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Senior Accountant

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 utilize education and experience in accounting to apply GAAP methodology in the performance of day-to-day accounting of assigned fund & co-investment books as well as in supporting the Controller & Manager with reoccurring and ad hoc requests, in understanding company investment structures, in monitoring and reconciling cash activity, and in compiling financial reports & operational metrics.  This role relies heavily on independent judgment and discretion and includes only limited supervision. 


RESPONSIBILITIES:
  • Utilize specialized training and experience with GAAP methodology to engage in general GAAP accounting for assigned fund/asset(s), to prepare daily accounting of assigned books, and to ensure consistency, accuracy and timeliness of reviews (requires in-depth knowledge of accrual accounting and build out of amortization schedules based on expense).  Develop a systematic approach to financial data for quality in analysis and reporting. Given open ended funds, engage in ongoing analysis of investor templates and determine where to mine data to support Financial Reporting with financial statement & footnote schedules, operational metrics, due diligence questionnaires (DDQs), and investor reporting.
  • Fulfill timely ad hoc internal requests and prepare financial reports, analyses, and related tasks as assigned using standard GAAP accounting practices.
  • Create, reconcile, and validate entries to balance sheet and income statement accounts to close books either monthly or quarterly, address variances with appropriate resolution.


EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • 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)


ABOUT YOU:
  • 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


WHAT CIM OFFERS:

At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:

•   A variety of Medical, dental, and vision benefit plans

•   Health Savings Account with a generous employer contribution

•   Company paid life and disability insurance

•   401(k) savings plan, with company match

•   Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave

•   Up to 16 hours of volunteer time off

•   Up to 16 weeks of Paid Parental Leave

•   Ongoing professional development programs

•   Wellness program, including monthly and quarterly prizes

•   And more!


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, CA is $38.50 - $52.90 per hour.

 


HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:

At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.

 

*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.


CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.


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What You Should Know About Senior Accountant, CIM Group, LP

Are you ready to take your accounting career to new heights? Join CIM Group as a Senior Accountant in Los Angeles, CA, where you’ll make a real impact. Our community-focused real estate and infrastructure firm is dedicated to enhancing the areas we work in, and we need someone like you to help us manage and invigorate our financial operations. In this role, you will apply GAAP methodology in managing day-to-day accounting for assigned fund and co-investment books. You will work closely with the Controller and Manager, tackling ongoing projects and adding your analytical acumen to our financial reporting processes. As a Senior Accountant, your tasks will include performing detailed calculations, reconciling cash activities, and creating insightful financial reports. We value independent judgment and discretion as you tackle responsibilities with minimal supervision. Your background in GAAP accounting will shine as you organize financial data, ensuring accuracy and timeliness. If you’re a proactive problem solver with a knack for critical thinking, and you're proficient in tools like Microsoft Office and perhaps Yardi or MRI, we want to hear from you. CIM Group offers competitive compensation, benefits, and a workplace culture committed to diversity and inclusion. Join us and help create communities where everyone can thrive!

Frequently Asked Questions (FAQs) for Senior Accountant Role at CIM Group, LP
What are the responsibilities of the Senior Accountant at CIM Group?

As a Senior Accountant at CIM Group, you will engage in GAAP accounting for assigned fund and asset books, prepare daily accounting tasks, and ensure the accuracy and timeliness of reviews. Your role involves analyzing financial data, fulfilling internal requests, and preparing comprehensive financial reports. You'll also be responsible for reconciling entries on balance sheets and income statements, which is critical for closing books monthly or quarterly.

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What qualifications are required for the Senior Accountant position at CIM Group?

To qualify for the Senior Accountant position at CIM Group, you need a bachelor’s degree in accounting or finance, along with at least three years of GAAP accounting experience. Experience in real estate or private equity is preferred, and candidates with Big 4 accounting backgrounds or who hold a CPA are strongly favored.

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What software skills are needed for the Senior Accountant role at CIM Group?

Candidates applying for the Senior Accountant position at CIM Group should be proficient in Microsoft Office, particularly Excel and Word. Familiarity with accounting software such as Yardi, MRI, or J.D. Edwards is also beneficial, as these tools are essential for performing the responsibilities of the role efficiently.

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How does CIM Group support its employees in the Senior Accountant position?

CIM Group is dedicated to employee success and offers a variety of benefits for those in the Senior Accountant position, including a competitive compensation package, comprehensive health benefits, generous paid time off, professional development programs, and a wellness program. We believe in supporting our employees both personally and professionally.

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What is the work environment like for Senior Accountants at CIM Group?

At CIM Group, the work environment for Senior Accountants is dynamic and collaborative. Employees are encouraged to offer their perspectives and contribute to a culture of inclusivity and support. You will work in a detailed and deadline-oriented atmosphere where your analytical and critical thinking skills are highly valued.

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Common Interview Questions for Senior Accountant
Can you explain your experience with GAAP accounting in previous roles?

When answering this question, focus on specific instances where you've applied GAAP principles, highlighting your approach to accuracy, consistency, and attention to detail in financial reporting. Mention any challenges you faced and how you resolved them using your knowledge of GAAP.

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How do you manage multiple accounting tasks under tight deadlines?

In responding to this question, illustrate your time management strategies, such as prioritizing tasks, utilizing software tools for organization, and outlining a systematic approach to ensure all deadlines are met without compromising quality.

Join Rise to see the full answer
Describe a time when you identified a significant error in financial reporting. What did you do?

Provide a detailed account of the situation, focusing on the steps you took to pinpoint the error, how you communicated this to the team, and what corrective actions were implemented. This demonstrates your analytical skills and proactive nature.

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What accounting software are you proficient in, and how have you used it in your previous jobs?

Share your experience with software like Excel, Yardi, or MRI. Discuss how you utilized specific features to streamline processes or enhance reporting accuracy, highlighting your adaptability to various tools.

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How do you approach preparing financial reports and analyses?

Walk the interviewer through your process, from gathering raw data to performing analyses and presenting findings. Emphasize the importance of accuracy and clarity in your reports, and how you tailor information for different stakeholder needs.

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What steps do you take to ensure accuracy in your accounting work?

Discuss methods you use to double-check your work, such as peer reviews, reconciliations, or using checklists. Highlight your commitment to high-quality outputs and continuous improvement in your processes.

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How do you stay current with changes in accounting regulations?

Explain your strategy for professional development, including attending workshops, subscribing to industry publications, or being part of professional networks. This illustrates your dedication to staying informed and compliant.

Join Rise to see the full answer
Have you ever dealt with a difficult audit? How did you manage the situation?

Describe the audit situation, how you prepared for it, and any obstacles you faced. Highlight your communication skills and the collaborative efforts you initiated to ensure all required information was ready and accurate.

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What do you believe is the most challenging aspect of the Senior Accountant role?

Share your perspective on common challenges, such as managing competing deadlines or adapting to changing regulations. Provide insights on how you would address these challenges to portray your proactive approach.

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Why do you want to work at CIM Group specifically?

Articulate your interest in CIM Group by referencing their community focus and projects. Explain how you align with their values and how you envision contributing to their financial operations and broader mission.

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CIM Group is a premier real estate fund manager that makes private equity and/or debt investments in urban communities throughout North America, utilizing its full array of investment and operational expertise to maximize returns while mitigating ...

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Full-time, on-site
DATE POSTED
March 22, 2025

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