Job Title: Assistant Manager
Service Line: Client Services - Accounting
Location: Luxembourg
About Palmer
Palmer is built to set the standard for private capital administration.
We were designed from the ground up for complex private capital structures, without the constraints of legacy systems or processes. Our approach combines experienced professionals, a purpose-built operating model and carefully applied technology to deliver consistent, high-quality outcomes for our clients.
Our focus is simple: clarity, precision and service that works the way it should. We build long-term relationships by being responsive, thoughtful and reliable in how we deliver.
As we continue to grow, we are investing in our platform, our people and the way we operate, creating an environment where individuals can take ownership and contribute to a business that is designed to do things better.
Opportunity at Palmer
Joining Palmer means becoming part of a dynamic and growing team of professionals who are redefining fund services.
As an Assistant Manager you will be part of the Client Accounting team and will be responsible for overseeing relevant client accounting operational processes ensuring the highest standards of delivery.
We offer:
A collaborative and inclusive work environment
Exposure to international fund structures and multiple international jurisdictions
Opportunity to join a growing team offering excellent growth and career development prospects
Access to modern technology and systems to support efficient and high-quality service delivery
Role and responsibilities (include but are not limited to):
Accounting & Financial Reporting
Prepare and review daily bookkeeping and accounting activities to ensure accuracy and completeness
Prepare and review Net Asset Value (NAV) calculations in accordance with Lux GAAP and IFRS
Prepare, review, and reconcile financial statements under Lux GAAP and IFRS
Maintain accurate accounting records and supporting documentation in line with internal policies and regulatory standards
Ensure timely, accurate, and compliant delivery of all client accounting outputs
Regulatory & Compliance
Prepare and review tax, VAT filings and other regulatory submissions
Stay up to date with Luxembourg accounting, tax, and regulatory developments, assisting with implementation of regulatory changes
Assist in monitoring compliance with internal controls, procedures, and service-level standards
Audit & External Stakeholders
Prepare audit support files and documentation for interim and annual audits
Liaise with external auditors under senior guidance to resolve audit queries and provide required information
Client Service & Stakeholder Management
Act as a key point of contact for client queries, responding effectively and escalating where appropriate
Maintain client dashboards, trackers, and timelines to monitor deliverables and service quality
Ensure proactive communication regarding deadlines, issues, and deliverables
Operations, Systems & Process Improvement
Collaborate with the Admin team members to ensure Palmer's smooth operations
Test new system features and provide structured feedback to support system enhancements
Lead or support technology integration initiatives aimed at improving efficiency and client service delivery
Teamwork & Professional Standards
Work closely with Palmer’s senior management, as well as cross-functional teams, to ensure smooth operations
Uphold a collaborative, professional, and client-focused team culture
Support knowledge sharing, mentoring of junior team members, and continuous improvement initiatives
Qualifications/Experience:
Bachelor or Master degree in either Finance, Economics or related field, ACCA, ACA or equivalent
4–6 years’ experience in Luxembourg fund accounting or professional services
Strong knowledge of Lux GAAP, IFRS, VAT, and NAV calculations
Experience in private capital and alternative assets
Skills & Competencies:
Strong communication and interpersonal skills
High attention to detail and accuracy, a proactive attitude, and the ability to work independently.
Strong analytical and numerical skills
Proficiency in Excel and use of accounting software (SaaS based)
A growth mindset, especially around data management, AI tools, automation and basic programming concepts, with curiosity to learn and apply new technologies in your daily work
Willingness to learn and grow in a fast-paced, client-focused environment
Ability to work collaboratively in a team environment, build strong working relationships, share knowledge and contribute to a cooperative and high-performing team environment
Languages:
Full fluency in English (spoken and written), French and/or German is considered an asset