Accounting Associate

This is an entry-level accounting position in a successful, mission-driven community economic development organization serving Massachusetts.  The Community Economic Development Assistance Corporation (CEDAC) is an Affirmative Action/Equal Opportunity Employer and encourages applications from candidates from diverse personal, cultural, and ethnic backgrounds.  CEDAC will provide job-specific training as well as professional development opportunities.

CEDAC is a public-private organization which provides technical assistance and loans to community-based non-profit development organizations.  CEDAC assists community development corporations, supportive housing nonprofits, and other non-profit developers to construct, rehabilitate, and acquire affordable housing.  In addition, through its affiliate, the Children’s Investment Fund, CEDAC also assists non-profit child care centers to improve their facilities.  Please visit our website at cedac.org for additional information about our work.

The Accounting Associate will join a diverse team of twenty-four employees, including a five-member finance team. The finance team plays a critical role in helping CEDAC to carry out its mission to develop and preserve affordable housing and to support community-based economic development.

We are looking for:

Skills

• Proficiency with Excel.
• Excellent attention to detail.
• Ability to exercise initiative, to work well under pressure as necessary, and to manage multiple projects simultaneously with minimal supervision required.
• Good written and oral communications skills.

Work Experience

• Experience in internships and summer jobs.
• Interest in affordable housing or child care a plus.

Other

• Ability to work remotely at this time.  CEDAC’s offices are located at 18 Tremont Street in Boston, but currently, due to the COVID-19 crisis, staff are working remotely from their homes.  CEDAC provides computer equipment for working remotely.

Education/Training

• Associate degree or BA degree in accounting or related field. 
• Prior direct experience may be substituted for college-level coursework or degree.

You will learn:

• How to administer organizational employee payroll and benefits.
• How to review detailed borrower loan requisitions for the construction of affordable housing.
• How to administer accounts receivable.
• How to administer organizational employee time tracking system.
• And through general work exposure and specific professional development opportunities, learn about the fields of affordable housing, child care facilities, and community-based economic development in Massachusetts.

You will receive:

• Full-time starting salary in the range of $42,000 -- $44,000.
• Excellent fringe benefit package, including: health, dental, life, and disability insurance (please note that at the current time, CEDAC pays the full medical and dental insurance HMO premium for employees and their qualified dependents.
• Section 125 flexible spending account for medical and dependent care.
• 403(b) deferred compensation plan, vesting immediately.
• Three weeks paid vacation to start.
• Thirteen paid holidays.
• Three personal days.
• Twelve sick days.
• Flexible work schedule, if needed, due to COVID-19 pandemic.