27 Senior Associate, Finance Jobs in Santa Monica, CA
SORT BY
F
C
L
L
L
R
N
B
B
B
T
R
B
F
N
N
N
N
B
N
W
B
N
N
N
G
B
Senior Associate, Finance
$131k-167k (estimate)
Full Time
4 Weeks Ago
Lincoln Avenue Communities is Hiring a Senior Associate, Finance Near Santa Monica, CA
The CompanyWelcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 25 states. With a portfolio encompassing 150 properties and 22,000 units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.
The RoleLincoln Avenue Communities is seeking a Sr. Finance Associate to support our financial operations and contribute to its mission-driven initiatives. This is a unique and exciting opportunity to oversee and manage the financials of an assigned portfolio, including budgeting, financial analysis, and audit coordination. A successful candidate will work closely with our internal teams and external partners to ensure accurate and timely financial reporting and supervise all aspects of its financial transactions. This role offers the chance to leverage your accounting and finance expertise to make a meaningful impact in the affordable housing sector.
This role will report to the Manager, Finance, and work closely with other Finance team members.
RequirementsEssential Job Functions
The RoleLincoln Avenue Communities is seeking a Sr. Finance Associate to support our financial operations and contribute to its mission-driven initiatives. This is a unique and exciting opportunity to oversee and manage the financials of an assigned portfolio, including budgeting, financial analysis, and audit coordination. A successful candidate will work closely with our internal teams and external partners to ensure accurate and timely financial reporting and supervise all aspects of its financial transactions. This role offers the chance to leverage your accounting and finance expertise to make a meaningful impact in the affordable housing sector.
This role will report to the Manager, Finance, and work closely with other Finance team members.
RequirementsEssential Job Functions
- Oversee financials for an assigned real estate portfolio, monitoring monthly financials prepared by property management companies, including a budget-to-actual analysis, and completing annual budgets
- Prepare quarterly valuations for all real estate holdings, including calculations of normalized net operating income and discounted cash flow models
- Liaise with property management companies and external accounting firms to ensure accurate reporting, and review and coordinate property-level financial statement audits
- Calculate periodic distributions for real estate entities based on the waterfall terms in their underlying limited partnership agreements and loan documents
- Collaborate within the finance team and cross-functionally to enhance reporting and data that supports optimal operations and success within the portfolio.
- Maintain a quarterly schedule of real estate owned to track DSCRs, LTV ratios, and other metrics requested by lenders
- Prepare calculations of and provide key information on investment transactions, development fees, and asset management fees to Corporate Accounting for use in the quarterly financial statements
- Perform special projects or duties as assigned
- Strong background in financial accounting and US GAAP. Experience with real estate financials is strongly preferred
- Advanced Excel skills are required.
- Knowledge of project management principles and practices, mainly as they apply to financial management projects
- Ability to manage multiple projects and prioritize key deliverables
- Detail oriented, self-motivated, and intellectually curious
- Strong verbal and written communication skills with the ability to interact with all levels of the organization and manage external parties.
- Ability to work independently as well as collaboratively in a growing environment
- A high-level of professionalism and integrity in dealing with confidential issues
- Passionate and aligned with the company's double bottom line mission: generating appropriate returns for investors and managing great, stable communities for our residents
- Bachelor's degree in Business, Accounting, or Finance
- 3-5 years of experience working in the field of finance or accounting
- Highly proficient with Microsoft Office, particularly Excel
- Preferred qualifications include:
- CPA license
- Experience at a "Big 4" public accounting firm
- Background with real estate and partnership accounting
- Audit background strongly preferred
- Experience with low-income housing tax credits and/or investment management is a plus
- Performance-based bonuses
- Full medical, dental, and vision coverage for you and your dependents
- 401(k) plan with employer matching and immediate vesting
- Life and disability insurance
- Generous PTO, holidays, and sick time
- Paid parental leave
- Employee referral incentives
- Fun company and team-building events
- Continuous learning and development opportunities
Job Summary
JOB TYPE
Full Time
SALARY
$131k-167k (estimate)
POST DATE
06/02/2024
EXPIRATION DATE
09/30/2024
Show more
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
