JOB POSITION ANNOUNCEMENT:
801 S Grand Ave, Suite 775, Los Angeles, CA 90017
Genesis LA is a nonprofit community loan fund with a mission to deliver financial solutions that advance economic and social opportunities in underserved communities. Founded in 1998 out of the office of former Los Angeles Mayor Richard Riordan, Genesis LA is certified by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI). Since our inception, we have deployed $300 million in capital, which has leveraged over $1 billion in investments into community and economic development projects. These projects created or retained over 5,000 permanent jobs; serve over 46,000 clients a year; house 1,200 families; and provide 2.1 million square feet of goods and services to low-income people. We invest in these projects through two programs. First, our $40 million Genesis Community Investment Fund (GCIF) is used to make flexible loans ranging in size from about $200,000 to $2.5 million. Second, we have received $265 million in New Markets Tax Credit (NMTC) allocation, which leverages other capital and is invested into large real estate projects serving low-income communities. All of our investments must demonstrate both financial viability and tangible community benefits to low-income people.
The Accounting Associate will assist the Controller with a wide range of duties related to revenue and expense processing, loan servicing, reporting and other special projects.
Salary range approximately $23-$25 per hour depending on experience; generous 401K matching; healthcare benefits; annual bonus opportunities.
Interested candidates should forward a resume and cover letter to Jem Dicioco, Controller at email@example.com