Transaction Accountant

Cushman & Wakefield•Los Angeles, CA

4d•$72,250 - $85,000

About The Position

The Deal Management team provides a seamless experience to the brokerage community within Cushman & Wakefield’s Advisory business, primarily focused on the post-close transaction process. The Transaction Accountant specializes in the transactional accounting aspects of the Deal Management workflow and partners closely with Corporate Controllership, Regional Operations, Deal Desk, Market Operations, and Advisory Fee Earners. The ideal candidate is organized, detail-oriented, and customer-centric; skilled at problem-solving and analyzing large data sets; and experienced in reviewing and interpreting complex contracts, leases, and commission agreements. The role requires prioritizing a high-volume workload, collaborating effectively across teams, and taking a solution-driven approach to challenges. Responsibilities include reviewing Advisory transactions and adjustments for documentation, commission calculations, payment terms, splits, revenue-recognition compliance, expense recovery, and deadlines; managing lease contingencies and transaction follow-up; and advising colleagues on documentation and revenue-recognition questions. The role also manages receivables and commission payments, including cash application, aged receivables, misapplications, refunds, and escalations. Additional duties include coaching and responding to transaction inquiries, developing and enhancing reports, conducting UAT testing, supporting M&A efforts, and participating in other special projects. The role uses Salesforce/Engage, Power BI, Vendor Portal, Workday, BMO/TD Bank, MS Office Suite, and other systems as needed. Eligible employees may enroll in benefit programs generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life and disability insurance, and paid and unpaid time away from work. Compensation is $72,250.00–$85,000.00, subject to the factors described in the posting.

Requirements

Bachelor’s degree.
Three or more years of relevant accounting or financial experience preferred, or a similar combination of education and experience.
Basic to intermediate knowledge of Excel.
Proficient knowledge of Workday, Salesforce, and Power BI.
Effective and efficient time-management skills.
Detail-oriented and thorough.
Proactive, task-oriented self-starter.
Proven record of providing excellent internal and external customer service.
Excellent interpersonal skills, with high initiative, flexibility, and a team-oriented approach to work.
Excellent verbal and written communication skills and responsiveness to requests.
Fluent in French and English, with the ability to switch seamlessly between languages in verbal and written communication and to read, write, and understand French for document interpretation and communication with French-speaking stakeholders.

Nice To Haves

Basic knowledge of commercial real estate preferred.
Relevant accounting or financial experience of three or more years preferred.

Responsibilities

Review Advisory transactions and adjustments against the designated threshold, verifying required documentation is present, current, and fully executed.
Verify commission calculations and system entries, payment terms, outside broker and client fee shares, and internal splits where applicable.
Process deals in accordance with ASC 606 Revenue Recognition Guidelines and month-end and year-end deal-entry deadlines.
Verify recovery of transaction expenses related to OTT, OTB, and DFC.
Record and manage lease contingencies, commission billing, and payment due dates.
Request recall, reject, or approve transactions after review; track and collaborate with submitters to resolve recalled or rejected transactions, including through coaching, training, or targeted guidance.
Address transactions rejected by the Revenue Recognition team and meet transaction-processing KPIs and SLAs, including accuracy and production targets.
Initiate Fee Earner transaction adjustments in Salesforce, such as Post/Pre Cash, Net Override, or Special Handling.
Advise Deal Desk colleagues, Advisory Fee Earners, admins/coordinators, and local or regional leadership on required deal documentation and revenue recognition at pre- or post-close stages.
Proactively problem-solve issues and provide input on improvements, resolution, and escalations.
Use Deal Management system functionality in Engage/Salesforce to organize, track, and manage daily transaction reviews.
Apply FINTRAC knowledge and experience to ensure compliance with regulatory requirements.
Review and monitor aged receivables in accordance with current policies and processes.
Process commission payments received and provide cash-application instructions to the FSC.
Research, apply, and document unapplied cash in the system.
Partner monthly with Advisory brokers and market leadership to determine and coordinate action on aged receivables.
Review outstanding accounts receivable against unapplied cash and resolve commission payment misapplications.
Work with Legal, Revenue Recognition, Accounts Receivable, and other cross-functional teams to verify collectability and issue demand letters.
Identify significantly aged items for escalation to local or regional leadership.
Write off outstanding receivables with necessary approval and in accordance with bad-debt policy.
Identify trends for process improvement or training to reduce collection time and bad debt.
Initiate refunds and stop, void, or reissue payments.
Support Advisory brokers and/or market operations with commission-related questions, including payment inquiries, deductions, transaction details, and account balances.
Coach peers and colleagues in Deal Management, Fee Earners, and Market Operations on revenue recognition processes and best practices.
Provide ad hoc Client Fee Share support.
Administer, develop, and enhance reports.
Conduct UAT testing, support M&A efforts, and participate in additional special projects as needed.
Perform other duties as assigned.