Senior Associate, Fund Finance
About the role
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