Posted 15 days ago

Coordinator, Development Financial Services

Los AngelesOn-siteFull-time

AI Summary

Coordinates Development Financial Services by processing contracts and invoices, setting up vendor accounts, and ensuring compliance with insurance and lien waiver requirements.

About this role

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:

This position works as a Coordinator for the Development Financial Services Department. The Coordinator works with Development, Development Accounting, and other corporate divisions, to support the efficient and timely processing of contracts and invoices. This role will follow compliance and development related procedures, including but not limited to vendor and contract set-up/processing; invoice processing; vendor coordination for insurance compliance, invoices, waivers, etc.; waiver and preliminary notice tracking. The role will work with project teams to facilitate account set up, billing queries and other administrative concerns throughout the pre-development and construction process.

ESSENTIAL FUNCTIONS:

Assist the Development Department with contract set-up, accounts payable, and administrative tasks.

Process Development invoices and pay applications in Yardi Payscan, including review of preliminary notices and lien waivers.

Work closely with Legal and Risk departments to draft and package contract documents and exhibits.

Resolve and respond to issues and discrepancies related to job and contract set-ups, invoice payments, etc.

Obtain, review, and process vendor insurance documentation.

Ensure timely payment of invoices by reviewing pending contracts and invoice approvals.

Work with Accounting and project teams to ensure proper job-cost accounting.

Perform other administrative tasks as needed.

NON-ESSENTIAL FUNCTIONS:

Operate standard office equipment.

Attend training sessions for job cost accounting and software.

Be responsive and flexible to new projects.

Observe and implement best practices among different project teams.

SUPERVISORY RESPONSIBILITIES:

None.

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

Minimum 1 year of Accounts Payable, contracts, and/or relevant experience.

Understanding of basic legal and accounting principles preferred but not required.

Real estate and/or construction contracting experience preferred but not required.

KNOWLEDGE, SKILLS AND ABILITIES:

Proficient in Microsoft Office.

Experience with Yardi or related accounting software preferred, but not required.

Interpersonal skills to effectively communicate with third-party vendor inquiries.

Aptitude for the fundamentals related to Real Estate, Legal, Accounting and related fields.

PERFORMANCE METRICS:

Accuracy in work product.

Timeliness in completion of work product.

Skills

Accounts PayableContract ProcessingInvoice ProcessingJob-cost AccountingLien Waiver ProcessingMicrosoft OfficePreliminary Notice TrackingVendor Insurance ComplianceYardi Payscan