Fund Director

Fund Director

Phoenix, AZ

Fund & Asset Finance Accounting Fund Public / Full Time / Hybrid

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!

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

Responsibilities :

• 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 / 3rd party accounting partners with varying levels of expertise.
• Assist with streamlining of process across various funds.
• Liaise with Portfolio Oversight and Legal.
• Review of and input to annual asset level budgets and forecasts.
• Prepare schedules and support for audits, tax preparation and valuations.
• 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.
• 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 Investment Accounting 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.

Education / Experience Requirements :

About You :

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.

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.