Is the Vice President, Accounting and Finance role at Cimgroup remote?

The Vice President, Accounting and Finance role at Cimgroup is an on-site position located in Los Angeles, CA.

What is the salary range for Vice President, Accounting and Finance at Cimgroup?

The salary range for the Vice President, Accounting and Finance position at Cimgroup is USD 180,000 - 220,000 per year.

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Vice President, Accounting and Finance

$180k - $220k USD

CimgroupLos Angeles, CA2d ago

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 900+ 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 VP of Accounting and Finance is responsible for developing and overseeing the financial reporting, general ledger accounting, and cash management for a high-growth PE-backed power company with emphasis on renewables. This role will collaborate with other key members of management to enhance the efficiency and effectiveness of financial processes, controls, and reporting. This role will have a strong understanding of US GAAP and be responsible for maintaining and developing, as necessary, the Company’s accounting policies and controls. This role will also develop and maintain a deep understanding of financial performance and communicate insights to senior management and other key stakeholders, including leading initiatives to improve management, investor, and lender reporting.

ESSENTIAL FUNCTIONS:

Establish and continuously develop an accounting and reporting function for a high-growth, multi-entity company.

Lead a team of three to four for accounting and finance operations for the Company. Maintain a continuous improvement mindset for the accounting close with a focus on reducing the days to monthly close while improving accurate accounting records.

Implement and maintain processes for cash management and play an active role in financing workstreams including debt financings and potential equity financings.

Review and ensure the accuracy, completeness, and compliance of monthly financial statements, including monthly income statements, balance sheets, equity statements and statement of cash flows.

Implement financial processes and controls to address financial and business risks. Oversee and maintain the company’s control matrix, accounting policies, and processes.

Identify, communicate, and strategically approach resource needs to meet the accounting and reporting objectives, including utilizing offshore team to supplement local team.

Maintain and establish, where needed, accounting policies and procedures that are in accordance with US GAAP and that align with internal and external reporting objectives, including tax and lender requirements.

Analyze legal contracts and documents for finance operations, accounting, and reporting implications and implement processes to address compliance with contracts.

Ensure technical accounting areas are being assessed and maintained (e.g. consolidations/eliminations, purchase price allocations, revenue recognition, equity, fixed asset policies etc.).

Lead relationship with external audit firm and ensure completion of annual audit in a timely manner.

Maintain relationships with banks and lenders, including providing any necessary reporting.

Partner with the finance function to assist in developing annual budgets and forecasts, and assessing and evaluating actual performance against budgeted to provide regular updates to executive management and other key stakeholders.

Establish processes for budget to actual tracking and regular reporting.

Lead coordination with IT and other cross-functional teams to implement an ERP system in a manner that aligns the chart of accounts and project entity hierarchies to meet internal and external accounting and reporting requirements.

Oversee and assist with ad-hoc reporting and/or financial statement analysis requests for management, investors, or other stakeholders.

Lead the accounting due diligence, assessment of financial risks, and financial integration efforts.

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

Bachelor’s degree in accounting or finance.

Minimum 10 years’ experience in accounting/finance.

Minimum 3 years’ Big 4 experience (preferred).

CPA (preferred).

Experience working with multiple legal entities under different legal umbrellas.

Private equity, and/or alternative investments experience, particularly partnership accounting.

Experience in complex consolidations, intercompany accounting and reconciliation, and subsidiary-level financial reporting across multi-entity structures.

Job cost and cost basis reporting experience.

Renewables and development reporting is a plus.

Construction loan reporting experience (construction loan is a plus, lender reporting at minimum).

Audit and internal control framework experience.

KNOWLEDGE, SKILLS, AND ABILITIES:

Extensive knowledge of GAAP accounting.

Ability to organize, perform and prioritize various functions to meet deadlines with minimal supervision.

Effective communication skills, both written and oral, and strong attention to detail.

Strong interpersonal skills and the ability to communicate well verbally and in writing.

Strong analytical skills and detail-oriented.

Ability to make sound decisions.

Deadline driven and ability to manage multiple tasks.

Ability to work independently and to proactively evaluate and address work opportunities within the area of responsibility.

Ability to apply common-sense understanding to carry out instructions.

Ability to solve practical problems.

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:

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!

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, base pay is one part of the total compensation package. This role is eligible for bonus pay in addition to base salary. The anticipated base salary range for the position in Los Angeles, CA is $180,000 - $220,000.

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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.

*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.

CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.

CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.

Vice President, Accounting and Finance

ESSENTIAL FUNCTIONS:

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

KNOWLEDGE, SKILLS, AND ABILITIES:

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