Receivables Manager

JOB SUMMARY

The Receivables Manager embraces SoLa’s mission and is passionate about communicating and promoting SoLa’s short and long-term goals. Responsible for managing, collecting and tracking receivables, the Receivables Manager interfaces heavily with Property Managers, Regional Property Managers, 3rd party partners and agencies to ensure overall receivables performance, as well as analyzes KPIs, risk, and outcomes. The Receivables Manager will also work with internal accounting teams to ensure accuracy of books, and work heavily with the Director of Special Operations to strategize future objectives and agendas.

Salary Range: $65,000-$85,000

ABOUT THE COMPANY

SoLa Impact is an award-winning social impact, development, and investment company focused exclusively on creating high-quality affordable housing in low-income, Black and brown communities. Over the last several years, we have raised almost $500 million in equity --- allowing us to deploy well over $1.5 billion – toward addressing the housing crisis in Los Angeles and throughout Southern California. Founded with the belief that smart investment can drive socioeconomic change, SoLa Impact focuses on creating sustainable, dignified living environments that empower residents and uplift neighborhoods. Only five years after starting its first ground-up project, SoLa Impact was recognized as the 16th largest developer in the nation, and the largest developer based in California by the National Multifamily Housing Council. 

As part of SoLa Impact's broader mission to create social and economic opportunities, our innovative co-working and entrepreneurship hub The Beehive serves as a catalyst for change, empowering local entrepreneurs to build sustainable businesses and contribute to the revitalization of their neighborhoods. At SoLa Impact, we believe that socioeconomic advancement is a right, not a privilege, and we are committed to making this vision a reality. Join us and be part of a high-achieving team that not only focuses on building affordable housing, but creating opportunities and hope for a better future.

Requirements

ESSENTIAL DUTIES

• Meet defined department and individual goals, as well as activity metrics;
• Review and assist with receivables activity, including depositing checks, soliciting payment from 3rd party agencies and partners, and interfacing with associated colleagues
• Generate and create reporting and analysis of outstanding receivables, and monitor cash performance on a property, regional and fund level
• Process payments (e.g. ACH, Checks, and Money Orders); Process Housing payments (e.g. HACLA, LACDA, and Brilliant Corners);
• Monitor KPIs for trends and patterns – use reporting to drive strategy, mitigate risk and capitalize on opportunities
• Audit outstanding receivables by source and type, strive to reduce outstanding totals on a monthly and year on year basis
• Comply with Federal and State regulations within area of responsibility;
• Understand and follow organization policies and procedures;
• Complete other tasks and projects as assigned.

EDUCATION & EXPERIENCE

• Minimum 4 years of multi-family property management experience required
• Minimum of 3 years of experience directly handling receivables and collecting rent and outstanding balances
• Preference for candidates who have handled rent rolls in excess of $1MM per month

SKILLS & ABILITIES

• Excellent interpersonal skills; 
• Excellent verbal and written communication skills; 
• Must be detail-oriented; with strong organizational skills;
• Ability to work independently and to adapt to a fast-changing environment;
• Ability to provide a superior level of service, be a positive role model for staff, and demonstrate a high level of commitment to the organization;
• Broad knowledge of collections techniques and negotiation methods;
• Ability to present information in a concise and easily understood manner;
• Ability to exercise discretion and independent judgment;
• Well-developed time management skills with the ability to manage multiple priorities;
• Working knowledge of computers and their applications;
• Working knowledge of Microsoft Office, Yardi and other job specific software preferred;

Benefits

SoLa Impact offers a comprehensive benefits package that includes paid vacation, medical, dental, vision, and life insurance, as well as pet insurance, sick leave, 10 paid holidays, and bereavement days. This package is designed to provide employees with a range of important benefits that help to support their physical and emotional well-being, while also providing financial protection and peace of mind.

At SoLa Impact, we believe work environment, culture, and the opportunity to learn and grow are key elements when considering a new job. We are just the right size to provide the resources and support you need without the bureaucracy of a large corporate environment. We foster a family-friendly and supportive workplace, collaborative and employee-focused with an emphasis on quality, integrity, trust, and accountability. We are looking to bring someone on board as soon as possible. We provide a rewarding and challenging environment. We expect a lot, but give a lot in return. Strongly prefer candidates local to Los Angeles as no relocation assistance will be provided. All qualified candidates will be contacted directly.

SoLa Impact is an Equal Opportunity Employer. SoLa does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.