Full-Time

Sr. Fund Accountant

Updated on 6/7/2024

CIM Group

CIM Group

1,001-5,000 employees

Community-focused real estate and infrastructure projects

Real Estate

Senior

Los Angeles, CA, USA

Required Skills
Mergers & Acquisitions (M&A)
Requirements
  • 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)
  • 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
Responsibilities
  • Utilize specialized training and experience with GAAP methodology to engage in general GAAP accounting for assigned fund/asset(s)
  • Prepare daily accounting of assigned books and ensure consistency, accuracy, and timeliness of reviews
  • Develop a systematic approach to financial data for quality in analysis and reporting
  • Engage in ongoing analysis of investor templates and support Financial Reporting with financial statement & footnote schedules, operational metrics, due diligence questionnaires (DDQs), and investor reporting
  • Prepare lender covenant reporting for assigned fund investments
  • Review agreements to ensure accuracy of setup
  • Assist in preparing investor and fund reporting
  • 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

CIM Group specializes in community-focused real estate and infrastructure projects, utilizing community-centric technologies and methods to create value in real assets.

Company Stage

N/A

Total Funding

$47.5M

Headquarters

Los Angeles, California

Founded

1994

Growth & Insights
Headcount

6 month growth

1%

1 year growth

7%

2 year growth

19%