FINANCE ASSOCIATE

The Position

The Finance Associate is a central part of the Finance team, acting as the processing hub for all incoming funds - including donations, grants, borrower payments, and other revenue streams. The Associate also supports the finance team in managing compliance with GAAP and organizational revenue recognition policies. The Associate also plays a coordination role, working closely with program teams to ensure timely, accurate, and well documented revenue activity.

Reports to:  CONTROLLER                                                                               

FLSA status: NON-EXEMPT

Major Responsibilities/Accountabilities

Revenue Operations & Cash Management

• Serve as the hub for incoming funds by recording donations, grants, borrower payments, and other receipts accurately and on time in the accounting system;
• Partner with Credit Administration, Philanthropy, and program teams to ensure every cash receipt is well documented, properly coded, and ready for reporting;
• Help keep revenue activity running smoothly by supporting borrower payment functions and responding quickly to documentation and receivables needs;

Accounting, Reporting & Close

• Prepare program invoicing and ensure timely distribution to support strong cash flow and partner responsiveness;
• Maintain assigned balance sheet schedules, supporting files, and monthly journal entries with a high level of accuracy and consistency;
• Play an important role in month-end close activities by helping keep records complete, organized, and audit-ready;

Compliance, Audit & Controls

• Support audit preparation by compiling documentation, preparing assigned schedules, and ensuring materials are complete and easy to navigate;
• Promote strong financial stewardship by following internal controls, documentation standards, GAAP, and organizational revenue recognition policies;
• Coordinate accurate recording of donations, pledges, and fundraising activity in partnership with Philanthropy and other internal stakeholders;

Banking Administration & Team Support

• Manage banking administration tasks such as opening and closing accounts, maintaining relationship files, updating signatories, and keeping supporting records current;
• Work with Finance leadership on banking-related projects and administrative needs that help the broader team operate efficiently;
• Strengthen team continuity by cross-training with colleagues and providing backup support for the Staff Accountant when needed;
• Contribute to continuous improvement efforts and take on special projects that advance Finance team goals and organizational impact.

Education and Experience

• Associates Degree in Accounting; Bachelor’s Degree preferred; and
• Five years of accounting experience or equivalent; nonprofit experience preferred.

Qualifications and Characteristics

• Strong attention to detail and deadlines; organized and systematic;
• Demonstrated technology skills, especially in Microsoft Excel and accounting software applications;
• Excellent written and verbal communication skills; proven collaboration skills;
• Excellent analytical skills with an eye toward creating efficiencies and continuous quality improvements; 
• Ability to effect change in collaboration with diverse groups;
• Ability to multi-task efficiently in a fast-paced environment with changing priorities; and
• Ability to maintain confidentiality.

Physical Demands

The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit, talk, and hear. The employee is regularly required to stand, walk, use hand to finger, handle, and reach with hands and arms above shoulder height, stoop, kneel, and crouch. Specific vision abilities required in this job include the ability to adjust focus between near and far.

• Ability to answer telephones and use standard office equipment (copier, fax, etc.);
• Ability to read, write, and understand and speak English clearly;
• Ability to use a computer for Community Loan Fund business;
• Ability to travel as necessary and work some evenings and weekends; and
• Ability to lift at least five pounds.

Employment Details

• Location: Concord, NH and hybrid (in office Tuesday and Wednesday; training will be in person)
• Salary range:  $65,000 t0 $75,000

Work Environment

We are a team of creative thinkers and problem solvers. We love creating new opportunities and solutions for our neighbors to succeed. The work environment characteristics described here are representative of those employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee will be in an environment with a noise

level that is usually moderate.

About New Hampshire Community Loan Fund 

We believe in a Neighbors-Investing-in-Neighbors philosophy. Since 1983, we have provided systematically excluded people and communities with loans, coaching, and guidance that enables them to become economically secure.

From helping people purchase manufactured homes, to strengthening small businesses and nonprofits, and supporting entire towns as they work to secure financing, our services support the security and growth of people and communities. We focus on four areas of community development finance:

• Affordable Homeownership
• Small Businesses & Nonprofits
• Small Towns & Municipalities
• Energy Efficiency Solutions

If the description above is a good fit for your skills, abilities, and interests, we would love to hear from you! Please email us a resume with a cover letter to careers@communityloanfund.org with subject line of “Finance Associate”.

New Hampshire Community Loan Fund adheres to policies, procedures, and regulatory guidelines, including fair lending and ethical behavior. We are an Equal Opportunity Employer. 

Contact information

Mary Clark