Vice President, Accounting (Portfolio Company) in Los Angeles, California at CIM Group
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Job Description
ABOUT:
Our platform combines development and management expertise to operate seamlessly across the full real estate lifecycle, from initial investment through ongoing operations. This end-to-end approach allows us to generate sustained value for the communities we support.
Our success is driven by our people. We’re committed to delivering meaningful value for tenants and stakeholders by partnering with top talent across the industry. If you’re looking to do impactful work alongside a high-performing team, we invite you to join us.
POSITION PURPOSE:The Vice President will lead the Accounting function, overseeing all core accounting operations while ensuring the accuracy, integrity, and timeliness of financial reporting. This role partners closely with executive leadership and cross-functional teams to deliver financial insights, strengthen internal controls, and support strategic decision-making. The Vice President will also drive the development of accounting policies and processes, lead month-end and year-end close, and build and mentor a high-performing team.
- Overall responsibility for accounting operations, including general ledger, accounts payable, fixed assets, and treasury functions.
- Design, develop, and implement accounting policies, procedures, and best practices.
- Accountable to work with IT to develop, maintain, and enforce appropriate internal controls.
- Responsible for timely and accurate month-end and year-end close processes for corporate and subsidiary books in accordance with US GAAP.
- Oversight of preparation, review, and analysis of financial statements, management reports, and variance analyses.
- Lead budgeting and forecasting processes with accurate financial data and insights.
- Serve as the liaison between the accounting team, executive leadership, and other internal departments, as well as coordinating external audits.
- Partner with executive leadership to provide financial guidance and support strategic decisionmaking.
- Supervise, mentor, and develop accounting staff to build a highperforming team.
- Collaborate crossfunctionally with operations, HR, and other departments.
- Ensure accurate and timely communication of financial information across the organization.
- Bachelor’s degree in accounting or related field.
- CPA-qualified with a large accounting firm.
- Knowledge of industry standard reporting metrics including MOIC, TVPI, IRRs and time weighted returns.
- Minimum 10 years of experience in accounting management.
- Industry experience should be with Private Equity or Hedge Funds preferably with Real Estate experience.
- Experience working with Yardi or equivalent accounting system required.
- Ability to create and lead teams with the capability to inspire and guide a finance team including building new processes and procedures working across multiple stakeholder groups.
- Excellent communication and people skills for collaborating with cross-functional teams.
- A deep understanding of operational processes and the ability to identify opportunities for process improvement and cost reduction.
- Proficiency in analyzing complex financial information, identifying trends, and providing actionable insights to drive decision-making.
- Strong understanding of real estate accounting and reporting systems.
- Strong written and verbal communication abilities.
We provide compensation and benefits to support our employees. Eligible employees receive a compensation package and have access to a range of benefits designed to support their needs both at work and outside of it. These include:
- A variety of Medical, dental, and vision benefits plans
- Health Savings Account with a generous employer contribution
- Company paid life & disability insurance
- 401(k) savings plan, with company match
- Paid time off, including: vacation days, 9 designated holidays, and sick time