About the RoleAs our Senior Accounting Manager, you will focus on revenue recognition (ASC 606), gains and losses on sales of nonfinancial assets (ASC 610-20), lease accounting (ASC 842), equity method accounting (ASC 323), and month-end close. We are seeking a diligent, proactive, meticulous individual with excellent communication and time management skills who can leverage AI tools to streamline our processes. Our transactions rarely fit a template, so we value a critical thinker who applies GAAP to the facts in front of them.
What You'll Do- Evaluate revenue recognition for development activity under ASC 606, analyzing contract terms to identify performance obligations, variable consideration, and constraints on recognition.
- Evaluate gain or loss on sale of nonfinancial assets under ASC 610-20, analyzing contract terms to determine when control transfers and how to measure the gain or loss.
- Manage equity method accounting for real estate joint ventures.
- Prepare VIE and VOE analyses in partnership with the CBRE technical accounting team, and keep them current as facts change.
- Perform lease analysis in compliance with ASC 842, including ground leases.
- Perform impairment analysis for real estate assets (ASC 360) and equity method investments (ASC 323).
- Gather facts and consult with CBRE technical accounting on non-routine transactions, and serve as a primary contact for our external auditors.
- Support the month-end close, including review and reconciliation of general ledger accounts.
- Collaborate with market leaders and corporate finance teams to account for project-specific transactions.
- Implement and monitor internal controls related to financial reporting.
What You'll NeedThe 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 essential functions.
- 5+ years of progressive accounting experience.
- CPA with public accounting experience strongly preferred.
- Knowledge of U.S. public company internal control and reporting requirements, with experience in SOX compliance, processes, and control environments.
- Strong understanding of U.S. GAAP, SEC regulations, and real estate accounting principles.
- Detail-oriented with a commitment to accuracy and data integrity.
- Effective communication skills to interact with internal teams, external auditors, and senior management within a publicly traded environment.
- Experience with PeopleSoft, OneStream, Cadency, TM1, PowerBI, and/or AI platforms preferred.
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future
Trammell Crow
When you're a part of Trammell Crow Company, a global commercial real estate development company, you're a part of a team that brings local ingenuity and global vision to everything we build. From Labs in Boston to Logistics in Prague to homes in Houston, we transform spaces into places, changing the way people and places connect.
With the spirit of entrepreneurship, innovation, and collaboration at our core, our people are committed to upholding our RISE (Respect, Integrity, Service, Excellence) Values. This drives our mission for a diverse, equitable, and inclusive workplace so business and communities thrive.
Trammell Crow Company's performance is fueled by our most powerful asset-our people. Comprised of teams possessing passion, innovation, and a visible culture of excellence, we welcome talent with diverse backgrounds and experiences across industriesto apply for openpositions.
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About CBRE Group, Inc. CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world's largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
