Assistant Controller - Investment Oversight

Oakbrook Terrace - Illinois - United States of America

We are looking for an Assistant Controller for CBRE Investment Accounting & Reporting Solutions (“CBRE IA&R”), where you will work in an ambitious and growing environment. Under some supervision you will be responsible for the financial reporting and analytical review of the property owner entity, related taxable REIT subsidiary entity, if any and parent company/JV entity. You will prepare monthly, quarterly and annual financial reporting packages and other client reporting as required.

This job is part of the Controlling job function. They are responsible for the Management of the organization's financial controls and the preparation of financial reports for management and shareholders.

• Produces financial reporting packages and other required financial information and analytics for all property related entities as required. Including the preparation of work papers for all balance sheet general ledger accounts on a monthly or quarterly basis in addition to standard financial statements. Financial statements are prepared on the reporting basis determined by the client (i.e. US GAAP ‑ Historical Cost or Fair Value).
• Compiles, analyzes, and monitors financial data by performing detailed review of monthly property owner reports including but not limited to: operating statement variance reports, aged receivables, aged payables and capital expenditures variance to budget.
• Supports the daily activities of cash management. Prepares monthly bank reconciliations manually recording journal entries for reconciling items if needed. Reviews cash balances to avoid shortfalls, prepares capital calls or loan draws for funding when needed and requested by client. Prepares distribution waterfalls and executes distribution when required. Manages cash security deposits and major property related payments including but not limited to debt service, municipal taxes, real estate taxes and ground rent if applicable.
• Review lease abstracts and lease recurring charge set up. Prepares escalation/CAM calculation for income budgeting/billing estimates and annual true ups.
• Troubleshoots escalated issues and ensures internal and client requests are handled timely, accurately and with a focus on customer service. Participate in recurring meetings with the client, adding value where needed.

• Bachelor's Degree preferred with 3 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.
• Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods: cash, accrual, and GAAP.
• Ability to comprehend, analyze, interpret complex documents and problem solve.
• Requires intermediate analytical and quantitative skills, solid economics, math and analytical skills and ability to apply them.
• 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 focus on Excel). Ability to work in multiple accounting and/or reporting software application.

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people.

At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.

At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.

Applicants must be currently authorized…