Los Angeles County Affordable Housing Solutions Agency · 11 hours ago
Senior Financial Analyst
Los Angeles, CA
Full-time
Hybrid
Mid, Senior Level
$87K/yr - $127K/yr
3+ years expThe Los Angeles County Affordable Housing Solutions Agency (LACAHSA) is a new agency focused on addressing affordable housing challenges in L.A. County. The Senior Financial Analyst will lead the underwriting and financial analysis of affordable housing transactions, ensuring that public resources are used effectively to support housing stability and affordability for Angelenos.
GovernmentHomeless ShelterNon Profit
Responsibilities
Independently underwrite acquisition, construction, and permanent loan transactions for multifamily affordable housing. Analyze sources and uses, cash flow, debt service coverage, reserves, and exit scenarios
Prepare accurate financial statement spreads and conduct quarterly and year-over-year trend analysis
Evaluate financial performance, operating metrics, and asset risk profiles
Identify key risks, sensitivities, and policy considerations, and recommend appropriate mitigants. Apply sound judgment to support informed investment and approval decisions
Partner effectively with senior leadership, Loan Closers, and internal/external stakeholders. Communicate complex financial findings clearly to support efficient deal execution
Deliver timely, high-quality underwriting and financial analyses
Provide actionable financial insights to support senior leadership and strategic investment objectives
Qualification
Required
Bachelor's degree in finance, accounting, economics, or a closely related field
Minimum of three (3) years of professional experience underwriting and evaluating multifamily affordable housing transactions
Experience performing financial analysis for multifamily affordable housing transactions
High attention to detail, sound judgment, and the ability to manage multiple priorities with minimal supervision
Experience reviewing and analyzing annual financial statements and auditing financial reports for multifamily or real estate-related entities
Ability to interpret audit findings, identify material variances or issues, and assess implications for credit and underwriting decisions
Advanced Excel skills, including complex formulas, financial modeling, cash flow analysis, and sensitivity analysis
Strong written/ verbal communication skills, including experience preparing clear and well-supported underwriting or credit analyses
Preferred
Experience underwriting transactions for a public-sector, mission-driven, or government-affiliated lender
Familiarity with layered affordable housing capital structures and subsidy programs
Background in working with NOFAs, loan committees, or formal credit approval processes
Proficient in reviewing audits prepared in accordance with GAAP and/or government or nonprofit accounting standards
Familiarity with single-asset entity audits, management letters, and internal control observations
Expertise in reviewing third-party reports, including appraisals, market studies, and environmental reports
Prior experience working closely with senior leadership on investment or credit decisions
Knowledge of Los Angeles County or California affordable housing markets and programs
Benefits
Great PPO health insurance options, and we will cover 100% of your premiums for Medical, Dental & Vision
Fully paid Life and AD&D insurance coverage
Employee Assistance Program (EAP)
Generous retirement benefit where we match employee contributions dollar-for-dollar, up to 5% of the employee’s salary, with immediate vesting
Paid time off, including 14 holidays, two weeks of sick leave, and two weeks of accruable vacation for new, full-time employees in their first year
Company
Los Angeles County Affordable Housing Solutions Agency
Los Angeles County Affordable Housing Solutions Agency is a government organization that offers affordable housing for homeless people.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase