About The Role:
CBRE's Investment Accounting & Reporting Solutions group is seeking a Design & Construction Senior Controller to join a collaborative team focused supporting a portfolio of clients. This role is responsible for leading a team of Controllers and Assistant Controllers who create real estate accounting transactions and the production of the various resulting financial reports and statements for development projects.
What You'll Do:
· Review assigned work product, including financial packages and workpapers, to ensure complete, accurate, and timely delivery.
· Adhere to Client Accounting Policies and Procedures (CAPP).
· Review and create complex property budgets and forecasting.
· Participate in new property and client transitions, and client audit requests.
· Communicate requests for additional services to senior management and understand the scope of accounting services for the properties in portfolio.
· Prepare and oversee advanced financial statement packages, including creating and posting journal entries, ensuring cash receipts and expense payables are recorded, preparing and submitting funding requests, preparing and submitting owner's distributions, and other transactions.
· Oversee the preparation of development cost reports in PM Web.
· Ensure contracts and change orders on projects are properly maintained in PM Web.
· Work with project executives to update and review anticipated project costs, including monthly variance report.
· Reconcile PM Web development cost reports to general ledger and loan draws.
· Oversee the preparation of funding requests.
· Manage the payment or rejection of development fees, payroll, and reimbursables. Manage cash balances.
· Assist in the preparation of financial reporting.
· Oversee projects including purchase/sale pro rations, property software setups, opening/closing entry generations, and maintenance of Policy & Procedure manuals.
· Resolve and respond to escalated issues and requests, including answering questions regarding various accounting issues and reports.
· Partners with the field and Account Management teams to ensure requirements and terms of the client's Management Agreement are adhered to based upon working knowledge of these agreements.
· Coordinate work with other team members within single point-of-contact (SPOC) guidelines.
· Troubleshoot issues to ensure internal and external requests are handled timely, accurately, and with a focus on customer service.
· Mentor and provide training and guidance to team members.
· Provide assistance such as technical guidance to coworkers.
· May coordinate and assign tasks to coworkers within a project.
· Support internal and external audits, providing required 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 transition of new scopes of work.
What You'll Need:
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
· Bachelor's degree and 8+ years of relevant experience required.
· Experience with development level accounting, including preparing and reviewing workpapers, required.
· Experience with accounting software systems such as Yardi preferred.
· Knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP).
· Technical financial skills and knowledge of GAAP, FASB, REIS, IFRS, and in-region/in-country standards where applicable.
· Ability to manage multiple deadlines in a fast-paced, client-focused environment.
· Strong proficiency in Microsoft Office applications, including Word, Excel, Outlook, and related tools.
· Excellent communication skills and the ability to partner with clients and cross-functional teams.
· Strong quantitative skills, with the ability to perform 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. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values-respect, integrity, service, and excellence-and we value the diverse perspectives, backgrounds, and skillsets of our people. At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.
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)
