Real Estate Accountant

il y a 3 jours


Luxembourg City XB Consultants Temps plein

Our client is Real Estate Asset Manager that is backed by one of the world's largest Investment Firms. They have an established and fast-growing portfolio across Europe and have built out an internationally-minded and stable team in Luxembourg.


In line with growth, they are looking for a new Investment Accountant.


The investment Accountant is responsible for the day to day accounting operations and compliance of a large portfolio of real estate entities and investments (property and holding companies) in Europe.

Given the high volume and dynamism in the portfolio the role requires the successful

candidate to be proactive, highly organized and stress resistant.


As part of your role, not only you will have to interact with your accounting teammates

but also with other departments (legal and compliance, accounts payable, treasury, reporting, …) thus requiring good coordination skills.


Duties:


Accounting:

● Ensure accuracy of all property manager bookings including reconciliation of rental income to rent rolls, review of all service charge costs and income and accurate allocation of non-recoverable property costs.

● Take care of day to day accounting for PropCos and HoldCos including, bank reconciliations, invoice review, monthly accruals, depreciation, etc.

● Take care of all supporting schedules: loan and interest calculations, depreciation and amortization schedules, etc.

● Assist in preparation of periodic VAT returns.

● Ensure accurate recording of all local, IFRS and Group GAAP adjustments.

● Respect periodic closing process timelines.

● Assist with consolidations and sub-consolidations.

● Prepare Luxembourg GAAP stand-alone and consolidated financial statements.

● Provide intercompany reconciliations and regular intercompany settlements where applicable.

● Contribute to the (interim) audit process, ensuring completion on a timely basis.


Cash Management:

● Liaise with Treasury team to help ensuring adequate and consistent funding within the different structures


Property Management:

● Liaise with property managers and review numbers, information provided on a regular basis

● Perform consistency checks to support providing accurate information


Asset Management, Acquisitions & Sales Support:

● Support asset management team with ad hoc financial information / analysis as required.

● Support in monitoring operating budgets, liquidity and cash management for investments.


Process improvement:

● Assist with continuous improvement initiatives for all financial reporting processes and suggest (or even participate in) Yardi enhancements.


Stakeholder management:

● Liaison with 3rd party property managers and finance teams across Europe.


Project management:

● Contribute to projects by performing ad hoc project activities.

Requirements:


● University degree in Accounting/Finance (ACCA is an asset)

● Min 4 years relevant work experience in a similar field

● Real Estate and Property Accounting exposure preferred

● Good knowledge of Lux GAAP desired (IFRS experience considered as an asset)

● Proficiency with MS Office standard applications. Yardi Voyager experience a plus

● Fluent in English.

● Dynamic personality with a can do and hands on attitude

● Solution oriented approach/ problem-solving ability

● High sense of organization

● Detail oriented while constantly viewing the big picture

● Ability to handle and prioritize a wide variety of situations and challenges

● Ability to work independently but also be an excellent team player

● Curiosity and enthusiasm for business related matters with a strong desire to learn and support

● Manages stress well and uses it as a positive motivator

● High energy level; exhibits positive attitude, flexibility and stress resistance

● Good communication skills (written and verbal)

● Ability to deal efficiently with people at different level of hierarchy


APCT1_LU



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