Senior Associate, Finance (Real Estate)

Description

• Oversee financials for our real estate portfolio, including completion of annual budgets and review of monthly financials prepared by property management companies, including a budget-to-actual analysis.
• Calculate periodic distributions for real estate entities based on the waterfall terms in their underlying limited partnership agreements and loan documents.
• 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 review and coordinate property-level financial statement audits.
• 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.
• Collaborate with other departments (asset management, development, etc.) to oversee the maintenance of our newly created database of various property-level metrics and assist with building out automated reporting functionality using this data.
• Design, implement, and continually strengthen key policies, procedures, and controls for the finance team as well as those of the property management companies.

Requirements

• 3-5 years of experience working in the field of finance or accounting
• Ability to manage multiple projects and prioritize key deliverables
• Bachelor’s degree in Business, Accounting, or Finance
• Audit background strongly preferred
• Ability to work independently as well as collaboratively in a growing environment
• Strong verbal and written communication skills with the ability to interact with all levels of the organization
• Detail oriented, self-motivated, and intellectually curious
• Critical thinking, problem solving, and analytical skills
• Highly proficient with Microsoft Office, particularly Excel
• Experience at a "Big 4" public accounting firm
• Experience with low-income housing tax credits and/or investment management is a plus
• A high-level of professionalism and integrity in dealing with confidential issues
• Background with real estate and partnership accounting
• CPA license
• Aptitude for creating strong internal relationships within LAC. Must be a strong collaborator among peer groups within the company.

Benefits

• Employee referral incentives
• Continuous learning and development opportunities
• Life and disability insurance
• Fun company and team-building events
• Paid parental leave
• 401(k) plan with employer matching and immediate vesting
• Performance-based bonuses
• Full medical, dental, and vision coverage for you and your dependents
• Generous PTO, holidays, and sick time

Training + Development

Interview process

Visa Sponsorship

Security clearance