The Senior Accountant is responsible for routine assignments for specific projects and Business Unit (City); to follow established accounting policies and procedures; and to assist in all phases of accounting, including but not limited to, financial reporting, analysis, budgeting and general ledger maintenance, and account reconciliations.
Maintain the general ledger for development operational deals and corporate books for various business units throughout the United States, monitor deals in pursuit, close books monthly, and prepare financial reporting packages for projects or customers
Read and Abstract Services Agreements for revenue recognition in accordance with GAAP
Read and Abstract loan agreements for debt covenant and reporting requirements
Read and Abstract partnership agreements for reporting requirements
Ensure all recorded transactions are in accordance with GAAP or other required accounting standards
Prepare monthly recurring journal entries and adjusting journal entries as needed
Review income statements and balance sheets at month-end for specific transactions on assigned project numbers; research, reconcile, and resolve issues for all balance sheet accounts on assigned project numbers
Review/prepare construction draws and reconcile to the general ledger asset accounts
Cash management for assigned project bank accounts
Participate in the budgeting and forecasting process
Review fixed asset ledgers to ensure items are properly capitalized and depreciated
Prepare and/or review a variety of routine and ad hoc financial reports for management and other internal customers
Respond to routine and non-routine inquiries from field offices, other departments and colleagues
Audit ledgers and assist in providing information to outside and internal audits
Research and analyze complex accounting issues
Prepare federal tax templates for Tax Department for various legal entities
Handle legal entity dissolutions for sold deals
Complete routine responsibilities per policy and in a timely manner including preparing and/or recording transactions for assigned business unit
Bachelor's degree in accounting from a four-year college or university together with 4+ years of experience in corporate and or partnership accounting. Prefer experience with real estate development accounting.
Ability to read, analyze and interpret financial reports and complex business documents and to respond to inquiries or complaints from customers or management. Requires a high level of commitment to customer service with co-workers, managers and customers.
Ability to work well under pressure with a proactive approach to unusual occurrences. Requires good organizational skills, attention to detail and openness to new ideas and procedures. Ability to perform multiple special requests, with varying deadlines, while maintaining routine workload demands and deadlines. Requires strong time management skills in an effort to re-prioritize assigned tasks at any moment.
Must have strong ethical standards and exhibit sound and accurate judgment.
Strong interpersonal skills as well as strong verbal and written skills. Proven record of providing excellent internal and external customer service.
Ability to follow through, complete and accept ownership of all projects and tasks. Ability to work independently.
Takes initiative to cover workload when other team members are absent.
Computer literate. Very strong or advanced knowledge of spreadsheet software (Excel). Ability to work with financial systems (i.e. CTI, MRI, YARDI et al). Knowledge of real estate service industry and terminology helpful.
Trammell Crow Company provides best-in-class development services to real estate occupiers and investors. Founded in 1948, Trammell Crow Company (TCC) has developed or acquired more than 2,700 buildings totaling 590 million square feet with a value of over $65 billion. With professionals in 17 major U.S. cities, we serve occupiers and investors in office, industrial, retail, healthcare, mixed-use and multi-family residential properties. TCC is the largest commercial real estate developer in the U.S. with $10.6 billion in active projects in process, and an additional $2.5 billion in the pipeline as of June 30, 2019. The company acquires premier sites in the most desirable markets, procures optimal entitlements, and directs the design, construction and leasing of assets. TCC builds sustainable properties that generate long-term economic benefits through timeless design, superior functionality, and smart technology. Every development is rigorously vetted by our investment committee, and the company employs a conservative capital structure to mitigate risk. As an independently operated subsidiary of CBRE, the world's largest real estate services firm, TCC enjoys ready access to the nation's top project execution teams and transaction advisors; the industry's strongest balance sheet; an unparalleled technology platform; and world-class proprietary research.
Internal Number: 19037281
With broader and deeper capabilities than any other company, CBRE is the leading full-service real estate services and investment organization in the world.
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2017 revenues of $14.2 billion and more than 80,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #214 in 2017. It also has been voted the industry’s top brand by the Lipsey Company for 17 consecutive years, and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for six years in a row. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”
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.