Senior Manager Accounting - Germany
IMMO Investment Technologies
Accounting & Finance
Hamburg, Germany
Posted on Wednesday, August 9, 2023
IMMO is Europe's first technology-powered residential real estate platform, designed to create portfolios of existing single-family rental (SFR) and multifamily housing (MFH). Our proprietary technology allows us to unlock investment access to 98% of the residential market currently being overlooked, at scale and speed. At the same time, we offer better solutions to consumers – empowering homeowners with quick and transparent sales, and providing a next-gen renting experience for our residents to enjoy living in beautiful homes. With technology in our DNA, data is at the heart of decision-making, and we do things sustainably by up-cycling existing properties that are responsibly retrofitted. IMMO has been awarded “Tech Pioneer” by the World Economic Forum and has been titled “Real estate asset manager of the Future” by Goldman Sachs.
We are 170+ strong with experienced professionals working across our integrated residential ‘value chain’: sourcing and acquisitions, refurbishment, lettings, property management, and portfolio management. Our team includes successful entrepreneurs and industry leaders from WeWork, Goldman Sachs, Roundhill, Morgan Stanley, Barclay, Google, and many others – and we are growing, fast.
IMMO exists to solve a fundamental human need: We aim to create and scale a residential ecosystem that is socially-responsible, safe, well-managed and fairly-priced. We’re funded by institutional investors and supported by a diverse, globally distributed with teams in UK, Germany, Spain, and India.
To further our mission, we’re looking for a creative problem solvers that would like to develop the next big innovation within the real estate industry.
The Senior Manager Accounting - Germany, will help oversee and manage financial operations for IMMO’s German investor property portfolios and also support local corporate accounting, maintaining first-class corporate-grade accounting and reporting processes whilst ensuring robust processes are in place for future scaling.
You will:
- Lead and participate in the monthly accounting close, ensuring timeliness, accuracy, completeness, and compliance with company policy and relevant accounting standards - whilst demonstrating strong communication skills liaising with internal functions and third parties such as investors and auditors.
- Be a Business partner working very closely with the local accounting team, country head, and other departments, both locally and at a company group level, whilst developing strong relationships with investor/client stakeholders.
- Be proactive with issues and responsive to needs of the country management.
- Have the ability to work in an entrepreneurial environment and possess initiative, organisation, problem-solving, and analytical skills.
- Be detail oriented and willing to take a hands-on approach in all elements of the job. As well as management of financial processes, systems, and internal controls the candidate will be responsible for the analysis of financial performance at segment level in actual and planning processes and identification of key drivers of variances, whilst delivering the team and IMMO’s KPIs in an efficient manner.
Requirements for the role:
- Must be a qualified accountant (ACCA or German equivalent) and have a degree in Accounting
- Should have at least 4-6 years of experience working in a Big 4 or equivalent with previous experience in supervisory/managerial position
- Work closely in overseeing portfolio and corporate accounting responsibilities, and manage the month-end process, including investor reporting.
- Assisting in accounting review of new portfolio including formalising accounting processes and onboarding.
- Responsible for accurate balance sheet reporting and review.
- Supporting country management in proactively identifying and resolving technical accounting, reporting, and tax issues.
- Development of accounting policies and procedures and resolving internal control concerns.
- Coordinate and help monitor external audit processes where required.
- Responsible for ensuring all property and corporate costs are reported correctly and where appropriate all costs recovered from tenants are tracked and reconciled.
- Must have experience working under pressure with various projects and deadlines
- Comfortable working with remote colleagues in other time zones
- Must possess excellent oral and written communication skills.
- Good computer skills, including Microsoft Office suite, Google Office, and Netsuite are advantageous.
- Must be fluent in both German and English.
About IMMO
We are IMMO. Here to revolutionize the real estate industry, for consumers and investors alike. Residential real estate is the biggest asset class in the world and the market in Europe is worth an estimated $50 trillion. It’s a huge untapped market, but it’s also completely fragmented! Homeowners wrestle with huge fees and uncertain processes when they want to sell. Renters struggle to find high-quality homes and often deal with unsympathetic landlords. Financial institutions can’t invest large pools of money into the sector without hiring an army of disparate third parties. And to complicate matters further, building new homes churns out gigatons of carbon, all whilst we face a housing crisis and a global climate emergency. IMMO is Europe's first technology-powered residential real estate platform, designed to create portfolios of existing single-family rental (SFR) and multifamily housing (MFH). Our proprietary technology allows us to unlock investment access to 98% of the residential market currently being overlooked, at scale and speed. At the same time, we offer better solutions to consumers – empowering homeowners with quick and transparent sales, and providing a next-gen renting experience for our residents to enjoy living in beautiful homes. With technology in our DNA, data is at the heart of decision-making, and we do things sustainably by up-cycling existing properties that are responsibly retrofitted. Among our investors are some of the world’s top venture capital firms. IMMO has been awarded “Tech Pioneer” by the World Economic Forum and has been titled “Real estate asset manager of the Future” by Goldman Sachs. We are 170+ strong with experienced professionals working across our integrated residential ‘value chain’: sourcing and acquisitions, refurbishment, lettings, property management, and portfolio management. Our team includes successful entrepreneurs and industry leaders from WeWork, Goldman Sachs, Roundhill, Morgan Stanley, Barclay, Google, and many others – and we are growing, fast. With a strong track record in some of the toughest European residential markets, we’re now eyeing expansion across the continent, building up our presence in Germany, Spain, and the UK. We’re straightforward, open-minded, creative, and not afraid to challenge the status quo. And we’re looking for talented IMMOrtals to join us in our mission to truly change the way consumers and investors access residential real estate
IMMO exists to solve a fundamental human need: We aim to create and scale a residential ecosystem that is socially-responsible, safe, well-managed and fairly-priced. We’re funded by institutional investors and supported by a diverse, globally distributed with teams in UK, Germany, Spain, and India. To further our mission, we’re looking for a creative problem solvers that would like to develop the next big innovation within the real estate industry.
We believe that the way to create exceptional products is by having diverse talent and creating an inclusive workplace. We encourage people with diverse backgrounds and experiences to join us.
If this opportunity excites you, apply now!