Skid Row Housing Trust (the “Trust”) is a nationally recognized nonprofit corporation that produces, preserves, and operates supportive housing in and around downtown Los Angeles. The Trust serves the poorest and most vulnerable people in Los Angeles, including homeless individuals and those who may become homeless. Our VISION is that all residents of downtown Los Angeles have a home that is affordable and safe.
The Trust develops, manages and operates affordable homes for the homeless in the Los Angeles area. The Trust is a 501(c)(3) nonprofit organization that owns and operates 26 properties and is developing two properties that will be in operation in the next two years. Most of the properties receive subsidies under the Section 8 program through the Housing Authority of the City of Los Angeles.
GENERAL DESCRIPTION
Under the direction of the Chief Financial Officer, the Director of Finance and Accounting (DFA) plans, directs, coordinates and manages the financial reporting, cash management, accounts payable, revenue collection, housing development project accounting, and grants management functions. The DFA plans, organizes and manages the Company’s fiscal and accounting activities consistent with generally accepted accounting principles and standard business practices, in sufficient detail to produce adequate cost, financial, and statistical data for management purposes. The DFA develops and implements sound financial management procedures, and supervises a staff of five accounting professionals.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Finance:
Under supervision of CFO, oversee budgeting, financial forecasting, and cash flow projections to ensure availability of funds for programs and general operations.
Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and board of directors; oversee the preparation and communication of monthly and annual financial statements.
Maintain financial records for non-profit corporate entities and affiliated limited partnerships.
Manage development and ongoing monitoring of the organization’s budgets (operating and capital) and recommend amendments as necessary. Assist program staff in preparation of budgets and invoices for funded positions.
Oversee financing strategies and activities, as well as banking relationships.
Collaborate with Executive Director, CFO, Director of Asset Management, and Director of Property Management to ensure stability of residential property portfolio, and provide oversight of properties in accordance with budgets, goals and standards.
Participate on the Executive Leadership Team to plan for the long term financial stability of the organization
Accounting:
Oversee the accounting department to ensure proper maintenance of all accounting systems and functions; hire, train, coach, supervise and evaluate accounting department staff.
Ensure maintenance of appropriate internal controls and financial policies and procedures; continuously develop and improve systems.
Coordinate audits; ensure proper filing of tax returns and timely follow-up on audit findings.
Ensure legal and regulatory compliance regarding all financial functions.
Apply Real Estate Accounting practices to support the organizations property development activities.
Carry out other duties as required furthering the organization’s strategic goals and mission.
EDUCATION & EXPERIENCE
Bachelor’s degree and a minimum of five (5) years’ experience in real estate development or non-profit accounting; MBA or CPA preferred; hands on experience and supervision of accounts payable, receivable, payroll, cost accounting, cost allocation principles, general ledger and financial reporting; hands-on experience in maintaining related multiple general ledgers, limited partnerships, limited liability single member corporations; experience preparing and presenting full accrual GAAP combined financial statements and required footnote disclosures; experience in responding and working with multiple external financial auditors, preparing and submitting all required account analysis, audit schedules and variance analysis on a timely basis; hands-on knowledge of “YARDI” real estate investment management and property management financial system general ledger software highly desired.
Salary is commensurate with qualifications and experience. Benefits include paid holidays, paid sick leave and vacation time, company-paid health, dental & vision, and life insurance. Voluntary benefits include: 403(b) plan, and additional life insurance plans.
Send cover letter and resume to: e-mail: jobs@skidrow.org
Skid Row Housing Trust is an equal-opportunity employer,
Women and Minorities are encouraged to apply.