Community Development Finance Jobs in California

Description

Who We Are

For more than 40 years, Resources for Community Development (RCD) has been a leading regional nonprofit developer and owner of affordable housing. RCD's mission is to create and preserve affordable housing for people with the fewest options, to build community and enrich lives. RCD fosters strong, inclusive neighborhoods through strategies that address the health, economic development, education, and housing needs of residents across the community.

Since RCD was established in 1984, we have developed or preserved over 75 communities that provide affordable, high-quality, and service-enriched affordable rental housing to over 3,000 low-income households throughout the Bay Area. RCD is actively growing, with more than 1,000 new units of affordable housing in development or under construction. RCD strives for excellence, and we are seeking an outstanding candidate to join our team.

"What I really love about RCD is how much positive impact we have in people's lives just by where we build, how we design, and the services we offer. It's incredibly motivating to open the doors to residents and watch them thrive." -Dan Sawislak, Executive Director 

The Role

The Assistant Controller will have responsibility for a broad range of duties, including corporate and portfolio accounting and support for the overall management and administration of RCD's accounting team. Responsibilities are broadly grouped into three areas: Audit Lead; General Accounting and Management & Administration. The role and responsibilities of the Assistant Controller are integral to the core operations of RCD's business, and the fulfillment of RCD's mission. 

Responsibilities

Audit Lead

• Property Audits
  • Oversee third-party audits of RCD's portfolio affordable housing properties, including:
    • Review financials, troubleshoot issues and provide adjusting entries to property management agent, prepare audit schedules, and resolve auditor questions
    • Review schedules prepared by team members to ensure accuracy prior to auditor submission
  • Support property management agent on accounting questions throughout the year.
• RCD Corporate Audit
  • Review worksheets for properties directly owned by RCD.
  • Review development financials and supporting schedules as needed
• Audit Consolidation
  • Review mid-year conversion to fiscal year worksheets for partnerships.
  • Prepare consolidated audit schedules

General Accounting

Under the direction of the Corporate Controller, directly lead and/or manage the following general accounting responsibilities:

• Provide quality control and support for accounts payable and receivable.
• Prepare interim and unaudited financial statements for RCD corporate and other RCD-controlled corporations and pass-through entities.
• Grant administration and billing
  • Review grant agreements and provide direction on coding and billing
  • Administer grant billing and coordination with resident services and community development for related grants
• Key partner with asset management for quarterly financial review process
• Prepare development financials as assigned

Management & Administration

This is a key role on the Accounting team, supporting the overall management and administration of RCD's accounting team, including:

• Directly manage and supervise the work of RCD and contracted staff, whose primary responsibilities pertain to financial      statements, accounts receivable, accounts payable, bank reconciliations and audits.
• Key participant in driving systems integrations and process improvements
• Review project-specific legal and financing documents to determine profit and loss allocations, fee structures, and other key terms 

Other Duties & Responsibilities

• Other tasks and responsibilities as may be assigned

Requirements

Qualifications & Skill Set

Required

Bachelor's degree in Accounting or relevant field.

8+ years of progressive experience in accounting

Minimum 2 years as an Accounting Manager with direct staff management

Understanding of GAAP accounting standards

Prior experience contributing to financial audits

Strong systems and automation experience

Advanced proficiency in Microsoft Office Suite (Excel, Word, Outlook, Teams)

Excellent verbal and written communication skills, with the ability to explain complex financial concepts to both financial and non-financial audiences

Desired

Familiarity with multi-entity structures and intercompany transactions

Experience with consolidated financial statements

Prior non-profit, affordable housing or government industry experience with federal funding/grants

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

Work Environment

RCD is currently practicing a hybrid work model. Depending on your distance from our main office in Berkeley, you will be expected to work up to two days in the office.

Travel Requirements

The responsibilities of this position will require occasional travel to off-site locations around the San Francisco Bay Area.

Physical Requirements

While performing the duties of the job, the employee is regularly required to sit, speak and hear. Requires frequent use of a keyboard, computer monitor and phone. Must be able to communicate clearly, both verbally and in writing. Must be able to lift up to twenty (20) pounds occasionally. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the job.

Application Procedure & Compensation

Applicants should send a cover letter, resume via Paylocity. Applicants with suitable experience and/or skills will be contacted for interviews. 

RCD offers competitive benefits including: paid vacation and sick leave; health, dental, vision, life and long-term disability insurance; pre-tax flexible spending and commuter plans; and employer contributions to a retirement savings plan.

The salary range for this position is $123,450 to $129,950, based on factors including experience, qualifications, role specialization, and market conditions. Salary placement within this range considers current and past employees' salaries for similar roles, budgetary limits, and market demand.