Transaction Accountant

Job Title Transaction Accountant   Job Description Summary 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 role will specialize and focus on the transactional accounting aspects within the Deal Management workflow and will partner closely with the internal Corporate Controllership, Regional Operations, Deal Desk team, Market Operations and Advisory Fee Earner. The ideal candidate is an organized, detail-oriented professional with a strong customer-centric mindset. The ideal candidate excels at problem-solving, is comfortable analyzing large data sets, and has experience reviewing and interpreting complex contracts, leases, and commission agreements. The candidate will prioritize and maintain organization of a high-volume workload. Success in this role requires the ability to collaborate effectively with cross-functional teams, maintaining a solution-driven approach when faced with challenges. This role is focused on transaction management, revenue operations, receivables support, broker partnership, and process excellence rather than traditional accounting activities. It's a great opportunity for someone who enjoys collaborating across teams, problem-solving, managing priorities, and supporting business operations in a fast-paced environment. In this role, you'll work with a variety of operational partners across multiple markets, build strong relationships with brokers and stakeholders, contribute to revenue-related processes, and help drive consistency and operational excellence. You'll also gain valuable exposure to cross-functional teams and have opportunities for professional growth and development.   Job Description Transaction Revenue Review Complete review of all Advisory transactions and adjustments with designated threshold verifying: All required documentation is present, current, and fully executed Commissions are accurately calculated, input, and reflected in the system Payment terms are captured properly Outside Brokers, Client Fee Share and internal splits are accurately reflected where applicable Deals are processed in accordance with ASC 606 Revenue Recognition Guidelines, in addition to month-end and year-end deal entry deadlines All expenses associated with the transaction are being recovered (related to OTT, OTB and DFC) Record and manage lease contingencies, commission billing and payment due dates Request recall, reject or approve upon review of the transaction Track and collaborate with the submitter to address all recalled or rejected transactions Collaboration may include future coaching session, group training, targeted guidance on specific areas to update within the transaction, etc… Address any transactions rejected by the Revenue Recognition team Meet all KPIs and SLAs related to transaction processing (includes accuracy and production targets) Initiate Fee Earner transaction adjustments as necessary in Salesforce (i.e. Post/Pre Cash, Net Override or Special Handling) Provide Deal Management consulting to colleagues in Deal Desk, Advisory Fee Earners, Admins/Coordinators, and local/regional Leadership by answering questions related to required deal documentation and revenue recognition at either the pre or post close phase of the transaction Take a proactive and creative approach to problem-solve issues or challenges and provide input for issue improvements, issue resolution or escalations Use tech-enabled functionality within the Deal Management system (Engage/Salesforce) to organize, track and manage the daily transaction review process FINTRAC Compliance FINTRAC knowledge and experience to ensure compliance with regulatory requirements Receivables Analysis & Management Proactively review and monitor aged receivables in accordance with the current policies and processes. Trust Deposit Process commission payments received and provide cash application instructions to the FSC Ownership of researching, applying, and documenting unapplied cash in the system Partner monthly with Advisory brokers and market leadership to determine and coordinate action on aged receivables Review outstanding AR against Unapplied Cash Resolve commission payment misapplications Collaborate with cross-functional teams (i.e. Legal, Revenue Recognition, Accounts Receivable) to verify collectability and issue demand letters Determine any significantly aged items that need to be escalated to local or regional leadership to be addressed Write-off outstanding receivables with approval from necessary parties and in accordance with bad debt policy Help identify trends or themes that can be addressed through process improvement and/or training to decrease the time to collection and/or bad debt Initiate refunds, stop/void/reissue of payment Transaction Inquiries & Coaching Support Advisory brokers and/or market operations on commission related questions (i.e. payment inquiries: overpayment, underpayment, deductions, transaction detail & account balances) Provide coaching on the revenue recognition process to peers and colleagues in Deal Management, Fee Earners and Market Operations; Providing guidance and best practice feedback Ad hoc Client Fee Share support Reporting Administer, develop and enhance reports Special Projects UAT Testing M&A efforts Participate in additional special projects, where necessary Other Duties As Assigned Systems Salesforce/Engage Power BI Vendor Portal Workday BMO/TD Bank MS Office Suite Other systems as needed or developed Requirements Bachelor's Degree 3+ years relevant accounting or financial experience preferred or any similar combination of education and experience Basic to Intermediate knowledge of Excel Basic knowledge of commercial real estate preferred Proficient knowledge of Workday, Salesforce & PowerBI Ef