<p>THE COMPANY</p> <p>The Low Income Investment Fund is a non-profit Community Development Financial Institution (CDFI) that mobilizes capital and partners to achieve opportunity, equity and wellbeing for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF's headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.</p> <p>REPORTING RELATIONSHIPS:</p> <p>This position reports to the Assistant Controller. However, the Senior Accountant will regularly interact with the VP Controller to ensure accurate financial reporting. The Senior Accountant will also have frequent contact with others in the organization who are a part of the financial reporting and compliance processes.</p> <p>JOB SUMMARY:</p> <p>The Senior Accountant plays a key role in managing the organization's general ledger, compliance reporting, and financial reconciliation processes. This position ensures accurate financial reporting, supports audits, and prepares reconciliations and compliance reports. The Senior Accountant is responsible for month-end close activities, financial compliance with lenders and other assigned duties and special projects. This role requires a high level of attention to detail, strong analytical skills, and the ability to work collaboratively across departments.</p> <p>KEY RESPONSIBILITIES:</p> <p>Accounting & Financial Reporting</p> <ul> <li>Prepare monthly closing entries, including but not limited to interest expense accrual, fixed investment activity, cash receipts and lease transactions. </li><li>Reconcile financial transactions, including but not limited to notes payable, fixed investments and ROU assets accounts. </li><li>Manage lease accounting, including preparing lease schedules and related journal entries. </li><li>Prepare consolidating journal entries for LIIF-controlled entities. </li><li>Ensure adherence to Generally Accepted Accounting Principles (GAAP) for CDFIs. </li><li>Analyze financial statements, identify discrepancies, and prepare adjusting journal entries </li><li>Maintain comprehensive finance records, including journal entries, reconciliations, insurance policies, and vendor documentation. </li><li>Prepare accounting memos as necessary </li></ul> <p>Compliance & Audit Support</p> <ul> <li>Assist in the annual audit process, ensuring all records are audit ready. </li><li>Prepare debt roll forward, audit footnotes, and debt confirmations as part of annual audit. </li><li>Prepare reporting for financial compliance in the Award Management Information System (AMIS), including but not limited to ILR, SF-425, Uses of Award, and Performance Progress Reporting. </li><li>Prepare and submit lender debt compliance reports and ensure adherence to reporting requirements. </li><li>Support regulatory reporting, including IRS Form 990 schedules, annual Federal or State filings for special purpose entities, and other required financial disclosures. </li><li>Manage and file state and county exemption reports related to personal property taxes, sales and use tax, and property taxes for LIIF offices. </li></ul> <p>Treasury and Notes Payable Accounting Responsibilities</p> <ul> <li>Support the implementation and optimization of the Coupa treasury system. </li><li>Utilize Coupa to calculate and track monthly interest accruals. </li><li>Prepare debt and interest payment request wire forms on a scheduled and as-needed basis. </li><li>Ensure interest on restricted funds accurately calculated and reported per funding agreements. </li><li>Serve as the Coupa system expert, providing staff training, reporting, and internal controls oversight.. </li><li>Create and maintain notes payable records through Coupa system. </li></ul> <p>Other Duties:</p> <ul> <li>Prepare financials reports for the Board, Finance, and Audit Committees. </li><li>Present financial data, analysis, and key insights to finance team and cross-functional stakeholders to support strategic decision-making and ensure alignment across departments </li><li>Support ad hoc financial reporting and analysis requests. </li><li>Provide backup support for other accounting roles as needed. </li><li>Identify and implement process automation and efficiency improvements. </li></ul> <p>QUALIFICATIONS:</p> <p>Education & Experience:</p> <ul> <li>Bachelor's degree in accounting, finance, or a related field. </li><li>CPA certification preferred but not required. </li><li>3 -5 years of work experience with accounting systems, preparing journal entries, reconciling accounts and financial reporting. </li><li>Experience in financial services or non-profit/CDFI accounting strongly preferred. </li></ul> <p>Skills & Abilities:</p> <ul> <li>Strong knowledge of GAAP and financial reporting. </li><li>Proficiency in G/L accounting software (MIP Fund Accounting preferred), Word, Excel, Microsoft Outlook </li><li>Excellent organizational, communication, and analytical skills. </li><li>Experience with accounting and treasury software (e.g., Coupa). </li><li>Ability to work effectively under pressure in a fast-paced environment. </li><li>Ability to meet assigned deadlines, review and self-check work for accuracy and completeness. </li><li>Flexible and enthusiastic with the ability to work cooperatively and interact professionally with all levels of employees. </li><li>Must be proactive, self-motivated, and capable of working independently. </li><li>Ability to manage multiple projects and competing priorities effectively. </li></ul> <p>ADDITIONAL INFORMATION:</p> <p>LIIF offers a hybrid work environment with flexibility to balance in-office and remote work. However, all employees are expected to work on-site at least two (2) days per week. The successful candidate may be expected to travel occasionally for meetings or other company sponsored events.</p> <p>All Low Income Investment Fund (LIIF) employees must be fully vaccinated against COVID-19. In accordance with LIIF's policies, we provide reasonable accommodations, absent undue hardship, to qualified individuals who cannot get vaccinated against COVID-19 because of sincerely held religious or</p> <p>medical reasons. If you believe you need an accommodation from the vaccination mandate required by this policy, please notify our Human Resources Department.</p> <p>HOW TO APPLY: Please apply with Resume and Cover Letter via our recruitment portal: Recruitment (adp.com) or via email: careers@liifund.org</p> <p>Notice to Third Party Recruitment Agencies:</p> <p>Please note that Low Income Investment Fund does not accept unsolicited resumes from recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.</p> <p>In the event a recruiter or agency submits a resume or candidate without an agreement Low Income Investment Fund shall explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Low Income Investment Fund.</p> <p>We do not accept unsolicited phone calls. Only candidates being considered for a position will be contacted.</p> <p>LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse background and with diverse experience are strongly encouraged to apply for this position.</p>