Sr. Finance/ Accounting Manager: Hybrid- NY, NY

Job ID

179684

Posted

11-Sep-2024

Service line

GWS Segment

Role type

Full-time

Areas of Interest

Accounting/Finance

Location(s)

New York City - New York - United States of America

GWS Local is a hard services-led, tailored facility management solution. We self-perform hard services while partnering with best-in-class soft service providers to offer bespoke facility and project management solutions to our clients. We focus on empowering our team with a high-level of downstream accountability resulting in agile and efficient service delivery.

In addition to our core facility and project management capabilities, our platform offers direct access to our Best-in-Class services including ESG, Security Consulting, Workplace Strategy, and Workplace Experience.

Key Responsibilities:

Customer

•Developing high-quality and effective Client relationships, especially across the Business Unit.

•Build good working relationships with account management and key client members and be a business partner for both.

•Tightly manage contract governance, demonstrating an in-depth knowledge of the terms and conditions of the contract to ensure that all cost elements are appropriately accounted for.

Financial Reporting

•Participate in monthly formal Contract and Business unit reviews. Ensure the use of the best practices, communication, and understanding of key business messages through monthly site visits with a focus on underperforming contracts.

•Prepare accurate Business Unit reports in line with the monthly company timetable including full Profit & Loss account with analysis and commentary, Balance Sheet extracts and reconciliations, detailed Project Profitability reporting, Profit & Loss forecasts, and annual plans.

•Ad-hoc reporting, support and financial analysis as requested by Divisional Finance Director or Business Unit Director.

Contract and Finance Management

•Continually review, maintain, and improve cash flow, margins, and reporting. Develop targets and benchmarking processes to challenge the financial information.

•Drive high-quality financial/commercial performance through understanding the contractual commitments on service lines in the US and ensure are aligned and consistent with global contract management practices.

•Review Contract and Business Unit P&L results and challenges.

•Active management of overheads for business whilst seeking out areas for efficiencies for savings.

•Build and develop high-level relationships with business and account leaders, central finance teams, customers, and external agencies (e.g. auditors).

•Communicate regularly with contract financial and contract support staff to ensure they are fully informed of operational objectives and achievements.

Finance/Accounting Processes, Procedures, and Reporting

•Ensure company policies and procedures are adhered to consistently throughout the Business Unit / Contract.

•Ensure full substantiation of all accruals, client billing, accounts receivables, un-billed revenue, etc., in line with GWS policy.

•Ensure proper cost and revenue recognition alignment.

•Must have an in-depth understanding of financial results and reasons for key performance variances.

•Ability to identify financial opportunities and risks as well as perform account reconciliations.

•Ability toresearch, data-mine and problem solve independently. Attention to detail is required.

•Manage the integrity of data in Client reporting and GWS systems.

•Develop an understanding of how to best utilize GWS system-generated reporting capabilities.

•Continually develop systems to maximize efficiency benefits for clients & GWS.

•Ensure the accuracy and integrity of accounting records and financial systems, identify opportunities to enhance system efficiencies

•Have thorough knowledge of procedures and processes and lead the delivery of these to the required standard.

•Manage compliance through the required procedures and processes.

Finance Planning

•Lead the preparation of the annual bottom-up Plan for and monitoring the forecast throughout the year.

•Lead the preparation of bi-annual forecasts.

Financial Governance

•Ensure CBRE and statutory obligations are met for reporting and governance purposes.

•Responsibility for ensuring the integrity of the Balance Sheet and Balance Sheet Commentary.

•Driving and agreeing on any financial policy requirements with the Divisional Financial Director.

People Management

•Recruit, induct, manage, target, motivate, and develop the Business Operations Manager and any other BU Finance Staff.

•Review and advise on resourcing gaps.

•Carry out structured appraisals and ensure personal development plans are in place and include succession plans.

•Build, lead, and motivate a diverse and effective team. Empower team members to take responsibility and accountability.

•Convey messages and ideas clearly and openly. Involve people and influence decisions.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below represent the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

EDUCATION and EXPERIENCE

Bachelor's degree (BA/BS) from a four-year college or university in a business-related field.

Requires a minimum of six years of related experience including at least three years in a lead or supervisory capacity.

Accounting and month-end close experience required.

CERTIFICATES and/or LICENSES

CPA or MBA (graduate degree) is preferred, but not required (depending on experience).

COMMUNICATION SKILLS

Ability to comprehend, analyze, and interpret the most complex business documents. Ability to effectively interact with management, employees, auditors, etc., and respond effectively to the most sensitive issues. Ability to accurately explain/report activity in verbal and written communications. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management, and/or public groups. Ability to motivate and work collaboratively with business partners, key employees, top management, and client groups on various projects. Fosters an environment of team building and an open-door policy.

FINANCIAL KNOWLEDGE

Requires in-depth knowledge of financial terms and principles. Ability to forecast and prepare budgets. This position conducts complex financial/business analysis, including the preparation of complex reports. Broad, in-depth understanding of Generally Accepted Accounting Principles (GAAP), concepts. SEC reporting experience desired (depending on the specific finance role).

REASONING ABILITY

Ability to solve advanced problems and deal with a variety of options in complex situations. Requires expert-level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Ability to problem-solve, both independently and working as a team. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.

OTHER SKILLS and ABILITIES

Strong computer skills, including specific knowledge of Microsoft Office Suite (Excel, Word, Outlook, PowerPoint, etc.). Broad experience with other software and financial systems is desired (particularly HFM Consolidation, PeopleSoft Financials, and Cognos Planning). Knowledge of the real estate service industry and terminology is helpful. Ability to plan and manage multiple projects and work streams. Strong work ethic and adaptability.

SCOPE OF RESPONSIBILITY

Decisions are made with an in-depth understanding and interpretation of procedures, company policies, and business practices to achieve general results. Responsible for setting department deadlines. Errors in judgment may cause a long-term impact on co-workers, supervisors, department, and/or line of business.

Why CBRE

We lead by example, guided by the needs of the cities we inhabit, the communities we build, and the world we live in. The more perspectives we have, the more dimensions we’re able to see. A culture of respect, integrity, service, and excellence shapes our approach to every opportunity.

Our competitive and comprehensive benefits program was designed to make sure you feel valued with benefits that support the mental, physical, emotional, and financial health of you and your family.

Maintain your career momentum with the best tools and training in the industry. You’ll have everything you need to thrive in your role: challenging work, dedication to results, fast-paced assignments, and a culture of constant learning.

Diversity, equity, and inclusion (DE&I) are more than just values- they’re a competitive advantage. By crafting a place where our employees are recognized for their contribution and given a chance to grow, we regularly open ourselves and our business opportunities.

New York Residents: CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience.

The minimum salary for the Sr. Finance Manager position is $100,500 annually and the maximum salary for the Sr. Finance Manager position is $160,000 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.

CBRE GWS

CBRE Global Workplace Solutions (GWS) works with clients to make real estate a meaningful contributor to organizational productivity and performance. Our account management model is at the heart of our client-centric approach to delivering integrated real estate solutions. Each client is entrusted with a dedicated leader and is supported by regional and global resources, leveraging the industry's most robust platform. CBRE GWS delivers consistent, measurably superior outcomes for our clients at every stage of the lifecycle, and across industries and geographies.

Find out more (https://www.cbre.com/real-estate-services/directory/global-workplace-solutions)

CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)