Finance Manager (GOS)

Cushman & Wakefield•Minneapolis, MN

About The Position

The Client Finance Manager is responsible for annual budget preparation, monthly forecasts, strategic financial planning, management reporting to the client and C&W corporate office, and other special projects as assigned. This role involves maintaining the general ledger for client and corporate-related financials, establishing finance priorities, and ensuring all reporting deadlines and goals are met. The position requires full ownership of monthly results, operating budgets, and reforecasts. A key responsibility includes managing the monthly client rent roll to third-party landlords and approving monthly funding requests for third-party vendor reimbursements. Daily reconciliation of banking activity and ensuring working capital requirements are met are also crucial. The role involves regular interaction with the client to promote the relationship, particularly concerning financial performance and reporting, including attendance at annual budget reviews and monthly operating reviews. Additionally, the Finance Manager will monitor the performance of financial staff, develop training programs, and oversee the remittance of collections for payroll and fees to C&W corporate personnel. This includes monitoring payroll and management fee receivable reports to limit C&W's exposure to bad debts through diligent collection efforts. Annual and mid-year performance reviews for supervised personnel are also part of the responsibilities.

Requirements

Experience in annual budget preparation.
Experience in monthly forecasting.
Experience in strategic financial planning.
Experience in management reporting.
Experience maintaining a general ledger.
Experience reconciling banking activity.
Experience managing working capital requirements.
Experience interacting with clients regarding financial performance.
Experience monitoring financial staff performance.
Experience developing training programs.
Experience with collections and remittance.
Experience performing personnel reviews.

Responsibilities

Prepare annual budgets and monthly forecasts.
Conduct strategic financial planning.
Provide management reporting to the client and C&W corporate office.
Maintain the general ledger for client and corporate financials.
Establish finance-related priorities and initiatives to meet reporting deadlines.
Ensure ownership of monthly results, operating budget, and reforecasts.
Manage monthly client rent roll to third-party landlords.
Approve monthly funding requests for third-party vendor reimbursements.
Reconcile banking activity daily and ensure working capital requirements are met.
Meet with the client to promote the relationship, focusing on financial performance and reporting.
Arrange client meetings, including annual budget reviews and monthly operating reviews.
Monitor the performance of financial staff and overall departmental needs.
Develop training programs for accounting personnel.
Remit collections of payroll and fees to C&W corporate personnel.
Monitor payroll and management fee receivable reports to pursue collections.
Perform annual and mid-year reviews of supervised personnel.