The objective of the Senior Accountant position is to provide support to the CFO/COO in relation to financial reporting. The Senior Accountant will work closely with an experienced group of professionals while overseeing/engaging in all aspects of the Company’s financial analysis, accounting, taxation, treasury functions, internal controls, external auditors, and third-party service providers.
JLC Infrastructure (“JLC”) is an investor and asset management firm focused on the transportation, communications, energy, utilities and social infrastructure sectors in the United States. The firm was formed in 2015 by Loop Capital and Magic Johnson Enterprises (“MJE”) with offices in Chicago and New York City. JLC has a broad network of long-standing relationships with municipalities, governments, infrastructure companies, investors, advisors and financing providers throughout the country. Website: https://jlcinfra.com/
Essential Duties and Responsibilities:
The responsibilities listed below pertain to all investment vehicles managed by the Investment Advisor (“IA”), the IA and its subsidiaries.
Manage the general accounting functions including but not limited to: accounts payable, accounts receivable, and general ledger ensuring accurate classifications of balance sheet and income statement line items
Prepare and distribute weekly cash recap report to Senior Management
Prepare weekly wire disbursements for the IA and its managed Funds and parallel entities
Reconcile AP and AR aging reports
Process year end 1099s for the IA and its managed investment vehicles
Review and ensure proper booking of employee T&E’s in the GL
Accounting review of GL for the IA and its managed investment vehicles
Point person for all AP, AR, general ledger related transactions for yearly audit activity for the IA’s Funds and Parallel entities
Assist in the review of quarterly and annual financial statements and regulatory reporting, where applicable, for the IA’s managed Funds and Parallel entities
Researching accounting issues for compliance with generally accepted accounting principles (GAAP)
Assess and document current practices and procedures and make recommendations for improvements, where applicable
Prepare intercompany reports, invoices and reconciliation
File NYC commercial rent return
Train under CFO to serve as backup
Produce deliverables on ad hoc projects and requests
Bachelor's degree in accounting from a four-year college or university is required.
Experience with Microsoft dynamics and NetSuite
Good understanding of Generally Accepted Accounting Principles (GAAP)
Good understanding of financial statements
Experience with general ledger functions and the month-end/year-end close process
Ability to interact with all levels of management
Intermediate to Advanced skills with Microsoft Office, including ability to do VLOOKUP’s and pivot tables in Excel
Accuracy and attention to detail
Aptitude for numbers and quantitative skills
Good communication skills (verbal and written)
Time management, critical thinking, problem solving and decision-making skills
Strong work ethic
Self-starter; work with minimal supervision
Analytical skills; apply, interpret and explain analysis of financial data.
This position has a hybrid work schedule. In-Office days will be agreed upon between the candidate and management.
About MJE (Magic Johnson Enterprises) / Loop Capital Partners LLC
JLC Infrastructure (“JLC”) is an investor and asset management firm focused on the transportation, communications, energy, utilities and social infrastructure sectors in the United States. The firm was formed in 2015 by Loop Capital and Magic Johnson Enterprises (“MJE”) with offices in Chicago and New York City. JLC has a broad network of long-standing relationships with municipalities, governments, infrastructure companies, investors, advisors and financing providers throughout the country.