POSITION IDENTIFICATION

Title: Accountant

Business Unit: Corporate

Reports to: Controller

Location: On-site in Los Angeles, CA, or Yorba Linda, CA

Date Opened: February 2024

Target Start Date: Immediately

COMPANY DESCRIPTION

Impact Housing is a vertically integrated housing development and production company whose mission is to solve the housing crisis among low- and moderate-income households in Southern California. Impact Housing is headquartered in the Bunker Hill district of downtown Los Angeles, coupled with a 51K SF modular manufacturing facility located in Yorba Linda and a satellite construction office in the Grantville district in San Diego.

Impact Housing closed a $25M Series A round of financing in September 2021 and is currently negotiating a term sheet for a secondary capital expansion round for plant capex and PropCo equity estimated at $70M, expected to close Q1 2024. The organization has a board of advisors comprised of the retired CFO and COO of Clayton Homes (Gross revenues $12B, wholly owned by Berkshire Hathaway).

The mission of providing affordable housing is strongly imprinted into the organization’s culture. The company has a flat structure geared towards rapid growth with its manufacturing facility fully booked out through 2025. The business model stabilizes in 2024 with a goal of delivering 800 modules per year in 2025. Because the organization is innovating a new business model within the real estate industry, the culture has great openness to adopting groundbreaking new approaches supported by large-scale data. Impact Housing’s culture balances the intensity that comes with this kind of entrepreneurial work pace with ample opportunities to bond as a team.

SUMMARY OF POSITION

The Accountant will play a crucial role as a member of Impact Housing’s Accounting team, operating under the guidance of the Controller. In this position, the Accountant will contribute to various projects and oversee coordination among internal teams, subcontractors, and vendors. Specific responsibilities will include:

KEY RESPONSIBILITIES

• Prepare monthly, quarterly, and year‐end financial statements/reporting packages.
• Perform a wide variety of accounting analyses.
• Analyze various transactions and identify appropriate accounting treatment.
• Prepare journal entries and maintain the general ledger.
• Reconcile monthly bank statements to the general ledger.
• Managing accounts payable and accounts receivable functions, including processing invoices and payments
• Maintain good relationships with vendors.
• Assist with the preparation, mailing, and filing of 1099 reports annually.
• Manage expense reports and credit card reconciliation.
• Prepare monthly capital calls and loan draws for various entities.
• Monitor daily cash balances.
• Assist with annual audit.
• Assist with the preparation of annual operating budgets.
• Assist management with special projects and other tasks as assigned.
• Fixed assets review and Accruals

QUALIFICATIONS

• Bachelor’s degree in Accounting, Business Admin, or a related field
• 2 years of related accounting experience
• Real Estate accounting experience is a plus.
• Must have MS Excel and QuickBooks Desktop experience
• Detail and deadline-oriented
• Effective communication skills
• Ability to work independently and as part of a team.
• This position summary is a summary and not a complete representation of the position; the essential function of the position may change as duties are assigned.

PHYSICAL REQUIREMENTS

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift 25 pounds at times.

 COMPENSATION

• Competitive salary range of $30.00 - $40.00 per hour depending on experience.
• Health benefits, Medical Dental, FSA, HSA
• Vacation
• Sick time
• Holiday pay
• Ownership of company equity
• 401K Retirement Plan