Senior Associate, Corporate Finance

About Us

Social Finance is a national nonprofit and a registered investment advisor (SF Advisors, LLC). We work with the public, private, and social sectors to create partnerships and investments that measurably improve lives. Since our founding in 2011, we have mobilized over $400 million in new investments designed to help people and communities realize improved outcomes in workforce and economic mobility, health, and housing.

We are driven by the belief that social and economic systems should enable all people to thrive, and the conviction that we can create the most meaningful and measurable change in our communities when governments and markets work together. Our organization is built upon five core values: people, performance, integrity, collaboration, and inclusion.

Our work spans four areas: Impact-first Investing, Workforce and Education Investments, Advisory & Public Sector Practice, and the Social Finance Institute. Our Impact-first Investment team designs, launches, and manages investments that provide solutions for effectively deploying impact capital across a range of social outcomes. Our Workforce and Education Investments team designs, launches and manages financial solutions focused on addressing workforce challenges, including skills acquisition and training access. Our Advisory team partners with government and philanthropy leaders to implement data-driven programs for advancing social impact. And through the Social Finance Institute, we aim to build the field and change systems through actionable research, communities of practice, and educational outreach. 

The Opportunity 

Social Finance seeks a Senior Accountant to partner with our finance team on all accounts payable, accounts receivable, cash management, revenue recognition, consolidation accounting, financial reporting, budgeting and other associated corporate finance & accounting tasks.  This position is ideal for candidates who want to apply their accounting and finance expertise in a mission-based setting, focused on innovation and impact.   

Responsibilities  

Reporting to multiple members of the Finance team, the Senior Accountant is responsible for supporting the recording and reconciliation of accounting data for Social Finance.  This position will be a critical part of a small finance team and will be an ideal opportunity for an individual who thrives on being strategic and forward-looking, while also shrewdly focused on managing the details and ensuring the highest quality of work.  Responsibilities will include: 

Recording and reconciling all accounting data 

• Accounts Receivable – prepare and send all Social Finance invoices, on a monthly and ad hoc basis; reconcile accounts receivable monthly and follow-up on past due items
• Month end close – assist in completing month end close procedures including:
• Prepare month end reconciliation schedules for balance sheet accounts  
• Prepare standard journal entries
• Review and analyze expense and revenue transactions
• Accounts Payable – oversee aspects of the A/P and expense reporting process, including appropriate posting to the GL and implementing authorization protocols
• Assist the Controller with preparation of the organizational operating budget, budget to actual reporting, and recurring management reporting
• Other month end close work as needed 

Qualifications 

Social Finance is seeking a dynamic individual with strong interpersonal and problem-solving skills to join its finance team. Qualifications and requirements include:  

• Accounting, business or related bachelor’s degree
• At least 3+ years of related accounting work experience, inclusive of significant AP/AR and cash reconciliation experience
• Understanding of U.S. GAAP and internal controls
• Proficiency with Sage Intacct or a related accounting software a plus
• Proficiency with Expensify and/or Bill.com or any similar expense reporting or invoice management tool is a plus
• Non-profit or consulting accounting experience (either via employment or via supporting relevant clients while at a public accounting firm) is a plus
• Proficiency with MS Word and Excel
• Solid analytical and technical skills, as well as oral and written communication skills
• Ability to operate in an unstructured but demanding environment, and demonstrable track record of high performance; high level of independence and motivation 
• Ability to work within deadlines and to work independently with minimal supervision
• Ability to handle complex and confidential information with discretion 

Benefits 

At Social Finance, we strive to deliver a benefits program that will enhance our overall value proposition to employees. Our current benefit offerings include:  

• Comprehensive health care coverage: medical, dental and vision insurance; flexible spending accounts; Employee Healthy Actions programs and more 
• Retirement savings plan with employer contribution  
• Short-term, long-term and life insurance policies  
• Commuter benefits and cell phone reimbursements  
• Hybrid work model (in-office a minimum of two days per week and on an ad hoc basis as needed)  
• Dedicated budgets for team building and employee recognition  
• Annual budget for external professional development opportunities  
• Mentorship and onboarding programs  
• Collaborative and energizing workspace in downtown Boston, MA; New York, NY; San Francisco, CA; Washington, D.C. and Austin, TX.  
• Paid vacation and paid holidays (with 12/24-1/1 off every year)  
• Paid parental leave  
• A truly stellar team of high performing, values-driven and fun (!) professionals 

Salary

Social Finance uses a lockstep compensation model for purposes of equity and transparency - we strive for everyone coming in at a given level to be paid equitably. For this position, the starting base salary is $98,000, however, during the interview process, we will take into account a candidate's full work experience and may adjust the job title, and commensurate starting salary, as appropriate. At this level, employees typically receive a $2,500 salary increase annually and are eligible to participate in our firmwide annual bonus program. Bonuses are typically between 5-10%, though bonuses are not guaranteed and are dependent on both organizational and individual performance.    

Review of applications will begin immediately. No phone calls, please. 

Applicants must be permanently authorized to work in the United States on a full-time basis. 

Please note that, at this time, to be in-person at a Social Finance office, client location or Social Finance-sponsored event, you must be fully vaccinated against COVID-19, including receiving a booster shot.

Social Finance, Inc. is an equal opportunity employer, and all qualified applicants will be afforded equal employment opportunities without discrimination because of actual or perceived race, color, national origin, sex, age, religion, creed, disability, marital status, citizenship, ancestry, personal appearance, sexual orientation, gender identity or expression, political affiliation, military status, status as a protected veteran, genetic information or any other legally protected status.

Social Finance is committed to providing an accessible and supportive work environment to ensure individuals are able to contribute at their best. We will discuss and provide reasonable accommodations to those in the recruiting process who need them.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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