Development Accounting Manager at CIM Group

Atlanta, Georgia, United States

CIM Group Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Infrastructure, ConstructionIndustries

Requirements

  • Minimum of 3 years of experience in Real Estate, Accounting, and related fields
  • Minimum of 2 years of experience managing a team
  • Understanding of basic accounting principles
  • Proficient in Excel
  • Experience with Yardi/Procure to Pay/Elevate
  • Interpersonal skills to effectively communicate with all stakeholders

Responsibilities

  • Lead and manage the project accounting team for development and construction projects based in Atlanta/East Coast, including ownership of all project accounting processes that align with organizational goals and timelines
  • Oversee and streamline the capital call process to reduce the time and resources required while maintaining accuracy and precision of funding needs
  • Assist the VP of Development Financial Services in implementing processes and effect change, identify areas of improvement and create plan of action, clearly convey recommendations that strive towards efficiency
  • Review work of project accountants and coordinators, ensuring accuracy and timeliness; strategically allocate resources to manage workload
  • Review and perform month-end functions such as accrual review, balance sheet reconciliation, and variance analysis
  • Review pay applications, including waivers, contracts, and budgets
  • Work effectively with various stakeholders and interdisciplinary teams
  • Review of team’s work to ensure accurate and timely deliverables

Skills

Project Accounting
Contract Management
Capital Calls
Development Accounting
Construction Accounting
Process Improvement
Team Management
Financial Processes

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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