Fund Accounting Manager (Bilingual Spanish)

Accounting - Fund - Private
Posted: 08/01/2019
Full Time
Los Angeles, CA
The Accounting Manager is responsible for the day-to-day accounting and overall quality of the financial reporting, including audited reports for private funds and related entities.
  • Handle full-cycle accounting including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers, budgets, and cash-flow projections.
  • Oversight of the Trust accounting reporting for Development and Properties to ensure accuracy, and completion on a timely manner.
  • Oversee the consolidation of funds and companies through analysis of complex ownership structures to ensure accurate reporting.
  • Review all reconciliations and understand all entries and postings to balance sheet and income statement deadlines performed by the Fund Administrator.
  • Review Capital call and Distribution allocations and notices prepared by the Fund Administrator.
  • Review Fund level financial statements prepared by Fund Administrator, including Management Fee Calculations, Promote and Incentive Fees.
  • Gather from fund directors/managers, review and record investment profit and loss, and incentive fees from waterfall calculations.
  • Provide accurate and timely financial information to other internal departments and under the specific deadlines.
  • Preparation and review of interim and annual financial reporting, including consolidated financial reporting as required under GAAP and IFRS.
  • Coordination with the external audit firm with respect to the preparation and issuance of annual audited financial statements and related footnotes
  • Provide information for and take part in Q&A for audits and tax preparation.
  • Analysis of fund and investment legal agreements and fund structures, including complex co-invest and joint venture structures, and fund and property level debt agreements.
  • Provide project management oversight on process/system implementation benefiting the funds being assigned
  • Assist in the on-boarding of any third-party providers (i.e.: Fund Admin, Outsourced Accountants, Tax Advisor, Auditor)
  • This position will be responsible for the coordination of the work assignments of the Fund Administrator, communicating deliverables expectations and providing feedback.
  • EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Bachelor's degree in Accounting or Related Field.
  • Minimum 6+ years' previous accounting and finance experience, particularly with IFRS.
  • Real Estate/private equity experience, particularly fair value fund and/or partnership accounting.
  • Big 4 or other Public Accounting Experience
  • CPA (preferred).
  • Prior experience with Mexico and/or LATAM regulatory environment (preferred).
  • Fluent in Spanish
  • Operate standard office equipment.
  • Proficient in Microsoft Office
  • Excellent Excel skills
  • Extensive knowledge of GAAP and IFRS accounting
  • Experience in Yardi, MRI, J.D. Edwards or comparable software.

  • 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.