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Senior Accountant
CIM GroupLos Angeles, United Statesfull_timeVerifiedPosted 1 Oct 2024
💰 $86,000/yr($76,000/yr – $86,000/yr)
About the role
About CIM GroupCIM 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 PURPOSEThe Senior Accountant will utilize education and experience in accounting to apply GAAP methodology in the performance of day-to-day accounting of assigned fund & co-investment books as well as in supporting the Controller & Manager with reoccurring and ad hoc requests, in understanding company investment structures, in monitoring and reconciling cash activity, and in compiling financial reports & operational metrics. This role relies heavily on independent judgment and discretion and includes only limited supervision.
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.The role is considered non-exempt so will be eligible for overtime pay in accordance with federal and state law. At CIM, this role has the potential to receive a discretionary bonus in addition to base salary. The anticipated base pay range for the position in Los Angeles, CA is $38 - $43 per hour.
How We Feel About Diversity and Inclusion:CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identit
POSITION PURPOSEThe Senior Accountant will utilize education and experience in accounting to apply GAAP methodology in the performance of day-to-day accounting of assigned fund & co-investment books as well as in supporting the Controller & Manager with reoccurring and ad hoc requests, in understanding company investment structures, in monitoring and reconciling cash activity, and in compiling financial reports & operational metrics. This role relies heavily on independent judgment and discretion and includes only limited supervision.
RESPONSIBILITIES:
- Utilize specialized training and experience with GAAP methodology to engage in general GAAP accounting for assigned fund/asset(s), to prepare daily accounting of assigned books, and to ensure consistency, accuracy and timeliness of reviews (requires in-depth knowledge of accrual accounting and build out of amortization schedules based on expense). Develop a systematic approach to financial data for quality in analysis and reporting. Given open ended funds, engage in ongoing analysis of investor templates and determine where to mine data to support Financial Reporting with financial statement & footnote schedules, operational metrics, due diligence questionnaires (DDQs), and investor reporting.
- Fulfill timely ad hoc internal requests and prepare financial reports, analyses, and related tasks as assigned using standard GAAP accounting practices.
- Create, reconcile, and validate entries to balance sheet and income statement accounts to close books either monthly or quarterly, address variances with appropriate resolution.
EDUCATION/EXPERIENCE:
- College degree in accounting or finance (BA or BS)
- 3+ years of previous GAAP accounting experience (preferably in Real Estate/Private Equity)
- Big 4 or other public accounting experience (preferred)
- CPA (preferred)
ABOUT YOU:
- Demonstrated knowledge and application of GAAP accounting
- 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
- Time management
- Proficient in Microsoft Office, especially Excel and Word
- Experience in Yardi, MRI, J. D. Edwards or comparable software
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.The role is considered non-exempt so will be eligible for overtime pay in accordance with federal and state law. At CIM, this role has the potential to receive a discretionary bonus in addition to base salary. The anticipated base pay range for the position in Los Angeles, CA is $38 - $43 per hour.
How We Feel About Diversity and Inclusion:CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identit
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