Manager, Corporate Allocations

Posted 9 Days Ago
Be an Early Applicant
Los Angeles, CA
120K-160K Annually
Senior level
Real Estate
The Role
The Manager, Corporate Allocations oversees the corporate revenue allocations process at CIM. This role involves preparing monthly and annual cost calculations, providing insights into corporate support charges, and improving allocation processes. The manager will collaborate with various departments and ensure compliance with internal controls.
Summary Generated by Built In

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 Manager, Corporate Allocations plays a critical role for CIM as the hub of a program driving corporate revenue and providing insight into operations. They are responsible for understanding the business objectives and strategic initiatives of the Company to manage the allocations process from data inputs to calculation to the resulting CIM provided support bills. This position will work closely with information technology, accounting, finance, legal and compliance and executives.

RESPONSIBILITIES:

  • Assist with preparation and validation of CIM’s monthly and annual allocated time and cost calculations.
  • Become a subject matter expert in CIM’s allocation process and serve as the primary point of contact for all corporate expense allocation inquiries from other departments. Draft formal communications related to the cost allocation process as needed.
  • Analyze the time and cost allocation output and leverage knowledge to prepare reports that provide insight into CIM provided support charges from the perspectives of assets, funds and internal department heads.
  • Identify and make recommendations to improve the efficiency of the cost allocation and reimbursement process and business processes across the firm.
  • Document cost allocation business process and work with auditors to implement internal controls as needed.

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

  • Bachelor's degree in Business Administration, Finance, Accounting or related field
  • Demonstrated professional experience providing superior written and verbal communication across all levels of an organization
  • 6+ years previous accounting, finance, or data administration experience
  • In-house cost accounting, HR systems, or payroll experience preferred

ABOUT YOU:

  • Highly analytical and detail oriented
  • Able to work efficiently and independently and proactively seek or devise solutions to address needs within the area of responsibility
  • Enjoy a mix of routine administrative tasks and projects requiring critical thinking
  • Deadline driven and able to manage multiple tasks to completion
  • Familiar with SQL as well as data warehouse and BI tools (e.g. Tableau/PowerBI)

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, CA is $120,000 - $160,000. ​


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.



#LI-BL1

Top Skills

SQL
The Company
Bethesda, MD
878 Employees
On-site Workplace
Year Founded: 1994

What We Do

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Our in-house 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’re a diverse team of more than 990 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’re striving to make an even greater impact in the years to come.

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