GER Finance Manager in Frankfurt am Main bei Greystar Real Estate Partners LLC
GER Finance Manager in Frankfurt am Main bei Greystar Real Estate Partners LLC
This role is responsible for external reporting, investment accounting, asset/portfolio acquisitions and disposals, and business partnering for our German and Austrian student and multifamily portfolios, significantly, Greystar’s develop to core property portfolio launched in 2020.
Significant growth is anticipated from our portfolios and this role will act as a key business partner to the development, operational and investment teams, as we acquire and develop new assets.
JOB DESCRIPTION
Key Role Responsibilities:
- Investor and lender reporting of portfolios, including monitoring and documenting reporting requirements, timely external quarterly debt compliance and investor reporting, and timely internal monthly performance reporting
- Preparation of capital and return schedules of the portfolios for new and existing investors, including preparation and recording of investor capital call and distribution statements, coordination of teams for capital requirements, and inter-group distribution and management
- Ownership of asset/portfolio acquisition and disposals, covering management of relationship with external advisors, engagement with deal teams, review and input on SPAs, review and input on purchase price mechanisms, review and input on Greystar management agreements, and acquisition accounting
- Business partnering with internal teams, including asset management, investment, portfolio management
- Leads the annual audit process with external preparers of financial statements, including owning the relationship with local auditor teams, and input / review of the consolidated financial statements that are prepared by external provider
- Management of relationships with outsourced investment accounting providers (where applicable), and engagement with corporate administrators
- Final review of the annual planning and budgeting process ensuring compliance with proforma models, partnering with Operational and Investment Team vision, and investor requirements
- Technical and process accounting memos for corporate transactions and new reporting standards
- Reviewing and inputting into new portfolio and facility agreements
- Manages ad-hoc requests from investors and stakeholders
- Partnering with Centralised Asset Accounting team for timely preparation of operating and property entity management accounts
- Partnering with Centralised Development Accounting team for development draws to assist with capital calls, and timely preparation of development entity management accounts
- Assistance with management of the portfolios’ tax, legal, portfolio, allocation, conflicts, regulatory, filing, and safeguards deadlines
- Assistance with the investment property valuation process, partnering with Portfolio and Centralised Development Accounting for finance inputs
- Provide assistance to Centralised Corporate Accounting where local expertise is required e.g. local audits
- Completes various financial, accounting, narrative, administrative and other reports and analysis and duties as assigned or necessary for the successful execution of the business plans.
Knowledge & Qualifications:
- Graduate Calibre or equivalent relevant experience
- Audit background and Real Estate experience
- Qualified accountant with at least 3-5 years post-qualified experience or equivalent
- Accounting foundation background with experience in producing financial reports and entries
- Proficiency in Microsoft Office,
- Previous experience with financial accounting and property management software (Yardi experience is a benefit)
- Working knowledge of IFRS and local GAAP (HGB)
Your Profile:
- Experience working within the Real Estate sector
- Experience in IFRS, local GAAP (HGB) and German company structures
- Debt compliance and investor reporting experience
- Experience of engaging and collaborating with multiple stakeholders across the business.
- A positive team player, with an adaptable and flexible approach along with ability to work collaboratively to drive results and support the wider team and business objectives.
- Demonstrated willingness to be flexible and adaptable to changing priorities
- Accurate, organised, methodical, deadline focused and committed
- Ability to manipulate and sort large volume of data in excel
- Good communicator, with the ability to review and interpret and present complex financial data.
- Ability to meet multiple deadlines and multi-tasking are essential, using initiative to prioritise
- Strong commercial focus.
- Fluent in English and German languages