Business Services Administrator / Real Estate Accountant - Trammell Crow Company
Company: CBRE
Location: Mesa
Posted on: August 6, 2022
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Job Description:
Posted18-May-2022Service lineREI SegmentRole typeFull-timeAreas
of InterestAdministrativeLocation(s)Phoenix Arizona United States
of AmericaJOB SUMMARY:At Trammell Crow Company, we have built our
business - and reputation - by hiring great people.We believe
outstanding, capable and dedicated employees have laid the
foundation of our success and are our most valuable asset. Trammell
Crow Company cultivates an environment that empowers its employees
to be the best.Our Business Services Administrator position is in
our Phoenix, AZ office. This position will perform accounting and
financial management functions for a publicly held real estate
development company. Duties include monthly draw requests to
capital partners and lenders using a proprietary draw module,
provide project managers with project cost reporting and
forecasting analysis vs budget, invoice monthly development fee
revenues, monitor and forecast business unit financial results vs
budget and assist with underwriting, due diligence and accounting
setup on pursuits and transaction closings.ESSENTIAL DUTIES AND
RESPONSIBILITIESMonthly Project Reporting, Funding Requests and
Other Essential Duties (include but are not limited too):
Coordinate timely submittal of monthly project debt/equity funding
requests using the Elite draw module Responsibility for variance
analysis, contract tracking, budget adjustments, contingency
tracking and forecasting of committed costs based on communication
with the project manager. Equity prove-up support to lenders Work
with and support TCC development managers, TCC corporate accounting
group and lender/capital partner representatives Monitor draw
funding status and payment of corresponding disbursements to ensure
payment deadlines are met Reconciliation of costs per draw reports
to the general ledger to verify all costs incurred have been funded
Ability to work efficiently in various accounting software packages
as required by TCC, partners and clients Maintain business unit and
project accounting files Knowledge of development agreements, joint
venture agreements and loan agreements to ensure compliance Produce
a variety of routine and ad hoc accounting reports or projections
for TCC, partner or client uses as needed Maintain project
information in the Elite Asset Management System for in-process,
pipeline and pursuit projects Responsibility for processing BU
accounts payable, employee expense reports and vendor maintenance
requests Coordinate with Corporate Accounting for bank account
setups for new projects. Initiate/track project insurance
requirementsSUPERVISORY 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
essentialfunctions.EDUCATION and EXPERIENCE:o Bachelor's degree in
Accounting, Finance or Real Estate Finance preferredo Prior project
management/coordination experience is preferredo Working knowledge
of Microsoft Excel and Wordo Strong interpersonal and analytical
skills COMMUNICATION SKILLS:o 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:o
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:o 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:o
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 supervisor.#INDSJCBRE 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 CrowWhen you're
a part of Trammell Crow Company, a global commercial real estate
development company, you're a part of a team that brings local
ingenuity and global vision to everything we build. From Labs in
Boston to Logistics in Prague to homes in Houston, we transform
spaces into places, changing the way people and places connect.With
the spirit of entrepreneurship, innovation, and collaboration at
our core, our people are committed to upholding our RISE (Respect,
Integrity, Service, Excellence) Values. This drives our mission for
a diverse, equitable, and inclusive workplace so business and
communities thrive.Trammell Crow Company's performance is fueled by
our most powerful asset-our people. Comprised of teams possessing
passion, innovation, and a visible culture of excellence, we
welcome talent with diverse backgrounds and experiences across
industries to apply for open positions.
Keywords: CBRE, Mesa , Business Services Administrator / Real Estate Accountant - Trammell Crow Company, Accounting, Auditing , Mesa, Arizona
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