Senior Manager, Portfolio Financial Operations

About Lincoln Avenue Communities

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.

Lincoln Avenue Communities is seeking a Senior Manager, Portfolio Financial Operations to lead property‑level financial reporting and portfolio analytics across a large, national real estate portfolio. This is a great opportunity for someone who is excited to join a mission‑driven organization and contribute to work that creates meaningful impact through the development and preservation of affordable housing. Our team is seeking a manager with a strong foundation in accounting, audit, financial reporting, and financial analysis who is excited to step into a more strategic real estate finance leadership role.

In this position, you’ll oversee key portfolio reporting processes, review property financials, and partner closely with teams across the business to support thoughtful, data‑informed decision‑making. We’re looking for someone who is analytical, organized, and collaborative—someone who can see both the details and the bigger picture, bring structure to complex processes, and help drive consistency across a growing portfolio. This role also offers the chance to lead and develop a team while helping improve reporting, systems, and workflows that support the business as we continue to scale.

This role is based at our Santa Monica HQ, following a hybrid schedule (3 days in the office).

Leadership & Team Development

• Provide leadership and day‑to‑day management for a team of 8+ professionals responsible for the processes outlined below.
• Establish standardized operating procedures for the team’s core workflows.
• Support talent acquisition, onboarding, and professional development to build a high‑performing team.

Portfolio Financial Reporting

• Oversee the financial reporting process for a portfolio of 180+ real estate assets, including review of monthly financial statements prepared by third‑party property management companies.
• Review and oversee annual property‑level budget preparation in collaboration with property management and development teams.
• Review budget‑to‑actual variance analysis to identify operational trends, risks, and opportunities across the portfolio.
• Review cash flow forecasts to evaluate property performance expectations.

Investment Oversight

• Oversee calculations of surplus cash distributions and partnership waterfalls in accordance with partnership agreements and loan documents.
• Conduct stabilization testing and financial analysis for pre‑stabilized properties to determine eligibility for stabilization under loan and investor requirements.
• Review property‑level semi‑annual normalized NOI analyses that support fair value reporting.
• Aggregate and report financial and operational metrics for critical watchlist properties, including preparing materials and presenting portfolio performance updates to senior leadership.

Investor & Lender Reporting

• Review lender and investor reporting packages across the portfolio.
• Serve as a primary finance contact for lenders, investors, and external stakeholders regarding property‑level financial performance and reporting.
• Collaborate with third‑party property management companies and CPA firms to support annual audit processes.
• Oversee coordination of annual property insurance payments, including monitoring escrow balances and managing…