Senior Associate, Impact Finance Operations

Boston, MA, DC, or Austin, TX

Our client, a national impact finance and advisory nonprofit is looking to hire a Senior Associate.

Reporting to the Controller, this position will be required to manage the day-to-day accounting, financial and operational management of the portfolio of impact investing subsidiaries and affiliates.

Responsibilities

This position will be required to manage the day-to-day accounting, financial and operational management of the portfolio of impact investing subsidiaries and affiliates. Representative responsibilities may include:

• Conduct transaction execution, cash reconciliations, month and quarter end reporting.
• Quarter end close – support completion of the quarter-end close procedures including:
  • Review quarter-end balance sheet reconciliation schedules for balance sheet accounts
  • Review quarterly financial statements
  • Prepare quarter-end financial reports and analyses
  • Prepare investor capital account statements
  • Assist in managing the review of investor tax reporting (Limited Partner K1s and Form 1099 Int)
• Oversee and act as the main point of contact for third party administrators:
  • Direct custodian and fund administrators in their management of the trial balance and financial reporting; act as the main point of contact for new entity setup.
  • Manage the audit deliverable timelines and the requests for audit support
  • Supervise the semi-annual valuation of Level 3 securities by a valuation consultant and the fair value pricing models
• Support Impact Investing project teams in development and management of impact investing entities.
• Report on ongoing operations of impact investing entities; manage any issues, responses and follow ups.
• Support the Impact Investing treasury function through overseeing capital calls and calculation of investor distribution amounts
• Support the Investor Relations function through distribution of quarterly reporting to all funders; responding to investor follow-up inquiries; and investor close support (review subscription agreements, calculate capital call and expense equalizations).
• Support management of stand-alone audits
• Liaise with Impact Investing project teams to maintain liquidity forecasts.

Finance Team Support:

• Assist the Corporate Accounting Team with interrelated impact investing finance work as needed
• Document accounting processes and procedures to demonstrate GAAP compliance.
• Participate as active team member in growing Finance Team to achieve all finance department goals.
• Participate in specific impact investing projects as needed
• Support execution of internal controls and provide ongoing input to improve processes and create greater efficiencies.

Qualifications

• Required experience:
  • Accounting, Finance or related Business Management degree or equivalent
  • 4 plus years of experience in audit (focused on financial services clients), corporate or investment management accounting
  • Strong understanding of U.S. GAAP and internal controls
• Preferred experience:
  • Advanced accounting degree (CPA or MSA)
  • Tax reporting experience with K1 filings
  • Fund management/accounting experience with alternative investments/hedge funds
• Strong Microsoft Word and Excel skills.
• Strong analytical and technical skills, as well as oral and written communication skills
• Ability to operate in a demanding environment while demonstrating a track record of high performance; high level of independence and motivation
• Proactive individual with an excellent ability to meet deadlines and to work independently with minimal supervision
• Ability to handle complex and confidential information with discretion
• Ability to adapt and be flexible
• Commitment to enhancing a team culture of inclusion, belonging and equity
• Vaccinated against Covid 19, including receiving booster shots.
• The following is not required, but would be considered as a plus for your candidacy:

Experience with Sage Intacct accounting software or similar

98,000 plus bonus and yearly annual salary adjustment $2500

APPLY HERE