About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm operating in over 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, users, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world's largest commercial real estate services and investment firm (based on 2021 revenue). CBRE has more than 100,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE's data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.CBREIM.com
Position
An exciting opportunity has arisen for an Associate, Financial Operations which offers a highly sought-after career opportunity to work in an Assistant Fund Controller capacity. The role will include the day to day operations of running one of CBRE Investment Management's private equity, open-end real estate commingled funds in the Americas.
The position will report to the Director/Senior Director, Financial Operations. The position will work with key stakeholders including clients/investors, portfolio managers, asset managers and the executive leadership team.
Key responsibilities include, but not limited to:
* Oversight of financial reporting to investors including review of deliverables from the fund administration team
* Assists with cash management and planning including capital calls, line of credit borrowings, and income distributions with focus on maximizing investor return performance
* Reviewing financial covenant tests related to debt compliance
* Working with the investment team on deal support, including operational, accounting, and tax related due diligence.
* Review legal documents in coordination with internal and external legal counsel, flag impacts to reporting, structuring, tax and performance
* Work in partnership with the internal and external legal counsel and compliance teams to ensure compliance with Limited Partnership Agreements and investor side letters
* Liaise with fund administrators, custodians, auditors, and tax team managing the day-to-day relationship and conducting service level reviews
* Additional responsibilities include review of management fee calculations, share price calculations, incentive fee calculations and modelling, and quarterly/annual fund financial statements. May also initiate dissolution of limited partnerships, transfer of assets to liquidating trusts, and prepare applicable memos for legal team/leadership.