Spain Job Openings
Greystar Spain, S.L.
Senior Property Accountant
Madrid
FULL TIME
August 27, 2024
ABOUT GREYSTAR
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
JOB DESCRIPTION
The Senior Property Accountant role is in the growing Spain Finance Team, with a significant scope of development and role expansion in the future. Whilst supporting the Finance team, the role entails taking ownership of property accounting across one operating property portfolio, working with various head office teams, external servicers and advisors, as well as partnering with key stakeholders across the business.
Key Role Responsibilities
Role Scope
Key Relationships
Knowledge & Qualifications
Experience & Skills
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.
JOB DESCRIPTION SUMMARY
JOB DESCRIPTION
The Senior Property Accountant role is in the growing Spain Finance Team, with a significant scope of development and role expansion in the future. Whilst supporting the Finance team, the role entails taking ownership of property accounting across one operating property portfolio, working with various head office teams, external servicers and advisors, as well as partnering with key stakeholders across the business.
Key Role Responsibilities
- Overseeing the accounting and review of the financial statements of group investment vehicles under Spanish GAAP and IFRS.
- Review and monitoring of joint venture budgets, to ensure approval of the investors of an accurate and realistic costs forecast and ongoing review of actual expenses.
- Work closely with service providers, implementing process and procedures to meet to goals of the organisation.
- Assistance with quarterly external investor reports including portfolio commentary on performance and management of input from other teams within the European business, ensuring compliance with investor requirements.
- Assistance with the reparation and management of quarterly or ad hoc intra-group distribution and capital call waterfalls, including monitoring of cash balances and knowledge of capital expenditure budgets.
- Assistance with property valuations for operating investment properties to facilitate accurate and reliable external valuations of our properties.
- Work closely with Shared Service Center on the accounts payable, implementing process and procedures to meet to goals of the organisation.
- Working with other departments to improvement requirement process.
- Working with key stakeholders across the business to improve the invoice approval process.
- Overseeing revenues are properly feed into from PMS to the accounting system in a monthly basis.
- Support Operational teams on the financial duties and consults.
- Working with IT department to develop the PRS and accounting systems according financial needs.
Role Scope
- Operating portfolio of Spanish residential properties with approximately 3.000 units
- Working within a team including, Shared Service Center Team, property managers and Finance Director, and reporting directly to the Finance controller.
Key Relationships
- Accounting service provider
- Spain Finance team members
- Operations team members
- External auditors and tax advisors
Knowledge & Qualifications
- A degree in accounting, finance, economics, business or a related field and / or equivalent experience (essential)
- Thorough understanding of accounting and financial statements.
- Working knowledge of national taxes and local RE taxes and Company Structures
- Proficiency in Excel and Word.
- Good written and spoken Spanish and English.
Experience & Skills
- 2-3 years of experience within a big 4 accountancy practice or alternatively Accounting and tax Service Provider.
- Deep understanding of Finance, Real Estate and Accounting and Financial Statements.
- Experienced in using Yardi (non essential)
- Experience in the implementation of ERP and/or accounting systems
- Debt compliance and investor reporting experience
- Strong team working and interpersonal skills
- Ability to manipulate and sort large volume of data in excel
- Good communicator, with the ability to interpret and complex financial data.
- Positive “can do” attitude with desire to learn, train and develop in the role
- Attention to detail, methodical and takes pride in work
- Self-starter with a systematic and organised approach
- Able to meet internal and external deadlines and multi-task are essential, using initiative to prioritise
- Exposure to an International Working environment
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