Summary:

The Member Capital & Patronage Coordinator is responsible for managing and supporting all aspects of owner (member) equity, capital accounts, and patronage distributions. This role ensures accurate preparation and distribution of capital and patronage statements while serving as a key point of contact for member inquiries. The position requires strong accounting fundamentals and the ability to communicate clearly in both English and Spanish.

Job Description:

Capital & Patronage Administration

Maintain and reconcile member capital (equity) accounts
Prepare annual patronage dividend calculations and supporting schedules
Prepare semi-annual capital requirement calculations and supporting schedules
Generate and distribute quarterly capital account statements and annual patronage notices
Distribute quarterly loan statements
Ensure accuracy, completeness, and timeliness of all member financial records
Support year-end processes related to patronage allocations and reporting
Prepare, file, and distribute Form 1099 filings

Member (Owner) Support

Respond to member inquiries regarding capital balances, patronage dividends, and statements (phone & email)
Provide clear explanations of calculations and account activity in English and Spanish
Assist members with documentation requests and account updates
Serve as a liaison between members and internal finance teams

Reporting & File Preparation

Prepare distribution files and reports for internal review and external communication
Maintain organized records of all capital and patronage transactions
Assist with audit requests and documentation related to member equity
Identify discrepancies and proactively resolve issues

Process Improvement

Recommend improvements to reporting, tracking, and communication processes
Help standardize member communications and templates (English/Spanish)
Support system enhancements related to capital and patronage tracking

Qualifications:

Education & Experience
- Bachelor''s degree in finance, business, or related field preferred
- 2+ years of experience in accounting, finance, or bookkeeping
- Fluency in Spanish and English (written and verbal), required

Skills & Competencies
- Strong understanding of accounting principles (GL, reconciliations, reporting)
- Proficiency in Excel (sorting, lookups, basic formulas)
- Strong attention to detail, organizational skills, and accuracy
- Clear communicator (especially translating financial concepts)
- Customer-service mindset with members/owners
- Ability to manage recurring deadlines (quarterly and year-end distributions)
- Excels at problem-solving and follow-through

Member Capital & Patronage Coordinator

Similar Jobs