Fund Accounting Manager

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 Accounting Manager is responsible for the day-to-day fund accounting, answering ad hoc requests, and support the preparation of audited / unaudited financial statements, investor reporting, NCREIF/MSCI reporting, due diligence questionnaires (DDQs), and tax information.

ESSENTIAL FUNCTIONS:

• Manage full-cycle accounting and financial reporting including reviewing general ledgers and sub ledgers, financial statements, footnote/supplemental disclosures, investor reports, NCREIF/MSCI reporting, and DDQs.
• Preparation and review of interim and annual financial reporting, including consolidated financial reporting as required under GAAP.
• Prepare and/or review consolidation entries including eliminations, profit & loss pick up, and noncontrolling interest allocations.
• Prepare or assist with fund operations including debt compliance, investor allocations, capital activities, management/incentive fee calculations, liquidity management, cash projections, and review of cash transfers.
• Ensure Funds/investments are being accounted for pursuant to governing fund documents. Able to extract key economics and synthesize information.
• Research US GAAP as it relates to significant matters and provide accounting guidance.
• Balance responsibilities with special projects and ad hoc requests (e.g., compiling funds’ NAV estimates, cash flows, leverage information, and diversification/operational statistics).
• Provide accurate and timely financial information to other internal departments (e.g., FP&A, Portfolio Oversight, Corporate Accounting, etc.) as well as external parties (e.g., lenders, vendors, etc.) under the specific deadlines.
• Coordinate and participate in Q&As with third-party service providers and management/departments required for financial statement audit issuance, tax preparation, appraisals, and other deliverables.
• Manage resources, workflows, and deliverables to track and produce accurate and timely financial information within specific deadlines.
• Responsible for overseeing the work assignments of subordinates, communicating performance expectations and providing performance feedback.

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

• Bachelor's degree in accounting or similar field.
• Real estate/private equity fund experience.
• Minimum 5+ years' previous accounting and finance experience.
• Big 4 or other public accounting experience a plus.
• Certified Public Accountant (CPA) preferred.
• Extensive knowledge of U.S. GAAP accounting, including ASC 946 and 820.
• Proficient in Microsoft Office, especially Excel and Word.
• Experience in Yardi, MRI, J.D. Edwards or comparable software.
• Experience in Workiva a plus.

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 (e.g., Pivot Table, SumIf, Index-Match).
• Strong written and verbal skills.

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. For this role, bonus compensation may be a significant part of the total compensation. 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.

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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