Senior Associate, Fund Finance

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities. Position Description LISC Fund Management (LFM) seeks a highly analytical and detail-oriented professional to serve as Senior Associate, Fund Finance. This role supports financial oversight, reporting, and coordination across LFM’s portfolio of mission-driven investment funds. Reporting to the Director, Finance, the Senior Associate plays a key role in reviewing fund-level financial statements, coordinating with fund managers and accounting partners, and ensuring financial information is accurately incorporated into fund models and internal reporting. The position works closely with LFM’s investment, fund management, and investor relations teams, as well as with external service providers, including Broadstreet Impact Services, which supports fund accounting functions. The Senior Associate helps ensure the integrity of financial reporting across LFM-managed funds by reviewing audited and periodic financial statements, supporting forecasting and budgeting processes, and coordinating reconciliation of financial relationships between funds, the LFM management company, and the parent organization. The role also contributes to financial analysis that informs senior leadership decision-making related to fund performance, cash management, and operational planning. The Senior Associate serves as an important coordination point between internal teams and external partners, ensuring financial information is accurate, timely, and aligned with LFM’s operational and reporting standards. Responsibilities Fund Financial Oversight and Analysis (40%) 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 Management Fee Reporting and Financial Reconciliation (25%) 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 Stakeholder Coordination and Financial Operations (25%) 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 Financial Planning, Budgeting, and Cash Management (10%) 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 Qualifications 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. Compensation LISC offers a competitive salary ($81,184-$101,480) and excellent fringe benefits. *Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Our benefits include: 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. LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances. We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.