Assistant Property Accounting Specialist

3 days ago

Reston, Virginia, United States CBRE Full time
About the Role

CBRE Investment Accounting & Reporting Solutions is seeking an Assistant Property Controller to join our team. As a key member of our team, you will play a crucial role in coordinating financial reporting and performing analytical review of property owner entities.

Key Responsibilities
  • Produce financial reporting packages and other required financial information and analytics for property-related entities, including work-papers for balance sheet general ledger accounts on a monthly or quarterly basis.
  • Work with client auditors for interim and year-end audits; draft annual audit reports.
  • Compile, analyze, and track financial data, performing detailed review of monthly reports.
  • Prepare monthly bank reconciliations, review cash balances, prepare capital calls or loan draws, prepare distribution waterfalls, manage cash security deposits, and ensure fees payable are accurately calculated and paid timely.
  • Review lease abstracts and lease recurring charge set up. Prepare CAM calculation for income budgeting/billing estimates and annual true-ups.
Requirements
  • Bachelor's degree in accounting or finance and 5+ years of 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.
Why CBRE?

When you join CBRE, you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning, and dedication to results. To enable your success, we provide the best tools, training, and leaders in the industry.

Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.

Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity.

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