Sr. Accountant
Phoenix, AZ - USA
Job Summary
The Infrastructure Accounting team is seeking a detail-oriented and analytically strong Senior Accountant to support the day-to-day accounting reporting and oversight of assigned infrastructure investment structures and related fund-level reporting activities. This position applies GAAP accounting policies to prepare high-quality financial deliverables support full-cycle quarterly close processes monitor investment-level activity and cash needs and ensure accuracy and consistency across property portfolio and fund data. The Senior Accountant will partner with the Fund Controller and cross-functional teams to support investor reporting audits valuation investment accounting operational reporting and ongoing process improvements. The ideal candidate has a solid real estate and private equity accounting background strong communication skills sound judgment and the ability to manage multiple priorities independently in a detailed deadline-driven environment.
- Prepare and review quarterly and annual financial reporting deliverables including fund-level and co-investment financial statements supporting schedules analytic reviews and preparing GAAP adjustments as required by ASC 820 Fair Value Accounting.
- Review fund and investment-level reporting prepared by fund administrator accounting teams and ensure accuracy and consistency across property portfolio and fund data.
- Account for investments fund-level debt management fees incentive fees and fair value entries for infrastructure funds.
- Assist with managing relationships with internal and external resources (strategic service providers and fund administrators.
- Prepare and review balance sheet reconciliations complete quarterly close checklists and support timely completion of full-cycle close processes.
- Preparation of balance sheet reconciliations and analytic reviews of investment level performance.
- Prepare and review fund and co-investment level management fee calculations.
- Prepare and review investor reporting packages including capital account summaries allocation support portfolio-level analytics and related reporting schedules.
- Assist with quarterly NAV reconciliations fund-level reporting templates investor communications support and ad hoc analysis for internal stakeholders and investment teams.
- Support capital activity events including cash analysis capital calls distributions allocation calculations investor notices and responses to investor or limited partner data requests
- Assist with new fund and investment structure setup including understanding fund structures supporting onboarding activities and accounting structure setup and reviewing relevant reporting requirements
- Monitor cash balances and liquidity needs within investment structures approve settlement of invoices non-operating accruals and accounts payable as applicable.
- Coordinate and assist with internal and external party requests including fund administrators auditors tax providers valuation teams lenders and cross-functional teams to meet monthly quarterly and annual reporting deadlines.
- Participate in process improvement initiatives reporting model enhancements system implementations and efforts to streamline accounting investor reporting and operational workflows.
- College degree in accounting or finance (BA or BS).
- 4 years of previous GAAP accounting experience (preferably in Infrastructure/Private Equity ).
- Big 4 or other public accounting experience (preferred).
- CPA (preferred).
- Demonstrated knowledge and application of GAAP accounting.
- Proven experience of collaborating with teams in remote locations to ensure efficiency effectiveness and high level of supervisory oversight.
- Ability to independently organize and manage multiple tasks in a detailed and deadline-oriented environment with minimal supervision.
- Analytical and critical thinking skills.
- Strong written and verbal communication skills.
- Dependable great attitude highly motivated and a team player.
- Excellent time management skills and ability to collaborate with others.
- Strong proficiency in Microsoft Office especially Excel and Word.
- Experience in Yardi (preferred) MRI J. D. Edwards or comparable software.
- Experience in Workiva (preferred).
- 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!
Required Experience:
Senior IC
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!