Finance, Assistant Finance Manager, Real Estate, 12 month Fixed Term Contract, Based in Frankfurt (m/f/d)
TiaaOverview of the Role
Financial management of development and investment properties located in Europe
Provide support to the respective Asset & Fund Managers
Close interaction with other Nuveen Real Estate offices globally and assisting with all finance related reporting requirements
Hands on involvement with reporting, cash flow management and process improvement
Support and close collaboration with third party service providers
Main Duties and Responsibilities
Regular:
Supporting the Fund Team acquiring new assets and managing the existing real estate portfolio
Liquidity Management and Performance Measurement of the Funds in cooperation with the service-KVG
Preparing and reviewing reporting to various internal departments (Performance, Treasury, etc.)
Maintaining relationship with external advisors and service providers (i.e. managing agents, service-KVGs, lenders, due diligence advisors)
Supporting in clarifying ad-hoc accounting queries with external property and fund accountants
Develop close working relationship with Fund Manager(s) and Asset Managers
Close interaction with other Nuveen offices globally and assisting with all reporting requirements
Liaising with managing agents and members of the wider Nuveen team to deliver process standardisation and efficiencies
Annually:
Supporting preparation and reviewing of year-end financial statements/ annual reports
Contact for property and transaction related audit and fund accountant queries
Quarterly/ bi-annually:
Preparation and reviewing of investor and bank reporting
Preparation of financial figures for Investor Meetings
Preparation of finance sections for quarterly investment reports
Monthly:
Reviewing the monthly reports prepared by the service-KVG
Liquidity Management and Performance Measurement (ONI-and IRR-Yields) of the Funds in cooperation with the service-KVG
Update of Investors overviews (shares, investment value, drawn capital, outstanding commitment)
Loan covenant monitoring
General:
Supporting interactions with – treasury, fund management, Service-KVG, auditors, managing agents, banks and other 3rd party service providers
Liaising with all parts of Nuveen as appropriate to ensure that all financial and operational matters are dealt with and managed
Technical Skills & Qualifications Required
Qualified accountant (ACA/ACCA/CIMA or equivalent like Bilanzbuchhalter IHK or Assistant tax consultant)
Property and/or Fund experience is desirable
Good knowledge of Excel, Word, Outlook & accounting systems (Yardi experience desirable but not essential)
Knowledge of local accounting standards
Good knowledge in Tax law
English skills
Competencies Required
Result and deadline driven - Use own initiative to identify any problems and deliver solutions
Team player - Close liaison with fund management and other areas of the finance and operations team, as well as external advisers
Communication & presentation - Clarity of presentation of information to internal and external clients/investors as appropriate
Teamwork/Commercial - Support the other members of the Finance team and Fund teams
Act in line with Nuveen Real Estate’s Company Values
Mature and confident, able to deliver against objectives and to manage internal and client relationships
Good analytical, planning and organizational skills
Interested in investment law, real estate funds and transactions
FCA registration required: No
ASIC registration: No
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Company Overview
Nuveen is a global investment leader, managing public and private assets for clients around the world and on behalf of TIAA, our parent company and one of the world’s largest institutional investors. We invest in the growth of businesses, real estate, infrastructure and natural capital, providing clients with the reliability, access and foresight unique to our heritage. Our prevailing perspective on the future drives our ambition to innovate and adapt our business to the changing needs of investors - all to pursue lasting performance for our clients, our communities and our global economy. Visit www.nuveen.com to learn more about us.
Our Culture of Impact
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.
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