Financial Controls Manager, Project & Development Services

Cushman & Wakefield

4d

About The Position

The PDS Financial Controls Manager is a key business partner to Finance, Operations, and PDS leadership. This role ensures the effective management of financial and accounting functions across the service line, with a focus on invoicing, revenue recognition, forecasting, pipeline stewardship, and financial governance. This role drives accuracy, compliance, and transparency throughout the project lifecycle.

Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or related field required.
• 5+ years of finance, accounting, or project financial management experience, preferably within professional services, real estate, or project based environments.
• Strong understanding of revenue recognition principles, invoicing workflows, and financial controls.
• Experience with forecasting, pipeline management, and variance analysis across multi project portfolios.
• Working knowledge of project accounting practices, including budgeting, billing structures, expense reconciliation, and fee models.
• Proficiency with financial systems and tools, including ERPs (e.g., Workday, Oracle, SAP) and Excel for reporting and analysis.
• Ability to interpret contracts, apply financial policies, and ensure compliance across projects and teams.
• Excellent analytical, organizational, and problem solving skills with strong attention to detail and financial accuracy.
• Demonstrated ability to partner with Project Teams, Market Leaders, and Finance to resolve issues, drive financial accountability, and support operational decision making.
• Strong communication skills with the ability to present financial information clearly to non financial stakeholders.

Responsibilities

• Invoicing & Billing
• Maintain a thorough understanding of C&W invoicing procedures and financial control policies.
• Review all invoices for compliance with the C&W Revenue Recognition Policy and ensure timely submission of monthly invoices in Workday.
• Distribute approved invoices to clients or internal project teams as required.
• Ensure project expenses comply with expense policy, including correct coding and accurate allocation to project budgets.
• Monitor outstanding receivables and partner with Market Leaders and Project Teams to drive timely collections and resolve billing issues.
• Pipeline Management & Forecasting
• Conduct monthly reviews and reconciliations of revenue actuals against forecast within the financial database.
• Maintain accurate, timely, and complete reporting of revenue, pipeline activity, and forecasting metrics.
• Produce monthly and ad hoc financial reporting to support leadership decision making.
• Identify variances and trends, escalating risks or opportunities within the revenue pipeline.
• Revenue Recognition & Contract Review
• Review client contracts and work orders to determine the appropriate revenue recognition method (e.g., percent‑complete, milestone, fixed fee, T&M) and ensure alignment with internal policy and ASC 606 principles.
• Assess contract terms—including fee schedules, reimbursable costs, milestones, change orders, and variable consideration—to ensure proper financial treatment and timing of revenue.
• Partner with Project Managers to validate project progress, budget updates, and cost‑to‑complete estimates for accurate revenue pacing.
• Ensure timely and accurate setup of contracts, changes in scope, and financial adjustments in systems.
• Maintain documentation to support audit readiness, including revenue recognition rationale and milestone evidence.
• Financial Reporting & Controls
• Support Managers during the monthly close process, including reviewing financial statements and project financial performance.
• Investigate and resolve monthly financial variances by partnering with Project Teams, Operations, and Finance.
• Ensure alignment with corporate financial policies, project governance standards, and internal control requirements.
• Support audits, internal reviews, and compliance checks as needed.

Benefits

• Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work.
• In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees