Fund Controller
Job ID
66550
Posted
23-Jun-2022
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Accounting/Finance
Location(s)
Minneapolis - Minnesota - United States of America
JOB SUMMARY  

Manages multiple fund accounting teams to provide accurate and timely client reporting for assigned portfolios of investment funds. Implements processes to ensure compliance with reporting requirements. Manages client relationships for various funds. Plays a key role in the implementation and maintenance of the accounting systems.


ESSENTIAL DUTIES AND RESPONSIBILITIES  

Reviews and analyzes scope of service changes from team managers and prices additional services based on in-depth knowledge of the department's pricing platform. Identifies and recommends consulting opportunities and/or scope of service changes. Creates pricing estimates for new business opportunities. Ensures monthly pricing allocations are accurately entered into PeopleSoft.



Assists Senior Management with implementation of strategic department and corporate initiatives.

Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication.

Participates and/or leads all aspects of internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement and scope of services in the Financial Services Agreement.

Verifies and ensures accounting team's debt, real estate tax, sales tax and owner distribution payments are made timely and internal databases are updated and maintained accordingly.

Functions as a single point of contact for the fund investors.

Plays a key role in the implementation and maintenance of the accounting systems.

May participate in new business proposals.

May review staff work products, including financial packages, to ensure their complete, accurate and timely release to internal departments and external clients.

Performs other duties as assigned.


SUPERVISORY RESPONSIBILITIES  

Provides formal supervision to individual employees within single functional or operational area. Approves subordinate's recommendations for staff recruitment, selection, promotion, advancement, corrective action and termination. Effectively recommends same for direct reports to next level management for review and approval. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values.


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. A minimum of 10 years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting required with real estate accounting or fund accounting software systems. Requires prior supervisory experience and experience with real estate accounting or fund accounting software systems.


CERTIFICATES and/or LICENSES  

CPA, CMA or other relevant professional certifications a plus.


COMMUNICATION SKILLS  

Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action.


FINANCIAL KNOWLEDGE  

Requires in-depth knowledge of financial terms, principles and compliance. Ability to calculate complex figures. Ability to forecast and prepare budgets. Conducts financial/business analysis including the preparation of reports.


REASONING ABILITY  

Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.


OTHER SKILLS and 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 in-depth understanding and interpretation of procedures, company policies and business practices to achieve general results. Responsible for setting department deadlines. Errors in judgment may cause long-term impact to co-workers, supervisor, department and/or line of business.
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: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.