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Sr. Associate Accountant (Development & Construction)
CIM GROUP Los Angeles, CA
$94k-114k (estimate)
Full Time 3 Months Ago
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CIM GROUP is Hiring a Sr. Associate Accountant (Development & Construction) Near Los Angeles, CA

ABOUT CIM GROUP

CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 1,000 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION PURPOSE

The Sr. Associate Accountant (Development & Construction) will utilize their education and experience in accounting to apply GAAP methodology in the performance of full-cycle and job cost accounting for assigned development/construction projects as well as in supporting the Development/Construction and other Departments with month-end close, Balance Sheet Reconciliation, and Capital Project Accounting. This role relies heavily on independent judgment and discretion and includes only limited supervision.

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RESPONSIBILITIES:

  • Develop a systematic approach to data entry and data processing for quality in analysis, reporting, and facilitating the monthly accounting close for consolidated corporate entities (inclusive of residential, commercial and retail properties)
  • Maintain & collect data and prepare account reconciliations for all property balance sheet accounts with adequate support
  • Train and support accounting and property management staff on accruals, etc.
  • Prepare ad-hoc requests and analysis as needed
  • Ensure compliance with accounting policies and procedures and resolve related accounting issues
  • Analyze & research information as needed to answer accounting and financial questions by verifying information and interpreting data
  • Collaborate with other departments within the Company related to various accounting and financial projects
  • Prepare intercompany reconciliations and settlements
  • Maintain and create financial schedules as necessary
  • Assist with financial statement audits including preparation of supporting documentation
EDUCATION/EXPERIENCE REQUIREMENTS:
  • Bachelor’s degree in Accounting or related field
  • 3-5 years Job Cost or Property Accounting, GL Accounting experience (required)
  • Strong understanding of basic GAAP accounting principles
  • Real estate, infrastructure and/or credit investment experience preferred
  • Highly analytical and detail oriented
  • Deadline driven and ability to manage multiple tasks
  • Ability to work independently and to proactively evaluate and address work opportunities within the area of responsibility
  • Ability to apply common-sense understanding to carry out instructions
  • Ability to solve practical problems
  • Ability to read, analyze and interpret complex agreements
  • Ability to communicate effectively, both written and verbal
  • Ability to effectively present information to customers, clients and other employees of the organization
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What CIM offers

CIM offers an enriched benefits program as well as a wide range of resources for eligible employees to thrive both inside and outside of work. Some of our benefits include:

• Medical, dental, and vision

• Company-subsidized Health Savings Account

• Company paid life & disability

• Pre-tax savings accounts

• 401(k) match

• Competitive vacation policy

• Additional voluntary benefits

• Paid time off for community service

• Paid Parental Leave: Up to 12 weeks

Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required.

The role is considered non-exempt so will be eligible for overtime pay in accordance with federal and state law. At CIM, this role has the potential to receive a discretionary bonus in addition to base salary. The anticipated base pay range for the position in Los Angeles is $43.30 - $57.70 per hour. 

HOW WE FEEL ABOUT DIVERSITY & INCLUSION

CIM Group is committed to bringing together humans from different backgrounds and perspectives, providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where everyone can thrive, feel a sense of belonging, and do impactful work together. As an equal opportunity employer, we prohibit any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability*, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate. We respect the laws enforced by the EEOC and are dedicated to going above and beyond in fostering diversity across our workplace. 

*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.

#LI-NP1

CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.

Job Summary

JOB TYPE

Full Time

SALARY

$94k-114k (estimate)

POST DATE

01/25/2024

EXPIRATION DATE

05/18/2024

WEBSITE

cimgroup.com

HEADQUARTERS

LOS ANGELES, CA

SIZE

500 - 1,000

FOUNDED

2014

CEO

ABRAHAM SHENESH

REVENUE

$200M - $500M

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About CIM GROUP

CIM Commercial Trust Corporation, together with its subsidiaries, primarily invests in, owns, and operates Class A and office investments in urban communities throughout the United States. These communities are located in areas that include traditional downtown areas and suburban main streets. The Company's segments are office, hotel, multifamily and lending. The products for its office segment primarily include rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The products for its multifamily segment include rental of apartme...nts and other tenant services. The products for its hotel segment include revenues generated from the operations of hotel properties and rental income generated from a garage located directly across the street from one of the hotels. The Company is managed by affiliates of CIM Group, L.P. (CIM), a vertically integrated, full-service investment manager. More
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