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Senior VP – Head of Investment Accounting – Real Estate Private


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https://www.circlesquare.co.uk/1333-senior-vp-–-head-of-investment-accounting-–-real-estate-private/real-estate/london/job?Itemid986=2018-04-17 14:28:031970-01-01 Circle Square
Job Type Permanent Full Time
Location London
Area London , England London England London
Sector Real Estate
Salary £95000 - £100000 per annum, Benefits: Benefits
Currency GBP
Start Date 2018/04/17
Job Ref VP/RE/Acc
Job Views 66
Description
Circle Square is currently working with a European Real Estate platform who are looking for a SVP head of investment accounting to join their team. Our clients Opportunistic European Real Estate platform has experienced a period of rapid growth and currently manages around £1.5bn across circa fifteen investments – both direct Real Estate portfolios and Real Estate backed non-performing loan portfolios across a wide range of European geographies and asset types.

The role:

Within this role you will be Reporting to the Head of Portfolio Management, the role covers Financial and Management Reporting, Tax and Corporate Compliance for investment portfolio projects and enforcement/REO projects.

Responsibilities:
  • Assist and advise in the creation of SPV structures.
  • Plan and manage the selection process and appointment of local SPV accounting firms and corporate administrators for new investments.  
  • Interpret the acquisition funds flows from the deal team and communicate to the local SPV accountants in order to finalise initial acquisition accounting.
  • Setup and maintain key reporting processes used to populate the in-house Cash Management Database (CMD).
  • Agree reporting structure for provision to the Portfolio Management Team (main internal customer), and oversee monthly actuals reporting using the CMD.
  • Plan, manage and oversee the annual tax compliance and financial audit for all investment entities (including interim audits where necessary).
  • Oversee the quarterly and annual financial statements reporting to lender banks.
  • Coordinate and oversee the local SPV accountants and out-sourced / third party corporate administrators.
  • Advise the Workout Team on accounting and corporate administration matters in relation to enforcement entities.
  • Liaise with Luxemburg office and the Portfolio Management Team on distribution payments and Board meetings.
  • Keep abreast on changes in accounting and tax rulings and their implications for all investments.
  • Coordinate cessation of investment entities and closure of bank accounts on investment wind up.

Candidate Requirements:
  • Qualified Accountant (ACA, CA or similar)
  • Degree-level qualification in relevant subject
  • 5-7 Post-qualification experience preferably within the real estate private equity industry
  • Experience of managing a team and reviewing the work of junior team members
  • 5+ years’ real estate / private equity fund finance management and accounting experience.
  • Experience of dealing with external auditors and coordinating the consolidation of multiple SPVs for reporting purposes.

If you feel you meet the requirements for this role, please do not hesitate and apply today. 


Circle Square is the leading recruiter of M&A / Mergers and Acquisitions / Corporate Finance professionals in the UK. Our consultants have a combined pedigree of 105 years of dealing with M&A / Mergers and Acquisitions / Corporate Finance professionals. We supply M&A / Mergers and Acquisitions / Corporate Finance professionals from entrance level up to Director Level.

Our specialist sectors cover:

- TMT (Technology, Media and Telecoms) - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Consumer - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Healthcare - M&A / Mergers and Acquisitions / Corporate Finance professionals
- FIG (Financial Institutions Group) - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Real Estate and Infrastructure - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Natural Resources - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Oil & Gas / Metals & Mining - M&A / Mergers and Acquisitions / Corporate Finance professionals
- Energy, Utilities & Power and related sub sectors including Infrastructure & Transport
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