IMPACT Community Capital
IMPACT Community Capital LLC ("IMPACT") is a pioneer of investing for impact. We believe that impact investing has the potential to transform communities and institutional investors have the capital to achieve scale.
Founded in 1998 solely to generate institutional quality, purpose-driven investments, IMPACT has originated $2 billion of investments intended to create transformational change in America's communities. IMPACT has invested in affordable housing, healthcare, childcare and job creation. IMPACT sees these as the building blocks of healthy communities, which are critical to the long-term business success of our investors. But, this change requires scale, so it targets the investors who can create scale - institutional investors - and shows them that investing for impact does not have to be a choice between making returns or making a difference. Originally launched to make investments for a limited number of large institutional investors, IMPACT believes its purpose-built investment platform is perfectly positioned for the growing number of investors seeking high quality investments with the potential to solve intractable social problems. Its energies are now focused on raising outside capital and we believe IMPACT is poised for significant growth.
To learn more about IMPACT, please visit http://impactcapital.net/
IMPACT seeks a Financial Analyst as they look to scale the impact of their work. In collaboration with an outstanding team of colleagues, the Financial Analyst will prepare financial and analytical reports for IMPACT and its owned and / or managed entities. Reporting to the Controller, the Financial Analyst will be an integral member of the Finance and Accounting team.
Responsibilities include but are not limited to:
Financial Reporting and Analysis: Generate and maintain templates for unaudited financial statements, or prepare and present such as required. Generate and prepare cash flow statements and projection analyses on quarterly basis, or as requested.
Accounts Payable (three times quarterly, for position redundancy): Review invoices for mathematical accuracy and supporting documentation. Prepare authorization & code invoices. Enter accounts payable in the accounting system, print checks and process payments or as required, prepare electronic payments. File paid invoices and check stubs.
Investor Funding: Prepare necessary documents requesting funding from investors. Monitor receipt of investor funds. General cash flow management.
Investment Modeling: Generate, update, and maintain financial models for existing and proposed investments.
Investor Remittances: Confirm and analyze deposits received from underlying investments. Assist Director, Accounting & Operations with monthly and quarterly investor remittances. Update and prepare corresponding remittance reports and supporting documentation as requested. Coordinate with third parties as required to produce remittance reports for Impact investments.
Quarterly Investor Reports: Update input model and maintain data for reporting quarterly investment detail to multiple investors for multiple funds.
Past Experience & Professional Qualifications: You have 1-3 years of work experience in a relevant field, including private equity, venture capital, investment banking, consulting, or entrepreneurial ventures.
Quantitative & Analytical: You have exceptional analytical abilities as shown through your work experience and academic accomplishments.
Passion for the Sector: You are passionate about making a difference in the world. Several of these areas excite you—impact investing, technology, entrepreneurship, social innovation, impact measurement, systems thinking, and social justice.
Entrepreneurial: You thrive in entrepreneurial, dynamic environments. You're self-motivated, and comfortable taking on new tasks or projects and adjusting course quickly under tight deadlines. You love learning new things.
Professional: You can prioritize, be organized, communicate effectively, work with attention to detail, and follow through.
Dynamic Communicator: You have strong writing, oral and interpersonal communication skills, and can express ideas with clarity and conciseness.
Career Orientation: Position lends itself to exploring potential interest in a CPA or CFA career track
Fluent in MS Office: You are proficient with Microsoft Word, PowerPoint, and Excel, experience with QuickBooks helpful
Salary and benefits will be competitive and commensurate with experience.
IMPACT believes that the diversity of its workforce is vital to its long-term success. Its employees learn from one another and benefit from working with team that has varying backgrounds, experiences and perspectives. IMPACT is an equal opportunity employer and a great place to work.