CIRE Equity · 2 months ago
Senior Manager of Financial Reporting
United States
Full-time
Remote
Senior Level
$150K/yr - $190K/yrCIRE Equity is an entrepreneurial, growth-oriented company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the Western United States. The Senior Manager of Financial Reporting will manage financial reporting functions across all CIRE funds, ensuring compliance with regulatory requirements and GAAP while collaborating with various stakeholders to maintain financial transparency and integrity.
ConsultingProperty ManagementReal Estate
Responsibilities
Coordinate with VP of Financial Reporting & VP of Accounting on a monthly calendar to manage the third-party fund administrator to ensure NAV per unit for CREIT is published six days prior to each calendar month-end in accordance with the PPM
Complete timely review of monthly accounting packages provided by the fund administrator for CREIT and CIRE OpCo, with a focus on ensuring the accuracy of the management fee and incentive/performance calculations
Provide oversight over relationship with the fund administrator and transfer agent, including the negotiation of fees, ensure accurate billings, ensure quality, accuracy and timeliness of deliverables
Maintain fund return calculations & related peer benchmark performance data
Maintain investor-level partner capital account (PCAP) data
Ensure the timely and accurate completion of fund models for all non-CREIT investment vehicles
Ensure the timely and accurate processing of quarterly distributions for all investments with an emphasis on CREIT
Perform timely review of quarterly reporting to investors for all investment vehicles
Manage the project to create historical cost basis of accounting in MRI for CREIT and CIRE OpCo, including the determination of personnel needed internally as well as the use of third-party consultants
Oversee the preparation and review of all financial statements, including balance sheets, income statements, cash flow statements, footnotes, EPS calculation and Management Discussion and Analysis (MD&A ensuring accuracy and adherence to US GAAP
Assist in all capacities with the Form 10 preparation and external audit
Lead the preparation of quarterly and annual financial reports, SEC filings (10-Q, 10-K), press release and other required regulatory disclosures in a timely manner, as required
Participate in the preparation of quarterly and annual earnings release, investor decks, and other outside communications, as appropriate
Provide oversight and review of monthly consolidation process and timely resolution of issues that arise
Manage internal and external audit requests and communications
Collaborate with external auditor to facilitate the audit process, negotiating audit fees, addressing inquiries and providing necessary documentation to ensure a smooth and efficient audit
Lead and manage special projects as assigned
Assist with due diligence requests from advisors and independent firms conducting due diligence reports
Monitor financial reporting and accounting issues as released by the SEC, FASB and other technical authorities, assessing their potential impact on the firm's financial reporting practices and ensuring compliance
Research accounting literature and apply technical standards and analysis to complex or non-recurring business issues and transactions. Prepare written accounting memos documenting such issues/transactions for review by management and external auditors. Specific areas of interest are ASC 810: Consolidation, ASC 842: Leases, ASC 323: Investments-Equity Method and Joint Ventures and ASC 970, Real Estate
Quarterly, present financial reporting to management for review and approval
Work with the Accounting team on a regular basis to initiate, record, or review key transactions in accordance with U.S. GAAP
Work with external legal counsel, senior management and other internal departments to identify, analyze and provide recommendations on accounting and reporting items that arise
Work closely with the executive management team, external fund administrator & transfer agent, VP of Financial Reporting and VP of Accounting to ensure accurate and timely financial data collection, analysis, and reporting
Collaborate with legal, tax, investor relations and other departments, as necessary, to ensure financial reports, investor statements and disclosures are accurate and aligned with legal and tax requirements
Provide support to investor relations team in maintaining high quality service to investors through answering their questions and providing supporting documentation/performance calculations when appropriate
Identify opportunities to enhance financial reporting processes, increase efficiency, and improve the accuracy of reporting deliverables
Implement best practices and standardized procedures to streamline reporting workflows and reduce potential risks
Participate and lead technology and process improvement initiatives focusing on the MRI general ledger and SEC self-filing software (TBD)
Prepare and present financial reports to the executive team, and other key stakeholders, conveying complex financial information in a clear and concise manner
Participate in investor relations activities, addressing inquiries related to financial reporting and disclosures to ensure reports are disseminated within designated timeframes
Qualification
Required
Experience in financial reporting and compliance with regulatory requirements and Generally Accepted Accounting Principles (GAAP)
Ability to manage relationships with third-party fund administrators and transfer agents
Proficiency in preparing and reviewing financial statements, including balance sheets, income statements, cash flow statements, footnotes, EPS calculation, and Management Discussion and Analysis (MD&A)
Experience with SEC filings (10-Q, 10-K) and other required regulatory disclosures
Knowledge of accounting literature and technical standards, particularly ASC 810, ASC 842, ASC 323, and ASC 970
Strong collaboration skills to work with cross-functional teams, senior leadership, external auditors, and other stakeholders
Ability to present financial reporting to management and key stakeholders
Experience in managing internal and external audit requests and communications
Strong analytical skills to identify opportunities for process improvement in financial reporting
Ability to implement best practices and standardized procedures to enhance financial reporting processes
Company
CIRE Equity
CIRE Equity provides real estate solutions for industrial, retail, multifamily, and healthcare-related properties.
Founded in 2010
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Alexis Volen
Chief Operating Officer
Recent News
2025-10-14
The Real Deal
2025-08-29
Company data provided by crunchbase