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Form of workAbout Reinvestment Fund Headquartered in Philadelphia, Reinvestment Fund operates nationally with regional offices in Baltimore, MD, and Atlanta, GA. Reinvestment Fund is a national mission-driven financial institution that creates 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. Work Location: Reinvestment Fund has three offices located in Philadelphia, Baltimore, and Atlanta and provides a flexible work arrangement of two days onsite and three days remote allowing for face-to-face interactions. Depending on the nature of the job, a more flexible work schedule may be considered.
About the Position: In this role you will be an active engaged member of the Organizations Finance and Accounting team and reports 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 need.
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 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
