JOB SUMMARY Responsible for supervising and developing processes for accounts receivable and accounts payable functions for the MidAtlantic business unit. Responsible for preparing draws for multiple projects and other business unit financial requirements. Responsible for interpreting agreements and contracts, as they relate to accounting functions. Position requires strong time management and organizational skills to successfully manage workload.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Support in developing business unit operating budget and managing and monitoring implementation, including estimation of revenues and expenses and analyzing variances
Compile, process and maintain all invoices, financial records and accounts payable for 15+ (multi-million-dollar) construction projects and the business unit, using various accounting programs
Review and analyze financial reports, documents, and correspondence
Prepare monthly financial reports to multiple lenders, including budget comparison, spending variance reports (actual/projected expenditure reports), draws, account reconciliations and project close out reports
Administer and collect receivables, including confidential salary reimbursement
Manage new project set up with the project team to ensure compliance with loan agreements, development agreements and applicable regulations
Establish and maintain relationships with lenders, owners and vendors by providing support and assistance
Establish and monitor compliance to accounting procedures and internal controls
Administer loans, vendor contracts and draws for development projects, including monitoring key dates and reporting requirements in accordance with bank, lender, and partner requirements.
Prepare estimates and budget forecasts for presentation to Chief Operating Officer and department leads
Provide technical assistance and training to users on Procure to Pay (payment system), financial reports and accrual based accounting interpretation
Formulate notifications, budget reports, letters and memorandums
Prepare invoices for reimbursement, development fees, etc.
SUPERVISORY RESPONSIBILITIES No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.
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 Bachelor's Degree required. Three to five years of related experience and training; or equivalent combination of education and experience.
CERTIFICATES and/or LICENSES Not required.
COMMUNICATION SKILLS Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service. Ability to effectively present information to both internal and external clients.
FINANCIAL KNOWLEDGE Requires knowledge of accounting, financial and real estate terms and principles. Ability to calculate advanced figures such as percentages, discounts, interest, installments and/or commissions. Conducts advanced financial analysis
REASONING ABILITY Ability to comprehend, analyze, and interpret documents and financial reports. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.
SCOPE OF RESPONSIBILITY Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines as well as deadlines prescribed from client reporting requirements. Errors in judgment may cause short-term impact to co-workers.
Internal Number: 18022933
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.