[Remote] Senior Associate, Fund Finance

Note: The job is a remote job and is open to candidates in USA. Local Initiatives Support Corporation (LISC) is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. They are seeking a Senior Associate, Fund Finance to support financial oversight and reporting across LFM’s portfolio of mission-driven investment funds, ensuring accurate financial information and coordination between internal teams and external partners.

Responsibilities

• Review audited financial statements for all LFM-managed funds to ensure accuracy, consistency, and alignment with fund financial models
• Review periodic financial statements prepared by Broadstreet Impact Services (BIS) for LFM-managed funds
• Analyze fund-level financial performance and identify material variances or issues requiring escalation
• Coordinate with Fund Managers to ensure fund financial statements are accurately incorporated into fund-level models and performance reporting
• Elevate significant financial developments, risks, or changes to senior leadership for review and decision-making
• Coordinate reporting on management fees across all LFM-managed funds
• Reconcile “due to/from” balances between funds, the LFM management company, and the parent organization
• Ensure accurate tracking of fund-level financial obligations and management company revenue streams
• Support preparation of internal financial reports for the Finance and Operations leadership team
• Serve as the primary coordination point between LFM, Broadstreet Impact Services, and internal finance teams regarding fund financial reporting and operational finance matters
• Manage ongoing working relationships with fund managers, accounting partners, and internal stakeholders to ensure timely and accurate financial reporting
• Support investor relations activities by assisting with financial data, analysis, and reporting requests
• Coordinate financial information and reporting needs across LFM leadership, the parent organization, and shared services teams
• Support forecasting and budgeting processes across LFM-managed funds
• Provide historical financial analysis and actuals-based insights to inform forecasting and budgeting activities led by Fund Management
• Ensure consistency between reported financial results and inputs used in internal planning and reporting processes
• Provide financial insights to support fund performance monitoring and planning decisions

Skills

• Bachelor's degree in Finance, Accounting, Economics, Business Administration or relevant requisite experience
• Minimum 5–7 years of experience in finance, fund accounting, investment operations, or financial reporting, preferably within asset management, private equity, real estate funds, or impact investment platforms
• Experience reviewing or preparing financial statements for investment funds, including familiarity with audited financials and fund accounting practices
• Strong understanding of financial reporting, forecasting, budgeting, and financial analysis concepts
• Experience coordinating with third-party accounting providers, fund administrators, or financial service partners
• Advanced proficiency in Microsoft Excel, including experience working with financial models and complex financial datasets
• Strong attention to detail and ability to identify inconsistencies or risks within financial reporting
• Demonstrated ability to manage multiple priorities and coordinate workstreams across internal teams and external partners
• Strong stakeholder management and communication skills, including the ability to present financial insights clearly to senior leadership
• Experience supporting investor reporting or investor relations activities preferred
• Familiarity with financial systems used in fund management environments (e.g., fund accounting platforms, financial reporting systems) preferred
• Demonstrated interest in community development finance or impact investing and commitment to LISC's mission

Benefits

• Medical, Dental, Vision Coverage: Comprehensive health plans for you and your family's well-being
• Disability Insurance: Long-term and short-term coverage for peace of mind
• Retirement Savings: Secure your future with our 401(k) and 403(b) plans
• Generous Holidays: Enjoy ample time off to recharge and celebrate
• Vacation, PTO, and Sick Days: Take advantage of flexible time-off policies to maintain work-life balance
• Tuition Assistance: Pursue your educational goals with support from our tuition assistance program
• Referral Program: Earn rewards for referring qualified candidates to join our team
• Professional Development Opportunities: Grow and advance in your career with access to ongoing training and development programs tailored to your goals

Company Overview