise manner
• As part of the larger team, play a crucial role in the annual audit (response to some audit questions, assist with audit planning).

Operations

• Interact with the appropriate internal teams regarding any banking, company secretarial, legal, treasury, or risk-related issues or initiatives.
• Interact with external service providers regarding operational matters, including the company secretary, appraisers, legal counsel, and tax advisors, among others.
• Ensure bank loan covenant compliance and review bank compliance certificates
• Prepares materials for and attends Management Company Board and Investor Advisory Committee meetings as appropriate

Cash/debt management

• Monitor bank transactions and balances, and anticipate cash flow and capital needs
• Arrange external bank loan drawdowns
• Review and preparation of loan compliance provisions
• Support treasury functions with banking relationships as well as the acquisition and re-financing of external debt

Tax

• Communicate with tax accountants and other external providers to ensure timely and accurate tax filing and payment.
• Aid in managing and reviewing annual tax compliance
• and appropriate review of tax compliance for investors
• Assist Chief Financial Officer with tax and structuring initiatives

Other

• Assist the fund manager and chief financial officer with transactions.
• Manage and guide Assistance Financial Managers as needed
• Reporting and analysis on an ad hoc basis.
• Participation in new initiatives, as appropriate, as well as the Yardi transition project.

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Technical Skills & Qualifications of Finance Jobs In Luxembourg

• A part-qualified accountant (ACCA or equivalent) with a strong academic record is preferred, but not required, for a candidate with the required skills and work experience.
• Excellent accounting expertise (IFRS, LUX GAAP)
• Capacity to comprehend monetary and structuring models
• Excel Proficiency
• Previous experience with Yardi is a plus but not required
• Both oral and written English proficiency is required. The ability to speak Spanish and/or additional European languages would be advantageous.

Competencies Required for Finance Jobs In Luxembourg

• Team player in close communication with fund management and other areas of the finance and operations team, as well as external consultants. Support the other members of the team in their relationships with numerous onshore and offshore third-party suppliers
• Effective communication and organizational abilities
• The capacity to adhere to strict deadlines
• Take the initiative to find and fix any problems, driven by results and deadlines.
• Understand and adhere to the company values of Nuveen Real Estate.

This position does not require a regulatory designation.

Nuveen is committed to providing equal opportunity across all employment practices, and we believe that our employees have the right to a diverse and welcoming workplace.

To provide equal employment opportunities for all job seekers, including those with disabilities, Nuveen offers support for those who require assistance with our online application procedure. Please contact ta@nuveenglobal.com if you have any questions.

Related Skills of Finance Jobs In Luxembourg

Accountability, Accounting Standards, Business Intelligence, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Intelligence, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, and and Storytelling.

Company Overview

TIAA’s investment management subsidiary is Nuveen. It is one of the world’s largest asset managers, with expertise in a variety of asset classes, including fixed income, listed equities, and alternatives. Nuveen is driven not only by the firm-wide independence of its investment processes but also by the insights, risk management, analytics, and other tools and resources that a genuinely world-class platform offers. As a global asset manager, our mission is to establish outcome-focused solutions in partnership with our clients to secure their financial future. For more information about the company, please visit

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Accessibility Support

To provide equal employment opportunities to all job seekers, including those with disabilities, TIAA provides support for those who require assistance with our online application procedure.

If you are a U.S. applicant seeking reasonable accommodation to complete a job application, please contact our accessibility support team using one of the following methods:

• Phone: (800) 842-2755
• Email: accessibility.support@tiaa.org

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Conclusion:

Start a satisfying job in finance with Nuveen in Luxembourg. Get competitive pay, chances to grow as a professional, and experience with global banking operations. Apply now to be a part of a lively team that is making asset management better in the future.

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