This leading real estate platform is one of the world's leading pension funds and has grown to a portfolio of £7bn of assets across London, Paris and Berlin with a focus on prime offices, multifamily residential, logistics and high street retail. The London office comprises 50 employees across the investment, development, asset management, legal and finance teams and continues to grow to manage the existing portfolio and plan for further expansion

Position Summary

Senior Financial Analysts are responsible for the full cycle accounting for a number of corporate and property-owning legal entities. Responsibilities include the month-end close process, preparing and reviewing budgeting and forecasting for operating and corporate entities, preparation of quarterly and annual financial statements, liaising with partners and auditors, managing cash balances and payment processing, and working closely with the asset management, treasury and tax departments.

Responsibilities

Month-End Close Process

• Responsibility for monthly and quarterly close process for a portfolio of legal entities including maintaining strong relationships with our partners and service providers
• Prepare monthly reconciliations of the cash, equity, investment property, debt, and intercompany account balances and periodic reconciliation of other general ledger account balances

Reporting to Partners & Boards

• Prepare quarterly management accounts for lender compliance, board reporting and partner reporting, including complex consolidations
• Prepare quarterly joint venture reporting and liaise with joint venture partners
• Prepare annual business plans to present both internally and to joint venture partners

Annual Reporting

• Complete tax financial statements and working papers for various legal entities
• Prepare annual consolidated and non-consolidated financial statements under IFRS for various corporate and property related structures, including joint venture accounting
• Responsible for a portfolio of audits, including preparing supporting working papers and acting as the primary point of contact for the auditors

Budgeting & Forecasting

• Assist in the preparation of quarterly forecasts and the annual budget for corporate entities and the property-owning entities
• Complete variance analysis for portfolio of forecasts prepared

Cash Management

• Manage weekly cash payment recommendations with administrators who process payments on our behalf
• Monitor bank balances and prepare cash flow forecasts to ensure sufficient funds to meet operational and development funding requirements
• Prepare steps memos, solvency tests and other documentation necessary to support contributions and distributions for various legal entities

Treasury

• Prepare loan compliance documentation on a quarterly basis, including the calculation and monitoring of key covenants, liaising with our treasury team and asset managers as necessary

Asset Management

• Assist with financial due diligence on prospective and renewing tenants
• Manage the updating of master tenancy schedule monthly
• Assist in the preparation of quarterly property reports
• Assist in the preparation of annual business plan reports

Process Improvements & Other Initiatives

• Propose recommendations for process improvements to support efficiency and effectiveness of day-to-day activities
• Take an active role in team projects / initiatives
• Liaise with other departments, including Treasury, Tax, Legal, and Asset Management

Experience and Education Requirements

• ACCA/ACA/CIMA or equivalent qualified
• Minimum 3 years' experience in an accounting function.
• Keen interest in real estate; real estate experience preferred but not required.
• Experience in a large environment with a complex organisational structure
• Proficiency in Microsoft Word, Excel, and Outlook required, and exposure to JD Edwards and Hyperion Financial Management (HFM) desired but not required

Inventum Group is acting as an Employment Agency in relation to this vacancy.