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About Us

Lincoln Avenue Capital (LAC) is a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As the fastest-growing developer, investor, and operator of affordable and workforce housing in the country, we provide high-quality, sustainable homes for lower- and moderate-income individuals, seniors, and families nationwide. LAC serves residents across 22 states, with a portfolio of 116 properties comprising of 20,000+ units.

At LAC, our team is our greatest asset. We recognize that our success is directly tied to the dedication, expertise, and passion of our professionals who strive to make a positive impact on the lives of our residents and communities. Our team members work collaboratively to create and implement innovative solutions that bring long-term value to our stakeholders and the communities we serve. We take pride in cultivating a team of top-tier individuals who are committed to excellence, innovation, and results, and we're seeking diverse and talented professionals who share our vision of raising the standards in affordable housing. We invite you to explore opportunities to join our team at LAC!

The Role

We are seeking a Senior Finance Associate to join our team at LAC and contribute to our financial operations. In this role, you will provide essential support to our senior finance team members and CFO in various areas including financial analysis, reporting, and operations. Your responsibilities will encompass financial analysis, budgeting and forecasting, financial reporting, due diligence requests, valuations, cash flow modeling, and ad-hoc projects. Collaboration with our Accounting, Development, and Asset Management teams will be an integral part of your work.

Overall, you will play a critical role in ensuring the financial health, stability, growth, and decision-making processes of LAC. This position is ideal for individuals looking to transition from an accounting-focused role and delve deeper into financial management. You will report to our Director, Finance.

This is a hybrid role working out of our Santa Monica office (2-3 days).

What You'll Do

• 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
• Calculate periodic distributions for real estate entities based on the waterfall terms in their underlying limited partnership agreements and loan documents
• Maintain equity schedules for Class B employee members to track distributions as well as NCI allocations for financial reporting
• Collaborate with other departments (asset management, development, etc.) to oversee the maintenance of our newly created database of various property-level metrics; assist with building out automated reporting functionality using this data
• Maintain quarterly schedule of real estate owned to track DSCRs, LTV ratios, and other metrics requested by lenders
• Assist with due diligence requests from lenders as needed for credit underwriting
• 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
• Design, implement, and continually strengthen key policies, procedures, and controls for the finance team as well as those of the property management companies
• Perform special projects or duties as assigned

Requirements

What You Bring

• Ability to manage multiple projects and prioritize key deliverables
• Detail-oriented, self-motivated, and intellectually curious
• Critical thinking, problem-solving, and analytical skills
• Strong verbal and written communication skills with the ability to interact with all levels of the organization
• Ability to work independently as well as collaboratively in a growing environment
• A high level of professionalism and integrity in dealing with confidential issues
• Aptitude for creating strong internal relationships within LAC. Must be a strong collaborator among peer groups within the company.
• Passionate and aligned with the company's double-bottom-line mission: generating appropriate returns for investors and managing great, stable communities for our residents

Your Education and Experience

• Bachelors 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

• CPA license
• Experience at a "Big 4" public accounting firm
• Background in real estate and partnership accounting
• Experience with low-income housing tax credits and/or investment management is a plus

Benefits

The expected base salary range for the role is $107,000- $125,000. This represents the current range and is subject to change. To determine starting pay we carefully consider a variety of factors, including primary work location and an evaluation of a candidates skills, experience, market demands, and internal parity. Our comprehensive total rewards package offers more than just a salary. Benefits include:

• 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