Financial Analyst

Assist with managing asset data related to onboarding new acquisitions and offboarding dispositions. Provide additional support in facilitating processes associated with asset procurement, and asset dispositions as it relates to corporate tasks. Assist accounting in preparation of entity set ups, asset reporting layer packages, and organizational charts. Incumbent will work closely with Accounting, Data Governance, Investments, Property Management, Legal, Development and IT departments.
ESSENTIAL FUNCTIONS:

• Coordinate corporate and accounting aspects of on-boarding for new acquisitions, management transitions, development to operation transitions, restructures, and refinancing
• Entity breakdown, org chart design, accounting system set up, collection of legal and insurance documentation,
• Collaborate with Treasury division for bank account setup,
• Assist other departments for operational set up and updates.
• Facilitate the integration of assets into accounting process including but not limited to staff training, provide guidance of general process to accounting staff.
• Detail review monthly report of new and modified entity data inputs in CIM software’s (Yardi, Nexus, Salesforce, VTS, etc.), ensuring accuracy and consistency.
• Prepare asset reporting layer package (including org chart) with accounting team to maintain consistency of levels across different investments and funds.
• Update entity tagging to include appropriate investment code, Tenrox code and appropriate property levels based on reporting layer package.
• Being the liaison between legal, Accounting, Lease Admin, Property Management, Development Management, Data Governance, and FP&A to ensure reporting structures are appropriate to fit in all needs and are consistent with the business needs and legal set up.
• Provide firm-wide communication of key onboarding activities.
• Serve as the project manager to ensure all key onboarding activities are complete by each respective department or team members
• Collaborate with Property Management Operations on Business Systems management set-up as it relates to asset on-boarding and/or disposition.
• Prepare monthly reports tracking data tagging of new assets and reviewing changes made to existing assets.
• Assist with agreement abstract of the property management fee, condominium sales fee, and construction/development management fee.
• Assist with the loan servicing team and fund accounting team for entity and structural set up for all debt investment acquisitions/dispositions
• Assist with development of the onboarding/offboarding process and policy documents
• Coordinate all corporate aspects of off-boarding for asset dispositions
• Coordinate with Legal and Tax department to dissolving entities, if applicable
• Update property status and other property stats in CIM systems (Yardi, Salesforce, VTS, etc.)
• Coordinate with other departments to ensure all final tasks, including but not limited to lease termination tenant move-out, deposit accounting, have been completed to offboard the assets,
• Assist with the collection of legal and insurance documentation to buyer
• Provide firm-wide communication of any key offboarding activities
• Ensure all new acquisition and asset disposition paperwork is updated and completed in a timely manner.
• Complete ad-hoc projects, as needed.

NON-ESSENTIAL FUNCTIONS:

• Collaborate with IT Department and Property Management Operations to ensure removal of appropriate IT equipment (hardware and software) for asset onboarding and dispositions, to ensure smooth transition to the seller or buyer, respectively.
• Assist with operations of all third party managed assets in the first 60 days, if requested by PM Operations, to ensure all CIM processes are in place and communicated to third party to ensure compliance with CIM requirements.
• Must be able to assist with additional special projects including but not limited to on-boarding, training, and completing data validation, and data cleanup.

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

• Bachelor’s Degree and/or a minimum of 2 years of experience in real estate accounting, real estate management, acquisition property due diligence or onboarding of acquisitions for a variety of portfolio types: commercial, residential, industrial and mixed use.
• Experience with policies and procedures related to accounting operations.
• Detail oriented, ability to enter and review data consistently without errors
• Ability to prepare and review data workbooks in excel, relying on complex formulas.
• Highly organized, able to quickly access documents and multi-task in fast-paced environment
• Ability to effectively present information to tenants, vendors, contractors and other employees of the organization.
• Ability to read, analyze and interpret lease agreements, financial reports and/or legal documents.
• Demonstrated proficiency in Microsoft Office applications including but not limited to Outlook, Excel, PowerPoint, Visio, Yardi, Nexus, AVID, and VTS.
• MS Office including Excel, Word, PowerPoint, Outlook and Visio
• Familiar with Nexus Payables or similar software application.
• Familiar with Yardi or similar software application.

KNOWLEDGE, SKILLS AND ABILITIES:

• Read and interpret documents such as instruction manuals, company policies and procedures documents, legal documents such as purchase sales agreement, formation document, loan document, etc.
• Ability to write correspondence and/or reports accurately in a concise and detail manner.
• Ability to read, analyze and interpret lease agreements, financial reports and/or legal documents.
• Ability to apply common-sense understanding to carry out instructions.
• Ability to solve practical problems.
• Ability to define problems, collect data, establish facts and draw valid conclusions.

PERFORMANCE METRICS:

• Provide timely coordination and follow-up to ensure assets are appropriately onboarded/offboarded
• Provide accurate analysis, where needed
• Ensure accounting deadlines are met for entity/property set up in Yardi/Nexus/VTS
• Ensure assets are set up consistently to meet CIM reporting requirements

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.

Job Type: Full-time