Senior Fund Accounting Controller

at  CBRE

Posted
21-Mar-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Accounting/Finance
Location(s)
Bloomington - Minnesota - United States of America
Are you ready to start an exciting career with CBRE?
About The Role:
We are looking for a Senior Fund Controller for CBRE Investment Accounting & Reporting Solutions, an exciting and growing environment. Contributors in this role assist the Director in coordinating fund reporting by working collaboratively to prepare and review deliverables according to client expectations.

What You’ll Do:

• Review NAV calculations and financial packages for completion and accuracy.
• Produce, review, and verify financial information including financial statements for commingled funds and separate accounts, providing qualitative analysis and comments.
• Prepare financial statements and assist with audit and tax preparation and review.
• Handle portfolio budgets, forecasts, and reports for clients and investors.
• Monitor financial performance and provide strategic advice to the leadership team.
• Review periodic P&L calculations at the fund and investor levels.
• Handle the treasury and cash management function.
• Review system prepared reports and supporting schedules for accuracy.
• Review and sign-off on fund level bank account reconciliations.
• Assist with financial institutions, handling financing arrangements and execution of loan agreements.
• Serve as contact point for investors.
• Maintain shareholder registries and provide data for presentations.
• Troubleshoot issues and ensure requests are handled timely and accurately.
• If assigned direct reports, support in areas of staffing includes selection, training, development, coaching, mentoring, appraising, rewarding performance, and encouraging retention.

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 9+ years fund 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 such as Yardi preferred.
• Proven technical skills and expertise with GAAP, FASB, REIS, IFRS, and regional standards.
• Knowledge of real estate terms, definitions, and real estate analytical methodology.
• Strong coordinative skills and well-developed judgment.

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 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!
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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us 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

What You’ll Do:

• Review NAV calculations and financial packages for completion and accuracy.
• Produce, review, and verify financial information including financial statements for commingled funds and separate accounts, providing qualitative analysis and comments.
• Prepare financial statements and assist with audit and tax preparation and review.
• Handle portfolio budgets, forecasts, and reports for clients and investors.
• Monitor financial performance and provide strategic advice to the leadership team.
• Review periodic P&L calculations at the fund and investor levels.
• Handle the treasury and cash management function.
• Review system prepared reports and supporting schedules for accuracy.
• Review and sign-off on fund level bank account reconciliations.
• Assist with financial institutions, handling financing arrangements and execution of loan agreements.
• Serve as contact point for investors.
• Maintain shareholder registries and provide data for presentations.
• Troubleshoot issues and ensure requests are handled timely and accurately.
• If assigned direct reports, support in areas of staffing includes selection, training, development, coaching, mentoring, appraising, rewarding performance, and encouraging retention

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 9+ years fund 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 such as Yardi preferred.
• Proven technical skills and expertise with GAAP, FASB, REIS, IFRS, and regional standards.
• Knowledge of real estate terms, definitions, and real estate analytical methodology.
• Strong coordinative skills and well-developed judgment