Vice President, Accounting and Finance

Vice President, Accounting and Finance

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!

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 :

Knowledge, Skills, and Abilities :

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 :

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 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.