CBRE Group, Inc

Senior Development Accountant

CBRE Group, Inc • $75K — $95K *
Richardson, TX 75080In-Person
Real Estate & Construction
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred
  • 2-5 years of relevant experience
  • Understanding of accounting procedures and standards
  • Ability to analyze solutions using technical experience
  • In-depth knowledge of Microsoft Office products
  • Strong organizational skills with inquisitive mindset
  • Advanced math skills for complex financial calculations

Responsibilities

  • Maintain general ledger and manage monthly close processes
  • Review development agreements for fee recognition under GAAP
  • Collaborate with technical accounting to resolve complex issues
  • Prepare monthly recurring and adjusting journal entries
  • Analyze income statements and balance sheets for assigned projects
  • Manage cash processing for acquisitions/closings
  • Review and prepare construction draws against asset accounts

Benefits

  • Health and wellness benefits
  • Paid time off and holidays
  • Opportunities for professional development
  • Collaborative workplace culture
  • 401(k) plan with company match
Full Job Description
About the Role:

As a CBRE Senior Development Accountant, you will be responsible for the routine accounting for specific real estate development projects and/or business units. This includes, but is not limited to, monthly journal entries and G/L maintenance, account reconciliation and analysis, budgeting, and financial reporting.

What You'll Do:
  • G/L maintenance, monthly close, and financial reporting packages for assigned projects or business units.
  • Review development agreements and determine fee recognition in accordance with GAAP.
  • Work with technical accounting group to resolve complex accounting issues.
  • Prepare monthly recurring journal entries and adjusting journal entries as needed.
  • Review income statements and balance sheets at month-end for specific transactions on assigned projects; research, reconcile, and resolve issues for all balance sheet accounts on assigned projects and business units.
  • Cash management; process wires for acquisitions/closings.
  • Review/prepare construction draws and reconcile to the general ledger asset accounts.
  • Participate in the budgeting and forecasting process.
  • Review fixed asset ledgers to ensure items are properly capitalized.
  • Prepare and/or review a variety of routine and ad hoc financial reports for management and other internal customers.
  • Respond to routine and non-routine inquiries from field offices, other departments and colleagues.
  • Facilitate internal and external audits of projects/business units.
  • Prepare federal tax templates for tax department.

What You'll Need:
  • Bachelor's Degree preferred with 2-5 years of relevant experience.
  • Understanding of existing procedures and standards to solve slightly complex problems.
  • Ability to analyze possible solutions using technical experience to apply appropriate judgment and precedents.
  • In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
  • Strong organizational skills with an inquisitive mindset.
  • Advanced math skills. Ability to calculate complicated figures such as percentages, fractions, and other financial-related calculations.

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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