CBRE Group, Inc

Assistant Fund Controller

CBRE Group, Inc • $100K — $110K *
Los Angeles, CA 90011In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 5+ years of relevant experience.
  • Fund (NAV) accounting experience required; real estate exposure preferred.
  • Familiarity with accounting software systems, especially Yardi, preferred.
  • In-depth knowledge of GAAP and FASB regulations.
  • Technical financial skills including knowledge of REIS and IFRS standards.

Responsibilities

  • Prepare, analyze, and review periodic NAV calculations.
  • Ensure accuracy of daily NAV calculations by inputting trading and general ledger activity.
  • Produce fund financial statements and manage investor commitments and accruals.
  • Conduct detailed reviews of monthly property level reports.
  • Assist with treasury and cash management tasks, including posting journal entries.
  • Prepare reconciliations for investments and cash balances.
  • Create investor capital call and distribution notices.
  • Resolve issues to ensure timely handling of internal and external requests.

Benefits

  • Discretionary bonus eligibility based on performance.
  • Opportunity to work in a dynamic, growing environment.
  • Informal coaching and mentorship opportunities for junior staff.
Full Job Description
About The Role:

We are looking for an Assistant Fund Controller for CBRE Investment Accounting & Reporting Solutions, an exciting and growing environment. Contributors in this role assist in meeting client expectations and timeliness by coordinating, preparing, and reviewing fund reporting.

What You'll Do:
  • Prepare, analyze, and review periodic NAV calculations.
  • Input daily trading, general ledger activity, and pricing of funds to ensure accuracy of daily NAV calculation.
  • Produce fund financial statements and other required financial information including investor commitments, asset accrual methodology, and output.
  • Perform detailed review of monthly property level reports.
  • Assist the treasury, cash management, and accounting function of the fund. Post journal entries and money-movement transactions.
  • Prepare investment and position reconciliations and daily reconciliation of cash balances.
  • Prepare investor capital call and distribution notices.
  • Troubleshoot issues to ensure internal and external requests are handled timely, accurately, and with a focus on customer service.
  • Coach junior staff on an informal basis.

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 5+ years of relevant experience required.
  • Experience with fund (NAV) accounting required, with real estate industry exposure preferred.
  • 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.

CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the assistant fund controller position is $100,000 annually and the maximum salary for the assistant fund controller position is $110,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE's applicable benefit program.

About CBRE Group, Inc

CBRE is a vertically integrated global commercial real estate services and investment firm. The company was established in 1992 and is headquartered in Chicago, Illinois, United States.

CBRE Group, Inc Careers

Join the world-class team at CBRE Group, Inc, the global leader in real estate services and investment. At CBRE, we are committed to fostering a culture of innovation, diversity, and professional growth. Our team is composed of industry-leading experts who are passionate about shaping the future of real estate.

Work You’ll Do

At CBRE, you will have the opportunity to engage in transformative projects that reshape the landscape of modern real estate. Our professionals lead with expertise and a deep understanding of industry needs, making CBRE the epitome of excellence in the real estate sector.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a significant impact in the real estate industry, CBRE offers a range of job opportunities and internships that will harness your skills and expand your horizons. From positions in management to roles in research and analytics, your perfect job awaits.

Innovate and Lead

Join a team where innovation and leadership go hand in hand. CBRE empowers its employees to take the lead on projects, encouraging a culture of leadership that permeates every level of the company. With CBRE, you can transform your career trajectory through meaningful work that drives the real estate market forward.

Professional Growth and Development

CBRE is dedicated to the professional growth of its employees. With comprehensive diversity training and leadership development programs, we ensure that every team member has the resources to succeed. Our commitment to professional development is unmatched, offering continuous learning opportunities and career advancement.

Benefits and Culture

At CBRE, we understand that our employees are our greatest asset. That’s why we offer competitive benefits that support both your professional and personal life. Our inclusive culture champions diversity, encouraging a workplace where every voice is heard and valued.

Networking and Career Advancement

Enhance your career through CBRE’s vast networking opportunities. Connect with industry leaders, participate in global conferences, and engage in groundbreaking projects. Our robust networking channels foster connections that lead to dynamic career opportunities and lasting professional relationships.

Join Our Team

Ready to advance your career at CBRE Group, Inc? Explore our current job openings and find out how your skills and interests align with our needs. We are always on the lookout for passionate, creative, and solution-driven team players.

Stay Connected

Keep up to date with the latest from CBRE careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career preferences and discover the exciting opportunities that await.

Apply Now

Start your journey with CBRE today. Submit your resume, prepare for your interview, and get ready to join a company where your career will flourish. Let’s build a better future together.

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At CBRE Group, Inc, we don’t just offer jobs—we offer careers that make a difference. Join us and be a part of our journey to shape the world of real estate.
Learn more about CBRE Group, Inc
Size
105,000 employees
Market Cap
$23.8 billion
Industry
Real Estate & Construction
Net Income
$751.9 million
Founded
1906
5 Year Trend
+9.8%
Revenue
$23.8 billion
NASDAQ
CBRE
* Ladders Estimates

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