Associate, Investment Finance & Operations

The Opportunity 

The Associate, Investment Finance & Operations role is ideal for candidates who want to apply strong analytical skills in a mission‑driven environment. It suits individuals who value innovation and impact, think strategically, and maintain a forward‑looking approach while managing details with precision and delivering high‑quality work. 

Responsibilities  

Reporting to the Director, Investment Finance & Operations, the Associate, Investment Finance & Operations is responsible for overseeing the ongoing management, operations and reporting related to our Impact Investment Finance portfolio of investment entities.  The position will be a critical part of a small impact finance team, with substantial opportunity for growth and learning in a dynamic, mission-driven setting. The Associate will also support multiple Impact Investments project teams in the early development, launch and management of impact investment entities.  

Impact Investing Operations 

• Month end and Quarter end close – supporting the completion of impact investment funds’ financial close procedures including:
  • Reconciling investment activity, including identifying and correcting trade breaks
  • Partnering with Fund Administrators to prepare financial statements for review  
  • Reporting on investment performance and producing ad hoc Management reports (e.g., Level III valuation analyses) 
• Supporting the treasury function by acting as the main point of contact for banking financial institutions, overseeing capital calls, investment purchases, vendor invoice payments and calculations of investor distributions
• Working cross-functionally with Legal and Investment Teams to design, launch, and provide ongoing management for impact investment entities throughout their lifecycle
• Supporting the management of stand-alone audits at year end including creating timelines, coordinating deliverables, and fulfilling audit requests
• Assisting the Investor Relations function through distribution of quarterly reporting to all funders; responding to investor follow-up inquiries; and investor close support 

Finance Team Support 

• Assist the Corporate Finance Team with interrelated impact investing finance work as needed
• Document accounting processes and procedures to demonstrate GAAP compliance
• Actively contribute to the growth of the Finance Team and support the achievement of all departmental goals
• Support the execution of internal controls and provide ongoing input to enhance processes and increase efficiency
• Provide support for impact investing projects as needed 

Qualifications 

Social Finance is seeking a dynamic entry-level individual with strong interpersonal and problem-solving skills to join its growing fund accounting team. 

• A minimum of 1 year of professional experience in a role requiring financial analysis, whether in finance, accounting, FP&A or similar
• Strong analytical and technical skills, as well as oral and written communication skills
• Strong Microsoft Word and Excel skills
• Meticulous attention to detail and exceptional organizational skills
• Demonstrated ability to identify and synthesize connections across impact investing funds and associated workstreams
• Excitement to learn about outcome-based loan products and participate in new product launches
• Ability to excel in a demanding environment while demonstrating a strong track record of high performance, independence, and motivation
• Proactive and highly capable of meeting deadlines while working independently with minimal supervision
• Ability to handle complex and confidential information with discretion
• Flexible and comfortable with ambiguity
• Commitment to enhancing a team culture of inclusion, belonging and equity 
• The following are not required, but would be considered as a plus for your candidacy:
  • Experience in investment fund accounting 
  • Experience with Sage Intacct accounting software or similar systems a plus  

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)
• Dedicated budgets for team building and employee recognition
• Annual budget for external professional development opportunities
• Mentorship and onboarding programs
• Collaborative and energizing workspaces in downtown Boston, San Francisco, Austin and Washington, D.C.; New York, NY; Note this position is based in our Boston office.
• 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, at the Associate level, the starting base salary is $81,000; however, during the interview process, we will consider 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.