Associate, Fund Controller

Team Overview:  The Continental Europe Finance team is split between the Paris and the Munich offices. The team consists of Financial Controllers, Treasurers, and Business Technology Solutions Managers. The Finance team is an integral part of the business and works closely with the Fund Management-; Acquisitions- and Asset Management teams.

Role and Accountabilities:

The Fund Controller will be accountable for all financial matters related to the management of Funds throughout Europe and globally and shall deliver the highest levels of financial reporting to assist in decision making within our client portfolios. The Fund Controller will manage accounting, budgeting, reporting, as well as tax and compliance requirements of regulated and non-regulated real estate funds and ensure full compliance in accounting and tax of the existing funds. The candidate will also oversee the investment vehicles accounting in Yardi – both on Property Management- and Fund level.

The Fund Controller brings legal, accounting and tax support to other departments on day-to-day basis. The candidate will support Portfolio management on performance analysis and reporting. The candidate will bring support to acquisition and asset management on transactions (structuring, DD, financing, SPA). The function requires frequent contact to external accountants, property managers, tax and legal advisors and banks.

• Supervise and provide guidance to external accountants work in LaSalle´s bookkeeping system Yardi

• Ensure that assets and G/L accounting activities have functional integrity and proper controls are well managed and operating efficiently in Yardi

• Control and/or run closes, consolidation and investor reports as well as other reporting, e.g. towards banks, IPD, US GAAP out of Yardi

• Enhance analysis and planning leveraging LaSalle´s bookkeeping system

• Optimize cash calls and distribution for Special Purpose Vehicles (SPVs)

• Prepare capital call in conjunction with portfolio management

• Optimize cash distribution from the Fund to investors

• Prepare and follow up financial budgets and cash flow forecasts

• Identify tax opportunities and risks, manage tax planning and audits

• Coordinate tax work with outside counsels as well as with LaSalle’s Tax Manager/Director

• Ensure compliance with all statutory, tax and regulatory requirements

• Drive the legal and financial life of SPVs (capital increase, merger, liquidation)

• Work closely with operations on e.g. deal structuring and due diligence

• Ensure proper transfer of assets into the funds

• Compute / review price offers on share deals

• Review cash flow model, source and application of funds as well as agreements (e.g. sale and purchase agreements, guarantees)

• Support financing team and debt administration when appropriate

• Coordinate the annual audits (SPV & Fund Levels)

• Develop and administer assessment to ensure appropriate levels of internal control

• Share best practices

• Lead or assist in transversal projects to implement best practices.

Required Qualifications & Experience:

• Relevant finance experience in an international environment, in an auditing firm; favorably regulated real estate vehicles

• KVG or Real Estate knowledge is a need

• Consolidation knowledge is a prerequisite

• Strong numeracy, financial and digital skills

• Process and system driven

• Adaptable team player with the ability to operate autonomously when needed in a high-pressure environment

• Strong interpersonal skills with the ability to present to clients in both a verbal and written format

• Ability to work collaboratively with internal teams including Fund Teams, analysts, finance, strategy and client services

• Fluent German and English

• Self-motivated, forward thinker and hands-on mentality

LaSalle is an Equal Opportunity Employer and encourages applications from all sections of the community

US Jobs Only: This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.

Location:

On-site –Munich, DEU

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