Job · Minneapolis, MN · Full time

Accountant

Educational Credit Management · Public & Societal Benefit · $265M budget · 340 staff · Since 1994

Provides financial counseling, loan guarantees, and default prevention resources to help student loan borrowers and postsecondary institutions manage educational debt.

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Pays its leaders
$187K–$599K
8 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$261.6M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
340
employees
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
+1%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
2 mo
of spending, in cash and securities
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 1995
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.

Job Summary

The accountant is responsible for the accurate execution of day-to-day accounting operations and key deliverables. This role owns assigned accounts and processes, partners cross-functionally to resolve issues, and contributes to continuous improvement in reporting and controls while expanding exposure to investment accounting and structured finance products in a growing, multi-company financial services entity. An accountant takes end-to-end ownership of assigned areas to deliver timely and accurate financial information to management of ECMC Group and affiliated entities.

Under some supervision, this position is responsible for the day-to-day accounting and reporting operations in a complex environment, including maintaining and reviewing supporting work papers, coordinating inputs for filings and provisions, preparing tax schedules, and partnering with external advisors to support compliance and reporting needs. The accountant maintains well documented processes, collaborates closely with auditors and cross functional partners, and strengthens both technical accounting and analytical skills through meaningful variance and trend analysis. This position is classified as hybrid and requires attendance in office, Monday - Wednesday in Minneapolis, MN.

Essential Duties and Responsibilities Performs month end close activities with increasing ownership for assigned areas, including preparing and posting journal entries, maintaining schedules, reconciling intercompany activity, and completing financial statement tie outs. Prepares and maintains complex general ledger activity including balance sheet account reconciliations; research variances, resolve reconciling items, and document conclusions. Processes routine accounting transactions and maintain accounting estimates to ensure appropriate coding, documentation, and adherence to internal controls.

Provides and maintains documentation with respect to account variances, roll forwards, supporting schedules, financial statement ratios, cash flows, explanations, and other key accounting schedules, ensuring workpapers are accurate, well-supported, and audit ready. Performs investment accounting and reporting activities with increasing ownership, including accounting for structured finance products, capital activity tracking, waterfall support, and compilation/analysis of valuation inputs and disclosures. Supports recurring and ad hoc FP&A activities, including planning templates, variance support, and compiling inputs for forecast and budget cycles.

Assists external audit and tax compliance activities by preparing schedules, compiling supporting documentation, and responding to auditor and advisor inquiries…

Read the full posting

About Educational Credit Management

From its Form 990

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