Financial Manager

Posted 21 Hours Ago
Be an Early Applicant
New York, NY
119K-140K Annually
Senior level
Real Estate
The Role
The Financial Manager oversees the protection and control of financial assets, ensuring proper transaction recording, reporting, and compliance. Responsibilities include reviewing payables, preparing financial reports, monitoring cash balances, and coordinating audits. This role requires collaboration with property management to ensure timely delivery of financial information and compliance with lease agreements.
Summary Generated by Built In

Job Title

Financial Manager

Job Description Summary

The Financial Manager will ensure the protection and control of client's assets as they pertain to assigned property by following client’s procedural policy on the recording and approving of transactions as well as the full reporting of financial results. The assigned property will include demanding reporting requirements. This position will also review and approve postings, batches and invoices before processing as well as prepare accounts payable and receivable invoices and data for property and client reporting.

Job Description

Responsibilities:

  • Reviews, approves and posts all Accounts Payable batches as it relates to the property.
  • Monitors cash balance in bank account to determine funding if required.
  • Coordinates with national check processing group the scheduling of check generation.
  • Prepares and records entries for payment C&W payroll.
  • Prepares and records entries for payables due for C&W payroll, creates client invoices to be processed for payment.
  • Reviews and approves any lease abstracts.
  • Approves monthly bank reconciliation.
  • Reviews and posts all sundry and other non-recurring charge batches.
  • Prepares all journal entries for review and approval.
  • Monitors all billing aspects of lease administration.
  • Ensures all charges are billed pursuant to terms of the leases.
  • Posts monthly recurring charges and prepares monthly billing statements for tenants.
  • Calculates annual OR, RET, CAM adjustment billings. Adjusts recurring charges in tenants' records for recovery billings based on estimates (budgets).
  • Prepares and distributes pre-closing report packages for property management personnel.
  • Prepares and assembles financial reports for monthly operating.
  • Assists property management in creation of annual operating budget on the Kardin Software platform.
  • Review and approve invoices for ongoing construction projects.
  • Assist client and internal auditors in periodic reviews of controls and/or financial statements.
  • Prepare monthly cash flow forecast schedule.
  • Performs job duties as directed by the property manager.
  • Ensures the timely delivery of financial information, invoices, collections and client reports generated as required.

Nature and Scope

  • Performs job duties with management supervision, seeks approval when necessary.
  • Works closely with branch and property management and personnel to ensure smooth operation of department. 
  • Performs job duties under limited supervision in a timely manner. 
  • Ensures the timely delivery of financial information, invoices, collections and client reports generated as required.

Business Environment

  • Ability to work efficiently and effectively to deadlines and multi-task in a client focused environment.

Job Qualifications (Experience & Education, if applicable):

  • Four year degree in Business or Accounting strongly preferred.
  • 5 + years experience in the accounting field, with 3 + years in real estate industry.
  • Excellent lease administration skills required.
  • Working knowledge of Microsoft Office (Word, Excel, Outlook), SAP (reporting knowledge at minimum), Yardi Voyager, BIGCENTER Program, Capture, VES, Lotus Notes, Adobe Professional, and Internet Explorer.
  • Excellent computer skills

WORK ENVIRONMENT
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Regularly required to travel outside between properties in varying weather conditions.
 

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee may need to travel from floor to floor, climb stairs, and may be required to travel outside between buildings in varying outdoor weather conditions. The employee may also be regularly required to remain in a stationary position (sit or stand) for 85% of the time; regularly use hands to operate office machinery and regularly required to walk, talk, and hear.
 

OTHER DUTIES
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.







Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.



The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.



The company will not pay less than minimum wage for this role.



The compensation for the position is: $119,000.00 - $140,000.00

Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative​ Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [email protected]. Please refer to the job title and job location when you contact us.

Top Skills

MS Office
SAP
Yardi Voyager
The Company
HQ: Chicago, IL
53,000 Employees
On-site Workplace
Year Founded: 1917

What We Do

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.

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