Senior Accountant: Portfolio

The Senior Accountant:
Portfolio is responsible for leading portfolio and investor accounting operations. This role will partner closely with the Finance Director on implementation and ownership of a new loan servicing system. The ideal candidate will bring direct loan servicing experience, strong customer service skills in lending environments, and strong understanding of amortization schedules, present and future value calculations, and related financial inputs.

The Senior Accountant:
Portfolio reports to the Finance Director.

The Senior Accountant:
Portfolio plays a significant role in BII’s finance and accounting function. The primary responsibilities include ownership of portfolio and investor operations, including:

• Generate and distribute monthly portfolio statements and annual note holder statements.
• Prepare and enter portfolio investment transactions in the loan servicing system and ensure that any changes to loan terms are updated regularly.
• Ensure that all portfolio transactions entered in the loan servicing solution are accurately recorded in the general ledger, including preparing amortization schedules, recording funding/payoff transactions, interest capitalizations, interest accruals, interest payments, changes to loan loss reserves, charge-offs, and recoveries.
• Prepare and distribute monthly portfolio company statements and process monthly portfolio payments.
• Partner with the Finance Director to implement and own the new loan servicing system.

• Manage investor/note holder onboarding by supporting the subscription process, generating invoices for capital calls, and correspondence with RIAs and financial institutions, and distributing closing documents.
• Generate and distribute annual note holder statements, and serve as an additional point of contact for note holder questions.
• Prepare and enter note holder transactions in the fund management system.
• Ensure that all note holder transactions entered in the fund management system are accurately recorded in the general ledger, including preparing amortization schedules, recording funding/payoff transactions, interest accrual, and interest payments.

• Support the annual audit process, including preparing schedules and reconciliations as requested.
• Assist with preparation of board and finance committee reporting package.
• Assist with Form 1099-INT preparation.

Other duties as assigned.

We welcome candidates with a range of experiences and perspectives. The strongest candidates will bring:

• Bachelor's degree in Accounting, Finance, or related field.
• 4+ years of relevant accounting, loan servicing, or fund operations experience preferably in a nonprofit, CDFI or Investment firm environment.
• Direct loan servicing experience with strong customer service orientation.
• Experience with Net Suite accounting software required.
• Experience implementing or owning a loan servicing system preferred.
• Strong understanding of full amortization schedules and present/future value calculations and inputs.
• Experience working in a nonprofit, credit union, CDFI, or lending environment preferred.
• Strong attention to detail and organizational skills.
• Excellent communication and interpersonal skills.
• Commitment to social and environmental justice.

BII is an Equal Opportunity Employer. We embrace diverse skills, perspectives, and ideas. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.