Position Summary

The Staff Accountant will be responsible for monitoring collections for our ~$3.5B portfolio across multiple legal entities and funds and accounting these transactions in our general ledger. He / she is responsible for checking the bank accounts on a periodic basis and improving the process using system automations. He / she is responsible for processing monthly close journal entries, other account reconciliations and organizing monthly close documentation.

Essential Responsibilities

• Monitoring and recording daily cash activity in Dynamics 365 across all legal entities for operations, custody, collections and other bank accounts.
• Assist in settling and monitoring intercompany cash movements.
• Communicate with internal groups (i.e., Funds’ Team, Revenue, Accounts Payable and Treasury) to track invoice payments.
• Keep monthly wire tracking sheet updated for all cash collections across multiple funds including checking for rate reset against invoices.
• Coordinate with external parties on monthly ACH calculations and collections.
• Liaise with external loan agents and deal team members to investigate the payment discrepancies (if any), confirm interest rates, and update internal amortization schedules.
• Prepare journal entries for upload in Dynamics 365 and submit to Seniors/Managers for approval.
• Perform general ledger account reconciliations, including organizing the supports for the balances.
• Update fundings and other loan activities in internal trackers / proprietary database.
• Perform other month end close activities including preparation of account details and responding to audit requests from external auditors as well as portfolio company audit confirms.
• Assist with cash application in loan system (Sentry) and other ad-hoc projects as needed.

Qualifications

• BS. or B.A. degree required.
• One to two years’ experience in accounting or finance or loan operation positions.
• Professional or significant personal experience using Microsoft Excel to consolidate and analyze data.
• Ability to multitask and thrive in a very fast paced environment, take initiative, and show accountability.

Annual salary: $70,000