Associate Director - Real Estate Fund Controller

eFinancialCareers; Greater London; On-site; GBP 90,000 - 100,000; Full time

Benefits offered by this job

Flexible working

Wellbeing support

Good pension and workplace benefits

Healthcare

Disc Bonus

Job summary

OUR CLIENT is a leading institutional real estate investment business seeking an Associate Director - Real Estate Fund Controller to oversee pan-European funds, financial reporting, governance and provider management. The role links investment business with external administrators and advisers.

The candidate will focus on IFRS and local GAAP reporting, fund structures, SPVs and complex real estate accounting, working with auditors and tax advisers across jurisdictions.

Qualifications

• ACA/ACCA qualified or equivalent.
• At least five years asset management experience, ideally in real estate.
• Strong experience in real estate fund finance, fund control, financial reporting or fund operations.
• Good knowledge of IFRS and Luxembourg GAAP; fund structures, SPVs and complex real estate accounting.
• Experience overseeing third-party fund administrators and working with auditors and tax advisers.
• Understanding of the real estate investment lifecycle, including transactions and financing.
• Strong analytical, organisational and stakeholder management skills.
• Proactive approach to process improvement, systems and technology.
• Experience managing or developing a small team would be advantageous.

Responsibilities

• Oversee pan-European open/closed-ended real estate funds' financial control and reporting.
• Review outsourced fund administration deliverables: management accounts, NAVs, financial statements, investor reporting.
• Ensure IFRS and local GAAP reporting; review fund performance metrics, fees, valuations and distributions.
• Monitor investor cash movements, capital calls, redemptions, distributions, treasury and liquidity.
• Oversee lender reporting and loan covenant compliance.
• Coordinate annual audits, tax compliance and statutory reporting across jurisdictions.
• Participate in onboarding of acquisitions, disposals, refinancings and new structures.
• Support restructurings of SPVs and holding companies.
• Maintain fund governance and relationships with administrators, auditors, tax advisers.
• Collaborate with Investment Management, Asset Management, Legal, Tax, Treasury and Investor Relations.
• Identify opportunities to improve reporting, controls, systems and efficiency; leverage technology/AI.

Education

ACA/ACCA qualified accountant

Job description

£90,000 - 100,000 + 30% Target Bonus

Associate Director - Real Estate Fund Controller

OUR CLIENT is a leading institutional real estate investment business with an established European presence, a diverse portfolio of investment funds and an expanding platform spanning multiple markets and investment strategies. The team has established strong performance track records and are building on this success by both growing existing flagship funds and further developing the business through new funds. They are now seeking an Associate Director - Real Estate Fund Controller to join an established Fund Control and Operations team.

THE ROLE

Provides an excellent opportunity for an experienced Real Estate Fund Controller to step into a broad Associate Director with responsibility for pan-European fund oversight, financial reporting, governance and service provider management within an established institutional real estate investment platform, acting as a key link between the investment business and its external administrators and professional advisers.

Reporting to the Head of Real Estate Fund Control responsibilities will include:

Financial Control, Reporting & Stakeholder Oversight

• Overseeing the financial control and reporting of pan-European open and closed-ended real estate funds and their underlying investment structures.
• Reviewing and challenging outsourced fund administration deliverables, including management accounts, NAVs, financial statements and investor reporting.
• Ensuring accurate and timely IFRS and local GAAP reporting, including review of key fund performance metrics, fees, valuations and distributions.
• Monitoring investor cash movements, capital calls, redemptions, distributions, treasury and liquidity requirements.
• Overseeing lender reporting and loan covenant compliance.
• Coordinating annual audits, tax compliance and statutory reporting across multiple jurisdictions.

Transaction & Fund Lifecycle Support

• Participate in the financial onboarding of acquisitions, disposals, refinancings and new investment structures.
• Support restructurings including the establishment, wind-up / liquidation and termination activities of SPVs and Holding Companies.

Stakeholder Management & Business Partnering

• Maintaining strong fund governance, financial controls and relationships with external administrators, auditors, tax advisers and other service providers.
• Working closely with Investment Management, Asset Management, Legal, Tax, Treasury and Investor Relations.

Continuous Improvement

• Identifying opportunities to improve reporting, controls, systems and operational efficiency, including the use of technology and AI.

THE CANDIDATE - you will be:

• ACA / ACCA qualified accountant or equivalent.
• At least five years' asset management experience, ideally within real estate or another real asset class.
• Strong experience in real estate fund finance, fund control, financial reporting or fund operations.
• Good technical knowledge of IFRS and/or Luxembourg GAAP, fund structures, SPVs and complex real estate accounting.
• Experience reviewing and overseeing third-party fund administrators and working with auditors and tax advisers.
• Understanding of the real estate investment lifecycle, including transactions, financing and fund structuring.
• Strong analytical, organisational and stakeholder management skills, with the ability to manage competing priorities and deadlines.
• A proactive approach to process improvement, systems and technology.
• Previous experience managing or developing a small team would be advantageous.

The Opportunity

This is an opportunity to take on a broad Associate Director-level fund control position within an established pan-European real estate investment business, gaining exposure to a diverse portfolio of institutional real estate funds, multiple jurisdictions and the full investment lifecycle. The role offers the opportunity to develop both technical and commercial expertise, take ownership of key fund relationships and contribute to the continued development of the wider fund control operating model.

BENEFITS

• Flexible working to support life and work balance.
• 'Wellbeing' and support for your development.
• Good pension and workplace benefits.
• Healthcare.
• Disc Bonus.