Staff Accountant
Staff Accountant
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Description
Advantage Capital is an impact investor dedicated to using the lever of capital access to increase economic mobility lift up underserved communities create quality affordable housing and generate renewable energy. Our core business line has invested $2.5B in nearly 800 small businesses the vast majority in highly distressed urban and rural neighborhoods. The firm has built a strong and successful track record of publicprivate partnerships with state and federal economic development organizations creating over 70000 permanent quality jobs and facilitating the flow of billions of added investment dollars into these communities. Founded in 1992 Advantage employs over 180 people in offices across the country including St. Louis New Orleans New York Austin and Napa.
Advantages Partner Services (ACPS) business line provides advisory services to third parties largely in the area of New Markets Tax Credit finance helping businesses CDEs and investors accomplish their financial and programmatic goals. In addition to assisting with application preparation revolving loan fund management and CDE operational support ACPS helps QALICBs access NMTC financing from outside CDEs through education structuring negotiation and closing. To date ACPS Project consultants have collectively closed over $750 million in NMTC transactions in their careers.
Job Purpose
Provide management with financial information by researching and analyzing accounts and transactions; provide loan servicing for multiple entities; prepare financial statements for internal and external distribution
Responsibilities
Provide loan serving for multiple partners loans including invoicing collection of payments and distributions to investors
Preparation of general ledger entries by maintaining records and files; reconciling accounts and intercompany activity
Support various aspects of the financial cycle including but not limited to working with partners and assisting in various banking transactions
Preparation of GAAP financial statements and related schedules by gathering and analyzing information from company bank accounts and financial projections
Communicate with external partners regarding financial transactions periodic reporting and other issues as necessary
Assist outside accountants with annual audits and tax returns
Skills/ Qualifications
Bachelors degree in Accounting; strong interpersonal oral and written communication skills required; working knowledge of accounting principles; ability to work with multiple priorities meet deadlines and apply strong problem solving techniques; attention to detail; intermediate Excel skills required; Intuit Quickbooks experience a plus; experience with banking or loan servicing a plus; One to three years in a similar role preferred but not required.
#LIONSITE
Required Experience:
Staff IC
Employment Type
Full-Time
