Job Information
CBRE Property Accounting Controller in Chicago, Illinois
Property Accounting Controller
Job ID
192938
Posted
14-Nov-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Accounting/Finance
Location(s)
Chicago - Illinois - United States of America
Are you ready to start an exciting career with CBRE?
About The Role:
We are looking for a Property Controller for CBRE Investment Accounting & Reporting Solutions, an exciting and growing environment. Contributors in this role assist the team in coordinating financial reporting and analytical review of the property owner entities.
What You'll Do:
Produce historical cost, fair value, and tax basis financial reporting packages (such as work-papers) and other required financial information and analytics for all property related entities.
Work with client’s auditors for interim and year end audits; draft annual audit reports.
Compile, analyze, and track financial data by performing detailed review of monthly property owner reports such as: operating statement variance reports, aged receivables, aged payables, and capital expenditures variance to budget.
Support the daily activities of cash management, such as: preparing monthly bank reconciliations, reviewing cash balances, preparing capital calls or loan draws, preparing distribution waterfalls, managing cash security deposits, and ensuring fees payable to management company are accurately calculated and paid timely.
Review lease abstracts and lease recurring charge set up.
Troubleshoot issues and ensure requests are handled timely, accurately, and with a focus on customer service.
May support junior team members and provide technical guidance or training to others.
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 in accounting or finance and 7+ years of accounting experience or an equivalent combination of education and experience is required.
Prior experience in real estate accounting and analytics is preferred.
Communicates clearly and concisely. Should have fluent written and verbal interpersonal skills.
Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including proven knowledge of financial terms and principles to include accounting methods: cash, accrual, fair value, and GAAP.
Knowledge of real estate terms, definitions, and real estate analytical methodology.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on our RISE (https://www.cbre.com/about-us/culture-and-history) values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
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).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
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