We offer an opportunity you simply won't find anywhere else. In less than four years, Mileway has grown into Europe's leader in last mile logistics real estate, with a 450-plus team across more than twenty offices in ten countries.
Mileway, a Blackstone company, is the largest owner of last mile logistics real estate assets in Europe. We have a pan-European footprint, with approximately 1,700 assets across eight major European economies. Core markets of the UK, Germany, the Netherlands and France represent over 80% of the portfolio, with a growing presence in the Nordics and Southern Europe. The business is headquartered in London, and has a dedicated team of over 400 staff, with a local presence in each market. To support its Investment Accounting team, Mileway is currently hiring a Senior Accountant.
Our Mileway Investment Accounting team, organised by country teams following jurisdictions where logistics assets are held, is responsible for the day to day accounting operations and compliance of a large portfolio of real estate entities and investments (property and holding companies) in Europe.
This specific position operates in the team dedicated to the accounting management of a portfolio Real Estate assets and entities. Given the high volume and dynamism in the portfolio the role requires the successful candidate to be proactive and highly organized. As part of your role, not only you will have to interact with your accounting teammates but also with other departments (legal and compliance, accounts payable, treasury, controllership, FP&A ...) thus requiring good coordination skills. This is a great opportunity to learn about many aspects of Mileway business and operations as we grow and develop in a fast-paced environment.
What you'll do
1. Accounting
• Liaise with property managers and ensure accuracy of all bookings including reconciliation of rental income to rent rolls, review of all service charge costs and income and accurate allocation of non-recoverable property costs.
• Take care of day to day accounting for PropCos and HoldCos including, bank reconciliations, invoice review, monthly accruals, depreciation, etc.
• Take care of maintaining supporting schedules: accruals for both property and entity level, depreciation and amortization schedules, etc.
• Assist in preparation of periodic VAT returns.
• Ensure accurate recording of all local, IFRS and Group GAAP adjustments.
• Respect periodic closing process timelines.
• Assist with consolidations and sub-consolidations.
• Coordinate and help in the preparation ofstand-alone financial statements.
• Provide intercompany reconciliations and regular intercompany settlements where applicable.Contribute to the interim and final group audit process and statutory when required, ensuring completion on a timely basis.
2. Cash Management
• Liaise with Treasury team to help ensuring adequate and consistent funding within the different structures
3. Asset Management, Acquisitions & Sales Support
• Support asset management team with ad hoc financial information / analysis as required.
• Support in monitoring operating budgets, liquidity and cash management for investments.
4. Process improvement
• Assist with continuous improvement initiatives for all financial reporting processes and suggest (or even participate in) Yardi enhancements.
What you'll bring
• University degree in Accounting/Finance (ACCA or equivalent is an asset)
• Min 6-7 years of work experience in a similar field
• Real estate / Property Accounting exposure needed
• Good knowledge of Lux GAAP (IFRS considered as an asset)
• Proficiency with MS Office standard applications.
• Yardi Voyager experience a plus
• Fluent in English and good command of French. Any other language would be considered as an asset
• Dynamic personality with a can do and hands on attitude
• Solution oriented approach/ problem-solving ability
• High sense of organization
• Detail oriented while constantly viewing the big picture
• Ability to handle and prioritize a wide variety of situations and challenges
• Ability to work independently but also be an excellent team player
• Curiosity and enthusiasm for business related matters with a strong desire to learn and support
• Manages stress well and uses it as a positive motivator
• High energy level; exhibits positive attitude, flexibility
• Sense of ownership, accountability and urgency
• Good communication skills (written and verbal)
• Ability to deal efficiently with people at different level of hierarchy
Our mission is to be the most customer and environment focused last mile real estate company in Europe, creating space for businesses to grow sustainably. To get there, we live our values: Drive, Trust, Grow, Together.