Fund Controller
Company: CBRE
Location: Yonkers
Posted on: January 23, 2023
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Job Description:
Posted11-Jan-2023Service lineAdvisory SegmentRole
typeFull-timeAreas of InterestAccounting/Finance, Investment
ManagementLocation(s)Minneapolis Minnesota United States of
America, New York City New York United States of AmericaWe are
looking for a Fund Controller for CBRE Investment Accounting &
Reporting Solutions ("CBRE IA& R"), you will work in anambitious
and growing environment. In this role, you will be assisting the
Senior Controller in coordinating the (fund) reporting by keeping
track of deadlines and deliverables, communicating with different
internal and external stakeholders, and preparing and reviewing
fund reporting (templates).Essential duties and
responsibilities:Produces, reviews, and verifies financial
information including investor funded and unfunded commitments,
asset accrual methodology, and output, providing qualitative
analysis and comments.Prepares periodic financial statements and
assists with audit and tax preparation and review.Manages portfolio
budgets, forecasts, and reports for clients/investors.Monitors
financial performance and provides strategic advice to the
leadership team.Assists with reviewing periodic P& L calculations
at the fund and investor levels.Manages and operates the treasury,
cash management, and accounting functions.Reviews system prepared
reports and supporting schedules for accuracy.Reviews and signs-off
on fund level bank account reconciliations.Assists with financial
institutions, handling financing arrangements and execution of loan
agreements.Prepares, analyzes, and reviews NAV calculations and
financial packages for completion and accuracy. Updates and
monitors daily trading, general ledger activity, and pricing of
funds to ensure accuracy of daily NAV calculation.May serve as
contact point for investors.Maintains shareholder registries and
provides data for presentations.May design and prepare
presentations on financials. Reviews/prepares IRR and performance
models.Troubleshoots escalated issues and ensures requests are
handled timely and accurately.No formal supervisory
responsibilities in this position. May provide informal assistance
such as technical guidance and/or portfolio specific training to
others.Job requirementsBachelor/Master's degree in accounting,
finance, or related field required5+ years of accounting experience
or equivalent combination of education and experience requiredPrior
experience in fund level accounting preferred with real estate
accounting or fund accounting software systems.Solid technical
financial skills and intermediate knowledge of GAAP, FASB, REIS,
IFRS, and in-region/in-country standards where applicableKnowledge
of real estate terms, definitions, and real estate analytical
methodology.Intermediate knowledge of computer software and
hardware (i.E. Microsoft Office Suite Products).Ability to work in
multiple accounting software applications.Strong coordinative
skills and well-developed judgmentHands-on, accurate, and
proactiveExcellent verbal and written English communication
skills.Ability to build strong working relationships with
colleagues from different countries and cultures.CBRE Investment
Accounting & Reporting SolutionsCBRE is the largest commercial real
estate company in the world and is comprised of several business
lines including leasing services, capital markets, valuations &
advisory services, and property management, with regional and
global capabilities in all major markets around the globe. Within
property management, our CBRE Investment Accounting & Reporting
(IA&R) group is the leader in providing investment managers
with vertically integrated accounting and data solutions, from
property through funds.CBRE IA& R provides is the only 100%
dedicated Real Estate Fund and Property accounting business
supporting Global and Pan-European coordination for clients
providing Fund & SPV Accounting, Investor Reporting, and
Performance Measurement services to real estate investment
companies, sovereign wealth funds, and other institutional
investors in key financial markets.Our team of professionals offers
unmatched dedication to real estate. We serve only real estate and
have a history of successfully serving all real estate asset
classes, including simple to complex investment structures.We have
dedicated fund and investor reporting teams in 18 countries, while
also being a part of our global accounting and reporting operating
platform with a presence in an additional 41 countries for property
accounting services to provide completely integrated
services.Within CBRE IA& R, you will be challenged to develop
yourself, extend your knowledge and skills, and further improve and
professionalize various processes within the companyDepartmentFund
Services TeamThe Fund Services team is responsible for the
financial reporting, budget, forecast, controlling, and cash flow
planning for funds and separate accounts. The team is the link
between the business, clients, finance, and Funds. The team fulfils
an important function in supplying reliable and complete financial
information and advice. The team carries out checks on the
underlying data of the fund and is responsible for preparing
reports to external stakeholders. Within CBRE IA& R the team has
broad responsibilities including the preparation of liquidity
forecasts, payment of dividends, budget forecast, and the
preparation of various tax returns. In addition, the team provides
functional management to asset finance departments within CBRE IA&
R.#INDSJ*New York City Residents: CBRE carefully considers multiple
factors to determine compensation, including a candidate's
education, training, and experience. The minimum salary for the
position is $115,000 annually and the maximum salary for the
position is $130,000 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.CBRE is an equal opportunity/affirmative action
employer with a long-standing commitment to providing equal
employment opportunity to all qualified applicants regardless of
race, color, religion, national origin, sex, sexual orientation,
gender identity, pregnancy, age, citizenship, marital status,
disability, veteran status, political belief, or any other basis
protected by applicable law.NOTE: Some, but not all, of our
positions may have an additional requirement to comply with
COVID-19 health and safety protocols, including COVID-19
vaccination proof and/or rigorous testing. If you have questions
about the requirement(s) for this position, please inform your
Recruiter.
Keywords: CBRE, Yonkers , Fund Controller, Accounting, Auditing , Yonkers, New York
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