Real Estate Accounting Manager

Job ID

164924

Posted

14-May-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Accounting/Finance

Location(s)

Bloomington - Minnesota - United States of America

About The Role:

As a CBRE real estate accounting manager, you will manage a real estate accounting team to provide accurate and timely client reporting for assigned portfolios of CBRE clients and properties. Implements processes to ensure compliance with reporting requirements. Reviews and certifies accuracy of all financial reports issued by accounting team!

What You'll Do:

• Reviews staff work product, including financial packages, to ensure its complete, accurate and timely release to internal departments and external clients.

• Troubleshoots called out issues and ensures customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication.

• Verifies and ensures accounting team's debt, real estate tax, sales tax and owner distribution payments are made timely and internal databases are updated and maintained accordingly.

• May assist with internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement and scope of services in the Financial Services Agreement.

• Identifies and communicates scope of service changes to manager and team. Recommends opportunities to manager based on knowledge of the department's pricing platform. Reviews monthly pricing worksheets and may enter allocations into PeopleSoft.

• Reviews the Corporate A/P and CBRE Tech A/R reports to ensure reconciliations are completed and reviewed by their team. Ensures open issues for the team are resolved.

• Partners with field and account management teams to ensure they have an understanding of team's client Management Agreements and that they are properly maintained per department policy and requirements/terms. Ensures team managers are reviewing management fee calculations to be in accordance with the current Management Agreement.

• May review budgets and annual year-end recovery calculations to ensure timely completion.

What You'll Need:

• To perform this job successfully, you'll 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 the job duties.

• Degree from a four-year college or university program with an emphasis in accounting or finance required. In lieu of a Bachelors degree, an associate degree plus 2 years related work experience, or a high school diploma plus 4 years demonstrated experience.

• Requires sophisticated knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts sophisticated financial analysis.

• Ability to solve problems and deal with a variety of options in varying situations. Requires sophisticated analytical and quantitative skills.

• Decisions made with detailed understanding of procedures, company policies, and business practices to achieve general results and goals. Responsible for setting work unit and/or project timelines. Errors in judgment may cause short-term impact to department.

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 recruitingaccomodations@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)