Controller, Loan Fund

Background

Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.

Summary

Controller, Loan Fund
Location: Columbia, MD
Time Type: Full time
Requisition ID: REQ2654

Enterprise 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 $72 billion and created 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

The Controller coordinates the operations of the Loan Fund Accounting area of the Finance Department, which provides Enterprise Community Loan Fund’s accounting and finance functions. This position supervises all the loan servicing operations and prepares monthly, quarterly, and annual reporting. The position focuses on exploring opportunities to improve operational efficiency, including additional automation. The successful candidate will be an enthusiastic, effective member of the Finance team. This position requires excellent organizational, analytical, automation, communication, and prioritization skills, and the ability to work well in a fast-paced team environment.

Responsibilities

• Supervise loan servicing accounting, including cash receipts and disbursements processing, month end closing, invoice preparation, and the recoverable grants reporting process.
• Coordinate the design and administration of loans receivable programs, including initial set up, ongoing maintenance, and the preparation of various reports for internal staff and external parties. In addition, participate in the formation and creation of processes for new funds, companies and initiatives, as needed.
• Support the maintenance of loans payable, including coordination with Capital Management as needed.
• Serve as a resource for the loan servicing software and assist with updates, problem resolution, changes, and enhancements.
• Prepare and post various monthly journal entries and corresponding detailed support.
• Prepare the monthly financial reporting package, including a review of actual results for accuracy and explanations of variances to budget. The package includes financial statements, variance analyses, and supporting schedules and is distributed to internal management and staff.
• Prepare various quarterly reports for internal management and external parties. Internal schedules are maintained to review several specific programs. External statements include Board reporting, debt covenant compliance schedules for our lenders, and several other specific formats for outside parties.
• Participate in annual reporting, including preparation of the audited financial statements, additional specific formats for outside parties, and tax filings.
• Drive for efficiencies throughout the Loan Fund Accounting area, embracing technology and looking for ways to automate processes and cross train employees. Maintain up to date documentation of processes and procedures.
• Perform other duties as assigned.

Management/Supervisory Skills:

• Supervise up to 3 employees.
• Incumbent is expected to:
• Manage direct reports’ performance by giving sufficient performance feedback and providing timely and thorough goal setting and reviews.
• Actively encourage development of direct report employees.
• Set team and individual goals and communicate departmental goals so that all employees understand the overall goals of their department and the company.
• Address performance issues constructively and in a timely fashion.

Requirements

Qualifications:

• Bachelor’s degree in accounting or equivalent is required, CPA is preferred.
• 8-10 years accounting experience is preferred, some public accounting experience is a plus.
• 2-4 years supervisory experience is required
• Must be highly motivated, able to work independently and possess strong written and oral communication skills.
• Must possess strong financial, analytical, organizational, and quantitative skills, and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
• Strong automation skills, including proficiency in Microsoft products and accounting applications, expertise in loan servicing software a plus.
• Experience with accounting systems required, experience with Workday a plus.
• Knowledge of generally accepted accounting principles (GAAP) is required.
• Able to work effectively both independently and in team environments.

Physical Demands/Working Conditions:

• Ability to work under stress/pressure.
• Ability to work evening and weekend hours during peak periods

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $125,000 to $135,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company’s 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

Apply Here: https://www.click2apply.net/o1WlglhdWDEjahwlLhyeJm

PI249477377

Compensation and Benefits

$125,00-$135,00

How to Apply

Apply Online: https://www.click2apply.net/o1WlglhdWDEjahwlLhyeJm