Job Type

Full Time


Maximum: $65,000
Details: Salary is competitive and commensurate with experience



Start Date


Application Deadline



222 South Riverside Plaza, Suite 380
United States


The Company: Community Investment Corporation (CIC) is a not-for-profit Community Development Financial Institution, capitalized by investments from more than 40 financial institutions, with a mission to be a leading force in affordable housing and neighborhood revitalization through innovative financing, programs, and policy leadership. Since 1984, CIC has originated more than 2,400 loans for $1.4 billion for the acquisition and rehabilitation of more than 61,000 units of affordable rental housing in the Chicago metropolitan area. Building on its strong foundation of multifamily finance, CIC offers a wide array of complementary activities that broaden and strengthen CIC’s impact on affordable housing and community development. These include programs in energy conservation, property management training, building code enforcement, buying and selling distressed properties, and policy development to support affordable rental housing. CIC services a loan portfolio of $300 million and closes $60-$70 million in loans per year.

Reports to: Chief Financial Officer

The Position:

The Accountant will be part of a four person team responsible for financial management and reporting on the company and its loan portfolios. The Accountant will be responsible for balancing, remitting funds, accounting, and reporting to the investing institutions; maintaining investor contact information; maintaining all sold and un-sold loan pool accounts on the general ledger; posting, reconciling, and other general ledger accounting functions; preparing various financial reports; monitoring and forecasting cash balances.

Duties and Responsibilities


·        Balance and reconcile general ledger accounts and assist in the overall maintenance of the g/l system.

·        Prepare daily/monthly entries and accruals, post to the g/l and prepare monthly reconciliations for bank accounts.

·        Post, balance, and reconcile all Principal & Interest, Tax and Insurance, reserves, claims, and foreclosure expenses associated with loan portfolios.

Investor Reporting

·        Investor Liaison

o  Manage and maintain investor contact information.

o  Maintain information on investor financial commitments and outstanding balances.

o  Resolve investor questions, concerns, and other remittances issues.

o  Handle all investor correspondence, reporting, and special requests.

·        Note Sales

o  Coordinate preparation for sales of notes to fund CIC loans.

o  Calculate funding required from each investor.

o  Contact investors in advance of sales.

o  Verify receipt of all funds on day of sale.

o  Send collateral trust notes to investors.

·        Remittance

o  Coordinate monthly remittances to investors in CIC loans.

o  Prepare updates, reports, and schedules for distribution.

o  Wire remittance funds and email reports to investors every month. 

Financial Reporting

·        Assist with preparation of monthly Statements of Activities and Financial Position.

·        Monitor and forecast daily operating cash balance.

·        Assist with preparation of the annual budget.

Position Requirements

Undergraduate degree in Accounting or equivalent through other education and/or experience. A minimum of three to five years of experience in accounting. Must be detail-orientated, mission driven, diligent, efficient, and flexible. Proficient in use of Microsoft Word and Excel.


Health Insurance, 401k after 6 months employment. Paid PTO

Professional Level

Entry level

Minimum Education Required

4-year degree

How To Apply

To be considered for this position, please submit a resume and cover letter to: