Accounting Manager

The Loan Fund; Albuquerque (NM); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Health insurance

PTO accrual

Retirement plan with 3% match

Paid holidays

Job summary

The Loan Fund, a nonprofit community lender in New Mexico, seeks an Accounting Manager to strengthen accounting processes, manage fund accounting, loans and grants, and provide timely financial information for leadership and stakeholders. You will lead a small team, report to the CFO, and drive consolidation, reporting, and compliance across finance functions.

The role emphasizes GAAP knowledge, strong analytical skills, and the ability to supervise staff while supporting organizational growth

Qualifications

• Bachelor’s degree in accounting is required.
• 3–6 years’ accounting experience in a nonprofit or financial organization.

Responsibilities

• Ensure high-quality invoicing and collection procedures that comply with organizational procedures.
• Provide accounting assistance when needed throughout the organization.
• Assist the Chief Financial Officer with other ad-hoc analyses and reporting.
• Prepare year-end closing entries and coordinate with auditors for the annual financial audit.
• Lead payroll processing and payroll tax reporting (monthly, quarterly, annual).
• Perform month-end and year-end close, including GL, journal entries, reconciliations and variance analysis.
• Process accounts payable and support accounts receivable as needed.
• Develop and track annual budgets and prepare financial statements for leadership and board.

Skills

Analytical thinking

Attention to detail

Organizational skills

Interpersonal skills

Education

Bachelor’s degree in accounting

Tools

QuickBooks

Excel

Microsoft Word

PowerPoint

Outlook

Job description

The New Mexico Community Development Loan Fund (dba The Loan Fund) is a nonprofit community lender providing loans and lines of credit to small businesses, startups, and nonprofits throughout New Mexico that typically are unable to obtain financing through traditional lending sources. The Loan Fund also provides clients with consulting and training services.

Our Mission

We provide loans and assistance to improve the economic and social conditions of New Mexicans. We believe every neighbor deserves the chance to plant roots, nurture a vision, and grow something lasting—right here in the high desert we all call home.

At The Loan Fund, we show up for entrepreneurs, nonprofits, and everyday visionaries who are often overlooked by traditional banks. We offer more than money. We offer mentorship, tools, and a steady hand when the road gets bumpy. We’re not just here for a business plan; we’re here for an entrepreneur's why.

We envision a future where:

• A food truck in the South Valley becomes a cultural landmark.
• A rural nonprofit brings clean energy to its Pueblo.
• A single mom turns her kitchen hustle into generational wealth.

Local businesses should reflect the richness of our culture. Capital flows to those with heart and hustle, not just those with assets and access. And communities thrive because they are empowered from within. We believe economic justice is social justice. And we’re not just funding businesses— we’re fueling legacies.

Role Description

The Accounting Manager (AM) will play an integral role in managing and strengthening the accounting processes, functions and financial operations. The AM will provide staff, Board, external clients, institutions and regulatory organizations with up-to-date financial information on the status of fund accounting, loans, grants, and other financial matters pertinent to the success of The Loan Fund and its mission.

Primary functions include assisting with various financial reports and special projects as needed. The qualified candidate will have a strong work ethic and be an energetic self-starter. This role will be responsible for all general accounting functions. The Accounting Manager will report directly to the Chief Financial Officer and lead a team of two or more as we experience growth.

Responsibilities

• Ensure high-quality invoicing and collection procedures that comply with organizational procedures.
• Provide accounting assistance when needed throughout the organization.
• Assist the Chief Financial Officer with other ad-hoc analyses and reporting.

Accounting Oversight

• Prepare year-end closing entries; Annual audit and 1099 filings; serve as liaison independent auditors to produce an annual financial audit report.
• Lead and process bi-monthly payroll, monthly, quarterly and annual payroll tax reporting.
• Perform month-end and year-end close maintaining the general ledger; journal entries, reconciliations and variance analysis.
• Process all accounts payable, support accounts receivable as needed.
• Recommend updates to accounting policies, procedures, document processes and software.
• Develop and track annual income and expenditure budgets.
• Prepare monthly, quarterly, and annual financial statements and reports for senior management, the Board, and external organizations.
• Manage restricted and unrestricted funding.
• Identify discrepancies, conduct research, and confer with program managers to resolve problems.
• Responsible for the Loan Portfolio, including processing payments, billing, credit reporting, and the loan loss reserve.
• As a supervisor, provide support, training, coaching, corrective action, and evaluation to the accounting staff.
• Conduct other tasks assigned by the supervisor.

Essential Qualifications

• Bachelor’s degree in accounting; 3-6 years’ accounting experience in a nonprofit or financial organization is required.
• Knowledge of GAAP; methodology, prudence, and consistency.
• Technical Proficiencies: QuickBooks, Microsoft Word, PowerPoint, Outlook; Advanced Excel skills and Cloud-based software.
• Demonstrated ability to organize and manage competing priorities; exceptional analytical, problem solving, written and organizational skills and attention to detail.
• Ability to work and interact with colleagues throughout the organization.
• Proven track record in producing meaningful reports and analytics.
• Detail orientated with ability to consistently meet deadlines Ability to take initiative and drive accounting operations.
• Demonstrated can-do attitude; ability to strive and meet deadlines; maintains a positive work attitude, communicates in a manner conducive to good interpersonal relations, (e.g., helpful, courteous, pleasant) with staff at all levels.
• Passion for the work of The New Mexico Community Development Loan Fund.

The starting salary range for this role is $60,000 to $75,000.

One hundred percent company paid health insurance, including vision and dental. Other benefits include PTO accrual, paid holidays, retirement account at 3% match, and more to be discussed in detail at the interview.