Controller

About The Role As a CBRE Controller, you will be responsible for the coordination and review of the accounting for a portfolio of office properties. Additionally, this position will be a key resource in the review of significant accounting transactions to ensure compliance with GAAP, IFRS as well as Tax requirements and will serve under a management and oversight role in special projects as they arise. The position works closely with other Property Accounting and Regional leaders, business owners, Internal Audit, Company’s external auditor, and client’s FP & A, Asset Management and Corporate teams. The Controller will continuously improve policies, processes, systems and controls as part of the CBRE’s operational excellence initiatives. This position will report directly to the Senior Controller and additionally to the respective Client Leadership Team for the office property portfolio the Controller oversees. What You'll Do Develop business partner relationships with client’s Asset Management and FP&A leaders while identifying opportunities to provide services and enhance flow of communication and information with the accounting team. Ensure regular and consistent communication and touchpoints with our client to ensure service performance level expectations are satisfied and maintained. Partner with FP&A to support Property Accounting teams in solutioning issues and providing technical guidance on accounting treatments, processes, and documentation requirements. Support FP&A and AM teams with ad-hoc reporting requests (valuations, financing, tenant audit requests) by acting as the point of contact for the Property Accounting teams. Oversee the quarterly tasks related to internal controls, financial reporting and auditor requests which includes variance analysis and reviewing SOX packages. Facilitate close meetings with Property Accounting teams to review financials and recommend action items. Review balance sheet reconciliations and identify opportunities to improve efficiency and strengthen the reconciliation process. Review corporate-required reporting (e.g., NOI variance analysis, executive summaries etc.). Manage and coordinate the separate property and joint venture audit process to ensure compliance with deadlines. Liaise with the client’s Corporate team and External Auditors during Corporate and property audits, including coordination of deliverables, schedules, confirmations, and audit support. Review audit financial statement templates and note disclosures. Participate in control walkthroughs and support teams in understanding control responsibilities; identify control weaknesses and recommend remediation actions. Review and approve non-standard/complex journal entries prepared by the team. Review and approve periodic variance reporting for the assigned portfolio. Review and approve cash analysis and check run files. Approve check and wire requests up to approved dollar amounts. Ensure that service standards are met and reported accurately for the assigned portfolio. Calculate CBRE management fee for assigned portfolio. Provide technical advice and training on accounting systems. Act as a primary contact for internal and external auditors on accounting matters. Interpret current policies, practices, and plans and implement new operating procedures to improve efficiency. Ensure that systems follow acceptable accounting practices and applicable regulations. Apply deep knowledge of multiple disciplines, broad industry knowledge, and commercial awareness. Drive financial and functional performance within disciplines and across business. Lead by example and model behaviors that are consistent with CBRE RISE values. Negotiate with senior management, customers, and external parties of divergent interests to reach an agreement of strategic importance while being guided by the business segment and the organization's functional strategy. Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and coaching. Oversee the recruiting and hiring of new employees. Coordinate and manage the team's daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department deadlines. Mentor and coach as needed. Conceptualize new methods, techniques, processes, and standards across job disciplines or functions. Direct the resolution of highly complex or unusual business problems by applying advanced critical-thinking. What You'll Need Bachelor's degree in accounting or finance and 10+ years 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. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. Compensation The minimum salary for the controller position is $200,000 annually and the maximum salary for the controller position is $225,000 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. 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 View email address on click.appcast.io or via telephone at View phone number on click.appcast.io (U.S.) and View phone number on click.appcast.io (Canada). #J-18808-Ljbffr CBRE