Senior Accountant, Client Accounting

Cabot Properties is an institutional investor, developer, and operator of logistics real estate. As an industry leader for over 30 years, we have used our expertise and acumen to create ongoing value for our partners. Cabot has a strong team of dedicated, bright, strategic, and detail-oriented individuals. We view people as our most valuable assets, and our greatest responsibility. Come join us.

We have an exciting opportunity for a Senior Accountant in our Amsterdam office.  They will need to be organized and exercise good judgment in a variety of situations, with strong communication, interpersonal and financial skills, and the ability to maintain a realistic balance among competing priorities. The person in this position must maintain the highest level of confidentiality and diplomacy regarding all Cabot Properties, L.P. and Cabot Properties, Inc. information.

Duties and Responsibilities may include but are not limited to: 

• Responsible for accurate statutory reporting of our European property-holding companies
• Coordinate regulatory filings related to the property-holding companies owned by Cabot-managed private real estate Funds and/or Separate Accounts
• Maintaining VAT compliance standards at European level
• Coordinating and reviewing VAT filings for European entities
• Coordinating the process of filing annual accounts according to local GAAP (Netherlands, United Kingdom, Luxembourg and Germany)
• Assisting in the preparation of monthly cash forecasting reports for assigned European property-holding companies
• Reviewing invoices processed through internal systems to ensure coding is accurate and consistent with internal policies, and meets all applicable compliance requirements
• Maintaining the accounting and compliance with external loans and internal shareholder loans of the property-holding companies
• Assist in periodic cash repatriation to US-based holding companies and work with the Vice President of Client Accounting and applicable trustees to ensure cash repatriation is tax efficient and preceded with proper documentation is prepared for any distributions/returns of capital
• Serving as primary point of contact between European Cabot offices and third-party accounting firms involved in Cabot’s portfolio, including, but not limited to, monitoring emails and communications, addressing queries, and/or elevating matters internally, as applicable
• Reviewing third party manager’s quarterly reports for the European property-holding companies to ensure compliance with Cabot’s property accounting policy and procedures
• Working closely with our third-party accounting firms to address accounting issues, reconciling items and maintaining clean accounting ledgers
• Reviewing third-party manager’s property management fee billings charged to European property-holding companies
• Other duties as directed by the Vice President of Client Accounting

Qualifications and Experience Requirements:

• Bachelor’s Degree in Accounting, 5-7 years of experience in Property Management Accounting and Portfolio, Property Management software experience on a PC (i.e., MRI, Yardi, Timberline or Skyline) required
• Prior preparation of property-holding company financial statements in accordance with regulatory standards and local GAAP (e.g. UK GAAP, Dutch GAAP, German GAAP, IFRS)
• Experience with US GAAP, while not required, is beneficial as the European property-holding companies ultimately consolidate underneath US GAAP private real estate Funds and/or Separate Accounts.
• Highly proficient with Microsoft Office Suite (Excel, PowerPoint, Word and Outlook)
• Fluency in English required. Fluency in Dutch, German and/or Frech desirable
• Strong interpersonal skills with the ability to work with all members of the organization
• Self-motivated, high attention to detail, ability to multi-task and prioritize in a fast-pace environment
• High level of professionalism and demonstrated ability to maintain confidentiality as required and appropriate

 Physical/Mental/Visual Demands and Work Environment:

• The job is conducted in an office work environment, sitting most of the time and using a computer approximately 90% for this position’s duties
• The schedule is hybrid, requiring a minimum of 2 days in the local office
• Occasionally travel to other Cabot offices, including Boston headquarters

The work environment characteristics described above are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Cabot Properties provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, pregnancy, disability or genetics.