Jan 23, 2020
CBRE, is the largest
commercial real estate company in the world and is comprised of several
business lines including leasing services, capital markets, valuations &
advisory services, and property management; with regional and global
capabilities in all major markets around the globe. Within cproperty
management, our CBRE Investment Accounting & Reporting (IA&R) group is
the leader in providing investment managers with vertically integrated
accounting and data solutions, from property through funds.
CBRE IA&R is the only
100% dedicated Real Estate Fund and Property accounting business supporting
Global and Pan-European coordination for clients providing Fund & SPV
Accounting, Investor Reporting and Performance Measurement services to real
estate investment-companies, sovereign wealth funds and other institutional
investors in key financial markets.
Our team of professionals
offer unmatched dedication to real estate. We serve only real estate and have a
history of successfully serving all real estate asset classes; including simple
to complex investment structures.
We have dedicated fund and
investor reporting teams in 18 countries, while also being a part of our global
accounting and reporting operating platform with presence in an additional 41
countries for property accounting services to provide completely integrated
Within CBRE IA&R, you
will be challenged to develop yourself, to extend your knowledge and skills and
to further improve and professionalize various processes within the company.
A senior finance member for
a large size fund or a number of mid-smaller funds or separate accounts.
Manages the work activities of an accounting team. Responsible for oversight
and development of staff. Oversees the accounting and reporting requirements on
fund investments including set up and accounting for complex multi-tier
investment entities. Reviews monthly, quarterly and annual portfolio level
consolidated financial statements and other client reporting. Responsible for
oversight of fund level reporting and coordination of client equity
contributions and distributions. Supports new business initiatives.
Financial Statement &
Reviews and verifies financial information including monthly, quarterly and
annual financial statements for commingled funds and separate accounts prior to
submittal to client and investors. Produces statements and other required
financial information including but not limited to investor funded and unfunded
commitments, asset accrual methodology and output. Provides qualitative
analysis and comments. Maintains shareholder registries. Prepares periodic
financial statements and assists with audit and tax preparation and audit
review. May review the work of junior team members. Manages portfolio budgets,
forecasts and reports for clients/investors.
Completes in an accurate and timely manner.
Monitors financial performance, provides a forward-looking view and strategic
advice to the executive leadership team. Compiles and analyzes detailed data.
Reviews periodic P&L calculations at the fund and investor levels.
Manages and operates the treasury/ cash management function and ensures an
adequate accounting function of the product. Reviews system prepared reports
and supporting schedules for accuracy. Reviews and signs-off on fund level bank
account reconciliations. Assists in discussion with banks and financial
institutions, assist with handling financing arrangements and execution of loan
agreements. Maintains relationships with external parties,
risks and ensures segregation of duties and a suitable control framework is in
New Business Participation
May participate in new business proposals. Manages capital request and
budgeting progress, reviewing new contracts and business opportunities. Manages
financial transactions related to new business proposals. Assists on
structuring investments and raising capital.
May review junior team member's work product, including NAV calculations,
financial packages, to ensure its complete, accurate and timely release to
internal departments and external clients.
Is a contact point for investors. Feeds data for client presentations. May
design and prepare presentations on financials. Reviews/prepares IRR and
Troubleshoots escalated issues and ensures internal and external 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.
Participates and/or leads all aspects of 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.
Participates in the implementation and maintenance of the accounting/reporting
systems. Coordinates and ensures completion of annual audits by required
Works with other internal teams in handling special requirements or projects.
Remains current with changing environment/regulations, responsible for impact
on fund accounting practice.
Performs other duties as assigned
May not have supervisory
responsibilities. If there are direct reports, would support staff in areas of
staffing, selection, training, development, coaching, mentoring, measuring,
appraising and rewarding performance and retention. Leads by example and models
behaviors that are consistent with the company's values.
Degree from a four-year
college or university program with an emphasis in accounting, finance or
related field required. A minimum of six years accounting experience or
equivalent combination of education and experience required. Prior experience in fund level accounting
required with real estate accounting or fund accounting software systems.
Requires prior supervisory
experience and experience with real estate accounting or fund accounting
software systems. Certified Accountant
qualifications in relevant jurisdictions.
Ability to comprehend,
analyze, and interpret complex business documents. Ability to effectively write
reports, manuals, speeches and articles using distinctive style. Ability to effectively respond, verbally and
written, to sensitive issues, complex inquiries or complaints. Ability to make effective presentations on
general topics. Ability to inspire and
motivate employees and client groups to take desired action. Requires a high
level of commitment to customer service, whether co-workers or clients.
Requires in-depth knowledge
of financial terms and principles. Able to forecast and prepare budgets.
Conducts complex financial/business analysis including the preparation of
Advanced technical financial skills and comprehensive knowledge of GAAP, FASB,
REIS, IFRS, and in-region/in-country standards.
Ability to identify and
analyze problems with limited information, then recommend more than one
resolution alternative. Ability to interpret a variety of instructions
furnished in written, oral, diagram or schedule form. Requires advanced analytical
and quantitative skills.
Advance economics, math and
analytical skills and ability to apply them and in the pursuit of diverse
situations. Knowledge of real estate terms, definitions, and real estate
analytical methodology. Knowledge of Company
financial systems as well as internal and external information sources. Advanced knowledge of computer software and
hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple
accounting software applications.
Decisions made with thorough
understanding of procedures, company policies, and business practices to
achieve general results and deadlines. Responsible for setting work unit and/or
project deadlines. Errors in judgment may cause short-term impact to clients
Construction Jobs Inc
Minneapolis, MN, USA