Senior Fund Accountant

Job ID

68602

Posted

20-Jun-2022

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Accounting/Finance, Investment Management

Location(s)

Bloomington - Minnesota - United States of America, Chicago - Illinois - United States of America, Dallas - Texas - United States of America, Los Angeles - California - United States of America, Washington, D. C. - District of Columbia - United States of America

JOB SUMMARY
Under supervision, performs accounting and reporting including set up and accounting for investmententities. Prepares monthly, quarterly and annual portfolio level consolidated financial statements and other client reporting.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Financial Statement & Budgets:Supports production of fund financial statements and other required financial information including but notlimited to investor funded and unfunded commitments, asset accrual methodology and output. May maintains shareholder registries. Supports preparation of periodic financial statements and assists with audit and tax preparation and audit review.Supports budgeting, forecasting and reporting activities. Assist in designing and preparing clientpresentations relating to the fund. Completes in an accurate and timely manner.Monitors Financial Performance:Monitors and compiles financial data. Performs reviews of parts of monthly property level reports.Treasury Function:Supports the daily activities of the treasury, cash management and accounting function of the fund.Assists with posting journal entries and money-movement transactions. Ensures all fund transactions areproperly posted to accounting system. Assists with preparing and reconciling trial balances for assigned funds.In the US, supports preparation of investment and positions reconciliations and daily reconciliation of cash balances. Performs periodic asset payment, cash and corporate action reconciliations.Risk Management:Supports senior team members in the management of risk and compliance activities.New Business Participation & Structuring:May participate in new business proposals. May assist with structuring investments and raising capital.NAV Calculation:Prepares, analyzes and reviews periodic NAV calculations.Some regions updates and monitors daily trading, general ledger activity and pricing of funds to ensure accuracy of daily NAV calculation.Investors' Contact: May be a contact point for investors. Feeds data for client presentations on financials. Supports preparation of investor capital call/distribution notices. Supports preparation of IRR and performance reporting models. Customer Service: Executes on processes and procedures, and constantly provides feedback on process improvement. Performs administrative tasks as required. Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Systems Implementation: Participates in systems testing and implementation-related tasks. Provides data, information and has in-depth supporting role in an audit process. Special Projects: May participate in special projects including new fund set-up and fund closures.
Other Duties: Performs other duties as assigned SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance and/or portfolio-specific training to others.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential 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 the essential functions.
EDUCATION and EXPERIENCE
Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of three years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting preferred with real estate accounting or fund accounting software systems.
CERTIFICATES and/or LICENSES
Certified Accountant qualifications in relevant jurisdictions or working towards this.
COMMUNICATION SKILLS
Solid written and verbal communication skills. Solid organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts intermediate financial analysis. Foundational technical financial skills and knowledge of GAAP, FASB, REIS, IFRS, and in region/in-country standards.
REASONING ABILITY
Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and/or ABILITIES
Intermediate knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.
SCOPE OF RESPONSIBILITY
Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to clients, co-workers and supervisor.
#INDSJ

• California Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $72,000 annually and the maximum salary for this position is $95,000 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.

CBRE is an equal opportunity/affirmative action employer with 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.