Consultant, Property Real Estate Fund Accounting

Responsibilities

• Financial Reporting
  • Preparation of interim and annual financial statements for Property Funds, including the completion of consolidated financial statements for complex cross border structures.
  • Active liaison with clients and external auditors, dealing with audit queries.
  • Ensuring agreed client service levels and regulatory filing deadlines are met.
  • Oversee the preparation of regulatory returns, including compliance reports, Central Bank and CSO returns.
• Fund Accounting
  • Develop an understanding of Fund Accounting requirements for Property Funds.
  • Collect relevant information to facilitate production of NAVs.
  • Issue NAVs accurately and within defined timeframes.
  • Organise payment of operating expenses.
  • Liaise with new clients to determine fund structure and level of detail required to support striking of NAV.
• Client Servicing
  • Provide unrivalled client satisfaction and continuously improve the department's performance to clients (internal and external).
  • Effective communication with clients, investors and associated parties on fund activities.
  • Ensure that operating arrangements are clearly established on inception of a fund.
  • Ensure that documentation, legal and compliance issues are complete.
  • Understand the purpose of and gain the critical background knowledge of Funds assigned to the team.
  • Keep abreast of current activities in the REIF market as well as industry and regulatory developments.
  • Deal with client queries and liaise with other internal departments such as Trustee, Legal, Transfer Agency and Company Secretarial.
  • Contribute to the marketing and sales process to prospective clients via sales presentations, RFP responses, etc.
• Purchase and Sale of Property Investments
  • Understand the structure of property transactions.
  • Understand the process and approvals required.
  • Coordinate the approval process.
  • Collate documentation / record maintenance.

Qualifications

• Detailed knowledge of Irish/UK GAAP and IFRS.
• Working knowledge of the Irish regulatory /tax regime as it relates to Fund Accounting and Financial Reporting.
• Strong appreciation of accounting principles and standards.
• Knowledge of or willingness to quickly gain knowledge of Property Fund Administration.
• High level of communication skills; previous relationship management experience is beneficial.
• Demonstrated leadership and team building qualities and ability to motivate a team.
• Ability to assist with the management of the team.
• Understanding of the need for high touch client service.
• Ability to participate in systems development projects.
• Demonstrated commitment to producing high quality work and meeting timeframes.
• Strong knowledge of Excel.

Work Authorization

Applicants must have the right to work in Ireland at the time of application and for the duration of employment. Northern Trust is unable to provide employment permit sponsorship for this role.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at or discuss your individual requirements with the recruiter you are working with.

Equal Employment Opportunity Statements

APAC/INDIA EEO STATEMENT: Northern Trust is an equal opportunity employer. This policy applies to all applicants and employees, and North Asia Pacific, Indian and United States etc.

Canada EEO STATEMENT: Northern Trust is an equal opportunity employer. Hiring and other employment decisions at Northern Trust are made without regard to race,_color, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, or other protected characteristics.

EMEA EEO STATEMENT: Northern Trust does not discriminate on the basis of race, color, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions are made in a non discriminatory manner in accordance with the law and codes of practice.

USA EEO STATEMENT: Northern Trust affords equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests, physical or mental disability, protected veteran status or any other legally protected status.