Controller

CBRE; New York (NY); On-site; USD 170,000 - 200,000; Full time

Job summary

CBRE is seeking a Senior Controller to oversee accounting for a portfolio of office properties. You will ensure GAAP compliance and interact with Asset Management, FP&A, internal and external auditors to drive accuracy and timeliness.

You will lead internal controls, quarterly financial reporting, debt covenant reporting, and supervise staff. A strong background in real estate accounting and 10+ years of experience are required.

Qualifications

• Bachelor's degree in accounting or finance with 10+ years accounting experience.
• Prior experience in real estate accounting and analytics.
• Knowledge of GAAP and FASB regulations including cash, accrual, and fair value methods.

Responsibilities

• Coordinate and review accounting for a portfolio of office properties; ensure GAAP/IFRS compliance.
• Oversee quarterly internal controls, financial reporting and auditor requests including variance analysis and SOX packages.
• Manage and coordinate property and joint venture audits and monthly/quarterly reporting to meet deadlines.
• Support debt covenant reporting and lender-required reports and schedules.
• Review and approve non-standard journal entries and variance reporting for the portfolio.

Skills

GAAP knowledge

Financial analysis

Leadership

Communication

Auditing coordination

Education

Bachelor's degree in accounting or finance

Job description

About The Role

As a CBREController, you will be responsible for the coordination and review of theaccounting for a portfolio of office properties. Additionally, this positionwill be a key resource in the review of significant accounting transactions toensure compliance with GAAP, IFRS as well as Tax requirements and will serveunder a management and oversight role in special projects as they arise. Theposition works closely with other Property Accounting and Regional leaders,business owners, Internal Audit, Company’s external auditor, and client’s FP&A,Asset Management and Corporate teams.

TheController will continuously improve policies, processes, systems and controlsas part of the CBRE’s operational excellence initiatives. This position willreport directly to the Senior Controller and additionally to the respectiveClient Leadership Team for the office property portfolio the Controlleroversees.

What You\'ll Do:

• Develop business partner relationships with client’s Asset Management and FP&A leaders while identifying opportunities to provide services and enhance flow of communication and information with the accounting team. Ensure regular and consistent communication and touchpoints with our client to ensure service performance level expectations are satisfied and maintained.

• Oversee the quarterly tasks related to internal controls, financial reporting and auditor requests which includes variance analysis and reviewing SOX packages.

• Manage and coordinate the separate property and joint venture audit process as well as monthly and quarterly reporting to ensure compliance with deadlines.

• Support debt covenant reporting, including preparation, review, and timely submission of lender-required reports and schedules.

• Review and approve non-standard/complex journal entries prepared by the team. Review and approve periodic variance reporting for the assigned portfolio.

• Review and approve cash analysis and check run files. Approve check and wire requests up to approved dollar amounts.

• Ensure that service standards are met and reported accurately for the assigned portfolio. Calculate CBRE management fee for assigned portfolio

• Provide technical advice and training on accounting systems.

• Act as a primary contact for internal and external auditors on accounting matters.

• Interpret current policies, practices, and plans and implement new operating procedures to improve efficiency.

• Ensure that systems follow acceptable accounting practices and applicable regulations.

• Apply deep knowledge of multiple disciplines, broad industry knowledge, and commercial awareness. Drive financial and functional performance within disciplines and across business.

• Lead by example and model behaviors that are consistent with CBRE RISE values. Negotiate with senior management, customers, and external parties of divergent interests to reach an agreement of strategic importance while being guided by the business segment and the organization\'s functional strategy.

• Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and coaching. Oversee the recruiting and hiring of new employees.

• Balancing and allocating the workload across the portfolio and establishing and maintaining the accounting organizational strategy and annual goals.

• Coordinate and manage the team\'s daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department deadlines. Mentor and coach as needed.

• Conceptualize new methods, techniques, processes, and standards across job disciplines or functions.

• Direct the resolution of highly complex or unusual business problems by applying advanced critical thinking.

What You\'ll Need:

To performthis job successfully, one should be able to perform each crucial dutysatisfactorily. The requirements listed below are representative of theknowledge, skill, and/or ability required. Reasonable accommodations may bemade to enable individuals with disabilities to perform the jobfunctions.

• Bachelor\'s degree in accounting or finance and 10+ years accounting experience, or equivalent combination of education and experience required.

• Experience in the areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising, and rewarding performance and retention is preferred.

• Prior experience in real estate accounting and analytics required.

• Requires proven knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an understanding of financial terms and principles to include accounting methods: cash, accrual, fair value, and GAAP.

• Knowledge of real estate terms, definitions, and real estate analytical methodology.

Why CBRE

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.

Our Values in Hiring

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.

Disclaimers

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

Applicant AI Use Disclosure

We value human interaction to understand each candidate\'s unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world\'s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in 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, project management, 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 Controller position is $170,000 annually and the maximum salary for the Controller position is $200,000 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).

CBRE, Inc. is an Equal Opportunity and Affirmitive Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)