Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in approximately 400 offices and 60 countries. In 2022, the firm reported revenue of $10.1 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), Environmental, Social and Governance (ESG)and more.
For additional information, visit www.cushmanwakefield.com.
AR Junior Analyst
Role summary:
Process all invoices and settle all payments in due course relating to the head leases’ validated operational costs, process all (sub)lease invoices and collect all cash from the (sub)tenants in due course relating to any (sub)leases of the properties occupied by Cushman & Wakefield's GOS clients in order to enable them to prevent any additional funding or penalty costs.
Your Responsibilities:
Enable the PSC and its Portfolio Administration Lease Finance Team to meet defined performance targets in relation to invoice processing, payment management, cash collection/allocation and all aspects of Payable and Receivable Accounting or any other Lease Finance activity as required
- Minimise invoice volumes awaiting approval or being queried and minimise approval/query resolution times in the P2P system
- Day to day identification of quality issues and risks and escalation of such issues
- Establish and maintain professional and effective working relationships with internal clients, colleagues and management
- Obtaining payment approvals (Panel A, Panel B)
- Managing inter account bank transfers and manual payments
- Release BACS/Credit Transfers
- Invoice postings to Property Management & Accounting systems
- Updating and maintaining Accounts Receivable & Payable ledgers
- Cash allocation – matching payments received to outstanding receivables
- Supporting cash collection – written and mostly verbal contact with tenants
- Supporting bank reconciliations
- Supporting query management
- To provide advice / support to other team members to enable and ensure their contribution to outputs and adherence to procedures
- Ensuring client requirements and Cushman & Wakefield quality procedures are followed
- Collaboration with other departments (Data, CA, CM, Estate Management)
- Supporting the maintenance of BAU process documents
- Supporting the team's back up structure
- Internal and external audit support
Your profile:
- Finance/economics degree is an advantage
- Finance processing experience in international environment is an advantage
- English language upper intermediate
- Knowledge of any other European language is an advantage
What we can offer:
- Competitive compensation and comprehensive benefit package
- Benefit package includes cafeteria, mental and physical health care package, community bike ticket, and loyalty based elements
- Additional holidays to compensate for Hungarian public holidays falling on a weekend
- Great learning and development opportunities
- Modern, award-winning office with a view of the Danube
- Central location, excellent public transport
- Youthful and supportive work environment
- A steadily growing, 100+ year-old international company
Information for Recruitment Agencies:
Cushman & Wakefield as well as all related entities (in the following Cushman & Wakefield) do not accept any candidate submission from unsolicited third parties. Candidates presented by unsolicited third parties (such as recruitment agencies, head hunters etc.), will not be entered into the recruitment process and will not be considered further. Further on, no contractual relationship will result out of such a submission between Cushman & Wakefield and a third party. Cushman & Wakefield is not obligated nor willing to pay any fee to third parties submitting candidates in this manner.
Data Processing:
Cushman & Wakefield (the Group) are proud to be an equal opportunities employer. We are committed to providing equal access to employment opportunities to all prospective employees within the recruitment process. The Group complies with and supports all national and local laws pertaining to non-discrimination. Please note that the Group is supported by Serendi for Talent Acquisition Services. As their Recruitment Process Outsourcing provider Serendi is exclusively in charge of the above-mentioned position. Your data is handled according to the compliance guidelines of the Group. Please see the Recruitment Data Privacy Statement for more information. If you have any questions your recruiter will be happy to help. www.serendi.com
