Also by Reinvestment Fund

Spring Intern – Accounting Department

Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. As a federally certified community development financial institution (CDFI), we bring financial and analytical tools to partnerships that work to ensure that everyone has access to essential opportunities: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets, communities, and impediments to opportunity—and how investment and policy decisions can have the most powerful impact. We are part of coalitions that work to shift how entire sectors work to dismantle systems that perpetuate social and economic inequality.

Since our founding, we have put more than $2.4 billion to work for good — investing in projects that are both targeted and transformative. We have worked with scores of policymakers in cities, states, and federal agencies and helped millions of people nationwide access critical services and amenities. By tailoring financing solutions, fostering local partnerships, building coalitions, and informing strategies for tackling systemic injustices, we are charting paths and forging collaborations that catalyze positive, lasting impact.

Reinvestment Fund is committed to be an employer of choice for students looking to work in a community development financial institution with industry leaders. We have worked hard to be recognized nationally for our combination of expert knowledge, innovative strategies and proven results. Reinvestment Fund’s business environment provides students with ample opportunity for personal growth and success.

ABOUT THE POSITION
Reinvestment Fund is currently hiring an intern within the Accounting Department. Our accounting team is responsible for maintaining Reinvestment Fund’s internal control system, coordinate external audits, and oversee all accounting functions, including accounts payable, payroll, and grant reporting.

This position provides an opportunity for a detail-orientated, self-directed student to gain practical knowledge of core accounting duties such as account and cash reconciliations, journal entries, accounts payable and cash application. The intern will also support the accounting department in various tasks related to the implementation of a new ERP system.

When Reinvestment Fund’s Philadelphia office is closed for social distancing, the individual will work remotely and be expected to work independently and collaboratively with staff and program participants.

EDUCATION, EXPERIENCE, AND SKILLS
To perform this job successfully, responsible students must:
• Undergraduate level studies in Finance or Accounting required.
• Interest in non-profit accounting/finance and/or management.
• Experience of high level Excel modeling skills.
• Have the ability to take initiative, as well as work independently when needed.
• Demonstrate a high degree of independent decision making and communication skills. The decisions of students in these positions could directly affect the operation and success of the project or program.
• Proficient research and problem solving skills.
• Experience with MS Office Suite.
• Students should be able to commit to a minimum of 20 hours per week during the spring semester.

To Apply
Please complete an online application and attach your resume and a cover letter.

Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. The Company does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Minority candidates are strongly encouraged to apply.

Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.

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