Staff Accountant

About Reinvestment Fund:

At Reinvestment Fund (RF), we are dedicated to making a tangible difference in the lives of underserved individuals and communities.  Our mission is to create opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.

As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants, and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.

About the Position:

In this role you will be an active and engaged member of the organization’s Finance and Accounting team and report to an Accounting Supervisor.  Responsibilities will include recording and reconciling daily cash, recording investment activity, doing monthly reconciliation, and other reporting requirements. This role will also serve as a general accountant to help various functions in the accounting department as needed.

Responsibilities:

• Record daily cash into general ledger.
• Ensure daily bank activity imports successfully into the general ledger for bank reconciliation.
• Daily matching and reconciliation of cash and general ledger activity.
• Create and monitor exception reports for unmatched activity.
• Prepare monthly journal entries as assigned.
• Perform bank reconciliation on all bank accounts monthly.
• Record monthly restricted cash reconciliation.
• Record interest earned and bank fees on all bank accounts monthly.
• Record and reconcile monthly investment activity, including interest income, gains/losses, fees, etc.
• Record, analyze, and reconcile various general ledger accounts as assigned.
• Assist with annual audit requests as needed.