Assistant Fund Controller

CBRE; Los Angeles (CA); On-site; USD 100,000 - 110,000; Full time

Job summary

CBRE Investment Accounting & Reporting Solutions is seeking an Assistant Fund Controller in Los Angeles to coordinate, prepare, and review fund reporting, ensuring client expectations and timely delivery.

The role involves NAV calculations, inputting daily trading and GL activity, producing financial statements, reviewing property-level reports, assisting treasury and journal entries, reconciliations, investor notices, and mentoring junior staff.

Qualifications

• Bachelor's degree and 5+ years of relevant experience required.
• Experience with fund (NAV) accounting; real estate exposure preferred.
• Experience with accounting software such as Yardi preferred.
• Knowledge of GAAP and FASB; familiarity with REIS/IFRS and related standards.

Responsibilities

• Prepare, analyze, and review periodic NAV calculations.
• Input daily trading, general ledger activity, and pricing of funds to ensure NAV accuracy.
• Produce fund financial statements and investor communications including commitments and accruals.
• Perform detailed review of monthly property-level reports.
• Assist the treasury, cash management, and accounting function of the fund; post journal entries and money-movement transactions.
• Prepare investment and position reconciliations and daily cash balance reconciliations.
• Prepare investor capital call and distribution notices.
• Troubleshoot issues to ensure timely, accurate internal and external requests; maintain customer service focus.
• Coach junior staff on an informal basis.

Skills

NAV accounting

Real estate experience

Financial analysis

Education

Bachelor's degree

Tools

Yardi

GAAP accounting systems

Job description

About The Role

We are looking for an Assistant Fund Controller for CBREInvestment Accounting & Reporting Solutions, an exciting and growingenvironment. Contributors in this role assist in meeting client expectationsand timeliness by coordinating, preparing, and reviewing fund reporting.

We are looking for an Assistant Fund Controller for CBREInvestment Accounting & Reporting Solutions, an exciting and growingenvironment. Contributors in this role assist in meeting client expectationsand timeliness by coordinating, preparing, and reviewing fund reporting.

What You'll Do

• Prepare, analyze, and review periodic NAV calculations.
• Input daily trading, general ledger activity, and pricing of funds to ensure accuracy of daily NAV calculation.
• Produce fund financial statements and other required financial information including investor commitments, asset accrual methodology, and output.
• Perform detailed review of monthly property level reports.
• Assist the treasury, cash management, and accounting function of the fund. Post journal entries and money-movement transactions.
• Prepare investment and position reconciliations and daily reconciliation of cash balances.
• Prepare investor capital call and distribution notices.
• Troubleshoot issues to ensure internal and external requests are handled timely, accurately, and with a focus on customer service.
• Coach junior staff on an informal basis.

What You'll Need

To perform this job successfully, an individual will needto perform each crucial duty satisfactorily. The requirements listed below arerepresentative of the knowledge, skill, and/or ability required. Reasonableaccommodations may be made to enable individuals with disabilities to performessential functions.

• Bachelor's degree and 5+ years of relevant experience required.
• Experience with fund (NAV) accounting required, with real estate industry exposure preferred.
• Experience with accounting software systems such as Yardi preferred.
• 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).
• Technical financial skills and knowledge of GAAP, FASB, REIS, IFRS, and in-region/in-country standards where applicable.

Why CBRE

When you join CBRE, you become part of the global leader incommercial real estate services and investment that helps businesses and peoplethrive. We are dynamic problem solvers and forward-thinking professionals whocreate significant impact. Our collaborative culture is built on our sharedvalues — respect, integrity, service and excellence — and we value the diverseperspectives, backgrounds and skillsets of our people. At CBRE, you have theopportunity to chart your own course and realize your potential. We welcome allapplicants.

Our Values in Hiring

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

Disclaimers

Applicants must be currently authorized to work in theUnited States without the need for visa sponsorship now or in the future.

Include any other disclaimers that are applicable for therole that are not automatically populated in Talent Source. Delete this sectionif not applicable. Examples of relevant disclaimers include U.S. state paytransparency requirements, sponsorship eligibility, COVID-19 requirements, etc.

Applicant AI Use Disclosure

We value human interaction to understand each candidate'sunique experience, skills and aspirations. We do not use artificialintelligence (AI) tools to make hiring decisions, and we ask that candidatesdisclose any use of AI in the application and interview process.

These updates reflect our commitment to clarity,inclusivity, and a consistent candidate experience across all postings. I askyou to encourage your teams to begin incorporating the updated statements intoall new job adverts immediately - this will help us maintain alignment with ourbrand tone and hiring values.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500company headquartered in Dallas, is the world’s largest commercial real estateservices and investment firm (based on 2024 revenue). The company has more than140,000 employees (including Turner & Townsend employees) serving clientsin more than 100 countries. CBRE serves clients through four business segments:Advisory (leasing, sales, debt origination, mortgage serving, valuations);Building Operations & Experience (facilities management, property management,flex space & experience); Project Management (program management, projectmanagement, cost consulting); Real Estate Investments (investment management,development). Please visit our website at www.cbre.com.

CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the assistant fund controller position is $100,000 annually and the maximum salary for the assistant fund controller position is $110,000 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.

Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have 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.

Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [e-mail] or via telephone at [phone] (U.S.) and [phone] (Canada).