Lincoln Avenue Communities

Compensation

Full Description

The Company Welcome to Lincoln Avenue Communities (LAC)—a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing. As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 32 states. Our growing portfolio—more than 180+ properties and 30,000+ homes—reflects our commitment to long-term impact, operational excellence, and resident well-being. LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance’s 2025 AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience. The Role Our Asset Management team is seeking a Senior Finance Associate to join our collaborative group of professionals dedicated to preserving and developing multifamily affordable housing across the United States. This position plays a key role within Asset Management, supporting our rapid growth by contributing to the financial operations and performance of our investment portfolio. As our business continues to expand, responsibilities will evolve, offering opportunities to take on diverse and meaningful work. The ideal candidate brings a strong foundation in accounting but is ready to broaden their scope beyond a traditional accounting role. We are looking for someone who thrives in an entrepreneurial environment, embraces dynamic challenges, and is energized by our mission to create lasting, positive impact in the communities we serve. This is a hybrid role (3 days in the office) and you will report to the Finance Manager. Essential Job Functions 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. 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. 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. 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. 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. Skills & Abilities 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 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 The expected base salary for this role is $120,000. 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 Communities 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.