Thursday, 12 December 2013

1896039
GE Capital
Capital - Real Estate
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Experienced
Finance
Controllership
United Kingdom
London
W6 8BJ
No
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. GE Capital Real Estate UK comprises a 50-member professional team that originates GE’s lending in the commercial real estate market and manages a debt and equity portfolio of over $4BN. The business is based at GE Capital’s UK headquarters at The Ark in Hammersmith.
In this role, you will work within the finance team to manage key treasury controllership risks, ensure accurate accounting and reporting, and support the significant transactions of the business leveraging the broader team as required.

Your responsibilities will include:

Team management
• Managing outsourced resource team of 3 based in India who supports the treasury accounting processes

Deal Support/lifecycle management
• Structure new funding for acquisitions, and repayment of existing funding for dispositions
• Responsible for the 3rd party bank funded real estate investments, including preparation & presentation of management accounts to board of directors, joint venture partners and external lenders
• Prepare cashmaps for all significant funds flow, co-ordinate approvals within the business any beyond
• Co-ordinate significant funds flows with corporate treasury operations team
• Assist in projects to optimize the group cash and funding position

Legal Loan Accounting
• Maintain the $4B legal funding structures of real estate investments in the UK
• Work with Tax, and Corporate Treasury to effect drawdowns, repayments, interest settlements
• Ensure all accounting aspects of intercompany loans completed monthly/quarterly

Support tax processes
• Work closely with UK tax team to ensure compliance with Thin Capitalization and Arbitrage requirements
• Work with tax to ensure appropriate transfer pricing on loans between group entities, and services between group companies

Core Accounting processes
• Review monthly/quarterly account reconciliations
• Ownership of several key UK entities for UK GAAP statutory reporting process, as well as US GAAP reporting
• Work with the Assistant Controller to ensure compliance with US, regulatory, and SOX reporting requirements
• BA/BS or equivalent
• ACA/CPA or equivalent
• +3 years of finance and accounting experience
• Treasury accounting experience preferred
• Experience of dealing with technical accounting issues and liaising with technical experts
• Track record of owning processes and driving change
• Customer centric
• Ability to multi-task and work outside of comfort zone
• Proven ability to work effectively under pressure & meet deadlines
• High energy level, self starter
• Strong analytical skills
• Excellent interpersonal, communication & listening skills

Eligibility Requirements
You MUST submit your application for employment through COS to be considered for this position
Must be eligible to work in UK

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