Manager, Accounting (Fund)

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 1,000+ 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 position will be responsible for the day-to-day accounting and overall quality of the financial reporting, including audited reports for private fund and related entities.

RESPONSIBILITIES:

• Manage full-cycle accounting including preparation and analysis of the financial statements, general ledgers, and subsidiary ledgers.
• Accurately consolidate fund entities through analysis of ownership structures.
• Ensure Funds/investments are being accounted for pursuant to governing fund documents. Able to extract key economics and synthesize information.
• Implement various simple (pro-rata) to complex investor allocation methodologies (examples preferred return calculation, waterfall method) and create and design allocation templates based on needs.
• Review various fee calculations, rebates and offsets for accuracy.
• Review of reconciliations and understand all entries to balance sheet, income statement and other financial statements and footnote disclosures.
• Assist in Treasury functions including review of facility, covenant compliance, liquidity management and cash projections and review of cash transfers.
• Provide accurate and timely financial information to other internal departments as well as external parties, such as lenders, under the specific deadlines.
• Take on special short-term accounting projects, as needed, while balancing recurring responsibilities.
• Preparation and review of interim and annual financial reporting, including consolidated financial reporting as required under GAAP.
• Collaborate cross functionally across various teams within the organization to support needs of department.
• Assist teams on periodic basis to produce and analyze variety of ad hoc and recurring investor reporting.
• Research US GAAP as it relates to significant matters and provide accounting guidance.
• Provide information for and take part in Q&A for audits and tax preparation.

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

• Bachelor’s degree in Accounting or Related Field.
• Certified Public Accountant (CPA) preferred.
• Minimum 5+ years’ previous general ledger accounting, financial statement experience
• 2+ years as Supervisor/Manager (will consider Senior ready for next role).
• Fund Accounting with exposure to operations.
• Real estate/private equity experience preferred with knowledge of complex investor allocations.
• Proficient in Microsoft Office and excellent Excel skills.
• Extensive knowledge of GAAP accounting.
• Experience in Yardi, MRI, J. D. Edwards or comparable software.

ABOUT YOU:

• Ability to organize, perform and prioritize various functions to meet deadlines with minimal supervision.
• Excellent communication skills, both written and oral, and strong attention to detail.
• Excellent interpersonal skills to develop working relationships with colleagues, other divisions and professional intermediaries.
• Proactive team player with a strong work ethic.
• Ability to make sound and pragmatic decisions regarding accounting matters.
• Strong analytical and problem resolution skills.
• Adapt quickly to changes, ability to work efficiently in a dynamic and fast paced work environment.
• Deadline driven and ability to manage multiple tasks.
• Ability to lead and manage a team.
• Ability to proactively evaluate and address work opportunities within the area of responsibility with minimal supervision.
• Strong Excel knowledge (Pivot Table, Sumif, V-Lookup).

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 employees. In 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. At CIM, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Los Angeles is $100,000 - $140,000.

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.

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