Portfolio Manager – Real Estate Funds

Portfolio Manager – Real Estate Funds

Associate / Vice President

Berlin / full-time office based

EUR 90,000 – 105,000 + Bonus

Company Profile:

Our client is an international specialist Real Estate Investment and Asset Manager with offices in Germany, the US, UK and Luxembourg.

For their office in Berlin, we are looking for an experienced Real Estate Funds Portfolio Manager

Main Duties:

• Quarterly preparation of portfolio and Fund performance summary based on specific KPIs and reporting to the Head of / Conducting Officer in charge of Portfolio Management
• Cooperate on a regular basis with the asset management team to report and assess fund performance, with the scope to identify shortcomings and develop strategies to offset losses and drive profitability
• Monitor progress on the business plan for assets under management and prepare GAP analysis on a regular basis
• Prepare updates on deadlines and on specific items and risk areas involving the asset management team
• Maintain records and documentation related to investments, disinvestments and transactions
• Involvement with lawyers and tax consultants in case of questions on restructuring of the investment structure (Fund and SPVs) 
• Support the launch of new Funds/products in close cooperation with OAM structuring department
• Liaise with the legal team to ensure that the investment structures adhere to the industry regulations
• Support the underwriting of i) potential new properties (review of the exposes, preparation of memos, support underwriting, prepare business plan and Excel models) and ii) exit strategies
• Preparation of the DD package/reporting together with the asset management team when acquisitions/sales are to be shared with AIFM/Custodian Bank/Fund Administrator
• Reporting on budgeting deadlines and funding allocations collecting info from the different parties involved 
• Prepare regular cash projection and frequent adjustments 
• Support liquidity management

• Preparation of ad-hoc internal and external Investment Committee memorandum including 
• Activities in teamwork with Finance Team
• Contribute to creating a projections/monitoring tool on the properties and SPVs to better streamline the cash flow projections/needs of the Fund 
• Support to the audit on portfolio management-related matters when needed 

• Support the marketing team on periodic updates on the evaluation of the Funds performance or specific assets and provide data to enable the marketing team to update investors regular (i.e. newsletters, marketing material for existing Funds, ad hoc marketing presentations for events/ meetings with investors/ property tours)
• Prepare short, mid and long-term budgets for existing Funds and prepare the Board approval documentation
• Budget periodic overview with actuals and report gap analysis regularly to the departments involved

Candidate Profile:

• Fluent in both German and English
• University degree in the accounting business, economics or finance
• Advanced degrees or designations such as MBA / CFA or equivalent academic training will be preferred.
• 5 years + Real Estate Funds experience
• Excellent analytical skills