Senior Associate, Finance

The Company
Welcome 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 Role
Lincoln 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.
Requirements
Essential 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.
Skills &
Abilities
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
Education &
Experience
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
Benefits
Benefits
The expected base salary for this role is $107,000 - $125,000. This represents the current target 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 candidate’s 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
Equal Employment Opportunity
Lincoln Avenue Capital is an equal-opportunity employer. We prohibit discrimination and harassment of any kind and afford equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. At LAC, we conform to the spirit and the letter of all applicable laws and regulations.