Accounting Associate

Job Description

Job Description

Position: 

Accounting Associate

Who We Are:

Renovo Financial is a rapidly growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just one reason why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies and a 2023 Top Workplace winner, as recognized by The Chicago Tribune.

Position Summary:

The Accounting Associate is a critical role within the Renovo organization, meaningfully contributing to both the financial and operational aspects of the business. The Accounting Associate supports the financial team through bookkeeping, reconciling, and month-end closing responsibilities. This includes recording cash activity daily into the general ledger software (Sage Intacct), which can require transaction research and collaboration with other departments. The Accounting Associate supports the operational team through preparing daily banking activity transmissions for approval, including for loan closings, construction draws, and accounts payable. The Accounting Associate will work closely with our team of accounting professionals, and will have opportunities to expand their responsibilities as the organization grows. This position will function in a hybrid working environment, with regularly scheduled in-office attendance.

Responsibilities:

• Recording bank activity in general ledger
• Inputting banking templates and payments for approval
• Processing weekly accounts payable run
• Contributing to month-end closing processes
• Updating deferred revenue recognition based on borrower activity
• Verifying accounting balances for interdepartmental communication
• Contract, vendor, and expense monitoring
• Ad hoc activities within the accounting or finance department

Position Requirements:

• Degree in Accounting/Finance or 1-2 years of bookkeeping experience
• Moderate to advanced skills with Microsoft EXCEL
• High attention to detail
• Organized and able to consistently meet deadlines
• Effective communication skills, both written and spoken
• Willingness to adapt and change with a fast-growing company
• Experience with Sage Intacct or similar is a bonus

Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexual orientation, gender identity and expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.

Renovo offers a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, maternity benefits and more.