Regional Financial Manager
TranswesternAbout the role
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Transwestern is built on a common purpose - Empowering Good People to do Extraordinary Things Together. We are committed to the hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and independence.
POSITION SUMMARY:
The Regional Financial Manager will report to the Marker Leader of the Region and work on all financial and operational matters within the region. Along with the Corporate Accounting group, this position will work closely with the Regional Business leaders to review the ongoing financial performance of the market, budgets, and re-projections for each group.
ESSENTIAL JOB FUNCTIONS
Prepare the Regional Budget and assist in the preparation of the Annual Business Plan and report results to corporate leadership.
Along with Corporate Accounting, prepare the Quarterly Reforecast
Input and review of Agent Pipeline information.
Coordinate and review of payables, receivables, accruals, write-offs, and other financial activity with the Corporate Accounting Team.
Oversee and coordinate the collection and preparation of the annual merit increase and bonus information utilizing Compensation Management tool.
Provide support and training to property managers, agents/brokers and administrative staff as needed, which may include interfacing with clients or client-prospects.
Ensure compliance with company policy/procedures, records, and files.
Ensure the Region is in compliance with business, broker licenses and requirements.
Review and approve all expense reports and ensure policy compliance.
Review and approve all supplier invoices above company thresholds.
Review all Brokerage and Property Management Contractor/Employment Agreements to ensure financial terms such as fee sharing or override calculations, off the top/off the bottom cost sharing, and other provisions are being done in accordance with the contract.
Review and approve IT Equipment purchases/leases and manage inventory in conjunction with IT support team.
Review and monitor Accounts Receivable with the Corporate Accounting Team and work on collections with the property management and brokerage teams. Includes establishing “special” billing formats for Clients (e.g., Monthly Summarized Billings) as needed. Review and approve all Management Assignment onboarding/billing information.
Review, approve, manage Brokerage Listing information.
Review and approve all Brokerage transaction and Construction Fee bookings.
Review and approve all Employee onboarding information.
Prepare financial analyses and models for all potential new business opportunities, including management contracts and potential new broker additions.
As requested, assist brokers or property managers with financial analysis and/or interpretation of accounting pronouncements and their potential impact on deal structure.
Establish and maintain a professional working relationship with the Corporate Accounting Team and the Client Accounting Team that performs property management accounting for the Region along with the Chief Accounting Officer and Chief Financ
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