CBRE Interview Questions Actual Exam And Detailed Correct Answers.

Tell me about yourself? - correct answer · My name is Jasraj, · Senior at UW, studying finance & information systems. · I am also a finance Intern at NAES Corp right now where I've gotten to learn more about analyzing financial statements, forecasting budgets, and using excel to create models. · Through my course work and job experience as an office manager at a local business, finance coordinator for a club on campus and internships. · All of these experiences have led me to pursue a career in finance more specifically as a financial analyst, working with models and creating valuation is something I found I really enjoy and excel at. · This role caught my attention being a position heavily focused on valuations and requiring project management, multi-task, and attention to detail skills, all skills I think I've been able to develop throughout my different experiences. Why do you want to pursue real estate? Why do you want to work here? - correct answer I want to pursue real estate because I think there is a lot of growth potential it in the long-term future. Especially in affordable housing, the under supply of housing stock, is going to lead to rent and value growth in residential sector over the next few years. Affordable housing now more than ever is going to see a big increase growth, just cause more and more people aren't in the position to afford living in the market we're in right now. With interest rates starting to go up as well financing these expensive homes is getting harder. Working at CBRE also combines two fields I'm very passionate about finance and real estate. My course work and experience these past couple of years have shaped my analytical skills and working on valuations and creating models is something I found that I really enjoy. So finding career that meshed all these things into one is what drew me to CBRE. Why CBRE over other Real Estate companies? - correct answer CBRE mission culture and mission is driven by innovation, growth, and collaboration. I want to be a part of a company that who is going to push me to grow and that I can contribute myself to helping them grow and to having a bigger impact than myself. I think CBRE gives me the opportunity to surrounding myself with passionate and driven people. And really learn from some of the best professionals in the industry. What are three of your strengths? - correct answer · My biggest strength lies in my adaptability and dependability, · I take pride in seeing the hidden perspective and stepping up when there is a challenge making sure I take measures I need to ensure I reach the end goal I'm striving for. · For example, at my job at Alliance Auto Care, my boss came to me and a few of my co-workers with the task of bringing new clients to the business. We had already tried in-person marketing before with flyers but it didn't seem to get the results we were hoping for. · I came up with the idea of using google business and google ads to advertise the business. Everyone was unfamiliar with google ads so I stepped up to the challenge and learned about SEO's and google ads on my own, I actually created a few ads that we were then able to generate more sales and gain new clients. · Another strength of mine would be not taking everything for face value, and questioning things to ensure the validity of them. What are three of your weaknesses? - correct answer When I'm given a task, I am very goal-oriented and work hard to complete that task individually. Although I recognize collaboration as being a very useful tool when projects are given individually and not as a team I struggle with reaching out later since my mindset starts to fixate on this being my task that I should know how to solve. However, this mindset has hindered my productivity in the past and prevents me from delivering my best work. I have been using my various leadership roles as an outlet to practice delegation and communication of help so I can manage my tasks and my time, which has helped me become more aware of prioritization. Since implementing this project management mentality, I have only improved my efficiency and productivity. Another weakness is that I sometimes focus too much on the details of a project and spend too much time analyzing the finer points. But I've made improvements on this as well by checking in with myself at regular intervals and giving myself a chance to refocusing on the bigger picture. With this I'm still able to ensure quality without it affecting my productivity. What is your past experience and describe them? Past work experience and detailed responsibilities? - correct answer · Finance Operations Intern: o Maintain and post monthly recurring/standard journal entries o Project expenses through analysis for each plant we work on. o Prepare job billing invoices to record revenue o Assist in reconciling and adjusting assigned general ledger accounts o Work with Finance team in analyzing AR Aging file, used Excel in determining balances owed/receival rate. · Office Manager o Managed the offices' financial records, prepared and oversaw monthly budgets o Conducted Profit and loss analysis on a monthly basis o Forecasted revenues based off potential promotions/sales using Excel o Administrative office task, effectively communicated with clients and business partners, cost tracking, payment processing. · Finance Coordinator o Organized university-wide events including planning, managing a $4500 budget o Budgeted/oversaw donation funds and distributed effectively based on analysis. o Increased budgeting through creation and implementation of an advertising program. · Finance/Marketing o Cold called, created a database of 30+ potential clients and 40+ sponsors o Created financial analysis reports for previous years and profit/loss reports on a monthly basis o Social media platforms (Instagram/Facebook) to promote company brand Describe a time you dealt with conflict with another coworker and how you dealt with that? - correct answer · A situation that comes to mind is when I had a disagreement with one of my co-workers at NAES Corporation. It was month-end and this is usually a very time sensitive and stressful time for everyone. · One of co-workers messaged me and was quite angry because I hadn't prepared a certain invoice for review. · He had told me to prepare two types of invoices but hadn't specified which ones he needed first. I had completed one of the types of invoices but was still working on the other. I quickly realized that this was a problem of miscommunication. So, I had immediately messaged him an apology back and asked if he could jump on a call. · We talked it out and I had explained how he never mentioned which one he needed first, he realized he should've specified. I also realized that I should've messaged him asking for more clarification on the instructions. · We both tried to be more proactive and communicative going forward to avoid situations like this. How could you add value to this team? - correct answer · I noticed that project-management and analytical skills are key elements to the job description. · these are core strengths of mine and some somethings I have developed throughout my previous roles. · In my current role at NAES Corporation, I work with reoccurring journal entries and job billing invoices to record revenue on a weekly basis this requires a high attentional to detail and analytical skills. · My work at the University club, planning and executing time sensitive events has helped me develop my time-management and project management skills. · I'm self-motivated and will do my best in learning the ranks quickly, I have a strong work ethic, and work well with others and I believe for these reason I'll add value to the team. What are your Excel skills, give an example of building models, cross-functional skill/experience. - correct answer I have proficiency in the fundamentals of excel including skills such as performing calculations using formulas, data analysis, using pivot tables. I developed these skills using excel on regular basis at Alliance Auto Care, NAES Corp, and in my course work. where I created financial analysis reports for previous years, conducted profit and loss analysis, and calculated net income each month. I also have experience from case competitions and my course work of building Excel models for valuating companies, creating pro-formas, projecting cash flows, then discounting them back to find the value of the firm. What are your career goals? - correct answer My focus for the next year is to really understand the specifics of a role in a large scale Real-estate company and learn as much as I can from position like this one as a finance analyst. After really developing my foundational skills as analyst Then, I would like to gain more responsibility and lead some projects and work my way up to senior level position. I'm really passionate about the industry, especially how it continues to evolve and I see CBRE as being the perfect fit in terms of allowing me to develop my expertise and contribute to the company's goals. What are your expectations for this job? - correct answer My expectations for this job are to be in a productive environment that encourages autonomy while practicing a collaboration when needed. I also expect to learn more about the field of finance directedly related to Real Estate regularly practicing and developing the skills by creating models and doing valuations. I think working at CBRE will give me the opportunity of working in a largely connected network that shows and practices continual growth and it'll allow be to further develop my skills in finance.