Fund Accounting Controller

CBRE; Los Angeles (CA); On-site; USD 120,000 - 130,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

CBRE is seeking a Fund Accounting Controller to join the Investment Accounting & Reporting Solutions group. You will produce NAVs, financial statements, and client reports, while coordinating treasury and year-end processes in a fast-paced environment.

The role requires 7+ years of relevant fund accounting experience, GAAP knowledge, and proficiency with Yardi and MS Office. Competitive compensation and discretionary bonus are offered.

Qualifications

• NAV calculations and financial packages must be accurate.
• Strong GAAP and FASB knowledge; financial terms and methodologies.
• Proficient with Excel and MS Office tools.
• Ability to manage deadlines in a fast-paced environment.

Responsibilities

• Prepare, analyze, and review NAV calculations and financial packages.
• Monitor daily trading, GL activity, and fund pricing for NAV accuracy.
• Prepare financial statements and assist with audits and tax prep.
• Manage portfolios budgets, forecasts, and client reports.
• Coordinate treasury, cash management, and fund-level reconciliations.

Skills

NAV calculations

GAAP knowledge

Excel proficiency

Communication

Education

Bachelor's degree

Tools

Yardi

Job description

CBRE's Investment Accounting & Reporting Solutions group is seeking a Fund Accounting Controller to join a collaborative team focused on supporting a portfolio of clients. This role is responsible for producing and reviewing Net Asset Values and financial reports.

What You'll Do:

• Prepare, analyze, and review NAV calculations and financial packages for completion and accuracy.
• Update and monitor daily trading, general ledger activity, and pricing of funds to ensure accuracy of NAV calculation.
• Produce, review, and verify financial information including investor funded and unfunded commitments, asset accrual methodology, and output, providing qualitative analysis.
• Prepare financial statements; assist with audit and tax preparation and review.
• Handle portfolio budgets, forecasts, and reports for clients and investors.
• Assist with reviewing P&L calculations at the fund and investor levels.
• Coordinate treasury, cash management, and accounting functions, including review and approval of fund level bank account reconciliations.
• May provide assistance such as technical guidance and portfolio specific training to others.
• Coordinate work with other team members within single point-of-contact (SPOC) guidelines.
• 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.
• Support internal and external audits, providing required documentation and explanations.
• Ensure adherence to CBRE's IA&R standards, SOX compliance (if applicable), and client-specific policies.
• Oversee workload planning, review work product, and provide ongoing training to ensure high performance and technical accuracy.
• Foster a culture of continuous improvement, process standardization, and operational efficiency.
• Drive improvements in accounting procedures, reporting automation, and workflow efficiencies.
• Support onboarding of new clients and transition of new scopes of work.

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.

• Bachelor's degree and 7+ 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.
• Ability to manage multiple deadlines in a fast-paced, client-focused environment.
• Strong proficiency in Microsoft Office applications, including Word, Excel, Outlook, and related tools.
• Excellent communication skills and the ability to partner with clients and cross-functional teams.
• Strong quantitative skills, with the ability to perform moderately complex financial calculations such as percentages, fractions, and related numerical analyses.

CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $120,000 annually and the maximum salary for this position is $130,000 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.

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 can 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.

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.