Controller

CIM Group, LP • Phoenix, AZ

1d

About The Position

The Controller, Accounting, is responsible for the overall quality of the accounting, financial reporting, performance measurement and preparation of management reports, including cash flow forecasting and other analysis, for a high-growth energy company with an enterprise value of more than $2.5B. The position partners closely with development, operations, portfolio management, valuations, tax, treasury, as well as internal and external auditors to ensure the close to reporting process supports the overall business objectives and maintains a high standard of integrity. The role also contributes to new project onboarding, transaction activity, and ongoing liquidity management within complex entity structures.

Requirements

• Bachelor's Degree in Accounting, Finance or related field.
• 7-10 years of related experience.
• Knowledge of various asset classes, including open and closed-end real estate fund structures (subsequent closes, capital calls, distributions), PE fee structures (management fees and carried interest) valuation approaches (NAV), accounting and reporting processes.
• Prior Fund accounting experience including preparation/reviews full-cycle accounting of assigned portfolio of fund(s), co-investments, investments including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers in Yardi platform.
• Technical accounting experience covering corporate restructures, consolidation and accounting for contracts and revenue recognition. Experience with ASC 606 Revenue Recognition and ASC 810 Consolidation a must.
• Must be proficient in Microsoft Office (i.e. Excel Pivot Tables, Sum-If, V-Lookups etc).

Nice To Haves

• Working knowledge of PE accounting ledger and associated hands on Yardi system experience is an advantage.
• Big 4 or other Public Accounting Experience (preferred).
• CPA (preferred).
• MBA, CFA or additional designation a plus.

Responsibilities

• Reviews full-cycle accounting for energy projects / investments and corporate structure, including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports.
• Prepare and/or review general ledger close, including eliminations, accruals for corporate and project operational level expenses, approving/processing invoices, and month-end reconciliations.
• Prepare and/or review corporate and project level financial statements and collaborate with fund accounting teams to assist in the preparation or review of financial statements to meet investor / SEC requirements.
• Review corporate-level and project-level lender reporting packages as well as pro-forma covenant calculations, as necessary.
• Prepare and/or review purchase price accounting for acquisitions including overseeing the system set up of multi-entity structures.
• Prepare and/or review technical accounting analysis of offtake agreements including collaborating with operations team to establish billings process and tracking of contract minimums for new offtake agreements
• Prepare and/or review technical accounting analysis of corporate restructures including collaborating with Fund Accounting teams to ensure appropriate accounting treatment and consolidation in reporting and accounting system.
• Provide support to Capital Markets team for debt issuances and ensure close to reporting processes can support any new reporting or collateral management requirements.
• Assist in Treasury functions including monitoring/repayment of the fund credit facility, liquidity management, cash projections and review of cash transfers.
• Provide information for and take part in audit and tax preparation.
• Collaborate cross functionally across various teams whilst supporting middle office, tax, legal financial reporting and treasury functions for the Funds and entities.
• Assist with research on technical accounting matters, including the ability to document in memos as necessary.

Benefits

• 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!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees