Qualified Accountant for Real Estate Debt Fund (Portfolio Management) Qualified Accountant for Real Estate Debt Fund  …

Caravel Search
in London, England, United Kingdom
Permanent, Full time
Last application, 28 May 20
Competitive + bonus (discussion on application)
Caravel Search
in London, England, United Kingdom
Permanent, Full time
Last application, 28 May 20
Competitive + bonus (discussion on application)
Real estate debt fund is hiring a qualified accountant who wants to move into portfolio management.

Our client is a well capitalised real estate debt fund. They have a mandate to provide senior and mezz loans for property development projects across the UK.

Due to continuing expansion they are looking to hire an accountant (with 2-5 years of experience) into their portfolio management team. The person could come from one of three backgrounds:

  • An accountant currently fulfilling a portfolio management role in a property lending business
  • An accountant working for a property lending who wants to move into portfolio management
  • An accountant from an accounting firm who has real estate expeerience and wants to move client side

Key responsibilities:

Loan management and monitoring

  • Day-to-day responsibility for financial monitoring of the loan book
  • Creation and maintenance of loan interest workings and the associated schedules
  • Production and maintenance of up-to-date loan-by-loan cash flow projections
  • Preparation of redemption statements and loan positions for borrowers
  • Detailed review of project monitor reports, highlighting and escalating areas of risk as appropriate
  • Monitoring surpluses / shortfalls on development finance facilities and running the cash call strategy with borrowers
  • Providing VAT and other tax guidance on prospective loans
  • Processing drawdown requests
  • Preparation of invoices and interest statements for borrowers, and associated cash collection

Business support

  • Preparing loan portfolio reports and KPIs for Property Finance management team
  • Preparing calculations and reports for institutional funding partners
  • Preparing and managing cash calls from institutional funding partners
  • Assisting with loan related queries from auditors
  • Responding to queries from investor relations and business development teams

Systems development

  • Core role in the implementation of a system-based loan management and monitoring approach, and transition from current reliance on manual procedures

A full job specification is available.

 

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