Job Summary
We are seeking a dynamic and detail-oriented Accounting Manager to lead our accounting team and ensure the accuracy, compliance, and integrity of our financial operations. This pivotal role involves overseeing all aspects of corporate accounting, financial reporting, and regulatory compliance.
The New Mexico Community Development Loan Fund (dba the Loan Fund) is a nonprofit community lender providing loans and lines of credit to small businesses, business startups, and nonprofits throughout New Mexico that typically are unable to obtain financing through traditional lending sources. We live by our mission to provide loans and assistance to improve the economic and social conditions of New Mexicans.
The Accounting Manager (AM) will play an integral role in managing and strengthening the accounting processes, functions and financial operations of The Loan Fund. The AM will provide staff, board members, external clients, institutions and regulatory organizations with up-to-date financial information on the status of fund accounting, loans, grants, and other financial matters pertinent to the success of The Loan Fund and its mission.
Primary functions include assisting with various financial reports and special projects as needed. The qualified candidate will have a strong work ethic and be an energetic self-starter. This role will be responsible for all general accounting functions.
The Accounting Manager will report directly to the Chief Financial Officer and lead a team of two or more as we experience growth.
Specific Responsibilities:
- Ensure high-quality invoicing and collection procedures that comply with organizational procedures.
- Provide accounting assistance when needed throughout the organization.
- Assist Chief Financial Officer with other ad-hoc analyses and reporting.
Accounting Oversight
- Prepare year-end closing entries; Annual audit and 1099 filings; serve as liaison independent auditors to produce an annual financial audit report.
- Lead and process bi-monthly payroll, monthly, quarterly and annual payroll tax reporting.
- Perform month-end and year-end close maintaining the general ledger; journal entries, reconciliations and variance analysis.
- Process all accounts payable, support accounts receivable as needed.
- Recommend updates to accounting policies, procedures, document processes and software.
Financial Leadership
- Develop and track annual income and expenditure budgets.
- Prepare monthly, quarterly, and annual financial statements and reports for senior management, the Board, and external organizations.
- Manage restricted and unrestricted funding.
- Manage SBA reimbursable grant.
- Identify discrepancies, conduct research, and confer with program managers to resolve problems. Participate in the Financial Review Committee composed of the Board, staff, and community members.
- Responsible for the Loan Portfolio, including processing payments, billing, credit reporting, and the loan loss reserve.
- As a supervisor, provide support, training, coaching, corrective action, and evaluation to the accounting staff.
- Conduct other tasks assigned by the supervisor..
Essential Qualifications
- Bachelor’s degree in accounting; 3-6 years’ accounting experience in a nonprofit or financial organization is required.
- Knowledge of GAAP; methodology, prudence, and consistency.
- Technical Proficiencies: QuickBooks, Microsoft Word, PowerPoint, Outlook; Advanced Excel skills and Cloud-based software.
- Demonstrated ability to organize and manage competing priorities; exceptional. analytical, problem solving, written and organizational skills and attention to detail.
- Ability to work and interact with colleagues throughout the organization.
- Proven track record in producing meaningful reports and analytics.
- Detail orientated with ability to consistently meet deadlines.
- Ability to take initiative and drive accounting operations.
- Demonstrated can-do attitude; ability to strive and meet deadlines; maintains a positive work attitude, communicates in a manner conducive to good interpersonal relations, (e.g., helpful, courteous, pleasant) with staff at all levels.
- Passion for the work of The Loan Fund.
Join us as an Accounting Manager to lead our finance team toward excellence.
Pay: From $75,000.00 per year
Benefits:
- 403(b)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
- Work from home
Work Location: In person
