Accountant

CBRE Group, Inc.; BLOOMINGTON (MN); Hybrid; USD 50,000 - 55,000; Full time

Job summary

CBRE Group, Inc. in Bloomington, MN, is seeking an accounting professional to apply cash and accrual principles, prepare client financial statements and deliver accurate reports.

The role supports budgeting, client transitions and audits, with a focus on compliance and timely delivery. The position requires a four-year degree in accounting/finance or equivalent experience; real estate accounting software experience is preferred.

Qualifications

• Degree in accounting/finance or related field required; see alternative options if no degree.
• Two years of accounting/finance experience preferred; real estate accounting exposure valued.
• Knowledge of GAAP and FASB regulations; ability to interpret financial terms.
• Experience with real estate accounting software and financial statement packages.
• Strong Excel and analytical skills; ability to present information clearly.
• Excellent written and interpersonal skills; customer-focused service mindset.

Responsibilities

• Prepare and post journal entries; ensure accurate period postings of expenses, receipts, distributions and funding.
• Generate and review client financial packages; ensure timely delivery.
• Adhere to CAPP guidelines to meet reporting requirements.
• Review funding and payment requests for accuracy and authorization.
• Assist budgeting/forecasting for assigned properties; support client audits.
• Collaborate with team and SPOC guidelines; train teammates as needed.

Skills

Accounting knowledge

GAAP knowledge

Financial reporting

Analytical skills

Microsoft Excel

Communication skills

Education

Bachelor's degree in accounting/finance

Tools

Real estate accounting software

Microsoft Office

Job description

About The Role:

Under limited direct supervision, apply cash and accrual accounting principles to prepare, analyze, maintain, and deliver complete and accurate financial reports for a portfolio of CBRE clients and properties.

Please Note:

• This is a hybrid opportunity. This role will require you to work 1 day in our Bloomington office.
• The starting compensation for this position ranges between $50,000 - $55,000 annually.
• This position is a part of an expansive career development path. CBRE is looking for accountants to develop into senior partners.

What You'll Do:

• Complete accounting transactions in preparation of client financial statement packages. Create and post journal entries. Ensures that all expenses, receipts, owner's distributions, funding requests and other transactions for the accounting period have been accurately posted.
• Generate and review financial packages for accuracy and comprehensive reporting. Prepares packages on a schedule to ensure timely delivery to the client and other management teams.
• Adhere to Client Accounting Policies and Procedures (CAPP) to ensure internal and external reporting requirements are consistently met.
• Review and audit funding and payment requests for accuracy, documentation, and authorization in accordance with established operating procedures.
• Respond to and resolve issues and requests from management teams and clients regarding various accounting issues and reports, including Profit and Loss statements.
• Participate in budgeting and forecasting for assigned property portfolio, new property and client transitions, and client audit requests.
• Assist in training team members on portfolio specific transitions.
• Monitor scope of services delivered and provides results to manager regarding any changes in scope.
• Coordinate work with other team members within single point-of-contact (SPOC) guidelines.

What You'll Need:

To perform this job successfully, an individual will need to perform each crucial 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 essential functions.

• Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. In lieu of a degree, an associate degree plus 2 years working experience or high school diploma plus four years of related work experience required. A minimum of two years prior accounting, finance, or related experience required. Experience with real estate accounting software preferred.
• Excellent written and social skills, organizational and analytical skills. Ability to provide efficient, timely and reliable service to customers. Ability to effectively present information.
• Knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including 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 intermediate financial analysis.
• Ability to comprehend, analyze, and interpret sophisticated documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
• Knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.
• Decisions made with general understanding of procedures and company policies to achieve set results and goals. Errors in judgment may cause short-term impact to co-workers and supervisor.

Why CBRE?

When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.

Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.

Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!