Cushman & Wakefield

Financial Manager

Cushman & Wakefield$93K — $110K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Four-year degree in Business or Accounting preferred.
  • 5+ years of accounting experience, with 3+ years in real estate industry.
  • Strong lease administration skills essential.
  • Proficient in Microsoft Office, SAP, Yardi Voyager, and other related software.
  • Excellent computer skills required.

Responsibilities

  • Review and approve all accounts payable batches for the property.
  • Monitor bank cash balances for funding decisions.
  • Coordinate check processing with the national group.
  • Prepare payroll entries and client invoices.
  • Review and approve lease abstracts and bank reconciliations.
  • Perform month-end adjustments and prepare financial reports.
  • Assist with annual operating budget creation using Kardin software.

Benefits

  • Health, vision, and dental insurance options.
  • Flexible spending accounts and health savings accounts.
  • Retirement savings plans available.
  • Life and disability insurance programs offered.
  • Paid and unpaid time off.
Full Job Description
Job Title
Financial Manager

Job Description Summary
The Financial Manager will ensure the protection and control of client's assets as they pertain to assigned property by following client's procedural policy on the recording and approving of transactions as well as the full reporting of financial results. The assigned property will include demanding reporting requirements. This position will also review and approve postings, batches and invoices before processing as well as prepare accounts payable and receivable invoices and data for property and client reporting
Job Description

Responsibilities:
  • Reviews, approves and posts all Accounts Payable batches as it relates to the property.
  • Monitors cash balance in bank account to determine funding if required.
  • Coordinates with national check processing group the scheduling of check generation.
  • Prepares and records entries for payment C&W payroll.
  • Prepares and records entries for payables due for C&W payroll, creates client invoices to be processed for payment.
  • Reviews and approves any lease abstracts.
  • Approves monthly bank reconciliation.
  • Reviews and posts all sundry and other non-recurring charge batches.
  • Prepares all journal entries for review and approval.
  • Monitors all billing aspects of lease administration.
  • Ensures all charges are billed pursuant to terms of the leases.
  • Posts monthly recurring charges and prepares monthly billing statements for tenants.
  • Calculates annual OR, RET, CAM adjustment billings. Adjusts recurring charges in tenants' records for recovery billings based on estimates (budgets).
  • Prepares and distributes pre-closing report packages for property management personnel.
  • Prepares and assembles financial reports for monthly operating.
  • Assists property management in creation of annual operating budget on the Kardin Software platform.
  • Review and approve invoices for ongoing construction projects.
  • Assist client and internal auditors in periodic reviews of controls and/or financial statements.
  • Prepare monthly cash flow forecast schedule.
  • Performs job duties as directed by the property manager.
  • Ensures the timely delivery of financial information, invoices, collections and client reports generated as required
  • Performs job duties with management supervision, seeks approval when necessary.
  • Works closely with branch and property management and personnel to ensure smooth operation of department.
  • Performs job duties under limited supervision in a timely manner.
  • Ensures the timely delivery of financial information, invoices, collections and client reports generated as required.
  • Business Environment
  • Ability to work efficiently and effectively to deadlines and multi-task in a client focused environment.


Job Qualifications:
  • Four year degree in Business or Accounting strongly preferred.
  • 5 + years experience in the accounting field, with 3 + years in real estate industry.
  • Excellent lease administration skills required.
  • Working knowledge of Microsoft Office (Word, Excel, Outlook), SAP (reporting knowledge at minimum), Yardi Voyager, BIGCENTER Program, Capture, VES, Lotus Notes, Adobe Professional, and Internet Explorer.
  • Excellent computer skills


WORK ENVIRONMENT

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly operate office machinery.

OTHER DUTIES

This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.

The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 93,500.00 - $110,000.00

About Cushman & Wakefield

Cushman & Wakefield plc is a global commercial real estate services firm. The company's corporate headquarters is located in Chicago, Illinois. Cushman & Wakefield is among the world's largest commercial real estate services firms, with revenues of US$9.4 billion in 2021. The company operates from approximately 400 offices in 60 countries, has around 50,000 employees and manages about 4,100 million sq ft of commercial space. It is one of the "Big Three" commercial real estate services companies, alongside CBRE and JLL.
Learn more about Cushman & Wakefield
Size
50,000 employees
Market Cap
$2.6 billion
Industry
Net Income
-$220.5 million
Founded
1917
5 Year Trend
+8.6%
Revenue
$7.8 billion
NASDAQ

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