Philadelphia, PA, 19133, USA
6 days ago
Senior Real Estate Accountant
Senior Real Estate Accountant Job ID 224837 Posted 17-Jun-2025 Service line Advisory Segment Role type Full-time Areas of Interest Accounting/Finance Location(s) Philadelphia - Pennsylvania - United States of America **About The Role:** Philadelphia Industrial Development Corporation (PIDC) is Philadelphia’s public-private economic development corporation. Our mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. You can learn more about PIDC at www.pidcphila.com. PIDC is committed to driving transformative growth for Philadelphians with a human-centered approach by directing our financial and real estate services, knowledge, and networks toward creating a vibrant and sustainable Philadelphia. CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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. Please visit our website at www.cbre.com. The Navy Yard is part of the Philadelphia Authority for Industrial Development (PAID), which is a public authority incorporated by the City. Both The Navy Yard and PAID are part of the overall PIDC entity structure. The Senior Real Estate Accountant will be responsible for all accounting activities related to the tenant operation at The Navy Yard including maintenance of the general ledger, managerial reporting, and financial statements. This role reports directly to the EVP, The Navy Yard. The Navy Yard – Tenant Operations: The Navy Yard has approximately 155 tenants with over $12m in annual rental income. The Senior Real Estate Accountant is responsible for the following: **What You'll Do:** + Maintain, record, and reconcile daily cash receipts + Record and reconcile incoming cash transactions ensuring proper categorization in the general ledger + Complete billing uploads and receivable research. + Invoicing and resolving payment issues + Prepare financial schedules, reports, and records for manager review. + Apply or submit cash applications to the vouchers and invoices.. + Enter information into various databases on a timely basis. This includes updating tenant information, changing invoicing rules, and processing new tenant applications. + Update cash receipt information in the sub-ledger and assist in month-end procedures. + Gather and analyze data to identify and solve complex problems that arise. May recommend new techniques. + Impact own team and other teams whose work activities are closely related. + Suggest improvements to existing processes and solutions to improve the efficiency of the team. Audit support: PAID and its affiliates (The Navy Yard) are required to undergo annual audits. The Senior Real Estate Accountant will be responsible for the following: + Support PAID’s audit requests and requirements (in collaboration with the VP, Financial Reporting at PIDC) + Support audit documentation and requests for tenant information (PAID & affiliated entities) and tenant lease expense reconciliation audits + Other support, as needed **What You'll Need:** To perform this job successfully, an individual will need to perform each crucial 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 essential functions. + Bachelor’s degree in accounting, business, or finance required + Previous experience in a public accounting firm is a plus + Previous experience with commercial real estate operating expense reconciliations is a plus + Experience using Microsoft Dynamics, MRI and / or Yardi is a plus + Proficient in communicating, in either written or verbal formats, financial information into sound business language so that people of all levels can understand + Excellent communication and relationship-building skills with an ability to prioritize, negotiate, and work with a variety of internal and external stakeholders + Ability to build strong relationships among all levels of the organization, including external partners, investors, and advisors + Proficient knowledge of Excel, problem-solving, and analytical skills required + A multi-tasker with the ability to wear many hats in a fast-paced environment + Ideally is a resident of the City of Philadelphia or willing to relocate within six (6) months of employment[JL1] 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 forward-thinking 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. 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. Include any other disclaimers that are applicable for the role that are not automatically populated in Talent Source. Delete this section if not applicable. Examples of relevant disclaimers include U.S. state pay transparency requirements, sponsorship eligibility, COVID-19 requirements, etc. **Equal Employment Opportunity:** CBRE has 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. **Candidate Accommodations:** CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada). CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
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