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CBRE · 2 hours ago

Assistant Fund Accounting Controller

Melville, NY

Full-time

Onsite

Senior Level

$100K/yr - $110K/yr

5+ years exp

CBRE is a global leader in commercial real estate services and investment. The Assistant Fund Accounting Controller will assist in meeting client expectations by coordinating, preparing, and reviewing fund reporting, including NAV calculations and financial statements.

CommercialFinancial ServicesProperty DevelopmentReal Estate

No H1B

Responsibilities

Prepare, analyze, and review periodic NAV calculations

Input daily trading, general ledger activity, and pricing of funds to ensure accuracy of daily NAV calculation

Produce fund financial statements and other required financial information including investor commitments, asset accrual methodology, and output

Perform detailed review of monthly property level reports

Assist the treasury, cash management, and accounting function of the fund. Post journal entries and money-movement transactions

Prepare investment and position reconciliations and daily reconciliation of cash balances

Prepare investor capital call and distribution notices

Troubleshoot issues to ensure internal and external requests are handled timely, accurately, and with a focus on customer service

Coach junior staff on an informal basis

Qualification

Fund accountingGAAP knowledgeTechnical financial skillsAccounting software (Yardi)FASB regulationsFinancial analysisReal estate industry experienceCoaching

Required

Bachelor's degree and 5+ years of relevant experience required

Experience with fund (NAV) accounting required, with real estate industry exposure preferred

Knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP)

Technical financial skills and knowledge of GAAP, FASB, REIS, IFRS, and in-region/in-country standards where applicable