Newmark (NMRK) is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level.
Job Description:
The Subject Matter Expert (SME) – General Ledger is responsible for providing deep functional expertise in GL accounting processes, ensuring accurate financial reporting, compliance with accounting standards, and timely month‑end/year‑end close. Under minimal supervision, responsible for performing accounting duties of a complex nature in support of various accounting functions. Responsible for taking the lead in coordinating various departments to establish the necessary reporting parameters. Also responsible for the posting and reviewing of journal entries and maintaining the general ledger accounts and reports.
Essential Job Duties:
- Understand and independently validate the lease abstracts and account for Leases (ASC 842).
- Own and manage end‑to‑end General Ledger accounting processes, including journal entries, accruals, reclassifications, and adjustments.
- Ensure timely and accurate month‑end, quarter‑end, and year‑end close activities as per close calendar.
- Prepare and review the Balance sheet reconciliations and ensure timely resolution of reconciling items.
- Ensure GL balances are accurate, complete, and supported by proper documentation
- Identify opportunities for process improvements, standardization, and automation within GL processes
- Have In‑depth knowledge of US GAAP / IFRS; Preparation of Month end journal entries for records in accordance with US GAAP and including supporting backup.
- Prepare and review income and balance sheet statements, consolidated statements, and various other accounting reports. Make corrections as necessary.
- Independently Handle the Open Items resolution with respect to Banks/Cash Items, Accruals, Prepayments, and other Current assets/Current Liabilities
- Help the other team members as it is required
- Audit financial reports and records, making studies or recommendations relative to the accounting of reserves, assets, revenue, and expenditures. Make corrections as necessary.
- Do Self-Investigation on the appropriateness of the Balances in the accounts and report to appropriate authorities as they are necessary.
- Self-Review the processes and bring some efficiency to make the processes standard on Par and best in Industry.
- Oversee the analysis and reconciliation of the general ledger reports. Close ledgers and generate monthly financial statements and supporting schedules.
- Coordinate accounting matters with other departments, locations and divisions to resolve reconciling items and technical accounting issues.
- Review cash flow and monitor cash requirements for all out-going cash including loans and payments.
- Assist with the preparation and review of monthly and quarterly financial packages.
- Reconciliation of inter-company accounts.
- Interact directly with different lines of business (i.e. Project Management, Lease Administration, Brokerage) to resolve accounting issues.
- Perform general administrative functions when needed, including answering phones, typing correspondence, copying, etc.
Skills, Education and Experience:
- Qualified or Semi-Qualified CA or CMA
- Bachelor's Degree/Master's Degree in Accounting/Finance
- Minimum 6 to 8 years related work experience.
- Must be familiar with PC applications such as MS-Excel ad MS-Word
- Proficiency in Global ERPs tools specially in Oracle R12.
- Be Capable of self-investigating the Accounting Issues that may come up time to time in the assigned roles.
- May perform other duties as assigned
- A Fair Proficiency on the Accounting Compliance attributes (Completeness, Accuracy)
