At a Glance
- Tasks: Lead the European Treasury function, managing cash flow and banking relationships.
- Company: Join Realty Income, a top S&P 500 real estate investment trust with a global portfolio.
- Benefits: Enjoy dynamic career growth opportunities and a commitment to diversity and inclusion.
- Why this job: Be part of a rapidly expanding company making a positive impact on communities.
- Qualifications: Bachelor's degree in Finance or related field; experience in REIT or commercial real estate finance preferred.
- Other info: Accessibility support available for applicants needing accommodations.
The predicted salary is between 54000 - 84000 £ per year.
O), an S&P 500 company, is real estate partner to the world\’s leading companies. Founded in 1969, we invest in diversified commercial real estate and have a portfolio of 15,600 properties in all 50 U.The European portfolio including the UK which has grown significantly since our first international acquisition, a £429m 12-property portfolio from Sainsbury\’s in 2019. In just five years the portfolio now includes investments of over €11bn, and 483 distinct properties. You will be joining one of the largest Real Estate Investment Trust in the world as we rapidly expand into the UK and European markets, including moving into new offices at 3 St. This opportunity will empower your career, allowing you to take on additional responsibility and challenges, whilst developing and broadening your experience; with dynamic opportunities for career growth as the company expands. The Director of Treasury, Europe will be primarily responsible for the company\’s European Treasury function ensuring the maintenance of good banking relationships, accurate reporting and forecasting of cash requirements, mitigating cash management and default risk, timeliness of loan repayment, and coordinating with the acquisition/disposition of properties that require accurate cash flow tracking and recording. Additionally, the Director of Treasury, Europe will support daily wire activity, forecasting cash requirements, and keeping corporate funding and banking costs low. Treasury and Cash Management Liaise with and support the Head Office Treasury function (based in the US) to ensure the group conforms to corporate reporting requirements and expectations of the region\’s operations, supporting Realty Income\’s growth objectives for Europe. Develop and lead the European Treasury function, ensuring the maintenance of good banking relationships, accurate reporting and forecasting of cash requirements, and implementation of corporate hedging strategy. Lead the region\’s cash and liquidity management operations. Including the day-to-day management of commercial transactional banking relationships, consolidated cash forecasting, and preparation of cash reports, including maintenance of a database of debt-related facilities. Monitor the use and performance of capital across the region and, along with the Head of Finance, Europe, contribute to senior management meetings to ensure that returns are optimized. Review and appraise Credit/Risk Committee papers for the European region in relation to investment projects, bonds, and guarantees to ensure that corporate guidelines are adhered to. Establish/Develop Realty Income\’s FX hedging program in Europe, ensuring strict governance, monitoring, reporting, and cost-effectiveness. Assist and contribute to the development of improved treasury policies, processes, and practices across the region\’s finance activities and ensure strong communication across functions and continents. Support the accounting function (AP/AR/Payroll/Banking), ensuring all transaction processing and reporting are carried out accurately, promptly, and efficiently. Assist in ad hoc queries and requests from the Head Office and the European Finance function. Suitable work experience with emphasis in REIT or commercial real estate finance industry. Strong technical and analytical skills, ideally with \’hands-on\’ knowledge of property financial/Treasury reporting (incl. property-owning entities, deal structures, project/development financial control, operational portfolios, etc.). Working knowledge of REIT industry-specific financial and operating metrics used to gauge and compare performance preferred, such as FFO, AFFO, and occupancy. Knowledge of software, including Kyriba, Yardi, Yardi PayScan, Chatham Financial (debt management), Bank of America CashPro, Wells Fargo CEO, and JPMorgan Access, would be an advantage. Experience in commercial banking, CMBS lending, or other corporate treasury-related functions preferred. Strong leadership qualities, experienced in managing teams and developing and motivating individuals to maximise the whole team\’s capabilities. Experience in Functional financial acumen (e.g., ability to understand financial statements, interpret key financial performance metrics, and conduct strategic financial analysis and modelling). Ability to effectively present information to senior leadership and executives. Bachelor\’s degree in Finance, Accounting, or Business Administration or equivalent work experience. CFA or Certified Treasury Professional designation preferred. We do this by nurturing long-term, meaningful relationships that enable people to achieve a better financial outlook. We understand that when individuals succeed financially, they are able to provide for their families, support local businesses and pursue their greatest ambitions-creating a lasting positive impact on communities. Realty Income is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact [email protected], or call 800-375-6700. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job. #
Director of Property Management (Permanent) employer: Realty Income
Contact Detail:
Realty Income Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Property Management (Permanent)
✨Tip Number 1
Network with professionals in the real estate and treasury sectors. Attend industry events, webinars, or local meetups to connect with individuals who may have insights into the company or the role. Building relationships can often lead to referrals or insider information that could give you an edge.
✨Tip Number 2
Familiarise yourself with the specific software mentioned in the job description, such as Kyriba and Yardi. Consider taking online courses or tutorials to enhance your skills in these tools, as demonstrating proficiency can set you apart from other candidates.
✨Tip Number 3
Stay updated on current trends in the REIT and commercial real estate finance industries. Understanding market dynamics and recent developments will not only help you in interviews but also show your genuine interest in the field and the company.
✨Tip Number 4
Prepare to discuss your leadership experience in detail. Think of specific examples where you've successfully managed teams or projects, as this role requires strong leadership qualities. Being able to articulate your approach to team development and motivation will be crucial.
We think you need these skills to ace Director of Property Management (Permanent)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in real estate finance and treasury management. Use specific examples that demonstrate your technical and analytical skills, particularly in relation to REITs and commercial real estate.
Craft a Compelling Cover Letter: Your cover letter should reflect your understanding of the company's growth objectives in Europe. Discuss how your leadership qualities and experience in managing teams can contribute to their expansion plans.
Highlight Relevant Qualifications: Clearly state your educational background, especially if you have a degree in Finance, Accounting, or Business Administration. Mention any certifications like CFA or Certified Treasury Professional that are relevant to the role.
Showcase Your Technical Skills: Include any experience with software tools mentioned in the job description, such as Kyriba or Yardi. This will demonstrate your readiness to handle the technical aspects of the role effectively.
How to prepare for a job interview at Realty Income
✨Understand the Company and Its Portfolio
Before your interview, take the time to research Realty Income and its extensive portfolio. Familiarise yourself with their recent acquisitions and growth in the UK and European markets. This knowledge will demonstrate your genuine interest in the company and its operations.
✨Showcase Your Technical Skills
As a Director of Property Management, you'll need strong technical and analytical skills. Be prepared to discuss your experience with property financial reporting and treasury functions. Highlight any specific software you’ve used, such as Kyriba or Yardi, to show you’re well-equipped for the role.
✨Prepare for Leadership Questions
Expect questions about your leadership style and experience managing teams. Think of examples where you've successfully motivated individuals or improved team performance. This will help illustrate your capability to lead the European Treasury function effectively.
✨Demonstrate Financial Acumen
Be ready to discuss financial statements and key performance metrics relevant to the REIT industry. Prepare to explain how you would approach strategic financial analysis and modelling, as this is crucial for the role. Showing your understanding of FFO and AFFO will set you apart.