Manager, Accounting
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Job Location:
Phoenix, NM - USA
Monthly Salary:
Not Disclosed
Posted on:
13 hours ago
Vacancies:
1 Vacancy
Job Summary
ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner operator lender and developer. Our team of experts works together to identify and create value in real assets benefiting the communities in which we invest. Back in 1994 our three founders focused on projects in Southern California neighborhoods. Today we are a diverse team of 900 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live work and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
The Manager Accounting is responsible for delivering accurate timely and GAAP compliant financial reporting for real estate and related investments across multiple asset and fund structures. This role oversees monthly and quarterly accounting consolidations fair value measurement and analytical review to support portfolio performance insights and decision making.
The position partners closely with portfolio management valuations tax treasury as well as internal and external auditors to ensure the integrity of financial data throughout the investment lifecyclefrom acquisition through disposition. The role also contributes to new investment onboarding transaction activity and ongoing liquidity management within complex investment structures.
RESPONSIBILITIES:
- Monthly reporting and analysis
- Review property accounts prepared by asset level accountants.
- Responsible for accounting for investments including preparing investment level financial statements by consolidating property trial balances and preparing GAAP adjustments as required by ASC 970 Real Estate Accounting and ASC 820 Fair Value Accounting.
- Accounting for investment level debt property taxes insurance payables and other non-operating accruals.
- Assist with real estate investment and debt schedules for valuations prepare fair value entries and supporting cost & debt roll forwards.
- Calculation and accounting for property and development management fees and where required fund management fees.
- Review of balance sheet reconciliations and analytical reviews of investment level performance.
- Completion and review of quarter and month-end checklist tasks.
- Prepare schedules and support for audits tax preparation and valuations.
- Review of quarterly and annual financial reporting including consolidated financial reporting as required under GAAP.
- Review of asset and fund level returns and help prepare analytical review of variances.
- Transaction support
- Accounting for acquisition and disposition of assets and booking of required funding.
- Assist in set-up of accounting structures.
- Cash and liquidity management
- Monitor cash balances and liquidity needs in the investment structures approving settlement of invoices and working with team on capital draws and distributions.
- Approval of non-operating accruals and accounts payable.
- Preparation and/or review of lender reporting for third party debt that might be in place and supporting management and other teams in calculation of loan level covenants.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification licenses etc.)
- Bachelors degree with emphasis in Accounting Finance or related field
- 5 years previous related Fund Accounting plus Yardi Investment Accounting module is preferred.
- Knowledge of various asset classes including open and closed-end real estate fund structures (subsequent closes capital calls distributions) PE fee structures (management fees and carried interest) valuation approaches (NAV) and impacts to accounting.
- Prior Fund accounting experience including preparation/reviews full-cycle accounting of assigned portfolio of fund(s) co-investments investments including preparation and analysis of the financial statements general ledgers subsidiary ledgers in Yardi platform.
ABOUT YOU:
- Ability to work independently identify and proactively troubleshoot issues in Yardi Investment Management to meet deadlines with minimal supervision.
- Effective communication skills both written and oral and strong attention to detail.
- Proactive and collaborative team player with strong work ethic.
- Strong financial and system acumen and exceptional problem-solving skills.
- Adapt quickly to changes work efficiently in a dynamic fast-paced work environment.
WHAT CIM OFFERS:
At CIM we believe our success stems from our collective efforts and we are committed to providing well-rounded support and resources for our addition to a competitive compensation plan CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits including:
A variety of Medical dental and vision benefit plans
Health Savings Account with a generous employer contribution
Company paid life and disability insurance
401(k) savings plan with company match
Comprehensive paid time off including: vacation days 10 designated holidays sick time and bereavement leave
Up to 16 hours of volunteer time off
Up to 16 weeks of Paid Parental Leave
Ongoing professional development programs
Wellness program including monthly and quarterly prizes
And more!
Actual base salary considers several factors including but not limited to geography job-related knowledge experience and budget. The start of the salary range is typically associated with the minimum experience required.
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group.Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.
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Required Experience:
Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
About Company
CIM Group is an owner, operator, lender and developer of real assets with broad expertise in real estate, infrastructure and credit. Learn More!
