CBRE Group, Inc

Controller

CBRE Group, Inc • $200K — $225K *
New York, NY 10025In-Person
Real Estate & Construction
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance.
  • 10+ years of accounting experience or equivalent education and experience.
  • Prior experience in real estate accounting and analytics.
  • Proven knowledge of GAAP and FASB regulations.
  • Familiarity with real estate terms and analytical methodologies.

Responsibilities

  • Coordinate and review accounting for a portfolio of office properties.
  • Develop relationships with Asset Management and FP&A leaders to enhance communication.
  • Support Property Accounting teams with technical guidance on accounting.
  • Oversee quarterly internal controls, financial reporting, and auditor requests.
  • Facilitate financial close meetings to recommend action items.
  • Manage property and joint venture audit processes for compliance.
  • Provide technical advice and training on accounting systems.

Benefits

  • Opportunities for professional growth and development.
  • Engagement in operational excellence initiatives.
  • Collaborative environment with cross-functional teams.
  • Involvement in special projects and audits with external parties.
Full Job Description
About The Role

As a CBRE Controller, you will be responsible for the coordination and review of the accounting for a portfolio of office properties. Additionally, this position will be a key resource in the review of significant accounting transactions to ensure compliance with GAAP, IFRS as well as Tax requirements and will serve under a management and oversight role in special projects as they arise. The position works closely with other Property Accounting and Regional leaders, business owners, Internal Audit, Company's external auditor, and client's FP & A, Asset Management and Corporate teams.

The Controller will continuously improve policies, processes, systems and controls as part of the CBRE's operational excellence initiatives. This position will report directly to the Senior Controller and additionally to the respective Client Leadership Team for the office property portfolio the Controller oversees.

What You'll Do:
  • Develop business partner relationships with client's Asset Management and FP&A leaders while identifying opportunities to provide services and enhance flow of communication and information with the accounting team. Ensure regular and consistent communication and touchpoints with our client to ensure service performance level expectations are satisfied and maintained.
  • Partner with FP&A to support Property Accounting teams in solutioning issues and providing technical guidance on accounting treatments, processes, and documentation requirements.
  • Support FP&A and AM teams with ad-hoc reporting requests (valuations, financing, tenant audit requests) by acting as the point of contact for the Property Accounting teams.
  • Oversee the quarterly tasks related to internal controls, financial reporting and auditor requests which includes variance analysis and reviewing SOX packages.
  • Facilitate close meetings with Property Accounting teams to review financials and recommend action items.
  • Review balance sheet reconciliations and identify opportunities to improve efficiency and strengthen the reconciliation process.
  • Review corporate-required reporting (e.g., NOI variance analysis, executive summaries etc.).
  • Manage and coordinate the separate property and joint venture audit process to ensure compliance with deadlines.
  • Liaise with the client's Corporate team and External Auditors during Corporate and property audits, including coordination of deliverables, schedules, confirmations, and audit support
  • Review audit financial statement templates and note disclosures.
  • Participate in control walkthroughs and support teams in understanding control responsibilities; identify control weaknesses and recommend remediation actions.
  • Review and approve non-standard/complex journal entries prepared by the team. Review and approve periodic variance reporting for the assigned portfolio.
  • Review and approve cash analysis and check run files. Approve check and wire requests up to approved dollar amounts.
  • Ensure that service standards are met and reported accurately for the assigned portfolio. Calculate CBRE management fee for assigned portfolio
  • Provide technical advice and training on accounting systems.
  • Act as a primary contact for internal and external auditors on accounting matters.
  • Interpret current policies, practices, and plans and implement new operating procedures to improve efficiency.
  • Ensures that systems follow acceptable accounting practices and applicable regulations.
  • Apply deep knowledge of multiple disciplines, broad industry knowledge, and commercial awareness. Drive financial and functional performance within disciplines and across business.
  • Lead by example and model behaviors that are consistent with CBRE RISE values. Negotiate with senior management, customers, and external parties of divergent interests to reach an agreement of strategic importance while being guided by the business segment and the organization's functional strategy.
  • Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and coaching. Oversee the recruiting and hiring of new employees.
  • Coordinate and manage the team's daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department deadlines. Mentor and coach as needed.
  • Conceptualize new methods, techniques, processes, and standards across job disciplines or functions.
  • Direct the resolution of highly complex or unusual business problems by applying advanced critical thinking.

What You'll Need:

To perform this job successfully, one should be able 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 functions.
  • Bachelor's degree in accounting or finance and 10+ years accounting experience, or equivalent combination of education and experience required.
  • Prior experience in real estate accounting and analytics required.
  • Requires proven knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an understanding 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.

CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the controller position is $200,000 annually and the maximum salary for the controller position is $225,000 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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