Jobs and Careers
CI
Manager, Accounting
CIM GroupLos Angeles, United Statesfull_timeVerifiedPosted 25 Apr 2025
💰 $140,000/yr($100,000/yr – $140,000/yr)
About the role
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, Investment Accounting, will be responsible for the oversight and performance analysis of asset level accounting results and finalizing monthly investment accounts in line with GAAP for assigned investments. The Manager will also be responsible for balance sheet reconciliations and compliance with CIM’s control framework. Additional responsibilities include oversight of cash management and supervising accountants.The role supports the Sr. Manager and relies heavily on independent judgment and discretion and includes only limited supervision. The role will initially be focused on accounting for assets under development working in the team with responsibility for WIP balances across all Funds.
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 $100,000 - $140,000.
HOW WE FEEL ABOUT DIVERSITY AND INCL
POSITION PURPOSE:The Manager, Investment Accounting, will be responsible for the oversight and performance analysis of asset level accounting results and finalizing monthly investment accounts in line with GAAP for assigned investments. The Manager will also be responsible for balance sheet reconciliations and compliance with CIM’s control framework. Additional responsibilities include oversight of cash management and supervising accountants.The role supports the Sr. Manager and relies heavily on independent judgment and discretion and includes only limited supervision. The role will initially be focused on accounting for assets under development working in the team with responsibility for WIP balances across all Funds.
RESPONSIBILITIES:
- Monthly reporting and analysis
- Review property accounts prepared by asset level accountants.
- Accounting for capital accruals and full job costing for development and construction projects.
- Preparing GAAP adjustments as required under ASC 970 Real Estate Accounting and ASC 360 Property, Plant & Equipment.
- Review prepared bank reconciliation.
- Calculation and analyzing development management fees.
- Review of balance sheet reconciliations and analytical reviews of WIP balances for assets under development.
- Completion and review of quarter end and month end checklist tasks.
- Prepare schedules and support for audits, tax preparation and valuations.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
- Bachelor's Degree in Accounting or related field.
- CPA certification qualified with a large accounting firm and awareness of SOX controls. (Preferred)
- Minimum of 5 years of previous GAAP accounting with experience in ASC 970 Real Estate, ASC 360 Property, Plant and Equipment and ASC 820 Fair Value preferred.
- Industry experience should be with Real Estate and/or Investment Management firms.
- Experience in Yardi and proficient in Microsoft Office, especially Excel (VLOOKUP’s, pivot tables, etc.).
ABOUT YOU:
- Ability to solve practical problems and continuously identify new ways to improve processes.
- 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 and the ability to clearly communicate trends in large volumes of financial data.
- Ability to read, analyze and interpret complex agreements.
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 $100,000 - $140,000.
HOW WE FEEL ABOUT DIVERSITY AND INCL
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s