Sr. Accountant

CIM Group•Phoenix, AZ

About The Position

The Senior Accountant applies CIM accounting policies and GAAP methodology to the day-to-day accounting of assigned processes. The role supports the Controller and Senior Manager with full-cycle close and recurring and ad hoc deliverables, develops an understanding of company investment structures, monitors and reconciles cash activity, and prepares financial reports and operational metrics. It requires sound independent judgment and discretion and is performed with limited supervision.

Requirements

College degree in accounting or finance (BA or BS).
At least 3 years of previous GAAP accounting experience.
Experience with fixed assets and capitalization policies.
Strong understanding of ASC 970 and ASC 360.
Demonstrated knowledge and application of GAAP accounting.
Ability to independently organize and manage multiple tasks in a detailed, deadline-oriented environment with minimal supervision.
Analytical and critical-thinking skills.
Strong written and verbal communication skills.
Time-management skills.
Proficiency in Microsoft Office, especially Excel and Word.
Experience with Yardi, MRI, J. D. Edwards, or comparable software.

Nice To Haves

GAAP accounting experience in real estate, private equity, or capital projects.
Big 4 or other public accounting experience.
CPA.

Responsibilities

Review asset-level reporting prepared by asset-level accountants.
Account for investments, including preparing investment-level financial statements and GAAP adjustments under ASC 970 and ASC 820.
Account for investment-level debt, property taxes, insurance payables, and other non-operating accruals.
Assist with real estate investment and debt schedules for valuations, and prepare fair value entries and supporting cost and debt roll-forwards.
Calculate and account for property and development management fees and, where required, fund management fees based on fund tier levels.
Prepare balance sheet reconciliations and analytical reviews of investment-level performance.
Complete month-end and quarter-end checklists.
Assist with accounting analyses and documentation for complex or non-routine transactions associated with real estate costs and development projects.
Prepare schedules and supporting materials for audits, tax preparation, and valuations.
Account for asset acquisitions and dispositions and record required funding.
Assist in setting up accounting structures.
Monitor cash balances and liquidity needs in investment structures, approve invoice settlements, and work with Managers on capital draws and distributions.
Approve non-operating accruals and accounts payable.

Benefits

Competitive compensation plan.
Medical, dental, and vision benefit plans.
Health Savings Account with an employer contribution.
Company-paid life and disability insurance.
401(k) savings plan with company match.
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 with monthly and quarterly prizes.