Real Estate Manager

Posted 28-Apr-2023 Service line Advisory Segment Role type Full-time Areas of Interest Property Management Location(s) Alameda - California - United States of America About the role The Real Estate Manager will join our team of five professionals in Alameda at a dynamic 1.4M SF life science project, offering top quality amenities for the PM team! You will lead all aspects of financial reporting, reconciliations, lease abstracting, accruals and re-forecasting.
What you’ll do

Mange all financial aspects, with the oversight of the Sr. Manager, and serve as the main point of contact between accounting and the property management team.

Develop and control annual budgets for operating and capital expenses. Forecasts management plans and prepares monthly performance, explaining variances.

Collects rent and pays expenses in compliance with lease terms. Prepares all required legal notices. Recommends and coordinates legal action as the need arises.

Reviews and reconciles tenant rent and Common Area Maintenance (CAM) recovery charges for multiple CAM pools. Understand, implement and assess the gross up process, CAM caps and base years by creating a spreadsheet to track.

Reviews and follows CBRE process for monthly rent-ups, analyzes leases and prepares abstract forms.

Works in Kardin to create budgets and perform annual reconciliations.

Managing account receivables, including aging delinquencies, following up with tenants.

Review and complete process for all reclasses each month.

Collaborate with onsite team and lead weekly accounting calls.

Mentor and train the RESA and AREM staff on property management financial reporting

May provides formal supervision to individual employees within single functional or operational area. Leads the way and models behaviors that are consistent with the company's values.

What you’ll need

To perform this job strongly, an individual is able to perform each duty satisfactorily. The requirements listed above representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the job duties.

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

Bachelor's degree (BA/BS) from four-year college or university and/or a minimum of four to six years of related experience and/or training. Financial or Accounting experience a plus. Real estate license required and CPM or RPA professional designation or candidacy preferred.

Excellent written and verbal communication. Strong interpersonal and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information and respond effectively to critical issues.

Requires developed knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts high level financial analysis.

Ability to comprehend, analyze, and interpret intricate documents. Ability to resolve problems involving several options in situations. Requires high level analytical and quantitative skills.

Intermediate to expert skills with Microsoft Office Suite.

Decisions made with detailed understanding of procedures, company policies, and business practices to achieve general results and timelines. Responsible for setting work unit and/or project timeline. Errors in judgment may cause short-term impact to department.

Why CBRE? At CBRE, we pride ourselves on our RISE values of Respect, integrity, Service and Excellence! CBRE is the global leader in commercial real estate and investment.
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Real Estate Manager position is $115,000 annually and the maximum salary for the Real Estate Manager position is $122,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance. CBRE is an equal opportunity employer that values diversity. We have 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.