• Profile

Fund Controller

The Hague
Competitive, plus bonus, plus benefits
Vacancy Type:
Permanent - Full Time
Hours Per Week:
Job Description

The Fund Controller is responsible for leading on the delivery of all financial aspects in relation to the Greystar European Core and Fund. This includes managing 3rd party service providers, forecasting, onboarding new investments and supporting the GEOF Fund Manager in the day to day operations of the Fund. The Fund Controller will report to the Sr. Corporate Services Director Europe. The role will require exceptional communication and accounting skills as well as strong commercial awareness.

Key Role Responsibilities:

  • Directs all financial planning activities including monthly variance analysis of operating results overseeing annual asset budgeting process and creating an annual fund budget.
  • Leads performance measurement of fund and coordinates return projections, tracks and explains (future) performance versus indices and top down fund strategy and KPI reporting for GEOF.
  • Provides timely management reports to key stakeholders across the business in the NL.
  • Leads and manages his or her team and 3rd party providers to support the changing business needs and future growth of the portfolio.
  • Establishes and implements short and long term financial goals and objectives, policies and operating procedures.
  • Drives the annual planning and budgeting process ensuring compliance with the company’s established financial targets and goals.
  • Manages the portfolio’s treasury function including the fund cash projections, (dividend) distributions, investor redemptions and subscriptions.
  • Assists with management of the fund’s tax, portfolio, allocation, conflicts, regulatory, filing, debt compliance, investor reporting obligations and functions and safeguards deadlines.
  • Leads the annual audit process and ensure all implemented controls and processes adhere to best practice requirements.
  • Leads the preparation of statutory financial statements in accordance with IFRS.
  • Assists with providing information for the preparation of annual tax filings.
  • Establishes all controls and processes in relation to GEOF in conjunction with the Finance Director and 3rd party providers.
  • Assists with property transaction due diligence where required.
  • Undertakes any activities required to take-on/integrate new assets economically.
  • Coordinates Valuation process.
  • 3rd party coordination with BNY – outsourced fund administrator.
  • 3rd party coordination with tax advisers and compliance administrators.
  • Answering finance, performance and reporting related investor queries.
  • Assists the Fund manager with coordinating Investor and Advisory board meetings and materials
  • Works with the IT & Finance team for automating Fund (accounting and reporting) processes and creating business intelligence and reporting dashboard.
  • Manages the Fund document filing system.
  • Manages GRESB initiatives on behalf of the fund.

Knowledge & Qualifications:

  • ACCA / CIMA / ACA or RA / AA / RC / AC or equivalent qualification
  • Thorough understanding of accounting procedures and double entry book-keeping
  • Proficiency in Excel, PowerPoint and Word. Previous use of Yardi would be an advantage
  • Working knowledge of GAAPs within the Real Estate sector
  • Working knowledge of VAT and Company/SPV Structures