About The Role: As a CBRE Finance Manager, you will manage and own the accuracy of the books, the speed of billing and the collection of cash for a defined portfolio or business unit. This role is part of the Financial Strategy & Operations function and maintains the accounting, financial, and reporting policies and controls that support it. The Finance Manager prepares and reviews the monthly close, balance sheet reconciliations and management reporting, and makes sure every invoice is correct, on time and collected through accounts receivable (AR).
The Finance Manager leads and develops a team of analysts and billing specialists, and partners with operations leaders to explain results, challenge performance and protect margin. Act as a business partner to the Business Unit Director to both advise and challenge senior management on contract performance. Build meaningful relationships across multi-stakeholders within CBRE leveraging opportunity to improve Business Unit profile What You’ll Do: Accounting and financial reporting ‒ Manage the monthly close on the company timetable, from accruals and journal entries through to final financial statement packages for clients and management. ‒ Review and approve monthly journal entries, balance sheet account analyses, the statement of cash flows and supporting schedules. ‒ Review consolidated reporting packs and client financial packages for accuracy and completeness before release. ‒ Prepare the full profit and loss (P&L) with analysis and commentary, balance sheet extracts and reconciliations, and project profitability reporting. ‒ Apply cash and accrual accounting fundamentals consistently, and resolve open accounting issues before they affect the close. ‒ Respond to questions from management, clients and auditors on accounting treatment and reporting.
Billing and AR ‒ Own the billing cycle: confirm that every invoice is accurate, complies with contract terms, and issues on schedule. ‒ Review billing support, including expense pass-throughs, management fees, funding requests and owner distributions, before invoices release. ‒ Manage AR from invoice to cash: monitor the aging report, drive collections, and escalate disputes and past-due balances to account and operations leaders. ‒ Track days sales outstanding (DSO) and aged balances by client, and report them in the monthly review with a recovery plan for any account that slips. ‒ Review cash application, credit memos, write-off requests and bad debt reserves, and approve them within delegated authority. ‒ Reconcile the AR subledger to the general ledger each month and clear reconciling items promptly. ‒ Confirm that revenue recognition and billing match contract terms, including cost-plus, fixed-price and guaranteed maximum price models where they apply. ‒ Resolve client billing queries quickly, with a documented root cause and a fix that prevents repeats.
Balance sheet integrity, controls and compliance ‒ Make sure account reconciliations are complete, reviewed and signed off on time. ‒ Operate and evidence Sarbanes-Oxley (SOX) controls, comply with U.S. generally accepted accounting principles (GAAP), and support internal and external audits. ‒ Meet CBRE and statutory reporting and governance obligations. ‒ Maintain the accuracy of data in CBRE enterprise resource planning (ERP) systems, and use system-generated reports to remove manual processes, journals and workarounds. ‒ Keep desk procedures current for close, billing and AR, and contribute to accounting policy development.
Budgeting, forecasting and planning ‒ Oversee the budget, monthly forecast and planning inputs for the portfolio or business unit. ‒ Include balance sheet and cash flow plans, with AR collections and billing timing built into the cash forecast. ‒ Explain variances between plan, forecast and actual results, and flag contracts or teams that trend off track. ‒ Prepare routine and ad hoc reports, packages and pro forma analyses for senior management. ‒ Use scenario planning (exit, maintain, grow) tools and models to support decisions on contracts and clients.
Business partnership and client support ‒ Act as the finance partner to operations leaders, account leaders and project managers, and advise and challenge them on financial performance. ‒ Know the terms and conditions of each contract well enough to confirm that every cost element is billed and accounted for correctly. ‒ Join monthly contract, project and business unit reviews, with a focus on underperforming contracts. ‒ Identify savings, margin and cash flow opportunities, and help put them into action. ‒ Work with Controllership, Business Service Operations, financial planning and analysis (FP&A) and external auditors to meet information requests. ‒ Explain difficult financial information clearly, handle sensitive issues, and bring parties with shared interests to agreement.
People leadership ‒ Provide formal supervision: recruit, onboard, train, coach and evaluate staff. ‒ Set work schedules, assign tasks, cross-train the team, and track individual and department deadlines. ‒ Set clear performance expectations, hold people accountable on close, billing and collections deadlines, and model CBRE RISE values (Respect, Integrity, Service, Excellence). ‒ Work with the People team on the bonus and annual salary review process.
What You’ll Need ‒ Bachelor's Degree preferred with 3-5 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered. ‒ Experience in the areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising, and rewarding performance and retention preferred. ‒ Ability to guide the exchange of sensitive, complicated, and difficult information, convey performance expectations and handle problems. ‒ Leadership skills to motivate team impact on quality, efficiency, and effectiveness of the job discipline and department.
Why CBRE When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forwardthinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people.
At CBRE, you have the opportunity to realize your full potential. Applicant AI Use Disclosure: We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process. Our Values in Hiring At CBRE, we are committed to fostering a culture where everyone feels they belong.
We value diverse perspectives and experiences, and we welcome all applications. Disclaimers Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future Relocation assistance and sign-on bonuses may be available on select positions only, for qualified candidates based on role requirements and experience #directline #cbredirectlinereferral Why CBRE When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive.
We are dynamic problem solvers and forwardthinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to realize your full potential. Applicant AI Use Disclosure: We value human interaction to understand each candidate's unique experience, skills and aspirations.
We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process. Our Values in Hiring At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications. Disclaimers Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future Relocation assistance and sign-on bonuses may be available on select positions only, for qualified candidates based on role requirements and experience #directline #cbredirectlinereferral
Job description provided by CBRE Group.
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