Cost Control Specialist

Job Title

Cost Control Specialist

Job Description Summary

Cushman & Wakefield is a global leader in commercial real estate services, helping clients transform the way people work, shop, and live. The firm’s 53,000 employees in more than 70 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenues of $10.1 billion across core services of agency leasing, asset services, capital markets, facilities services (branded C&W Services), global occupier services, investment management (branded DTZ Investors), tenant representation, and valuations & advisory.

Validate and control all invoices and document all potential subtenant recharges relating to the operational costs of the properties occupied by Cushman & Wakefield's GOS clients in order to enable them to realize the maximum operational cost saving and prevent any additional funding or penalty cost.

Job Description

Other professional qualifications required for filling the position:

• BSC/MSC degree is required or can be exchanged with relevant real estate operation experience in international environment

• Finance/economics degree is an advantage

• 2 years relevant work experience required

• Finance processing experience in international environment is an advantage

Foreign language skills required for filling the position:

• English language upper intermediate

• Knowledge of any other European language is an advantage

Required skills for filling the position:

• Strong IT literacy

• Intermediate MS Office

• Excellent written and verbal communication skills

• Excellent problem-solving skills

• Excellent analytical skills

• Able to work independently and in a team

• Strong work ethic

• Flexibility during times of change

• Ability to effectively prioritize and execute tasks in a high-pressure environment

• Proactive, enthusiastic and willing to learn

Responsibilities of the jobholder:

• Enable the PSC and its Portfolio Administration Lease Finance Team to meet defined performance targets in relation to invoice review, authorization and all aspects of Cost Control or any other Lease Finance activity as required

• Supports the junior resource working on the processes and responsible for stabilizing and improving the Cost Control processes with focus on invoice review, authorization, reconciliations, tenant recharges and reporting activities

Regular tasks:

Daily and other BAU tasks to deliver

• Day to day identification of quality issues and risks and escalation of such issues

• Establish and maintain professional and effective working relationships with external and internal clients, colleagues and management

• Carry out and validate service charge and other cost reconciliations

• Minimise invoice volumes awaiting approval or being queried and minimise approval/query resolution times in the P2P system

• Liaising with suppliers, managing agents and other 3rd parties to obtain legal documentation in relation to invoice queries

• Regular reporting on property expenditures

• Carry out and validate appropriate tenant recharge calculations on time and in line with supporting legal documentation

• Validating invoice header details and review, code and authorize and give final approval on invoices for payment

• Investigating and resolving invoice queries

• To provide advice / support to other team members to enable and ensure their contribution to outputs and adherence to procedures

• Preparation and calculation of finance amendments to creditor accounts

• Ensuring client requirements and Cushman & Wakefield quality procedures are followed

• Collaboration with other departments (Data, AP, AR, Estate/Account Management)

• Supporting the maintenance of BAU process documents

• Cost Control query management

• Supporting the team's back up structure

• Internal and external audit support

• Ad hoc reporting upon request

• Assist in preparing monthly / quarterly reports & KPI reports (multiple clients)

• Support, coach and participate in developing analyst colleagues

 

 

Cushman & Wakefield is an equal opportunity / affirmative action employer. All qualified candidates will receive consideration for employment without regard to ethnicity, gender, gender identity or expression, sexual orientation, age, disability, religion, marital status, or any other legally protected characteristic. Cushman & Wakefield is committed to equity in employment, and our goal is to have a diverse, inclusive and barrier-free workplace. If you are a person with a disability and need any other accessible accommodations during the hiring process, you are invited to bring this to the Talent Acquisition Advisor’s attention once they have made contact.

 

INCO: “Cushman & Wakefield”