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Sr. Property Accountant
CIM GROUP Los Angeles, CA
$94k-114k (estimate)
Full Time 11 Months Ago
Save

CIM GROUP is Hiring a Sr. Property Accountant 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 Senior Accountant will be responsible for the day-to-day accounting of assigned funds or assets as well as cash controls for the bank accounts associated with these funds or assets.

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Responsibilities:

  • Prepare and analyze the financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports for assigned funds or assets
  • Perform daily activities such as receive checks, post receipts and prepare deposits; review and post payable invoices; review and post tenant billing adjustments; review and post prepayment application to open charges, and; update gross sales reports
  • Reconcile, verify and validate all entries and postings to balance sheet and income statement accounts
  • Provide accurate and timely financial information to other internal departments such as Investments and Asset Management, as well as lenders, consultants, etc. by established deadlines
  • Prepare contribution and distribution calculations, summaries and notices as needed
  • Prepare lender reporting package for select assets
  • Provide information for and take part in Q&A for audits, tax preparation and appraisals
Additionally:
  • Work overtime as needed and with short notice (for time sensitive requests)
  • Prepare correspondence related to finance for numerous departments including Asset/Property, IT and Investments
Education/Experience Requirements:
  • Bachelor's Degree in Accounting or related field
  • 3 years’ experience preferred
  • Real estate/private equity experience preferred
  • Proficient in Microsoft Office, especially Excel and Word
  • Demonstrated knowledge of GAAP accounting
  • Experience in Yardi, MRI, J. D. Edwards or comparable software
  • Operate standard office equipment
About You:
  • 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 read and comprehend simple instructions, short correspondence and memos
  • Ability to write simple correspondence and/or reports
  • Ability to effectively present information to customers, clients and other employees of the organization
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume
  • Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and concepts such as exponents, logarithms, quadratic equations and permutations
  • Ability to apply mathematical operations to such tasks as frequency distribution, reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis
Performance Metrics:
  • Accuracy in work product
  • Timeliness in completion of work product
  • Feedback from clients, peers, customers and other key contacts on effectiveness of the incumbent
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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 $38.50 - $52.90 per hour.

How We Feel About Diversity and 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

05/14/2023

EXPIRATION DATE

05/08/2024

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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