Under general supervision, upholds the integrity of real estate portfolio data for assigned portfolio of clients. Inputs, maintains, organizes and reports on information regarding lease data. Reconciles AR & AP transactions to ensure accurate and current lease information is maintained.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Conducts moderate to complex research and analysis of commercial real estate properties. Prepare various monthly and quarterly portfolio reports/presentations. Develop and track key metrics.
Assists manager in resolving critical issues for clients by researching and gathering information about payment transactions, lease terms and other relevant items as requested.
Acts as a 'go-to' for day-to-day work and process flow and routine questions for Analysts. May attend weekly Supervisor meetings, reporting on team status. Communicates on team regarding on status and valuation deadlines.
Creates and/or perform updates to property valuation from underwritten information. Updates current portfolio property projection semi-annually or as requested by Asset Management. Ensures that files are auditing for Region.
Supports management in varied areas of financial analysis including one or all of the following: standard monthly management reporting and variance analyses, budget verification and implementation, within the Discounted Cash Flow Model.
Prepares discounted cash flow models used to evaluate all types of real estate investments. Builds a projected cash flow statement for various properties.
Supports Finance in ad-hoc reporting from various databases.
Ensures that tenant revenue is accurate and reflects the current state of the property, for all North America Equity Assets, and that all updated assets are copied to the Tenant Reporting Database for upper management.
Performs audit checks on each property within respective region to ensure consistency with Risk's Global Guidelines. Emphasis on data integrity.
Responsible for maintaining accurate valuation status on Team Website, during Valuation quarters.
Maintains property valuation databases, archiving sold assets and ensuring that approved and updated assets are moved to the Approved database, rolling up to senior leadership.
Drafts approval leasing packages and MOUs for tenant related transactions. Assists manager with preparation and distribution of periodic and ad hoc reports in a timely, accurate manner. Runs standard reports for management review and runs ad hoc reports with assistance. Assists with the design of reports utilizing a variety of software tools.
May conduct financial analysis as appropriate, including AR/AP, rent rolls, and budgets in accordance with required accounting principles (GAAP, Tax, Cash, etc.).
May require participation in leading team in training events.
Other duties as assigned.
No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May coordinate and assign tasks to co-workers within a work unit and/or project.
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 essential functions.
EDUCATION and EXPERIENCE
High School diploma or General Education Degree (GED) required. Bachelor's degree from a four-year college or university preferred and/or a minimum of 4 years related experience.
CERTIFICATES and/or LICENSES
None. Driver's license required, if/when travel is required.
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
Ability to comprehend, analyze, and interpret documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Proficient in Microsoft applications including: Word, Outlook, etc. Must have the ability to work on computer database and be proficient in Microsoft Excel.
Knowledge of Argus applications or similar applications that involve asset valuation, budgeting and forecasting, operations, and cash flow preferred.
Accounting, Finance or Real Estate degree preferred.
5 years of relevant work experience preferred.
SCOPE OF RESPONSIBILITY
Decisions made with understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
Internal Number: 20008906
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.