Senior Associate, Fund Operations (m/f/d)

The Senor Associate in the Fund Operations International team , the role is responsible for three large asset management mandates. This role reports to the Fund Finance Manager.

Responsibilities

• Working with the support of the Fund Finance Manager (FFM) and with broader team.

• Thorough understanding of the individual property assets and the accounting of rent roll, tenant incentives, rent free concessions, service charges, voids, capex etc.

• Manage the inputs from third party service providers, mostly local accountants, tax advisors, auditors, and property managers, ensuring quality and timeliness of reporting.

• Review management accounts produced by the local administrator and instructing any changes. Preparing GAAP adjustments, cash flows, NAV reconciliations, distributions, and liquidity forecasts.

• Tax compliance - to have a good working knowledge of all types of taxes (direct and indirect), working with tax advisors and reviewing tax computations (UK VAT return and CIS returns) and updating cash flow modelling.

• Maintain and reconcile project expenditure file and project cash tracker.

• Performance analysis - to prepare, manage and monitor budgets, and analyse budget performance results against budgeted figures.

• Mandate level reporting - to complete quarterly investor reports with performance metrics and detailed analysis of recent performance.

• Prepare recommendations to trustee for any capital drawdowns, distributions and any other matter that relates to finance.

• Organising payments runs with external service providers.

• Manage audits, tax declarations, board meetings and organise resolutions.

• As required support the take on/replacement process of third-party service providers.

What we are looking for:

• Qualified accountant with at least 5 years' experience in the real estate sector.

• Strong knowledge of UK GAAP and IFRS.

• Ability to build strong working relationships with colleagues and external service providers.

• Up to date knowledge of relevant financial regulations and standards.

• Ability to operate in a dynamic environment and work with multiple teams.

• Ability to work under pressure / to a tight timetable, have attention to detail without losing sight of the bigger picture and must also be an excellent team player.

• Strong analytical, Excel and communication skills.

What we offer

• Competitive and performance-oriented remuneration package
• Hybrid working environment and mobile working
• Various skill building and learning opportunities through PATRIZIA Academy, like talent development programs and mentorship
• Inclusive and equal-opportunity workplace (incl. ED&I Committee) in an international environment
• Possibility to participate in different employee resource groups (NextGen, LGBTQ+ Alliance, Female Advance, Parents & Carer Network etc.)
• Health and well-being benefits, like virtual fitness classes and mental health offerings
• Extra paid holidays for social engagement (e.g. for the PATRIZIA Foundation)

Sounds like you?

If you want to create a better tomorrow with us, we want to hear from you via our job portal (www.patrizia.ag/career). Together, let's make a positive impact.

We're proud to be an equal opportunity workplace.

At PATRIZIA, we are committed to leading the industry in how we advance the equity, diversity and inclusion of our global teams. The opinion and experience of each individual counts. With inherent trust in each other, we do our greatest work steeped in courage, integrity, optimism and tenacity.