Fund Accounting Director

Company: CBRE
Location: Melville
Posted on: November 1, 2024

Job Description:

Fund Accounting Director

Job ID

180877

Posted

16-Sep-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Accounting/Finance

Location(s)

Melville - New York - United States of America

About The Role:

We are looking for a Fund Director for CBRE Investment Accounting & Reporting Solutions, an exciting and growing environment. Contributors in this role will coordinate fund reporting, work with internal and external collaborators, and maintain the client relationship.

What You'll Do:

• Review fund financial statements and provide strategic insights and analysis. Review financial performance and provide a forward-looking view and strategic advice to the management team.
• Handle portfolio budgets, forecasts, and reports for clients/investors.
• Serve as a liaison and strategically build relationships with key partners.
• Manage the treasury/cash management function for the client.
• Develop responses to RFPs, attending and participating in sales pitches to present accounting solutions in pursuit of new fund-level business.
• Handle capital request and budgeting progress, reviewing new contracts and business opportunities. May oversee multiple deals of varying sophistication.
• Oversee fund structuring (setting-up/maintaining), joint venture structuring and underlying inquiries, subscriptions, and redemptions terms and conditions.
• Collaborate internally in handling special requirements as defined in the Management Agreement and scope of services in the Financial Services Agreement.
• Lead and support staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising, and rewarding performance.
  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 in accounting or finance and 10+ years of accounting experience or equivalent combination of education and experience required.
  • Prior experience in fund (NAV) accounting, specifically with real estate accounting or fund accounting software systems such as Yardi.
  • Requires 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, and full GAAP).
  • Confident understanding of real estate terms, definitions, and real estate analytical methodology.
  • Strong coordinative skills and well-developed judgment.
    New York Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $150,000 annually and the maximum salary for this position is $200,000 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 will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
    
    Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
    
    Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
    
    New York Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $150,000 annually and the maximum salary for this position is $200,000 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.
    
    Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have 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.
    
    Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
    
    NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.

Keywords: CBRE, Pawtucket , Fund Accounting Director, Executive , Melville, Rhode Island