Assistant Manager, Fund Administration (Accounting)
Juniper SquareSalary not specified
Full Time
Mid-level (3 to 4 years), Senior (5 to 8 years)
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, InfrastructureIndustries
Requirements
- Bachelor's Degree in Accounting
- 6-8 years previous accounting experience
- Big 4 or other public accounting experience is a plus
- Proven ability to manage full-cycle accounting close, preferably in a multi-entity organizational structure
- Real estate, private equity, and/or alternative investments experience, particularly fair value fund, joint venture, and tax-equity partnership accounting experience is a plus
- Proven ability to coordinate with external parties (accounting firms, shared service centers, and outsourced teams) with clear and concise written and verbal communications
- CPA is preferred
- Proficient in Microsoft Office, especially Excel and Word
- Extensive knowledge of GAAP accounting
- Experience in project or engagements management
- Experience in Yardi, MRI, J. D. Edwards or comparable software
- Ability to organize, perform and prioritize various functions to meet deadlines with minimal supervision
- Effective communication skills, both written and oral
Responsibilities
- Reviews full-cycle accounting of assigned portfolio of assets including preparation and/or review of the financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports
- Manages offshore full-time employee(s) and related standard operating procedures for month-end close and reporting activities, including limited tenant ledger activity
- Manages relationship with third-party accountants and operating partners to interpret and map financials results from their general ledger to CIM’s general ledger
- Prepares and/or reviews equity accounting schedules for partner capital account balances
- Prepares and/or reviews intercompany tracking and analyses
- Prepares and/or reviews consolidation analyses
- Interprets legal documents, determine accounting treatment, and summarize conclusions in a clear and concise manner
- Researches technical accounting areas and document conclusions for accounting issues in a clear and concise manner
- Reviews debt agreements and manages financial deliverables to lenders
- Prepares, reviews and presents internal financial reporting and analysis. Works with FP&A and asset management departments to assist with budget to actual reconciliation and variance analysis
- Leads and implements various process improvement and technology initiatives and documents standard operating procedures
- Coordinates with Fund Accounting teams with respect to fulfilling ongoing and ad hoc requests from investors for financial information for portfolio of assets
- Prepares and/or review contribution and distribution calculations, summaries and notices as needed for funds, co-investments and joint ventures
- Provides information for and take part in Q&A for audits and tax preparation
- Supports organizational restructurings, mergers, and acquisitions by providing financial information for due diligence requests and assists with accounting treatment analysis
Skills
Full-Cycle Accounting
Financial Statements
General Ledger
Subsidiary Ledger
Budget Preparation
Cash Flow Projections
Job Cost Reports
Equity Accounting
Intercompany Analysis
Consolidation Analyses
Technical Accounting Research
Legal Document Interpretation
CIM Group
Real estate and infrastructure development and management
About CIM Group
CIM Group focuses on real estate and infrastructure, operating as an owner, operator, lender, and developer. The company targets urban areas with significant growth potential, acquiring, developing, and managing properties while also providing loans for real estate projects. Revenue is generated through property rentals, sales, and lending activities. CIM serves a variety of clients, including investors, businesses, and community organizations, and has worked on notable projects like the Dolby Theatre in Hollywood and the Tribune Tower in Chicago. What sets CIM apart from competitors is its strong commitment to community engagement, demonstrated through initiatives such as preparing meals for those with chronic illnesses and creating community gardens. The goal of CIM Group is to be the leading partner for investors and users of real assets that benefit communities.
Los Angeles, CaliforniaHeadquarters
1994Year Founded
$559.3MTotal Funding
DEBT_FINANCINGCompany Stage
Government & Public Sector, Real EstateIndustries
1,001-5,000Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Bereavement Leave
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Professional Development Budget
Wellness Program
Volunteer Time Off
Risks
Rising interest rates could impact CIM's real estate financing costs.
Remote work trends may reduce demand for CIM's commercial office spaces.
Stricter environmental regulations could increase compliance costs for CIM.
Differentiation
CIM Group focuses on community impact through real estate and infrastructure projects.
The company integrates ESG initiatives into its investment and development strategies.
CIM's diverse expertise spans from due diligence to asset disposition.
Upsides
CIM benefits from increased demand for mixed-use developments in urban areas.
The trend towards sustainable building practices aligns with CIM's ESG focus.
CIM's integration of smart technology attracts tenants and buyers.
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