CDI

Senior Financial Controller

Missions

About the company

Paris Realty Fund (PAREF) is a European real estate company listed on Euronext Paris. PAREF operates in two major complementary areas: (i) directly owned assets via PAREF SIIC primarily in offices in the Paris region (€128 Mn asset as at June 30, 2019) and (ii) management on behalf of third parties via PAREF Gestion (€1 656 Mn funds under management as at June 30, 2019), an AMF-certified management company, and PAREF Investment Management (ca. €0.4 Bn under management as of today).

The Group is presents in France, Germany, Italy and Switzerland.

 

Job description

Context: PAREF is present through its subsidiary PIM Italy in Milan and currently manages one of the largest redevelopment project inner Milan “The Medelan” (55 000 sqm, mix-used asset) for a large institutional investor. The Group intends to grow its activity of asset, project and property management in Italy for both retail and institutional investors.

The Group is looking for a senior financial controller position, based in Milan, and reporting directly to the Group Head of Corporate Finance. This position will cover the following main responsibilities:

 

Controlling:

  • Responsible for the annual budget of Italian development projects, funds and local platform
  • Perform follow-up along the year and provide monthly reporting (variance analysis and overall management of the budget)
  • Implement KPIs on project/funds/platform
  • Provide financial information required by reglementary reporting and reporting package for presentation to the Senior Management (financial reporting and business KPIs)
  • Optimize and reinforce existing internal process (purchase request and validation, payment process, etc.)

 

Accounting/Tax:

  • Oversee the accounting closing process with external accountant (on a monthly basis) and ensure the accuracy and availability of financial statements for Group consolidation
  • Coordinate audits and appropriate tax preparations

 

Financing & treasury:

  • Participate with the Group Head of Corporate Finance to all financing, bank relations for all investments in Italy (bank account, credit lines, hedgings…)
  • Maintain the link with banks for daily operations
  • Conduct cashflow forecasts to ensure operational activities and cover needs

 

Acquisition:

  • Be a partner for the acquisitions (contribute to the business plan elaboration, deal structuring for investment decision-making…)
  • Coordinate between internal team members and external advisors along the acquisition process, notably due diligence, closing, etc.

 

Requirements

  • Graduated from a top university or business school with a Master degree specialized in Finance, Economics or related disciplines
  • At least 5 years’ work experience in a finance related position (i.e. financial controlling, audit, etc.)
  • Knowledge in real estate sector
  • Good team player, self-initiated, with strong analytical and communication skills
  • Good mastery of office pack, especially Excel and PowerPoint
  • Fluent in Italian and English is a must. French speaking is a plus
Postuler
Milan, Italy