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Specialist, Accounts Payable

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 Multi-Family Real Estate Accounts Payable Specialist will be responsible for managing the accounts payable process for our portfolio of multi-family properties. This role involves processing invoices, ensuring timely payments, and maintaining accurate financial records. The ideal candidate will have a strong attention to detail and the ability to work collaboratively with various departments.


RESPONSIBILITIES:
  • Process and review invoices for accuracy and proper approval
  • Maintain and update vendor files and records
  • Monitor accounts to ensure payments are up to date
  • Collaborate with property management and accounting teams to ensure accurate financial records
  • Respond to vendor inquiries and resolve payment issues
  • Stay informed about industry best practices and regulatory requirements related to accounts payable


EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Associate's or Bachelor's degree preferred 
  • Minimum of 2 years of experience in accounts payable, preferably in the real estate sector preferred 
  • Proficiency in Yardi P2P preferred
  • Knowledge of multi-family real estate accounting practices is a plus


ABOUT YOU:
  • Strong attention to detail and organizational skills
  • Ability to work independently and as part of a team
  • Thrives in a fast-paced environment and achieving operational excellence


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, California is $26-$31 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 Specialist, Accounts Payable, CIM Group, LP

Are you an organized and detail-oriented professional looking to make a meaningful impact? Join CIM Group as a Specialist, Accounts Payable in sunny Los Angeles, CA! In this pivotal role, you'll manage the accounts payable process for our multi-family property portfolio. Your dedication will ensure that invoices are processed accurately and payments are made on time. With at least two years of experience in accounts payable—preferably in the real estate sector—you'll collaborate closely with our property management and accounting teams, guaranteeing that financial records are precise. If you're proficient in Yardi P2P and thrive in a dynamic environment, you'll fit right in with our passionate team of 1,000+ employees who are committed to enhancing communities across the Americas. At CIM, we believe your success is a team effort, and we offer a robust support system along with competitive compensation and a comprehensive benefits package. Elevate your career while enjoying the opportunity to make a lasting impact in our neighborhoods. Apply today to join us at CIM Group!

Frequently Asked Questions (FAQs) for Specialist, Accounts Payable Role at CIM Group, LP
What are the key responsibilities of the Specialist, Accounts Payable at CIM Group?

As a Specialist, Accounts Payable at CIM Group, you will be tasked with processing and reviewing invoices, maintaining vendor records, ensuring timely payments, and collaborating with various departments to uphold accurate financial records. This role requires a high attention to detail and the capacity to manage multiple tasks efficiently.

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What qualifications are needed for the Specialist, Accounts Payable at CIM Group?

Candidates for the Specialist, Accounts Payable position at CIM Group typically hold an Associate's or Bachelor's degree and have a minimum of two years of accounts payable experience, ideally within the real estate sector. Proficiency in Yardi P2P and knowledge of multi-family real estate accounting practices are important assets.

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How does CIM Group foster diversity and inclusion in the workplace for Accounts Payable Specialists?

CIM Group is dedicated to creating an inclusive environment where diversity is celebrated and respected. The company encourages unique perspectives and backgrounds, fostering a workplace free from discrimination. As a Specialist, Accounts Payable, you'll thrive in a supportive environment, enabling you to bring your best to the team.

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What benefits does CIM Group offer to Accounts Payable Specialists?

CIM Group provides an extensive benefits package for Accounts Payable Specialists that includes medical, dental, and vision plans, 401(k) savings with company match, paid time off, paid parental leave, wellness programs, and opportunities for ongoing professional development. This robust support helps employees thrive both personally and professionally.

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What is the expected salary range for the Specialist, Accounts Payable position at CIM Group in Los Angeles?

The anticipated base pay range for the Specialist, Accounts Payable position at CIM Group in Los Angeles, California typically falls between $26-$31 per hour. Factors such as experience, knowledge, and geography will influence actual compensation, alongside eligibility for overtime pay.

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Common Interview Questions for Specialist, Accounts Payable
How do you ensure accuracy when processing invoices?

To ensure accuracy when processing invoices, I methodically review each invoice for details like vendor information, approval signatures, and matching purchase orders. Implementing a checklist can help maintain quality and accountability in the accounts payable process.

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What experience do you have with vendor relations?

In my previous role, I maintained open communication with vendors to address inquiries and resolve payment issues. Building rapport with vendors is crucial for fostering a positive working relationship and ensuring timely payment resolutions.

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Can you discuss a time when you had to resolve a payment discrepancy?

Absolutely! I once encountered a payment discrepancy where a vendor claimed they hadn't received payment. I conducted a detailed review, found the payment in our records, and provided the necessary documentation to the vendor, ultimately resolving the issue and maintaining our good relationship.

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Describe how you prioritize tasks in a fast-paced environment.

In a fast-paced environment, I prioritize tasks based on deadlines and impact. I maintain a to-do list, breaking larger tasks into smaller, manageable steps, which helps me stay organized and focused. Regular check-ins on progress ensure that I address urgent tasks promptly.

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What accounting software have you used, and how have you leveraged it?

I have experience using Yardi P2P for accounts payable processes, allowing me to streamline invoice processing and payment approvals. Leveraging software features like automated workflows and reporting tools has greatly enhanced efficiency and visibility in our financial operations.

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How do you stay updated on industry best practices in accounts payable?

I stay updated on industry best practices by attending webinars, reading finance-related publications, and participating in professional networks. Continuous learning is essential, as it allows me to implement innovative solutions that could enhance our accounts payable processes.

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What role does teamwork play in accounts payable?

Teamwork is essential in accounts payable as it ensures all departments involved—like procurement and finance—are aligned. Collaborating effectively encourages open communication, minimizes errors, and leads to a more efficient payment process, ultimately benefiting the overall organization.

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How would you handle a frustrated vendor about a delayed payment?

I would approach the situation with empathy, first listening to the vendor's concerns. Then, I’d apologize for the delay, provide a timeline for when they can expect payment, and inform them of the steps I'm taking to resolve the issue, ensuring transparency throughout the process.

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What measures do you take to prevent fraudulent invoices?

To prevent fraudulent invoices, I implement a strict review process, requiring proper documentation and approvals before processing payments. Regular audits and training on identifying red flags also help cultivate caution and awareness within the accounts payable team.

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Why do you want to work for CIM Group as a Specialist, Accounts Payable?

I admire CIM Group's commitment to enhancing communities and its focus on diversity and inclusion. As a Specialist, Accounts Payable, I want to contribute to a team that values collaboration and excellence, where I can grow professionally while serving meaningful projects.

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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
April 3, 2025

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