The Senior Accountant is responsible for the routine accounting for specific real estate development projects and/or business units. This includes, but is not limited to, monthly journal entries and g/l maintenance, account reconciliation and analysis, budgeting, and financial reporting.
G/L maintenance, monthly close, and financial reporting packages for assigned projects or business units
Review development agreements and determine fee recognition in accordance with GAAP
Work with technical accounting group to resolve complex accounting issues
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 projects; research, reconcile, and resolve issues for all balance sheet accounts on assigned projects and business units.
Cash management; process wires for acquisitions/closings
Review/prepare construction draws and reconcile to the general ledger asset accounts
Participate in the budgeting and forecasting process
Review fixed asset ledgers to ensure items are properly capitalized
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
Facilitate internal and external audits of projects/business units
Prepare federal tax templates for tax department
Bachelor's degree in accounting and 4+ years of experience in corporate or partnership accounting. Experience with real estate development accounting is a plus.
Must have strong ethical standards and exhibit sound and accurate judgment.
Ability to read, analyze and interpret financial reports and complex business documents and to respond to inquiries from customers or management. High level of commitment to customer service with co-workers, managers and customers. Strong interpersonal, verbal and written communication skills.
Ability to work well under pressure with a proactive approach to unusual occurrences. Good organizational and time management skills; demonstrated ability to balance multiple priorities, including ongoing requirements and special requests. Adaptable; open to process improvements and system changes.
Takes initiative and follows through on deadlines and deliverables. Accepts ownership of projects and tasks. Collaborates with team members to redistribute workload as circumstances require.
Advanced knowledge of Excel. Experience with one or more general ledger systems and willing to learn new systems as necessary.
Experience with real estate development accounting. Knowledge of real estate service industry and terminology. Experience with Yardi, MRI, or PeopleSoft.
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 18 major U.S. cities and the U.K., 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 $13.7 billion in active projects in process, and an additional $6.1 billion in the pipeline as of June 30, 2020. 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: 20029895
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.