Accounting director Jobs in Phoenix, AZ

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 Fund Director is responsible for the overall quality of the accounting and financial reporting of their Fund and the individual infrastructure assets and investments within that Fund, including oversight of the Fund accounting team. The Director will assist their staff as needed with respect to technical issues, problem solving and training.

RESPONSIBILITIES :

• Review and assist as necessary with the preparation of monthly, quarterly and annual financial statements for the Fund and individual infrastructure assets within the fund for external users, including banks, existing investors and potential investors.
• Preparation, review and presentation of internal financial reporting and analysis, including quarterly asset management meetings.
• Responsible for technical accounting compliance, including consultation with external auditors on complex accounting and tax issues as necessary.
• Review and understanding of Fund and asset level agreements, including the Fund LP agreement and Fund and asset level debt agreements.
• Assist with the preparation and review of loan documentation for Fund and asset level financing and refinancing.
• Coordinate with Portfolio Oversight with respect to fulfilling ongoing and ad hoc requests from investors for financial information.
• Coordinate financial reporting and accounting with multiple joint venture partners with varying levels of expertise.
• Oversee cash balances and management of sources and uses at the fund levels.
• Liaise with Portfolio Oversight and Legal.
• Review of and input to annual asset level budgets and forecasts.
• Set up and maintenance of accounting records and procedures for asset acquisitions. Includes complex legal and joint venture structures.
• Coordinate and interact with the Investments team with respect to accounting and reporting issues for new and ongoing investments.
• Coordinate with the valuations team regarding the quarterly and annual asset level appraisals and fair value adjustments.
• Oversee the annual audit of the Fund financial statements with the external auditor, including audit testing and review and preparation of the annual audited financial statements.
• Direct interaction with investors. Although most communication will be through Portfolio Oversight, direct communication with investors may be required.
• Update and presentation of the Fund and investment level IRR model, at a minimum on a quarterly basis.
• Oversight and training of the Controllers, Managers, Senior Accountants and Accountants working on the Fund team. Includes understanding of financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports.
• Review contribution and distribution calculations, summaries and notices as needed.
• Interact and coordinate with Information Technology staff regarding new software, systems, applications and systems deliverables.

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

ABOUT YOU :

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 :

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.

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.

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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