REAL ESTATE FUND CONTROLLING MANAGER (M/F)
THE JOB:
As a Manager within the Fund Operations team you will assume full responsibility of managing the entire financial reporting and cash management of several Real Estate structures (Fund(s) and/or SPVs) being a key finance contact for the Portfolio and Asset Management teams and other internal and external key stakeholders. The Manager reports to a Director in the team or directly to the team head 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 of funds and/or SPVs produced by third parties under IFRS or Local GAAP (incl. consolidated reporting) for 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
Fund and/or SPV 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
- 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)
- Ensuring direct and indirect tax filings and tax obligations including FATCA/CRS are managed and reviewing returns from an operational perspective (e.g. consistency of data to source)
- Considering the adequacy of transfer pricing documentation and substance requirements
Collaboration and 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
THE CANDIDATE PROFILE:
- 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 accounting function (with an audit background followed by an asset management experience preferred)
- Clear and strong verbal and written communication skills are essential
- Fluency in English is mandatory, other European languages will be a plus
- Good Excel skills and competence with other Microsoft Office applications
- Good commercial and negotiation skills / ability to impart know how and encourage others to find solutions on their own
- Expertise and technical knowledge of IFRS and Lux GAAP accounting (other European GAAP knowledge will be a plus)
- Ability to work in a fast-paced environment, with flexibility to adapt
- Proactive hands on mentality / can-do attitude / inquisitive and self-motivated
- Strong decision making skills and accuracy where needed and ability to prioritise and put tasks, duties and challenges into the big picture
- Highly organized, self-motivated with excellent personal time management and communication skills
- Integrity and reliability, with a commitment to Diversity & Inclusion
- Ability to anticipate and solve complex challenges or obstacles relevant to the role
- Good interpersonal skills, team player, capability to interface professionally with various internal and external
THE CLIENT:
Our client is one of the largest Real Estate Asset managers.
Your application will be treated with the utmost discretion. We are dedicated to safeguarding your privacy and handling your data with the highest level of confidentiality. Before applying for any of our positions, please take a moment to review our Privacy Policy.
As an equal opportunity employer, we value diversity and encourage applications from individuals of all backgrounds. However, candidates must have a valid Luxembourg work permit. As a service provider representing our clients, we are required to present only candidates with valid work permits; if you do not meet this criterion, we cannot consider your application.
If you are fortunate enough to secure this position, you will need to provide supporting documents, including copies of your diplomas, proof of prior employment, and a standard criminal record check at the final stages of the recruitment process.
