Property Accounting Controller

CBRE; Melville (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading real estate services firm is seeking a Property Controller in Melville to assist in financial reporting and analytics for property owner entities. Ideal candidates will have 7+ years of accounting experience and a Bachelor's degree in accounting or finance. The role includes producing financial packages, managing cash activities, and supporting audits. This full-time position offers opportunities for professional growth in real estate accounting.

Qualifications

• 7+ years of accounting experience or equivalent education and experience.
• Fluent written and verbal communication skills.
• Intermediate knowledge of GAAP and FASB regulations.

Responsibilities

• Produce financial reporting packages for property related entities.
• Work with client’s auditors for audits and draft annual reports.
• Compile and analyze financial data, track property owner reports.

Skills

Accounting experience

GAAP knowledge

Analytical skills

Communication skills

Education

Bachelor's degree in accounting or finance

Job description

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Overview

About The Role: We are looking for a Property Controller for CBRE Investment Accounting & Reporting Solutions, in a growing environment. Contributors in this role assist the team in coordinating financial reporting and analytical review of the property owner entities.

What You'll Do

• Produce financial reporting packages (such as work-papers) and other required financial information and analytics for all property related entities.
• Work with client’s auditors for interim and year end audits; draft annual audit reports.
• Compile, analyze, and track financial data by performing detailed review of monthly property owner reports such as: operating statement variance reports, aged receivables, aged payables, and capital expenditures variance to budget.
• Support the daily activities of cash management, such as: preparing monthly bank reconciliations, reviewing cash balances, preparing capital calls or loan draws, preparing distribution waterfalls, managing cash security deposits, and ensuring fees payable to management company are accurately calculated and paid timely.
• Review lease abstracts and lease recurring charge set up.
• Troubleshoot issues and ensure requests are handled timely, accurately, and with a focus on customer service.
• May support junior team members and provide technical guidance or training to others.

What You'll Need

• Bachelor's degree in accounting or finance and 7+ years of accounting experience or an equivalent combination of education and experience is required.
• Prior experience in real estate accounting and analytics is preferred.
• Communicates clearly and concisely. Should have fluent written and verbal interpersonal skills.
• Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including proven knowledge 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.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Accounting

Locations

• Melville, NY
• Westbury, NY
• Hicksville, NY
• Farmingdale, NY
• Great Neck, NY
• Uniondale, NY
• Greenwich, CT