Full-Time

Fund Accountant

Confirmed live in the last 24 hours

CIM Group

CIM Group

1,001-5,000 employees

Real estate and infrastructure development and management

Social Impact
Real Estate

Junior, Mid

Phoenix, AZ, USA

Position requires onsite presence in Phoenix, AZ.

Category
Financial Accounting
Accounting
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Accounting or Related Field.
  • Experience in real estate and/or construction loans preferred.
  • Background in financial services or real estate with 2 years relevant experience preferred.
  • Computer proficiency in MS Word, Excel, and Outlook.
  • Experience in Yardi, MRI, J.D. Edwards or comparable software a plus.
  • Demonstrated knowledge of GAAP accounting.
Responsibilities
  • Prepare general journal entries.
  • Analyze real estate loans and related transactions for proper accounting treatment.
  • Prepare investor reporting packages and address ad hoc investor requests.
  • Collaborate with third-party service providers, including loan servicer and fund administrator.
  • Reconcile loan ledger and general ledger and liaise with loan servicing team.
  • Assist with fund-level accounting and financial reporting as needed.
  • Support other internal teams such as financial reporting, portfolio oversight, investments with projects as needed.
  • Reconcile, verify and validate all entries and postings to balance sheet and income statement accounts.
  • Review monthly bank reconciliations.
  • Approve invoices, ensuring that GL coding is accurate.
  • Work with financial reporting team and internal/external auditors to assist with quarterly and/or annual reporting requirements.
  • Perform ad-hoc projects, as needed.

CIM Group focuses on real estate and infrastructure, primarily in urban areas with significant growth potential. The company acquires, develops, and manages 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.

Company Stage

N/A

Total Funding

$559.3M

Headquarters

Los Angeles, California

Founded

1994

Simplify Jobs

Simplify's Take

What believers are saying

  • Working on high-profile projects like Centennial Yards offers exposure to large-scale, impactful developments.
  • CIM Group's diverse portfolio provides opportunities to gain experience across multiple real estate sectors.
  • The company's focus on integrating advanced technology into their projects can offer employees a chance to work on innovative and forward-thinking developments.

What critics are saying

  • The scale and complexity of CIM Group's projects can lead to high-pressure work environments and tight deadlines.
  • Frequent acquisitions and sales, such as the recent sale of The Argonne, may lead to job instability and uncertainty for employees.

What makes CIM Group unique

  • CIM Group's diverse portfolio spans various sectors, including entertainment, hospitality, residential, and data centers, showcasing a broad investment strategy.
  • Their focus on high-profile, large-scale projects like Centennial Yards in Atlanta and the Downtown Grand Casino in Las Vegas sets them apart from smaller, niche real estate firms.
  • CIM Group's commitment to integrating cutting-edge technology, such as Cosm's Shared Reality, into their developments highlights their innovative approach to real estate.

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