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Senior Accounting Manager

3 months ago

Bedford, Massachusetts, United States Ledgent Finance & Accounting Full time
Job DescriptionJob Description

Position: Senior Accounting Manager

Salary: $80-$110K Annually

Location: Hybrid, 4 days on site, 1 day remote, Bedford, Ma

Overview: Our client in Bedford, Ma a nonprofit, community-based agency is seeking la Senior Accounting Manager to oversee accounting functions for a $37 million agency and supervise a staff of four. This position reports to the Chief Financial Officer (CFO) and is responsible for accounting, financial reporting, and billing activities for the organization. The role also involves collaborating with the CFO on budgeting and planning, financial analysis, and certain Treasury functions.

What is in it for you:

· Excellent Medical including health, dental, vision, life , short- and long-term disability, 401K

· Paid time off including vacation, personal, sick and holidays

· Tuition reimbursement, certification, and specialized training

· Chance to work for a mission driven organization that makes a difference in people's lives

Responsibilities:

Accounting Operations:

  • Lead day-to-day accounting operations, including accounts payable, accounts receivable, general ledger maintenance, and month-end close processes.
  • Ensure accurate and timely recording of financial transactions in compliance with GAAP principles and organizational policies.
  • Work closely with the Director of Revenue Cycle Management to account for insurance billing and revenues.
  • Maintain fixed asset and depreciation schedules.
  • Manage government reporting and tax filings.

Internal Controls and Compliance:

  • Supervise financial matters for approximately 150 clients.
  • Establish and maintain robust internal controls to safeguard the organization's assets and ensure compliance with regulatory requirements, particularly with regard to State contracts.
  • Oversee the coordination with external auditors to facilitate the annual audit process and promptly address any audit findings. Prepare required schedules and documentation as requested by auditors.
  • Stay updated on accounting standards and regulatory changes, proactively implementing updates to accounting policies and procedures.

Team Leadership and Development:

  • Oversee A/P functions for the organization and individuals.
  • Mentor and develop a high-performing accounting team, providing hands-on guidance and support.
  • Facilitate cross-training within the department to ensure team depth.
  • Lead by example, actively engaging in accounting tasks alongside team members to maintain a cohesive and efficient workflow.

Financial Systems and Process Improvements:

  • Identify and implement opportunities to streamline workflows and enhance efficiency.
  • Partner with cross-functional team members to implement processes that effectively support the financial components of the programs.
  • Drive process improvement initiatives to optimize financial reporting accuracy and timeliness.

Qualifications:

  • 7+ years of progressive accounting experience, including roles as an Accounting Manager with responsibility for all accounting functions.
  • Strong accounting skills and supervisory experience.
  • Experience with establishing and implementing automation tools.
  • Proficiency in using a variety of software programs, including expertise in accounting software (knowledge of Acumatica accounting software is a plus) and proficiency with Excel.
  • Bachelor's degree in Accounting (required), CPA preferred.
  • Thorough knowledge of accounting principles and procedures.
  • Familiarity with general ledger functions and the month-end/year-end close process.
  • Nonprofit and/or healthcare experience preferred.
  • Familiarity with Massachusetts' UFR requirements and EIM billing system preferred.
  • Familiarity with Social Security Representative Payee regulations preferred.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.