What are the responsibilities and job description for the Junior Accountant position at cwcapital?
CW Financial Services LLC ("CW") is a premier and unique real estate firm providing solutions to institutional clients in the areas of Commercial Real Estate Finance. We have earned the respect of our borrowers and investors through our demonstrated commitment to their success.
This position supports the company's success in a dynamic, privately owned organization by working with the Accounting Managers in performing accounting, analysis functions and analytical work. Successful candidates should have a background in accounting or business administration, as well as strong presentation and analytical skills.
As a Junior Accountant you will have the unique opportunity to serve in a cross-functional role that will assist the company's Accounts Payable and Treasury groups. This position will be responsible for processing invoices for all CWCapital companies (Corporate and Special Servicing), applying cash receipts, and handling travel expenses.
Duties/Responsibilities:
- Assist with the collection, review, and processing of Special Servicing and Corporate accounts payable invoices
- Support special servicing Asset Managers with time sensitive invoice processing and funding request
- Code cash receipts and disbursements to the appropriate general ledger account
- Apply cash receipts to accounts receivable and compile underlying documentation to support monthly cash activity
- Reconcile expenses related to special servicing loans to provide an accurate list of outstanding charges
- Distribute weekly remittance notifications to vendors paid through Corporate AP process
- Enter manual checks into the system for bank distributions that occur throughout the month
- Process weekly employee expense reimbursements through the accounting system
- Research vendor inquiries about payment status for invoices
- Assist with ad hoc requests related to the annual audit special servicing transactions
Required Skills/Abilities:
- Proficient in Microsoft 365, including Adobe Acrobat
- Excellent skills in collaboration, communication, organization, and time management
- Attention to detail
- Ability to work with others and independently
- Excellent creative problem-solving skills
- Analytical skills to identify discrepancies, trends, and potential issues
Education and Experience:
- Bachelor's degree in Accounting, Business Administration, or related field
- One-to-three-year proven experience in office or professional settings, with a focus on accounting, demonstrating adeptness and competency in relevant responsibilities
*The requirements above reflect our ideal candidate profile, but studies show that many strong candidates don't apply simply because they don't meet every qualification listed. If you're excited about this opportunity and believe you have the skills and drive to grow into it, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
Primary Location Full Time Salary Range: $75,000-85,000
The base salary range for this role is provided in accordance with local regulations, but salary represents just one component of the total compensation package. Additional elements such as bonuses, overtime, deferred cash (where applicable), benefits, perks, and company contributions to 401(k) plans-often result in total compensation significantly exceeding the base salary. Compensation is influenced by individual performance, tenure, experience, geographic location, business unit needs, company performance, and market conditions.
CW Financial Services LLC, along with its subsidiaries and affiliates, is an equal opportunity employer. We consider all qualified applicants regardless of race, religion, color, sex, age, national origin, citizenship, disability, genetic information, veteran status, marital status, sexual orientation, gender identity, or any other status protected by applicable law.
Salary : $75,000 - $85,000