Loan Fund, Assistant Controller

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 $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

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 GAAP
• Monitor 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 assigned funds
• Partner with business leads to develop assumptions and scenario analyses
• Continuously monitor actuals vs. forecast and update/communicate projections accordingly
• Participate in the design, modeling, and closing, of new potential off balance sheet initiatives

Additional Responsibilities:

• Support and enhance loan servicing and accounting systems, including identifying and implementing process improvements and automation (work directly on new Loan Servicing System implementation)
• Contribute to continuous improvement of finance operations and reporting
• Participate in cross-functional initiatives related to fund management and financial strategy
• Maintain strong internal controls and up-to-date documentation of processes and procedures

Qualifications and Skills:

General:

• Bachelor’s degree in accounting or equivalent is required, CPA is a plus.
• 5-7 years accounting experience is required, some public accounting experience is a plus.

• 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.
• Must demonstrate strong ethics and professionalism in interpersonal relations and work as an effective team member.

Specific:

• 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 and/or Adaptive is a plus.
• Knowledge of Generally Accepted Accounting Principles (GAAP) is required.
• Able to work effectively both independently and in team environments.

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