Full-Time

Associate Accountant

Development and Construction

Updated on 5/18/2024

CIM Group

CIM Group

1,001-5,000 employees

Community-focused real estate and infrastructure projects

Real Estate

Junior

Phoenix, AZ, USA

Requirements
  • Bachelor’s degree in Accounting or related field
  • Job Cost or Property Accounting, GL Accounting experience required
  • Strong understanding of basic accounting principles
  • Proficient in Microsoft Office, especially Excel (vlookups, pivot tables, etc)
  • Knowledge of construction accounting and general construction processes preferred
  • Understanding of GAAP Accounting preferred
  • Experience with Yardi, Payscan, and Nexus or related accounting and AP software preferred
Responsibilities
  • Perform full cycle job-cost accounting for all development/construction projects
  • Manage project costs through budget tracking, invoicing, reconciliation, and cash management
  • Perform month-end processes, including job cost accruals, journal entries, place in service, and general ledger reconciliations
  • Prepare and source monthly accruals and job status updates from the project teams by leading monthly calls and training others on the capitalization policy
  • Complete month-end checklists as is it relates to projects
  • Have a strong understanding of GC Pay Applications (G702/703) to process invoices in P2P/Yardi
  • Track payments and lien releases against contracts/budgets and communicate with project managers and contractors to resolve any payment issues or missing documentations
  • Assemble, submit, and reconcile Construction Loan Draws and Capital Reserve Requests to lenders for funding
  • Be the main point of contact between your assigned projects and other business units within the organization
  • Calculate development management fees and analyze month-to-month variances
  • Track Temporary Certification of Occupancy and other relevant milestone dates
  • Assist with Valuations and Appraisal requests as needed
  • Complete special projects as assigned by the Manager

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

22%