Senior Business Analyst – Private Capital / Fund Accounting

Role Overview

The Senior Business Analyst operates within the Private Capital domain, supporting transformation, regulatory, and financial reporting initiatives. The role focuses on fund accounting, end-to-end process analysis, system evolution, and business-driven change delivery in a complex, multi-location environment.

Key Responsibilities

Business Analysis & Process Documentation

• Analyse and document end-to-end Private Capital business processes, from investor registry through asset ownership, fund accounting, and regulatory reporting.
• Produce clear and structured business documentation to support solution design and implementation.
• Define and maintain “as-is” and “to-be” process models, identifying gaps, dependencies, risks, and impacts.
• Define mappings and business rules to ensure compatibility between current and target operating models and systems.

Requirements & Stakeholder Management

· Work closely with business stakeholders across multiple locations to:

• Gather, analyse, and challenge business requirements.
• Clarify scope and assumptions.
• Validate functional specifications and acceptance criteria.

· Act as a key interface between business, operations, IT, and external vendors.

Operational Efficiency & Controls

• Identify opportunities for operational improvements and control enhancements across the Private Capital business domain.
• Contribute to governance, data quality, and reporting reliability initiatives.
• Support qualitative implementation of change in line with established governance and delivery frameworks.

Testing & Delivery Support

· Assist during User Acceptance Testing (UAT) phases:

• Preparation of test scenarios, datasets, and execution plans.
• Coordination with business users.
• Defect analysis, tracking, and resolution support.

· Write and manage UAT test cases in Octane, ensuring traceability to business requirements.

Project & Vendor Coordination

• Support implementation of financial reporting and transformation projects.
• Liaise with operational teams and solution vendors.
• Perform in-depth data analysis to provide validated datasets for financial statements and regulatory reporting generation.
• Contribute to project tracking, status reporting, and documentation via collaboration platforms.

Tools & Environment

• Microsoft Office
• Confluence / Unity
• Jira
• Octane
• eFront
• Collaboration tools (Teams, Outlook)

Required Profile

Experience & Skills

• Senior-level Business Analyst experience within Private Capital / Alternative Investments.
• Strong knowledge of Fund Accounting and financial statement production.
• Understanding of multiple GAAP frameworks.
• Proven ability to document complex business processes and data flows.
• Strong analytical, problem-solving, and stakeholder management skills.
• Experience working in multi-location and international environments.

Technical & Functional Assets

· Experience with eFront and/or similar Private Capital platforms.

· Strong data analysis capabilities.

· Hands-on experience with UAT execution and test case management, preferably using Octane.

Language

• Fluent English (working language).

About us

Founded by former EY partners in 2002, IQ Solutions is a leading Luxembourg consultancy with 20 years' experience providing expert solutions to European clients and our global team seamlessly integrates into client work environments. We are an equal opportunity employer as we aim celebrating diversity and are committed to creating an inclusive environment for all employees.

What We Offer

1. A dynamic and collaborative work environment,
2. Opportunities for professional growth and development,
3. Competitive compensation and benefits package,
4. The chance to make a significant impact in a leading organization and to become one of our ambassadors.

Contribute to our successful Team

If you are passionate about fund accounting and are ready to take your career to the next level, we invite you to apply or contact us at hr.talents@iqs.lu. Your application will remain confidential.

GDPR

IQS will collect all personal data from candidates as part of the recruitment process.

The personal data will be processed in compliance with the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679), (Enforcement date: 25 May 2018). We will process the data with the candidates consent or on the basis of the employment contract. The personal data will only be processed based on one of the possible legal basis (as per Art. 6 of the GDPR). Personal data will not be retained for more than required by the GDPR or by applicable Luxembourg laws.