Benefits:

401(k) matching

Competitive salary

Dental insurance

Health insurance

Paid time off

Vision insurance

ORGANIZATIONAL OVERVIEW: Genesis LA was created in 1998 with a mission to provide capital and capacity to low-income neighborhoods as a means to facilitate high-impact real estate projects. Our mission is to deliver financial solutions that advance economic and social opportunities in underserved communities. We make loans to a variety of borrowers and projects generally consisting of commercial or small business real estate, community facilities, and affordable housing located in low-income communities or serving low-income individuals in Los Angeles County. Genesis LA is certified by the U.S. Treasury Department as both a Community Development Financial Institution (CDFI) and a Community Development Entity (CDE). Through our $130 million on-balance sheet CDFI loan fund (the Genesis Community Investment Fund), we provide real estate loans to non-profits and developers generally ranging up to $5 million. As a CDE, we have been awarded $535 million of New Markets Tax Credit (NMTC) allocation, which has provided financing for larger scale real estate projects. Genesis LA pairs its lending products with development services to assist potential borrowers by providing additional capacity to ensure projects move forward and can access our capital. Further, Genesis LA operates multiple community development programs and provides intermediary services to third parties, both of which are designed to support community development and drive capital to low-income and underserved communities.

POSITION SUMMARY: The Controller will assist the Director of Finance in overseeing all aspects of the organization’s financial operations including accounting, budgeting, forecasting, financial reporting and compliance. This position is part of Genesis LA’s 16-person team and will report to the Director of Finance and will include frequent collaboration across the organization.

RESPONSIBILITIES:

Oversee day-to-day accounting operations, including accounts payable, accounts receivable, payroll and benefits.

Assist in the development and implementation of the annual budget, cash flow projection and long-term financial forecast.

Analyze financial data, perform month-end closing activities and consolidate financial reports for Genesis LA and related entities.

Assist in the annual audit process and AERIS review, working with auditors and analysts to provide necessary documentation.

Manage CDFI and NMTC loan servicing, administration and compliance reporting in collaboration with other team members across departments.

Ensure proper recording and classification of grant funds, allocation and reporting of program expenses.

Maintain accurate records, including journals, ledgers, receipts, and invoices, ensuring compliance with Generally Accepted Accounting Principles (GAAP).

Implement and monitor internal controls to safeguard assets, prevent fraud and ensure accuracy of financial records.

Provide backup support for other accounting roles as needed and perform other duties necessary to support Genesis LA’s mission.

Support the Director of Finance with supervision of other department staff to successfully complete their job responsibilities.

QUALIFICATIONS:

Bachelor’s degree in accounting, Finance and/or approximately 5-7 years of managerial experience in an office setting.

Strong knowledge of QuickBooks Desktop, intermediate to advanced skills in Microsoft Office Suite (Excel, Power Point, Adobe Acrobat).

Experience in financial services or non-profit CDFI accounting is strongly preferred.

A solid understanding of GAAP and financial reporting.

Excellent organizational, communication and analytical skills.

Must be able to multi-task, work effectively under pressure in a fast-paced environment

Ability to meet assigned deadlines, review and self-check work for accuracy and completeness.

Must be proactive, self-motivated and capable of working independently.

Ability to work effectively with a diverse community.

COMPENSATION: Genesis LA offers a competitive salary commensurate with experience. The expected starting compensation range for this position is $115,000 – $140,000, depending on experience. Genesis LA offers full medical, dental and vision benefits, a 401k retirement plan with generous matching terms, 12 paid holidays and 15 days of paid time off per year.

The position is based at Genesis LA’s corporate offices in Downtown Los Angeles. Genesis LA is primarily an in-person business, with a policy for in-office attendance Monday through Thursday and the option to work from home on Fridays. Management is open to accommodating additional flexibility when needed. Genesis LA also fosters a culture of team building and bonding, with regular social activities.

Interested candidates should forward a resume and cover letter to Jem Dicioco, Director of Finance at JDicioco@genesisla.org.