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Renovo is a relationship-based lender who helps residential real estate investors fund their investment projects.
The Role
Supports bookkeeping, daily cash and bank activity recording, accounts payable processing, vendor and expense monitoring, reconciliations, month-end close workpapers, banking transmissions, and ad hoc accounting projects. The role also assists with accounting policy implementation, financial reporting, and long-term department planning while collaborating with the Controller and cross-functional teams.
Summary Generated by Built In
Accounting Associate
Who We Are
Renovo Financial is a dynamic and fast-growing private lender and mortgage servicer based in Chicago, dedicated to partnering with real estate investors who acquire and renovate single and multi-family residential properties. We take pride in delivering exceptional support to our clients, guiding them seamlessly from loan application to pay off with a commitment to unparalleled service. Our focus on reliability and a “win-win” approach has earned us an industry-leading repeat and referral rate, reflecting the strong relationships we build with our clients.
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 independent transaction research and collaboration with other departments. The Accounting Associate supports the operations team through preparing daily banking transmissions for approval, including for loan closings, construction draws, and accounts payable.
Responsibilities
Accounting Policy and Compliance
- Interpret and implement the company's accounting policy and standard practices
- Verifying accounting balances for interdepartmental communication
Banking and Transaction Management
- Recording bank activity in the general ledger according to company policy
- Inputting banking templates and payments for approval
Accounts Payable and Expense Oversight
- Processing weekly accounts payable run and advising the Controller and management of A/P trends
- Contract, vendor, and expense monitoring
Month-End Close and Reporting
- Taking ownership of critical workpapers associated with the month-end closing processes
Strategic Planning and Departmental Development
- Assist the Controller and management in formulating long-term Accounting Department objectives
Project Leadership and Cross-Functional Support
- Lead ad hoc projects and activities within the Accounting or Finance Department
Be the Culture
- Bring Renovo’s values to life through your actions, choices, and commitment to a shared purpose
What We Look For
- Degree in Accounting/Finance or 1-2 years of bookkeeping experience
- Moderate to advanced skills with Microsoft Excel
- Ability to work independently in comparing and analyzing possible decisions, and consider various possibilities
- 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
At Renovo, we’re building a team that reflects a wide range of backgrounds, perspectives, and skills because we believe diverse voices make us stronger. We’re proud to be an equal opportunity employer and welcome applicants of all identities and experiences.
Skills Required
- Degree in Accounting or Finance, or 1-2 years of bookkeeping experience
- Moderate to advanced proficiency with Microsoft Excel
- Ability to work independently, compare and analyze decisions, and consider alternatives
- High attention to detail
- Strong organization and ability to consistently meet deadlines
- Effective written and verbal communication skills
- Willingness to adapt to change in a fast-growing company
- Experience with Sage Intacct or similar accounting software
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The Company
What We Do
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.
Why Work With Us
We're almost the opposite of an online lending platform. We're very much "boots on the ground." The core strength of Renovo is our team. We have a team that is experienced, hungry, thoughtful, cares deeply about our customers and what they’re trying to do, and can handle not only great opportunity, but also can handle really great adversity.
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