Job Information
CBRE Senior Real Estate Accountant in Denver, Colorado
Senior Real Estate Accountant
Job ID
161196
Posted
02-May-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Accounting/Finance, Property Management
Location(s)
Denver - Colorado - United States of America
About the Role:
As a CBRE senior real estate accountant, you will apply cash accrual and full GAAP accounting principles to prepare, analyze, maintain and deliver complete and accurate financial reports for a highly sophisticated or strategic portfolio of CBRE clients and properties.
What You'll Do:
Completes advanced level accounting transactions in preparation of client financial statement packages. Creates and posts journal entries. Ensures that all expenses, receipts, owner's distributions, funding requests and other transactions for the accounting period have been accurately posted.
Generates and reviews financial packages for accuracy and comprehensive reporting. Prepares packages on a schedule to ensure timely delivery to the client and other management teams.
Adheres to Client Accounting Policies and Procedures (CAPP) to ensure internal and external reporting requirements are consistently met.
Reviews and audits funding and payment requests for accuracy, documentation and authorization in accordance with established operating procedures.
Responds to issues and requests from management teams and clients regarding various accounting issues and reports, including Profit and Loss statements. Researches open accounting issues and recognizes potential issues and/or conflicts so corrective action can intercept and minimize issues.
Builds or reviews sophisticated property budgets and forecasting for assigned property portfolios. Participates in new property and client transitions, and client audit requests.
Prepares requests for additional services from clients and the field to senior management and understands the scope of accounting services for the properties in portfolio.
Oversees completion of projects including independent preparation and review of CAM (Common Area Maintenance) reconciliations, purchase/sale proration, lease abstract analysis, property software setups, and opening/closing entry generations.
Coordinates work with other team members within single point-of-contact (SPOC) guidelines.
What You'll Need:
To perform this job effectively, one must perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Accommodations may be made to enable individuals with disabilities to perform the job.
Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. In lieu of a degree from a four-year college or university, an associate degree plus 2 years college or related work experience, OR high school diploma plus four years of related work experience required.
Plus, a minimum of two years prior accounting, finance or related experience required. Experience with real estate accounting software preferred.
Excellent written, social and analytical skills. Ability to provide reliable service to customers. Ability to effectively present information.
Requires advanced knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including the understanding of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts advanced financial analysis.
Ability to comprehend, analyze, and interpret sophisticated documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.
Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.
Decisions made with understanding of procedures, company policies, and business practices to achieve set results and goals. Responsible for setting work unit and/or project goals. Errors in judgment may cause short-term impact to department.
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the senior real estate accountant position is $73,000 annually and the maximum salary for the senior real estate accountant position is $123,300 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. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have 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.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccomodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
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.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)