Transaction Accountant

Cushman & Wakefield • Los Angeles, CA

3d

About The Position

The Deal Management team provides a seamless experience to the brokerage community within Cushman & Wakefield’s Advisory business, primarily focusing on the post-close transaction process. The Transaction Accountant specializes in transactional accounting within the Deal Management workflow and partners with Corporate Controllership, Regional Operations, Deal Desk, Market Operations, and Advisory Fee Earners. The role calls for an organized, detail-oriented, customer-centric professional who can solve problems, analyze large datasets, interpret complex contracts, leases, and commission agreements, and manage a high-volume workload while collaborating effectively across teams.

The position reviews Advisory transactions and adjustments for documentation, commission calculations, payment terms, splits, expense recovery, and compliance with ASC 606 revenue recognition guidelines and deal-entry deadlines. It also manages transaction contingencies and billing dates, supports transaction corrections and inquiries, and consults with colleagues on documentation and revenue recognition. The role monitors receivables and unapplied cash, coordinates collection actions and escalations, supports commission payment processing, and contributes to reporting, coaching, compliance, UAT, M&A efforts, and other special projects.

The role requires a bachelor’s degree and preferred relevant accounting or financial experience, along with Excel skills and knowledge of commercial real estate, Workday, Salesforce, and Power BI. Fluency in French and English is required. Eligible employees may enroll in benefit programs, generally including health, vision, dental, flexible spending and health savings accounts, retirement savings plans, life and disability insurance, and paid and unpaid time away from work. Compensation is listed as $72,250–$85,000.

Requirements

• Bachelor’s degree.
• Fluent in French and English, with the ability to switch between the languages in verbal and written communication and to read, write, and understand French for interpreting documents and communicating with stakeholders.
• 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.
• Demonstrated ability to provide excellent internal and external customer service.
• Excellent interpersonal skills, with initiative, flexibility, and a team-oriented approach.
• Excellent verbal and written communication skills and responsiveness to requests.

Nice To Haves

• Three or more years of relevant accounting or financial experience preferred, or a similar combination of education and experience.
• Basic knowledge of commercial real estate preferred.

Responsibilities

• Review Advisory transactions and adjustments against designated thresholds, confirming required documentation is current and fully executed.
• Verify commission calculations, system entries, payment terms, outside broker and client fee shares, internal splits, and transaction expense recovery.
• Ensure deals are processed in accordance with ASC 606 revenue recognition guidelines and month-end and year-end deal-entry deadlines.
• Record and manage lease contingencies, commission billing, and payment due dates.
• Request recall, reject, or approve transactions following review; track recalled or rejected submissions and collaborate with submitters to resolve issues.
• Address transactions rejected by the Revenue Recognition team.
• Meet transaction-processing KPIs and SLAs, including accuracy and production targets.
• Initiate Fee Earner transaction adjustments in Salesforce, including Post/Pre Cash, Net Override, or Special Handling adjustments.
• Provide Deal Management consulting on required deal documentation and revenue recognition to Deal Desk colleagues, Advisory Fee Earners, administrators/coordinators, and local or regional leadership.
• Proactively identify and solve issues, contribute to improvements and resolutions, and escalate challenges when appropriate.
• Use Deal Management system functionality, including Engage/Salesforce, to organize, track, and manage the daily transaction review process.
• Apply FINTRAC knowledge to support compliance with regulatory requirements.
• Review and monitor aged receivables in accordance with current policies and processes.
• Process commission payments received through the trust deposit process and provide cash application instructions to the FSC.
• Research, apply, and document unapplied cash; review outstanding accounts receivable against unapplied cash and resolve commission payment misapplications.
• Partner monthly with Advisory brokers and market leadership to coordinate action on aged receivables.
• Collaborate with Legal, Revenue Recognition, Accounts Receivable, and other teams to verify collectability and issue demand letters.
• Escalate significantly aged items to local or regional leadership, and write off receivables with required approval and in accordance with bad debt policy.
• Identify collection or bad-debt trends that could be addressed through process improvements or training.
• Initiate refunds and stop, void, or reissue payments.
• Respond to commission-related questions from Advisory brokers and Market Operations, including inquiries about payment amounts, 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; participate in UAT testing, M&A efforts, and other special projects as needed.

Benefits

• Eligible employees may enroll in health, vision, and dental insurance programs.
• Flexible spending accounts and health savings accounts are generally available to eligible employees.
• Retirement savings plans are generally available to eligible employees.
• Life and disability insurance programs are generally available to eligible employees.
• Paid and unpaid time away from work.
• Competitive pay, with compensation affected by factors including location, experience, and qualifications.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level