Meanwhile, in a medium sized bowl, combine the ricotta cheese, chocolate chips, 1/4 cup granulated sugar, the vanilla, and cinnamon; mix well, then cover and chill. In a small bowl, combine the rum, water and the remaining 2 tablespoons granulated sugar; mix, then set aside.
Place 1 cake layer on a serving platter and drizzle with the rum mixture. Cover with the ricotta cheese mixture and top with the second layer.
In a medium sized bowl, with an electric mixer on high speed, beat the heavy cream and confectioners' sugar until stiff peaks form. Frost the top and sides of the cake with the whipped cream and sprinkle the top and sides with the toasted almonds. Cover loosely and chill for at least 2 hours before serving.
*Note: To toast the almonds place them on a rimmed baking sheet in a single layer and bake in a preheated oven at 350 ° for 1 to 2 minutes, just until golden. They toast VERY quickly, so watch them carefully to avoid burning!
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