Loan Fund, Assistant Controller

Loan Fund, Assistant Controller

Location:

Columbia, MDTime Type:
Full time

Requisition  is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org Working at Enterprise At Enterprise, you’ll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You’ll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you’re valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.

Job Description Summary Enterprise Community Loan Fund (ECLF) is a certified Community Development Financial Institution (CDFI) and a member of the Enterprise Family of Companies. Enterprise is a national nonprofit that exists to make a good home possible for millions of families without one.

The Assistant Controller is a hands-on individual contributor responsible for the end-to-end accounting and financial management of off-balance sheet funds and management of activities associated with these initiatives. This position is responsible for all fund-level accounting, reporting, budgeting/forecasting and liquidity management activities, operating with a high degree of autonomy under the oversight of the Senior Director, Creative  addition to working closely with internal operations team members within ECLF, this role interfaces regularly with investors, auditors, and other third parties, ensuring accurate financial reporting, compliance with debt agreements, and effective financial management of fund structures.

This position oversees all the loan servicing operations and creates monthly, quarterly, and annual reporting. The position suggests opportunities to improve operational efficiency, including additional automation. The successful candidate will be an enthusiastic, effective member of the Finance team. The ideal candidate is highly analytical, detail-oriented, and comfortable operating independently in a fast-paced environment.

Job Description Responsibilities:

Fund Management & Close Maintain full ownership of accounting for all off-balance sheet loan funds, including recording daily and monthly transactions (cash, accruals, intercompany, etc.), as well as performing monthly, quarterly, and annual close processes

Ensure accuracy, completeness, and timeliness of all financial records in accordance with GAAPMonitor cash positions across various bank accounts and funding needs for operations and lending

Support optimization of capital deployment and liquidity planning

Financial Reporting & Analysis Prepare and deliver monthly and quarterly financial reporting packages that include financial statements, variance analysis vs budget and prior periods, supporting schedules and reconciliations

Develop clear, actionable insights on fund performance, drivers, and risks

With assistance from Senior Director, produce specialized reporting for internal stakeholders, Board materials, and external parties

Investor, Auditor & Stakeholder Interface Serve as a primary finance contact for investors, capital providers, external auditors, as well as internal teams (Capital Management, Asset Management, and Finance)
Working with Capital Management on executing debt draws and repayments

Prepare audit schedules, respond to inquiries, and support annual audit and tax processes

Deliver accurate and timely financial information to meet external stakeholder requirements (including debt covenants)
Budgeting & Forecasting Coordinate the annual budgeting and periodic forecasting processes for all…