Business Controller - CCA287

at  Greenfield

SUMMARY:

Business Controller – Real Estate Assets
We are pleased to present a unique opportunity with our client, the private investment structure of a distinguished Global group of companies. With a remarkable portfolio of real estate consisting Globally of over 20 billion USD AUM, our client has recently expanded its reach by establishing a new Luxembourg structure. This strategic move aims to facilitate the management of a broader geography of real estate assets, further solidifying their long-term strategy.
Renowned for its prudent and long-term investment strategies, our client embodies a culture of discretion and modesty despite its remarkable success. This commitment to modesty and integrity sets our client apart, creating an environment that values trust, collaboration, and sustainable growth. This is a suitable opportunity for a professional seeking to contribute their skills and expertise to a dynamic and respected organisation with a global presence.

Role Context:

• The business controller will an integral role in the oversight and control of a vast portfolio of RE assets on a pan-European basis. This is a new role and whilst there are substantial resources and expertise at hand, there will be a distinct requirement to implement many of the financial systems of the Lux business. The role will report locally to an MD and functionally to the GFD.

Role Profile:

Budgeting & Forecasting

• Develop, monitor, and manage budgets for real estate assets in LU, FR, NL & DE.
• Coordinate with stakeholders to ensure alignment of budgetary goals with overall business objectives.

Financial Analysis and Reporting

• Conduct quarterly analysis to identify and report variances between actual financial performance and budget projections.
• Provide insights and recommendations based on analysis to optimise financial performance.

Financial Information Management

• Ensure accuracy of management and financial information in SAP and Qlikview.
• Manage occupancy reports, contracts information, and other relevant financial data.
• Oversee quarterly invoicing of rent and service charges to tenants.
• Track Capex projects and ensure adherence to budgetary constraints.
• Assist the finance team with quarterly closings to ensure timely and accurate financial reporting.

Cost Accounting

• Design and implement cost accounting structures within SAP for new acquisitions.
• Monitor and analyse cost trends to identify areas for improvement and cost-saving opportunities.
• Prepare annual reconciliation of service charge accounts.
• Review supplier invoices related to service charge expenditures for accuracy and compliance.

Collaboration and Stakeholder Engagement:

• Work closely with Property Managers, Investment, Technical, and Finance Directors to prepare operating budgets for each property.
• Participate in monthly meetings with Property Advisors to discuss current issues and progress of underlying investment performance.
• Provide support to Business Controller Manager, Finance Director, and Managing Director with various ad-hoc activities as required.

Role Requirements:

• Bachelor’s degree in Business Administration or similar field.
• Fluency in Spanish and English are both essential. Knowledge of French is preferred.
• At least 6+ years of experience in financial control, reporting and analysis preferably within a RE context either having been, or currently engaged at a big 4.
• Availability to travel to countries to the location of assets and headquarters – Europe.
• Proficiency in SAP and Qlikview preferred.

Person Profile:

• Excellent Excel skills- strong analytical skills and attention to detail.
• Relationship driven - excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Flexible – able to operate and contribute in a wider business context – cross-team and function and at a HQ level.

Consultant Name:Theodore Saltavareas
Consultant Email:theodore@greenfield.lu

Role Context:

• The business controller will an integral role in the oversight and control of a vast portfolio of RE assets on a pan-European basis. This is a new role and whilst there are substantial resources and expertise at hand, there will be a distinct requirement to implement many of the financial systems of the Lux business. The role will report locally to an MD and functionally to the GFD

Role Requirements:

• Bachelor’s degree in Business Administration or similar field.
• Fluency in Spanish and English are both essential. Knowledge of French is preferred.
• At least 6+ years of experience in financial control, reporting and analysis preferably within a RE context either having been, or currently engaged at a big 4.
• Availability to travel to countries to the location of assets and headquarters – Europe.
• Proficiency in SAP and Qlikview preferred