Valuation & Modelling Senior Associate - Infrastructure & Private Markets

PwCLuxembourg is hiring aSenior Associate – Infrastructure & Private Markets Valuation & Modelling (m/f/d). What if itwasyou? 

Your mission:A career in ourValuation & Modelling Servicespractice will provide you with the opportunity to work at the forefront of valuation, financial modelling, and investment analysis across private markets.

As part of the largest and most qualified dedicated valuationand modellingteam in Luxembourg, you will advise leading alternative investment managers, institutional investors, infrastructure funds, private equity sponsors, family offices, sovereign wealth funds, and multinational corporations on complex valuation and modelling matters throughout the investment lifecycle.

Recognised as a centre of excellence for portfolio valuation, our team delivers independent valuationsand reviewsof investment portfolios, businesses, complex securities, financial instruments, and intangible assetsforfinancial and investor reporting, regulatory compliance, governance, and strategic decision-making.

Our team also works closely with PwC Luxembourg's market-leading Assurance practice, supporting a broad range of valuation matters across audit engagements. This provides our professionals with unique exposure to valuation challenges across multiple asset classes, investment structures, and industries, while helpingmaintainthe highest standards of quality, consistency, and professional rigour.

Our professionals come from diverse backgrounds, including leading asset managers, infrastructure investors, private equity firms, valuation boutiques, advisory practices, and audit firms. Together, we combine deep technicalexpertisewith practical investment experience to help clients navigate increasingly sophisticated valuation challenges across infrastructure, private equity, venture capital, private debt, real estate, and other alternative asset classes.

Our multidisciplinary experience allows us to engage confidently with investment professionals, valuation committees, risk teams, boards of directors, external auditors, regulators, and other stakeholders to deliver robust, independent, and insightful analyses that support informed decision-making.

Be a part of our team where you will:

• Carry out various assignments for valuation and modelling across different industries and situations, including portfolio valuations, business valuations, intangible valuations, complex securities valuation, and ad hoc modelling engagements; 
• Prepare detailed financial modelling, business plans, financialanalysisand the application of a variety of valuation methodologies; 
• Assess reasonableness of valuations and financial models prepared by others; 
• Assistclients with their understanding of complex financial structures; 
• Applygenerally acceptedvaluation principles, methodologies, and techniques in support of IPEV, IFRS, US GAAP and Lux GAAP; 
• Perform valuation analyses of financial instruments, structured products, and complex capital structures;
• Develop independent financial models using income, market, and option-based approaches;
• Analyse complex situations and formulate practical, value-added recommendations; 
• Leverage multiple data sources and stakeholder perspectives to develop robust conclusions; 
• Use data and insights to support investment, governance, and reporting decisions; 
• Develop a point of view on key market developments and emerging valuation trends; 
• Manage multiple stakeholder perspectives and build consensus around complex issues; 
• Communicate technical concepts in a clear and concise manner; 
• Produce outstanding deliverables for clients across the privatemarketsecosystem; 
• Continuously develop new skills and deepen your valuation, modelling, and investmentexpertise.

Let'stalk about you. If you...

• Hold amaster’s degree inFinance, Economics, Accounting, or a related field;
• Possessstrong communicationand interpersonal skills, with excellent command of English — German and French are strong assets, and any other European language is considered valuable;
• Have 2–5years of professional experience in Valuation and Modelling, ideally gained within the valuation or modelling advisory team of a Big Four firm, a professional services firm (e.g., Mazars, BDO, Grant Thornton), or a specialist advisory firm (e.g., BHB Partners, Stout, VRC, Houlihan Lokey, Alvarez & Marsal, Accuracy, Eight Advisory);
• Have exposure to private capital alternative investments (e.g., private equity, infrastructure, venture capital, private debt);
• Experience in infrastructure and project finance valuation, financial modelling, transaction analysis, or investment appraisal would be highly valued;
• Demonstrate strong financial modelling skills in Microsoft Excel — capable of building three-way models and adhering to best practices (e.g., avoiding hard-coded figures and inefficient formulas such as VLOOKUP, INDIRECT, or nested IFs);
• Possess solid knowledge of financial statement analysis under IFRS, US GAAP, and/or Lux GAAP;
• Have experience with option pricing models (e.g., Black-Scholes, Binomial Trees, Monte Carlo) and/or Purchase Price Allocations (considered valuable);
• Can create high-quality deliverables using Microsoft PowerPoint;
• Are progressing toward a professional finance or accounting qualification (e.g., CFA, CAIA,CPV,CVA, ASA, CBV, ACCA, ACA, CPA, CA, AFM, CFM, FMVA,FRM,CQF);
• Are highly organized, adaptable, and capable of managing multiple priorities simultaneously;
• Demonstratea strong teamattitude, a willingness to support others, shareexpertise, and contribute positively to a collaborative, high-performing culture;
• Demonstrate strong attention to detail and a healthy level of professional skepticism;
• Are proactive, intellectually curious, and committed to continuous learning;
• Bring positive energy, humility, and a good sense of humor to the team.

…You are the candidate we are looking for!