[Hiring] Senior Director, Fund Finance @Local Initiatives Support Corporation

Role Description

LISC Fund Management (LFM) seeks an experienced fund finance professional to serve as Senior Director, Fund Finance within the Fund Management & Finance team. The Senior Director is responsible for leading the financial reporting and close process across LFM-managed funds, ensuring that fund financial statements are accurate, timely, complete, and appropriately analyzed and communicated to internal stakeholders.

Reporting to the Vice President, Fund Management & Finance, the Senior Director serves as the day-to-day owner of fund financial reporting across approximately 12 existing funds and new funds as the platform grows. The role quarterbacks quarterly and annual closes, financial statement review, fund and organizational audits, and finance-related preparation for SEC examinations, working closely with LFM's third-party fund administrator, Broadstreet Impact Services, LISC Finance, external auditors, and other stakeholders.

The Senior Director also oversees third-party treasury management and loan servicing providers, ensuring accurate, timely, and well-controlled financial operations across the fund platform.

This position combines strong fund accounting expertise with financial analysis, judgment, and stakeholder management. The ideal candidate understands the full financial lifecycle of an investment fund, can independently manage repeated quarterly and annual close cycles across funds at different stages of maturity, and can move beyond closing the books to identify trends, explain financial results, and surface issues requiring leadership attention. The Senior Director also leads the Senior Associate, Fund Finance and helps establish scalable policies, procedures, and financial reporting practices as LFM's fund portfolio grows.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• Minimum of 10 years of progressive accounting, fund finance, or financial reporting experience, including significant direct experience with investment fund accounting and financial reporting.
• Demonstrated experience leading recurring quarterly and annual close processes across multiple investment funds or comparable investment entities, including funds at different stages of their lifecycle.
• Strong understanding of the full fund financial lifecycle, including accounting close, financial statement preparation and review, reconciliations, audit, ongoing fund operations, and fund wind-down.
• Demonstrated ability to review and analyze balance sheets, income statements, supporting schedules, and fund accounting workpapers; identify errors, inconsistencies, and trends; and communicate meaningful findings and recommendations to leadership.
• Experience overseeing third-party fund accounting, treasury management, and loan servicing providers, including reviewing deliverables, resolving discrepancies, managing service expectations, and escalating performance issues.
• Experience overseeing fund-level treasury activities and controls, including cash activity, bank account administration, and related financial reporting.
• Working knowledge of loan servicing operations, with the ability to review servicing outputs and identify financial, accounting, or reconciliation issues.
• Significant experience leading financial workstreams for annual fund audits and organizational financial audits, including coordination of supporting schedules, auditor requests, proposed adjustments, and findings.
• Experience supporting SEC examinations or other comparable regulatory examinations within an investment management environment.
• Strong knowledge of U.S. GAAP, investment fund accounting and financial reporting, internal controls, and applicable investment management regulatory requirements.
• Advanced proficiency in Microsoft Excel, including the ability to independently review and analyze complex financial workbooks, reconciliations, and supporting schedules.
• Strong stakeholder and relationship management skills, with demonstrated experience coordinating across external financial service providers, auditors, internal finance teams, and business leadership.
• Demonstrated ability to manage multiple concurrent fund closes, audits, vendor relationships, and reporting deadlines while maintaining accuracy and attention to detail.
• Demonstrated experience supervising, reviewing, coaching, and developing finance or accounting professionals.
• Strong written and verbal communication skills, including the ability to translate complex accounting and financial information into clear, decision-useful insights for senior leadership.

Requirements

• CPA or other relevant accounting or finance credential (preferred).
• Experience within private equity, private credit, real estate, impact investing, or another investment fund environment (preferred).
• Experience with funds at multiple lifecycle stages, including launch, active investment, maturity, and wind-down (preferred).
• Experience establishing or improving fund finance policies, close procedures, internal controls, and reporting practices within a growing investment platform (preferred).

Benefits

• 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.