CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2020 revenues) with more than 100,000 employees (excluding affiliates). CBRE has been included in the Fortune 500 since 2008, ranking #128 in 2021. It also has been voted the industry’s top brand by the Lipsey Company for 20 consecutive years and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for nine years in a row.
The company serves real estate investors and occupiers through approximately 530+ offices worldwide (excluding affiliates). CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
Key Tasks
Develops and maintains positive relationships with tenants, including attending tenant meetings to note their concerns and solving their issues.
Reviews and/or processes billing/invoicing and enters data into the accounting databases. May either apply or submit cash applications to the vouchers/invoices. Researches and resolves accounts receivable and payable issues.
Following up with tenants/operators and collecting outstanding amounts, issuing breach notices to tenants/operators
Answers questions from other departments, locations and divisions regarding various accounting issues and reports, including profit and loss reports. Researches open accounting issues.
Assist in prepares income statements, balance sheets and various other accounting statements or financial reports for field and management reference for a small to mid-size customer or market.
Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records. Reviews transactions from subsystem to ensure data accurately passed through the various tables and sub ledgers.
Assist in analyzes accounting variances and prepares variance explanation reports.
Analyzes reports and records, making recommendations relative to the accounting of reserves, assets, and expenditures.
Assist in prepares Balance Sheet reconciliations.
Maintains, records, and reconciles billings and accounts receivables for small to mid-size clients/markets or accounts.
May initiate rent collections correspondence and phone contact with tenant where permitted by state regulations.
Assist in examines financial statements and documents for conformance with accounting requirements and principles.
Assist in creates month-end accounting entries and reconciles discrepancies; posts to GL and reviews variances to budget.
Knowledge of VAT and filling VAT return.
Performs a variety of administrative tasks for assigned staff including but not limited to phone support, visiting various sites, draft, preparation and distribution of correspondence, expense reporting, calendar and scheduling, meeting coordination, filing and copying, etc.
Performs other duties as assigned.
Communication Skills
Excellent written and verbal communication skills.
Strong organizational and analytical skills.
Ability to provide efficient, timely, reliable and courteous service to customers.
Ability to effectively present information.
Proven ability to communicate effectively, both orally and in writing and interact effectively with management, employees, and auditors.
Must have the ability to convey financial issues to non-financial users.
Ability to collect, analyze, and summarize data and to prepare clear and concise reports.
Financial Knowledge
Knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations.
Requires knowledge of financial terms and principles.
Ability to calculate intermediate figures such as percentages, discounts, and/or commissions.
Conducts basic financial analysis.
Follows accounting practices to ensure optimum client satisfaction while guaranteeing CBRE financial interests are protected.
Reasoning Ability
Ability to comprehend, analyze, and interpret documents.
Ability to solve problems involving several options in situations.
Requires intermediate analytical and quantitative skills.
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
Other Skills and Abilities
Proficient in Microsoft Office Suite applications– Must be proficient in Excel, Word and PowerPoint
Experience with automated accounting and financial management systems.
Commitment to Values
Ability to adhere to a set of core values and act in line with our CBRE R.I.S.E. values:
RESPECT – Treat everyone with dignity, value their contributions, and help one another succeed.
INTEGRITY - Uphold the highest ethical standards in our business practices.
SERVICE - Dedicating our selves to making a meaningful impact on our clients and in our communities.
EXCELLENCE – Aspire to be the best in everything we do and drive for continuous improvement.
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.
Education and Experience
Degree from a four-year college or university program with an emphasis in accounting, finance.
A minimum of four years prior accounting, finance or related experience required, preferably within the commercial real estate industry.
Experience with real estate accounting software E.g. Yardi will be preferred.
Certificates and/or Licenses
Chartered Accountant (CA), ACCA, or FCCA
Languages
Fluency in English, verbal and written. Arabic and other languages are a plus.
Professional Certification/Licenses
UAE Driver’s license (Mandatory)
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