Partners for the Common Good (“Partners”) is a national community development finance organization that operates a family of nonprofit companies with a common mission to advance economic justice and racial equity by partnering with and strengthening mission focused to bring capital, create opportunity, and build wealth for low-income people and communities.
Founded in 2000, Partners’ created the CDFI industry’s first wholesale loan participation network that today has partnered with 50+ CDFIs in Washington, DC and 38 states, currently originates $18-20 million in participation transactions annually, and currently has an outstanding portfolio of nearly $50 million. Partners also manages $50 million Economic Justice Partnership Fund (EJPF), an innovative off-balance sheet facility to expand Partners’ product offerings to the CDFI community, participates as a community development entity (CDE) allocating New Markets Tax Credits (NMTC) and provides contract servicing, monitoring, and advisory services for impact-focused external portfolios.
Our work is pioneering in its creation of new tools and infrastructure for community development finance organizations to manage portfolios and grow their scale and impact.
Partners’ office and the position is located in Washington DC.
The Staff Accountant is part of a team of four and reports directly to the Controller and Director of Operations. The position is responsible for assisting the Controller and Director of Operations with the financial management and general administration functions of the office. Position is full-time.
• Manage the entry of all transactions into the accounting system (Abila MIP Fund Accounting) • Process vendor invoices, bills and employee expense reports
• Process investor payments and interest payments on investor CDNs
• Process accounts receivable invoices
• Prepare borrower check and wire payments for entry into the Portfol loan servicing software by the Lending and Compliance Associate
• Verify borrower check and wire payments in the Abila MIP Fund Accounting system
• Process other bank deposits
• Maintain records on all financial transactions
• Maintain portfolio reconciliations of the loans outstanding and loan loss reserve
• Assist in preparation of documentation and materials for annual audit
• Assist in coordination of day-to-day office administrative functions
• Support Chief Financial Officer and Controller and Director of Operations on special projects
• Other tasks as required
• Bachelor’s Degree in Business, Accounting, Finance, or related field. Accounting degree preferred.
• Three (3) years of experience in accounting or financial services. Experience in the CDFI industry, banking, or real estate development related to accounting or lending functions is a strong plus. • Must possess excellent analytical and problem solving skills.
• Must be a self-starter with keen attention to detail.
• Strong organizational skills and ability to multi-task and meet deadlines.
• Must possess strong proficiency in Microsoft Office products in particular Excel.
• Familiarity with non-profit accounting, generally accepted accounting principles, and accounting systems preferred, but not required. Experience with Abila MIP Fund Accounting Software is a plus.
• Willingness to work from Partners’ physical office for up to three days each week. This is not a fully remote position.
This position is perfect for someone with 3+ years of accounting experience. An Accounting degree is preferred, but not required. The position requires an interest in accounting, bookkeeping, and office administration. It also requires an individual who can manage multiple tasks at a time, pays attention to detail and can meet deadlines. Independence, interpersonal skills and flexibility are a plus. Basic computer and research skills along with knowledge of MS Office (Excel, Word, PowerPoint). Familiarity with contact management databases, such as Salesforce, is a plus. Familiarity with non-profit accounting, generally accepted accounting principles, and accounting systems preferred, but not required.
PCG acknowledges and honors the fundamental value and dignity of all individuals. Our community strives to create and maintain a working environment that respects diverse traditions, heritages, and experiences. We are an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Competitive salary commensurate with experience. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (employer matching and profit sharing); paid vacation, sick leave days, and holidays. Partners is an equal opportunity employer.
For more information about the organization, and to apply please fill out the form below.