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  • Financial Controller - Real Estate / Property / REIT / PLC

  • Location: London, City of London
  • Salary: £70000 - £90000 per annum + bonus + pension
  • Job type: Permanent
  • Ref: SUB 162834
  • Recruiter: Sunil Basra
VCard

This role offers an unrivalled career opportunity to take ownership of a REIT actively investing. Excellent communication and presentation skills as essential as you will be managing stakeholders on all questions related to the REIT and presenting to the board. Also, you will have significant involvement in the establishment of future product development and also plenty of deals to sink your teeth in to.

Key areas of the financial control including: internal & external reporting, REIT compliance, tax (including VAT) compliance, and supporting transactions.

You will be involved in a number of key areas including:

Financial Reporting

  • Quarterly - Review of quarterly reporting packs prepared by the property managers, and investigate any unusual items vs budget
  • Quarterly - Review quarterly management accounts prepared by the fund administrators/accountants
  • Quarterly - Prepare draft of the Board pack to be presented at each quarterly Board meeting
  • Annual budget - co-ordinate the property level annual budgeting process and prepare an overhead budget
  • Annual audit - oversight of the annual audit process for the Group
  • Annual/Interim report - work with service providers to deliver a first-class Annual/Interim report within the required timeframes (under IFRS)
  • Liaise with auditors, fund administrators and property managers on any accounting issues/policies/transactional aspects

Treasury and debt management tasks

  • Management of Group's cash position and third-party debt arrangements
  • Responsible for the financial aspects of third party lender reporting and prepare information for the debt covenant/compliance process.

Tax Compliance

  • Annual tax compliance - oversee the corporate/REIT tax compliance process with third parties

Other

  • Input in financial and tax-related matters on transactions (with support as necessary)
  • Work with the third party administrators to continuously improve the processes and controls around all aspects of financial control
  • Assist with inputs to the AIF and AIFMD FCA compliance returns
  • Liaise with the depository on a quarterly basis and provide/coordinate information required
  • Oversee the preparation of monthly management accounts (and consolidation) for the group

This role will appeal to finance professionals coming from a proven background in real estate overseeing third-party administrators from an asset manager environment. This role acts as the conduit between the entire business internally and works closely with the outsourced service providers for middle office, investment/fund accounting and custody services making this role extremely varied.

For further information contact Marks Sattin or for immediate consideration please apply now.

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