CIM Group

Fund Accounting Director

Phoenix, Arizona, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Financial ServicesIndustries

Requirements

Candidates should possess a Bachelor’s degree in Accounting, Finance, or a related field, and hold a CPA or equivalent certification. They must have a minimum of 10 years of experience in fund accounting, with at least 5 years in a leadership role within the real estate or infrastructure industry. Strong knowledge of GAAP and SEC reporting requirements is essential, along with experience in complex accounting structures and joint ventures.

Responsibilities

The Fund Accounting Director will oversee the preparation and review of monthly, quarterly, and annual financial statements for the Fund and its individual infrastructure assets, ensuring accuracy and compliance with external reporting requirements. They will also be responsible for internal financial reporting, technical accounting compliance, and assisting with loan documentation, coordinating with investors and joint venture partners, and overseeing the annual audit process. Furthermore, the Director will provide guidance to the accounting team, coordinate with the Investments team on new investments, and review asset level budgets and forecasts, as well as liaise with Portfolio Oversight and Legal teams.

Skills

Financial Reporting
Accounting
Technical Accounting
Financial Statements
Budgeting
Forecasting
GAAP
Joint Venture
Debt Agreements
Cash Management
Loan Documentation
Auditing

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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