What are the responsibilities and job description for the Staff Accountant position at Advantage Capital?
Description
Description
Advantage Capital is an impact investor dedicated to using the lever of capital access to increase economic mobility, lift up underserved communities, create quality affordable housing and generate renewable energy. Our core business line has invested $2.5B in nearly 800 small businesses, the vast majority in highly distressed urban and rural neighborhoods. The firm has built a strong and successful track record of public-private partnerships with state and federal economic development organizations, creating over 70,000 permanent, quality jobs and facilitating the flow of billions of added investment dollars into these communities. Founded in 1992, Advantage employs over 180 people in offices across the country, including St. Louis, New Orleans, New York, Austin and Napa.
Advantage’s Partner Services (ACPS) business line provides advisory services to third parties, largely in the area of New Markets Tax Credit finance, helping businesses, CDEs and investors accomplish their financial and programmatic goals. In addition to assisting with application preparation, revolving loan fund management and CDE operational support, ACPS helps QALICBs access NMTC financing from outside CDEs, through education, structuring, negotiation and closing. To date, ACPS Project consultants have collectively closed over $750 million in NMTC transactions in their careers.
Job Purpose
Provide management with financial information by researching and analyzing accounts and transactions; provide loan servicing for multiple entities; prepare financial statements for internal and external distribution
Responsibilities
Bachelor’s degree in Accounting; strong interpersonal, oral and written communication skills required; working knowledge of accounting principles; ability to work with multiple priorities, meet deadlines, and apply strong problem solving techniques; attention to detail; intermediate Excel skills required; Intuit Quickbooks experience a plus; experience with banking or loan servicing a plus; One to three years in a similar role preferred, but not required.
Description
Advantage Capital is an impact investor dedicated to using the lever of capital access to increase economic mobility, lift up underserved communities, create quality affordable housing and generate renewable energy. Our core business line has invested $2.5B in nearly 800 small businesses, the vast majority in highly distressed urban and rural neighborhoods. The firm has built a strong and successful track record of public-private partnerships with state and federal economic development organizations, creating over 70,000 permanent, quality jobs and facilitating the flow of billions of added investment dollars into these communities. Founded in 1992, Advantage employs over 180 people in offices across the country, including St. Louis, New Orleans, New York, Austin and Napa.
Advantage’s Partner Services (ACPS) business line provides advisory services to third parties, largely in the area of New Markets Tax Credit finance, helping businesses, CDEs and investors accomplish their financial and programmatic goals. In addition to assisting with application preparation, revolving loan fund management and CDE operational support, ACPS helps QALICBs access NMTC financing from outside CDEs, through education, structuring, negotiation and closing. To date, ACPS Project consultants have collectively closed over $750 million in NMTC transactions in their careers.
Job Purpose
Provide management with financial information by researching and analyzing accounts and transactions; provide loan servicing for multiple entities; prepare financial statements for internal and external distribution
Responsibilities
- Provide loan serving for multiple partners’ loans, including invoicing, collection of payments, and distributions to investors
- Preparation of general ledger entries by maintaining records and files; reconciling accounts, and intercompany activity
- Support various aspects of the financial cycle, including, but not limited to, working with partners and assisting in various banking transactions
- Preparation of GAAP financial statements and related schedules by gathering and analyzing information from company bank accounts and financial projections
- Communicate with external partners regarding financial transactions, periodic reporting and other issues as necessary
- Assist outside accountants with annual audits and tax returns
Bachelor’s degree in Accounting; strong interpersonal, oral and written communication skills required; working knowledge of accounting principles; ability to work with multiple priorities, meet deadlines, and apply strong problem solving techniques; attention to detail; intermediate Excel skills required; Intuit Quickbooks experience a plus; experience with banking or loan servicing a plus; One to three years in a similar role preferred, but not required.
