Real Estate Accountant

Company: CBRE
Location: Memphis
Posted on: November 26, 2022

Job Description:

Real Estate Accountant

Job ID

82083

Posted

18-Nov-2022

Service line

Corporate Segment

Role type

Full-time

Areas of Interest

Accounting/Finance

Location(s)

Memphis - Tennessee - United States of America

RESPONSIBILITIES
Under limited supervision, applies cash and accrual accounting principles to prepare, analyze, maintain and deliver complete and accurate financial reports for a moderately complex portfolio of CBRE clients and properties.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Completes intermediate to 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 and resolves 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.
Participates in budgeting and forecasting for assigned property portfolio, new property and client transitions, and client audit requests.
Assists in training team members on portfolio specific transitions.
Monitors scope of services delivered and provides feedback to manager regarding any changes in scope.
Coordinates work with other team members within single point-of-contact (SPOC) guidelines.
Performs other duties as assigned.
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance and/or portfolio-specific training to co-workers.
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QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE 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. Experience with real estate accounting software preferred.
CERTIFICATES and/or LICENSES None
COMMUNICATION SKILLS Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information. Ability to respond effectively to sensitive issues.
FINANCIAL KNOWLEDGE Requires advanced knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an advanced knowledge 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.
REASONING ABILITY Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.
OTHER SKILLS and/or ABILITIES Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.
SCOPE OF RESPONSIBILITY Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.
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, Memphis , Real Estate Accountant, Accounting, Auditing , Memphis, Tennessee