Director of Real Estate Development

*SUMMARY OF THE ORGANIZATION* LA Family Housing, a leader in homeless services and affordable housing development in Los Angeles, has created a separate and distinct legal non-profit affiliate corporation, LAFHBuilds, to develop, manage and operate long term multi-family real estate assets.
Our growing portfolio of 26+ properties enable access for vulnerable groups to obtain permanent homes.
We take tremendous pride in the emergence of our staff as national leaders in innovation, best practices, and policy within housing production.
From presenting at national conferences to facilitating service collaboration among providers in other regions, we equip our industry to effectively respond to homelessness and ultimately, move more people home, together.
Join the fight to help people transition out of homelessness and poverty, through a continuum of housing enriched with supportive services.
Help make a difference in people’s lives at LAFHBuilds! *SUMMARY OF RESPONSIBILITIES* The Real Estate Accounts Payable (A/P) Supervisor oversees crucial financial functions for both corporate and real estate development entities.
With a keen eye for detail and a commitment to excellence, this role encompasses a diverse array of responsibilities aimed at ensuring the seamless operation of financial processes.
Duties include, but are not limited to, tracking, coding, and posting invoices; reviewing exception queue and routing invoices to the appropriate approvers; maintaining vendor communication and record keeping; producing accurate and current accounts payable reports; preparing construction draws for approval by project managers; cutting checks and sending ACH payments as directed; and assisting the Finance team on A/P and construction draw-related matters as needed.
*SPECIFIC DUTIES* · Ensure timely and accurate posting of all approved vendor invoices on an accrual basis for both corporate and development invoices, totaling 12 or more · Coordinate timely delivery of vendor invoices to the appropriate email or lockbox for scanning · Monitor exception queue and oversee invoice approval process by routing scanned invoices to appropriate approvers · Prepare construction draw schedules in the appropriate format for each lender, confirming completeness and accuracy for project manager review · Collect and review all lien releases from general contractors, assessing adequacy and completion · Submit construction draws and any additional lender forms required and follow up on payment status as necessary · Communicate with lenders and project managers regarding status of construction draws submitted · Compare vendor statements to accounting records and resolve any discrepancies with vendors · Maintain a schedule of regular and monthly payables for corporate expenses, including office expenses and utilities, ensuring all obligations are met and accurately recorded in accounting system · Oversee all check runs and make timely approved payments via check or ACH.
· Provide accounts payable reporting and supporting documentation for cash disbursements as requested internally or by third parties · Supervise credit card expense report process, complying with organizational policies and procedures · Manage the process of annual 1099 reporting · Collaborate with senior leadership to create policies and procedures related to A/P and construction draw process · Assist in maintenance of electronic A/P and related files on the network · Undertake additional tasks, projects and responsibilities as assigned by Senior Director of Real Estate Finance *ACCOUNTABILITY AND REVIEW* Position reports to: Senior Director of Real Estate Finance Performance review: Annual *DIRECT REPORTS* Number of employees receiving work direction: Zero (0) Position titles reporting to position: Zero (0) *MINIMUM QUALIFICATIONS* KNOWLEDGE, SKILLS, AND ABILITIES: · Proficiency in A/P processes using similar ERP systems required; experience with NetSuite or Sage Intacct preferred · Proficient in Excel, with strong data manipulation and analysis skills · Fluent in English with excellent verbal and written communication abilities, coupled with strong organizational skills · Demonstrated ability to manage time effectively, meet deadlines, and work in a team-oriented environment.
· Detailed-orientated with strong interpersonal skills for effective interaction with internal staff and external community partners · Ability to maintain and execute confidential information according to HIPPA standards · CPR/First Aid Certification · Valid California Driver License, insurance in good standing, and availability for occasional travel up to 10% between worksites using a personal vehicle · Ability to work a 9/80 work schedule – Over a two-week period employees work 80 hours.
Week one consists of 9-hour workdays Monday through Thursday and 8 hours on Friday.
Week two consists of 9-hour workdays Monday through Thursday only.
Friday of the second week is a day off.
EDUCATION AND EXPERIENCE: · Associate degree in accounting or a related field; experience in accounting can be substituted for educational requirement · Minimum of five years’ experience, preferably within a not-for-profit or real estate development services organization, including accounts payable experience in a supervisory role *EMPLOYMENT CLASSIFICATION* FLSA STATUS: Exempt PAYROLL STATUS: Salary WORK SCHEDULE: Full-time *PHYSICAL DEMANDS, ENVIRONMENTAL CONDITIONS, EQUIPMENT* The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Employee may be in contact with individuals and families in crisis who may be ill, using substances and/or not attentive to personal health and safety for themselves.
The employee may experience a number of unpleasant sensory demands associated with the client’s use of alcohol and drugs, and the lack of personal care.
The employee must be ready to respond quickly and effectively to many types of situations, including crisis situations and potentially hostile situations Employee is required to: Walk and climb stairs; Handle, finger, grasp and feel objects and equipment; Reach with hands and arms; Communicate, receive and exchange ideas, information by means of the spoken and written word; Be mobile by moving oneself from place to place quickly and easily; Repeat various motions with the wrists, hands and fingers; Be able to have visual activity for (including, but not limited to) administrative and clerical tasks; Drive personal vehicle in and around Los Angeles County and periodically transport clients; Be able to enter various buildings that may require climbing stairs.
Be subjected to outside environmental conditions.
Use a personal and/or laptop computer, copy, postage and fax machines.
Complete all required forms in personal writing.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
If you require an accommodation, please make sure to inform the Human Resources Department by the first week of employment.
If an accommodation is not required at the time of employment, but is later required, you must inform the Human Resources Department of the need for accommodation at the time it is needed.
Job Type: Full-time Pay: $149,000.
00 - $223,000.
00 per year Benefits: * 401(k) * 401(k) matching * Dental insurance * Employee assistance program * Flexible spending account * Health insurance * Health savings account * Life insurance * Paid time off * Retirement plan * Vision insurance Experience level: * 10 years Schedule: * Monday to Friday Ability to Relocate: * North Hollywood, CA 91605: Relocate before starting work (Required) Work Location: In person