Sr Project Accountant – Trammell Crow Company Job Vacancy in CBRE Houston, TX – Updated today
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Company Name : CBRE
Location : Houston, TX
Position :
Job Description : Posted
11-Mar-2022
Service line
REI Segment
Role type
Full-time
Areas of Interest
Accounting/Finance
Location(s)
Houston – Texas – United States of America
JOB SUMMARY
Responsible for the daily accounting reporting activities and administration of contracts, including updating the asset management system (ELITE), vendor contract administration, reviewing payment applications, tracking costs and accounts receivable, producing monthly progress reports for capital partners and lenders, and preparation of contract abstracts, lease abstracts, draw packages, invoices, and contract closeout packages.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepares information used by corporate accounting for financial reporting and project accounting purposes. Examples include requests for funding against construction loans, and the business unit’s payables, forecasts, or budgets.
Administers loans, vendor contracts, and draws for development projects, including monitoring key dates and reporting requirements for assigned projects.
Ensures that all payment deadlines are met.
Controlling accounts receivable and payable.
Tracking project and pursuit expenditures against budgets and contracts.
Produces a variety of routine and ad hoc accounting reports or projections for internal or project partner uses.
Ability to work efficiently in various accounting software packages, as required for projects/partners. Participates in the evaluation and/or implementation of project accounting software packages, as required.
Ensures that department/business unit and project files are maintained in accordance with company policies and procedures.
Efficiently work with internal Elite software for tracking and inputting data/information.
Review closing statements and various partnership or loan documents for financial requirements.
Performs other duties as assigned.
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance and/or training to coworkers. May coordinate work and assign tasks.
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
Bachelor’s Degree in Accounting or Finance. 4+ years accounting/finance experience. Experience in or exposure to real estate industry preferred.
COMMUNICATION SKILLS
Strong organizational and analytical skills. Ability to comprehend and interpret instructions, short correspondence, and memos and ask clarifying questions to ensure understanding. Ability to write routine reports and correspondence. Ability to effectively present information to both internal and external constituents. Ability to respond to common inquiries from clients, co-workers, and/or supervisor.
FINANCIAL KNOWLEDGE
Requires basic knowledge of accounting/financial terms and principles. Ability to calculate simple figures such as percentages, as well as financial metrics like IRR, yield on costs, debt service constant, etc.
REASONING ABILITY
Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.
OTHER SKILLS and/or ABILITIES
Strong skills in Excel to create, modify, and import/export spreadsheets for financial modeling. Works well with others on project teams, and able to train others in using accounting software packages.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and
An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.
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
Bachelors degree in Accounting, Finance or related field OR equivalent combination of education and experience. 4+ years professional level accounting experience.
CERTIFICATES and/or LICENSES
CPA preferred.
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, representatives of federal and state governments, and external auditors. Ability to collect, analyze, and summarize data and prepare clear, concise financial reports. Must have ability to convey complex financial issues to non-financial users.
FINANCIAL KNOWLEDGE
Comprehensive 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 to advanced figures such as percentages, discounts, and/or commissions. Conducts intermediate to advanced financial analysis. Advanced understanding of accounting and bookkeeping concepts. Ability to assist with budget and forecast preparation. 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 to advanced analytical and quantitative skills. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
OTHER SKILLS and ABILITIES
Advanced skills in Microsoft Office suite applications. Ability to design and produce various ad-hoc reports. Advanced knowledge of computer applications related to real estate accounting or financial management systems.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause long-term impact to co-workers and supervisor. Able to solve problems and deal with a variety of options in varying situations.
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.
NOTE: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.
Trammell Crow
At Trammell Crow Company (TCC), our expertise, industry leadership and the backing of CBRE have made us one of the largest commercial real estate developer in the U.S. with over $8 billion in active projects.
For nearly 70 years, TCC has been providing a full range of development and investment services to commercial real estate occupiers and investors. As a merchant builder, we create value through site identification, by procuring optimal entitlements, and directing the design, construction, and leasing of assets positioned to meet the needs of the market or user.
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