( Paris, Hybrid )
A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!
If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.
At PGIM, You Can!
WHAT YOU WILL DO
We are looking for an astute, determined professional who is ready to showcase their success through collaboration, ownership and innovation. Your expertise in emerging trends and practices will evoke stimulating discussions around optimization and change to help keep our competitive edge. This rewarding opportunity will enable you to make a big impact in our organization, so if this sounds exciting, then PGIM might be the place
WHAT YOU CAN EXPECT
As a Senior Associate within the Fund Operations team you will assume responsibility for the effective operation of owning/financing vehicles (“SPVs”) established in Europe and in particular in France and Luxembourg. You will be a key finance contact for the Portfolio and Asset Management teams and other internal and external key stakeholders. The Senior Associate reports to a Director in Luxembourg and responsibilities include:
Control of external service providers
You will monitor, guide and control external service provider(s) in compliance with a vendor governance program. While the preparation of many of the below mentioned deliverables is outsourced to a great extent, responsibility for accurate and timely completion is retained
Financial and regulatory reporting
Ensuring timely and accurate production of quarterly and annual financial reports produced by third parties under IFRS or Local GAAP (incl. consolidated reporting at a subsidiary level) for SPVs owned/controlled by both open-end and/or closed-end fund structures and segregated mandates
Preparation and/or review and approval of distribution forecasts and variance reports
Co-ordination and preparation of financial audits in conjunction with third parties
Preparation of Internal reporting (e.g. related to fund financials), review and approval of regulatory reporting and any investor specific requirements
Cash management
Approval of invoices and authorization of payments
Transactional support in relation to acquisitions, dispositions and (re)financings especially with regards to operational aspects, deal structure setup and tax matters
Investment lifecycle support in relation to the establishment and liquidation of SPVs
Reviewing of financial/tax due diligence reports
Calculation and/or review of purchase price considerations based on deal transaction documents
Tax compliance and structuring (in collaboration with the fund tax function)
Overseeing that direct and indirect tax filings and tax obligations are managed
Reviewing tax returns from an operational perspective (e.g. consistency of data to source)
Considering the adequacy of transfer pricing documentation and substance requirements
Collaboration & Support
Respond to ad hoc enquiries from internal and external stakeholders including investors
Adherence to and proactive engagement with the continuous improvement and development of efficient and effective controls and processes
WHAT YOU WILL BRING
Strong academic background: relevant degree level required, professional qualification in accounting is an advantage (e.g. ACCA or similar relevant qualification)
At least 6 years of real estate experience in controlling or…