Transaction Accountant

Cushman & Wakefield; Los Angeles (CA); In loco; USD 72.000 - 85.000; Tempo pieno

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Descrizione del lavoro

Cushman & Wakefield is seeking a Transaction Accountant in Los Angeles to support the Deal Management team through the post-close transaction process, focusing on transactional accounting and revenue recognition under ASC 606.

The role partners with Corporate Controllership, Deal Desk, Market Operations and Advisory Fee Earners to ensure accurate commissions, payments, and comprehensive documentation, while maintaining high-volume workflow and cross-functional collaboration.

Competenze

• Bachelor's Degree is required.
• 3+ years accounting/financial experience preferred.
• Basic to intermediate knowledge of Excel.
• Proficient with Workday, Salesforce & Power BI.
• Excellent communication and time management skills.
• Bilingual French/English language proficiency.

Mansioni

• Ensure all required documentation is present and properly executed.
• Accurately calculate and reflect commissions and payment terms.
• Master ASC 606 revenue recognition guidelines for deals.
• Manage lease contingencies, commission billing, and due dates.
• Provide guidance on required deal documentation and revenue recognition.

Conoscenze

Bilingual French/English

Detail oriented

Strong problem solving

Formazione

Bachelor's Degree

Strumenti

Workday

Salesforce

Power BI

Excel

Descrizione del lavoro

Transaction Accountant Job Description

Job Title Transaction Accountant Job Description Summary The Deal Management team provides a seamless experience to the brokerage community within Cushman & Wakefield’s Advisory business, primarily focused on the post-close transaction process. The Transaction Accountant role will specialize and focus on the transactional accounting aspects within the Deal Management workflow and will partner closely with the internal Corporate Controllership, Regional Operations, Deal Desk team, Market Operations and Advisory Fee Earner. The ideal candidate is an organized, detail-oriented professional with a strong customer-centric mindset. The ideal candidate excels at problem-solving, is comfortable analyzing large data sets, and has experience reviewing and interpreting complex contracts, leases, and commission agreements. The candidate will prioritize and maintain organization of a high-volume workload. Success in this role requires the ability to collaborate effectively with cross-functional teams, maintaining a solution-driven approach when faced with challenges.

Transaction Revenue Review

• All required documentation is present, current, and fully executed
• Commissions are accurately calculated, input, and reflected in the system
• Payment terms are captured properly
• Outside Brokers, Client Fee Share and internal splits are accurately reflected where applicable
• Deals are processed in accordance with ASC 606 Revenue Recognition Guidelines, in addition to month-end and year-end deal entry deadlines
• All expenses associated with the transaction are being recovered (related to OTT, OTB and DFC)
• Record and manage lease contingencies, commission billing and payment due dates
• Request recall, reject or approve upon review of the transaction
• Track and collaborate with the submitter to address all recalled or rejected transactions
• Collaboration may include future coaching session, group training, targeted guidance on specific areas to update within the transaction, etc…
• Address any transactions rejected by the Revenue Recognition team
• Meet all KPIs and SLAs related to transaction processing (includes accuracy and production targets)
• Initiate Fee Earner transaction adjustments as necessary in Salesforce (i.e. Post/Pre Cash, Net Override or Special Handling)
• Provide Deal Management consulting to colleagues in Deal Desk, Advisory Fee Earners, Admins/Coordinators, and local/regional Leadership by answering questions related to required deal documentation and revenue recognition at either the pre or post close phase of the transaction
• Take a proactive and creative approach to problem-solve issues or challenges and provide input for issue improvements, issue resolution or escalations
• Use tech-enabled functionality within the Deal Management system (Engage/Salesforce) to organize, track and manage the daily transaction review process

FINTRAC Compliance

• FINTRAC knowledge and experience to ensure compliance with regulatory requirements

Receivables Analysis & Management

• Proactively review and monitor aged receivables in accordance with the current policies and processes.
• Commission payments received and provide cash application instructions to the FSC.
• Ownership of researching, applying, and documenting unapplied cash in the system.
• Partner monthly with Advisory brokers and market leadership to determine and coordinate action on aged receivables.
• Review outstanding AR against Unapplied Cash.
• Resolve commission payment misapplications.
• Collaborate with cross-functional teams (i.e. Legal, Revenue Recognition, Accounts Receivable) to verify collectability and issue demand letters.
• Determine any significantly aged items that need to be escalated to local or regional leadership to be addressed.
• Write-off outstanding receivables with approval from necessary parties and in accordance with bad debt policy.
• Help identify trends or themes that can be addressed through process improvement and/or training to decrease the time to collection and/or bad debt.
• Initiate refunds, stop/void/reissue of payment.

Transaction Inquiries & Coaching Support

• Advisory brokers and/or market operations on commission related questions (i.e. payment inquiries: overpayment, underpayment, deductions, transaction detail & account balances)
• Provide coaching on the revenue recognition process to peers and colleagues in Deal Management, Fee Earners and Market Operations; Providing guidance and best practice feedback

Reporting and Special Projects

• Ad hoc Client Fee Share support Reporting
• Administer, develop and enhance reports
• Special Projects UAT Testing M&A efforts
• Participate in additional special projects, where necessary

Other Duties As Assigned

• Systems Salesforce/Engage Power BI Vendor Portal Workday BMO/TD Bank MS Office Suite Other systems as needed or developed

Requirements

• Bachelor's Degree
• 3+ years relevant accounting or financial experience preferred or any similar combination of education and experience
• Basic to Intermediate knowledge of Excel
• Basic knowledge of commercial real estate preferred
• Proficient knowledge of Workday, Salesforce & PowerBI
• Effective and efficient time management skills
• Detail oriented and thorough
• Proactive, task-oriented, self-starter
• Proven record of providing excellent internal and external customer service
• Excellent interpersonal skills with high initiative, flexibility, and team approach to work
• Excellent verbal and written communication skills, highly responsive to requests
• Bilingual (French/English) Language Fluent in both French and English, capable of switching between languages seamlessly in both verbal and written communication as well as being skilled in reading, writing, and understanding French to accurately interpret documents, respond to clients, and facilitate communication with French-speaking internal and external stakeholders.

Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work.

In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements. The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications. The company will not pay less than minimum wage for this role.

The compensation for the position is: $ 72,250.00 - $85,000.00

Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated. In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [e-mail]. Please refer to the job title and job location when you contact us.

INCO: “Cushman & Wakefield” About Cushman & Wakefield Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com