Sr. Accountant

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:To 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. 

• ESSENTIAL FUNCTIONS (at least 80% of time spent in work requiring independent judgment and high level analysis):
• 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
• Prepare lender covenant reporting for assigned fund investments.
• Review agreements to ensure accuracy of setup.
• Assist in preparing investor and fund reporting 
• NON-ESSENTIAL FUNCTIONS (up to 20% of time allocation for the position):
• Maintain bank accounts, monitor cash balances, record cash activity, and prepare bank reconciliations. 
• Prepare wire requests related to financing, acquisitions, funding reserves and payment of expenses.
• Prepare or assist in management fee calculations based on understanding of fund tier levels and. diversity of templates. 
• Assist with fund level contribution, distribution and redemption calculations, as well as summaries and notices. 
• Assist with real estate investment & debt schedules for valuations, prepare fair value entries and supporting cost & debt roll forwards. 
• Prepare schedules and support for audits, tax preparation and valuations. 
• Prepare or assist in waterfall calculations.

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

• 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

What CIM offersCIM offers an enriched benefits program as well as a wide range of resources for eligible employees to thrive both inside and outside of work. Some of our benefits include:Medical, dental, and visionCompany-subsidized Health Savings AccountCompany paid life & disabilityPre-tax savings accounts401(k) matchCompetitive vacation policyAdditional voluntary benefitsPaid time off for community servicePaid Parental Leave: Up to 12 weeks
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 ro