Property Controller
Työnpaikan tunnusnumero
Advisory Segment
Roolin tyyppi
Kiinnostuksen kohteet
Kirjanpito/Rahoitus, Investointien hallinta, Omaisuudenhallinta
Chicago - Illinois - United States of America, Dallas - Texas - United States of America, Los Angeles - California - United States of America, Minneapolis - Minnesota - United States of America, New York City - New York - United States of America, Washington, D.C. - District of Columbia - United States of America

We are looking for a Controller for CBRE Investment Accounting & Reporting Solutions (“CBRE IA&R”), you will work in an ambitious and growing environment. In this role, you will be responsible for reporting packages preparation and analytics for large and multi tenant property companies. You will prepare monthly, quarterly, and annual reporting packages and other client reporting and may be responsible for property company level including coordination of client equity contributions and distributions. May supports new business initiatives.

Essential duties and responsibilities:

Client reporting packages & Budgets:  
Produces property company reporting packages (regular and ad-hoc). Is responsible for related analytics and data quality checks. Provides qualitative analysis and comments. Prepares periodic financial statements as per the reporting standards of the client and assists with audit and tax preparation and audit review. Performs budgeting, forecasting, and reporting activities. Assist in preparing client presentations relating to property company financials. Completes in an accurate and timely manner.

Monitors Financial Performance:

Monitors, compiles, and analyzes financial data. Performs detailed review of monthly or regular property level reports, and may provide a forward-looking view to senior team members. Assists with reviewing periodic P&L calculations at the fund and investor levels. Actively supports activities leading to the improvement of the financial performance of the property company.

Treasury Function:

Operates the daily activities of the treasury, cash management, and accounting function on the property company level. Manages or directly procures reviews and signs-off on property level bank account reconciliations. May post journal entries and money-movement transactions. Supervises all property company transactions are properly posted to the banking system. Prepares and reconciles trial balances for assigned property companies Assist in discussion with banks and financial institutions, assists with handling financing arrangements, and execution of loan agreements. Ensures (financial) covenant monitoring and calculations. 
Performs or supports preparation and execution of periodic asset payment, cash, and corporate action reconciliations

Risk Management: 
Supports senior team members in the management of risk and compliance activities. Participates in and supports corporate governance matters on the level of the property company.

New Business Participation & Structuring: 
May participate in new business proposals. May assist with structuring investments. 

Contact with the Fund Teams: 
Maybe a contact point for the fund (portfolio) teams. Feeds data for client presentations on financials. Supports preparation of fund (portfolio) capital call/distribution notices. Supports preparation of IRR and performance reporting models.

Customer Service: 
Executes on processes and procedures, and constantly provides feedback on process improvement. Performs administrative tasks as required. Troubleshoots escalated issues and ensures that internal and external customer requests are handled timely, accurately, and focused on customer service.

Systems Implementation: 
Participates in systems testing and implementation-related tasks. Provides data, information and has an in-depth supporting role in an audit process. 

Special Projects: 
May participate in special projects including new property company set-up and structuring 
Other Duties: 
Performs other duties as assigned

Cooperation with asset management: 
Supports asset management function by providing financial advice (basic level) - financial impact of various commercial decisions. Participates in regular meetings with property managers on property company level. 

Responsible for facilitation of information and data flow between accounting and other (property management) teams and asset management

Supervisory Responsibilities:

May act as supervisor for junior team members.   
May provide informal assistance such as technical guidance and/or portfolio specific training to others. 


Job requirements

  • Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
  • Solid economics, math, and analytical skills and ability to apply them in the pursuit of diverse situations. Knowledge of real estate terms, definitions, and real estate analytical methodology.  Knowledge of Company financial systems as well as internal and external information sources.  Intermediate knowledge of computer software and hardware (i.e. Microsoft Office Suite Products with a focus on Excel). Ability to work in multiple accounting and/or reporting software applications.
  • Decisions made with a general understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to clients, co-workers, and supervisor 

CBRE Investment Accounting & Reporting Solutions

CBRE, is the largest commercial real estate company in the world and is comprised of several business lines including leasing services, capital markets, valuations & advisory services, and property management; with regional and global capabilities in all major markets around the globe. Within property management, our CBRE Investment Accounting & Reporting (IA&R) group is the leader in providing investment managers with vertically integrated accounting and data solutions, from property through funds.

CBRE IA&R provides is the only 100% dedicated Real Estate Fund and Property accounting business supporting Global and Pan-European coordination for clients providing Fund & SPV Accounting, Investor Reporting, and Performance Measurement services to real estate investment companies, sovereign wealth funds, and other institutional investors in key financial markets.

Our team of professionals offers an unmatched dedication to real estate. We serve only real estate and have a history of successfully serving all real estate asset classes; including simple to complex investment structures.

We have dedicated fund and investor reporting teams in 18 countries, while also being a part of our global accounting and reporting operating platform with a presence in an additional 41 countries for property accounting services to provide completely integrated services.

Within CBRE IA&R, you will be challenged to develop yourself, extend your knowledge and skills, and further improve and professionalize various processes within the company



Investment Oversight

The Investment Oversight team works closely with various other departments within CBRE IA&R as well as with the client. The Investment Oversight  department is responsible for controlling and reporting tasks at the level of property-owning companies. The team partners with property managers and asset managers of the client as well as other 3rd party advisors (tax, audit, legal) to get a detailed understanding of the business and economics of the property-owning companies under their responsibility. The team is responsible for reporting, overall coordination, and financial management tasks.

*New York City Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the position is $110,000 annually and the maximum salary for the position is $165,000 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. ​

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.