About The Role:
CBRE's InvestmentAccounting & Reporting Solutions group is seeking a Design &Construction Senior Controller to join a collaborative team focused supportinga portfolio of clients. This role is responsible for leading a team ofControllers and Assistant Controllers who create real estate accountingtransactions and the production of the various resulting financial reports andstatements for development projects.
What You'll Do:
· Review assigned work product, includingfinancial packages and workpapers, to ensure complete, accurate, and timelydelivery.
· Adhere to Client Accounting Policies andProcedures (CAPP).
· Review and create complex property budgets andforecasting.
· Participate in new property and clienttransitions, and client audit requests.
· Communicate requests for additional services tosenior management and understand the scope of accounting services for theproperties in portfolio.
· Prepare and oversee advanced financial statementpackages, including creating and posting journal entries, ensuring cashreceipts and expense payables are recorded, preparing and submitting fundingrequests, preparing and submitting owner's distributions, and othertransactions.
· Oversee the preparation of development costreports in PM Web.
· Ensure contracts and change orders on projectsare properly maintained in PM Web.
· Work with project executives to update andreview anticipated project costs, including monthly variance report.
· Reconcile PM Web development cost reports togeneral ledger and loan draws.
· Oversee the preparation of funding requests.
· Manage the payment or rejection of developmentfees, payroll, and reimbursables. Manage cash balances.
· Assist in the preparation of financialreporting.
· Oversee projects including purchase/sale prorations, property software setups, opening/closing entry generations, andmaintenance of Policy & Procedure manuals.
· Resolve and respond to escalated issues andrequests, including answering questions regarding various accounting issues andreports.
· Partners with the field and Account Managementteams to ensure requirements and terms of the client's Management Agreement areadhered to based upon working knowledge of these agreements.
· Coordinate work with other team members withinsingle point-of-contact (SPOC) guidelines.
· Troubleshoot issues to ensure internal andexternal requests are handled timely, accurately, and with a focus oncustomer service.
· Mentor and provide training and guidance to teammembers.
· Provide assistance such as technical guidance tocoworkers.
· May coordinate and assign tasks to coworkerswithin a project.
· Support internal and external audits, providingrequired documentation and explanations.
· Ensure adherence to CBRE's IA&R standards,SOX compliance (if applicable), and client-specific policies.
· Drive improvements in accounting procedures,reporting automation, and workflow efficiencies.
· Support onboarding of new clients and transitionof new scopes of work.
What You'll Need:
To perform thisjob successfully, an individual will need to perform each crucial dutysatisfactorily. The requirements listed below are representative of theknowledge, skill, and/or ability required. Reasonable accommodations may bemade to enable individuals with disabilities to perform essential functions.
· Bachelor's degree and 8+ years of relevantexperience required.
· Experience with development level accounting, includingpreparing and reviewing workpapers, required.
· Experience with accounting software systems suchas Yardi preferred.
· Knowledge of Generally Accepted AccountingPrinciples (GAAP) and Financial Accounting Standards Board (FASB) regulationsincluding knowledge of financial terms and principles to include accountingmethods (cash, accrual, and full GAAP).
· Technical financial skills and knowledge ofGAAP, FASB, REIS, IFRS, and in-region/in-country standards whereapplicable.
· Ability to manage multiple deadlines in a fast-paced,client-focusedenvironment.
· Strong proficiency in Microsoft Officeapplications, including Word, Excel, Outlook, and related tools.
· Excellent communication skills and the abilityto partner with clients and cross-functional teams.
· Strong quantitative skills, with the ability toperform moderately complex financial calculations such as percentages,fractions, and related numerical analyses.
Why CBRE
When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. Weare dynamic problem solvers and forward-thinking professionals who createsignificant impact. Our collaborative culture is built on our sharedvalues-respect, integrity, service, and excellence-and we value the diverseperspectives, backgrounds, and skillsets of our people. At CBRE, you have theopportunity to chart your own course and realize your potential. We welcome allapplicants.
Our Values in Hiring
At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.
Disclaimers
Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
Applicant AI Use Disclosure
We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage serving, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
