The Property Finance Team responsibility ranges from managing external property accountants and other service providers, preparing and reviewing the monthly and annual accounts on property level to regular finance related tasks like budget vs. actual analysis, cash management, external reporting etc. The Property Finance Team cooperates and collaborates with internal departments, fund and asset management teams as well as various external business partners (e.g. AIFM platforms, property managers etc.) and manages a portfolio of c. 80 properties totalling to c. €3bn invested in retail, logistics and mixed use sectors across Germany and continental Europe. K ey responsibilities will include: Financial management of development and investment properties located in Europe Support to the respective Asset & Fund Managers, KVGs, auditors, corporate accountants etc. Close interaction with other Nuveen Real Estate offices globally and assisting with all property related reporting requirements Hands on involvement with reporting, cash flow management and process improvement Providing support on indirect management and oversight of third party service providers (e.g. Managing Agents) Main Duties and Responsibilities: Annually: Preparation of year-end financial statements and preparation of year-end reports on property level Main point of contact for property related audit queries Manage tax compliance process and adherence on property level Review of annual service charge reconciliations Quarterly: Support on the preparation of finance sections for quarterly investment reports to investors and for fund performance as well as risk and compliance steering Preparation of quarterly liquidity requests (cash flow management) Monthly: Month End Close management and coordination Control and review of balance sheet and P&L accounts on property level (i.e. rent and service charge reconciliations, reviewing bank reconciliations and bad debt assessment, posting accruals/deferrals, variance analysis on rental income and expenses, account reconciliation and clearing) Supporting on a smooth technical interface to the clients accounting system for both accounting and tenancy master data Calculation of VAT deduction level by property VAT reconciliation by property Monthly quality review, management and reporting of correct tenancy master data maintenance on MRI Ongoing: Day to day accounting issues Liaising with managing agents and members of the wider Nuveen Real Estate team to deliver process standardisation and efficiencies Preparing and reviewing reporting to various internal departments (Performance, Treasury, etc.) Clarify ad-hoc accounting queries with external property and fund accountants Close interaction with other Nuveen Real Estate offices globally and assisting with all reporting requirements Ensure 4-Eye-Review where applicable for important, complicated reports and analysis and preparation and ongoing update and maintenance of process descriptions General: Additional ad-hoc project work will be required Invoice approvals Cash management Ad-hoc queries Assist with due diligence work on investment/divestment activity Support on IT projects Technical Skills & Qualifications Required: Qualified accountant (ACA/ACCA/CIMA or equivalent like Bilanzbuchhalter IHK or Assistant tax consultant) Property and/or Fund accounting experience Good knowledge of Excel, Word, Outlook & accounting systems (MRI experience desirable) Working knowledge of local accounting standards Good knowledge in tax law is desirable Fluent German and English skills are essential Competencies Required: Good analytical, planning and organizational skills Customer focused and self-organized Team player - close liaison with fund management and other areas of the finance and operations team, as well as external advisers Good communication skills Teamwork/Commercial - Support the other members of the Finance team and Fund teams Act in line with Nuveen Real Estate’s Company Values (role model) This role requires no regulatory designation. Nuveen is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace. Nuveen offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. Please contact ta@nuveenglobal.com should you require any assistance. Related Skills Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling _____________________________________________________________________________________________________ Company Overview Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com Accessibility Support TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: Phone: (800) 842-2755 Email: accessibility.support@tiaa.org Privacy Notices For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here. For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here. For Applicants of TIAA Global Capabilities, click here. For Applicants of Nuveen residing in Europe and APAC, please click here .