Valuation & Reporting Analyst

Apheon is a pan-European mid-market private equity investment company managing ~€3 billion of assets from global institutional investors and families. It is headquartered in Brussels, with offices in Luxembourg, Paris, Munich, Milan, Madrid and Amsterdam. Apheon invests in leading companies with a sustainable, competitive position in attractive niche sectors, that are headquartered in the Benelux, France, Germany, Italy, and Spain, with a constant emphasis on developing their environmental, social and governance (“ESG”) journey during its investment period. Apheon employs ~60 direct employees across 7 offices and indirect employees in excess of 20,000 in its participations. More information on Apheon’s activities, people and values can be found in the “working at Apheon” video (link).

Our Apheon Luxembourg office is currently recruiting a Valuation & Reporting Analyst to support the Conducting Officer responsible for the valuation and reporting function.

As Valuation & Reporting Analyst you are expected to join Apheon Management SA (the “Alternative Investment Fund Manager” or “AIFM”) after the 2025 summer and to actively participate to the Luxembourg activities of the AIFM.

Your responsibilities are twofold and will include:

Portfolio Valuation

You will work in close collaboration and under the supervision of the Conducting Officer in charge of valuation and reporting (the “Conducting Officer”), preparing the quarterly portfolio valuation in addition to various investment entry and exit valuation analysis. This role will be structured according to the AIFM regulatory context and the key responsibilities will include:

• Preparing quarterly fund asset valuations in accordance with the IPEV guidelines;
• Collaborating with the deal teams and the Conducting Officer to gather and analyse valuation data (i.e. market data, portfolio data, multiples, WACC, etc.);
• Monitoring, evaluating and challenging valuation assumptions;
• Proposing and developing valuation models tailored to different asset types;
• Support the Conducting Officer in coordinating and preparing the Valuation Committee meetings and minutes;
• Coordinating with the central administrator and monitoring their activities with respect to Net Asset Value (“NAV”) calculations;
• Engaging with auditors on asset valuation for the annual funds audit; and

Uphold the highest standards in the valuation process, by updating the valuation policy and ensuring compliance with regulatory requirements.

Financial Reporting

You will also support external and internal reporting for the AIFM, including:

• Coordinating and preparing quarterly reports for limited partners (LPs), co-investors, Senior Advisors and the Advisory Committee;
• Preparing quarterly market updates;
• Responding to investor information requests on an ad hoc and ongoing basis;
• Maintaining portfolio information databases to ensure accuracy and consistency in reporting streams;
• Liaising with service providers in Luxembourg and coordinating/monitoring/overseeing their work/deliverables.

We are looking for a candidate with a broad financial expertise, a strong knowledge of Private Equity valuation models and techniques. Relevant experience in the Private Equity sector and a strong understanding of the AIFM regulatory environment are highly desirable.

Besides a solid understanding of financial and regulatory matters, the successful candidate should be able to work with a lot of autonomy, have a strong analytical approach to problem-solving and solution design, have good business understanding, management and communication skills.

The successful candidate must have the following skills:

• Previous experience in valuation, covering NAV calculation, financial reporting and fund administration;
• Background in a Big 4 firm (Senior/Manager or equivalent) or in a Private Equity Firm/Alternative Investment Fund Manager (AIFM);
• Good knowledge of Private Equity valuation models and techniques;
• Strong financial modelling and analytical skills;
• Ability to manage multiple deadlines in a structured, time-pressured environment;
• Excellent planning, organization, and analytical skills, along with outstanding business judgment;
• Comfort working in multicultural, dynamic environments;
• Ability to liaise and work closely with senior management and service providers;
• University degree in Finance, complemented by a relevant professional qualification;
• Fluency in English and French, other European languages are a plus.

Interested? Please send your CV and Cover Letter to recruitment@apheon.com