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Staff Accountant

4 months ago

Somerville, United States Greentown Collaborative Inc Full time
Job DescriptionJob Description

About Greentown Labs - Nonprofit :

Greentown Labs is a 501(c)(3) nonprofit catalyzing climate solutions through entrepreneurship, partnership, and collaboration. As the largest climatetech startup incubator in North America, Greentown brings together startups, corporates, investors, policymakers, and others with a focus on scaling climate technologies. Driven by the mission of providing startups the community, connections, and resources they need to thrive, Greentown offers lab space, shared office space, machine shops, electronics labs, tool shops, software and business resources, and a large network of corporate customers, investors, and more. With incubators in Somerville, Mass. and Houston, Texas, Greentown is home to more than 200 startups and has supported more than 500 since the incubator’s founding in 2011. These startups have collectively created more than 11,000 jobs and raised more than $5.7 billion in funding. For more information, visit www.greentownlabs.com or follow Greentown on LinkedIn.


Reporting Structure & Position Description:

This position will report to the Controller and support the Finance Department of the organization.

The Staff Accountant will work with the Controller to monitor Greentown Labs’ financial health while overseeing business-critical aspects of accounting management, general accounting, grant accounting, and reporting. Additionally, the Staff Accountant will manage the daily accounting operations of the organization, while working to streamline accounting processes and establish standard operating procedures to ensure financial accuracy.

This role is expected to be on-site at Greentown Labs in Somerville, Massachusetts or Houston, Texas at least three days per week with the option to work remotely two days per week.

Primary Responsibilities of this Role Include Supporting:

General Accounting:

  • Manage invoicing/Accounts Receivable for Memberships & Sponsorships.

  • Review and approve Accounts Payable invoices for appropriate documentation, adherence to company policies, coding, and reasonableness.

  • Review, understand, and monitor restricted Grants, Programs, & Contributions, including special award terms and conditions and any related amendments.

  • Assist in managing monthly/quarterly close process, including account reconciliations, balance-sheet schedules, and related journal entries.

  • Maintain accurate and organized financial records and supporting documentation.

  • Ensure compliance with accounting policies, procedures, and generally accepted accounting principles (GAAP) applicable to nonprofit organizations.

  • Ensure accurate and timely reporting of financial data.

Budgeting and Forecasting:

  • Assist with the annual budgeting process.

  • Compile monthly budget vs. actual reporting for grants, programs, and departments.

  • Analyze financial results and variances, providing insights and recommendations for improvement.

Compliance and Auditing:

  • Assist with the audit process and pulling documentation to address audit requests.

  • Assist with compliance of active grant & contribution restrictions.

  • Assist with compliance of relevant tax regulations, IRS reporting, and state regulatory requirements for nonprofit organizations.

Administrative/Other:

  • Special projects and assignments as business dictates.

Skills & Experience:

There are innumerable ways to learn, grow, and excel professionally. We know people gain skills through a variety of professional, personal, educational, and volunteer experiences. We respect this when we review applications and take a broad look at the experience of each applicant. That said, we are most likely to be interested in your candidacy if you can demonstrate the majority of the qualifications and experiences listed below:

  • Bachelor’s degree in accounting/finance.

  • 0-2+ years of accounting experience, nonprofit experience a plus.

  • Technology-savvy with the ability to efficiently and effectively manage data for financial reporting; proficient in Excel (VLOOKUPs and Pivot Tables) & Sage Intacct strongly desired.

  • Can-do, mission-oriented mentality with a positive, self-starter attitude and collaborative leadership style, including the ability to receive, prioritize, and react to information with minimal oversight.

  • Strong organizational and time-management skills, with the ability to prioritize diverse workloads of long-term, short-term, and repeated priorities in a high-energy environment.

  • Excellent attention to detail and an ability to produce high-quality, accurate work within designated deadlines.

  • Commitment to diversity and to serving the needs of a diverse community.

  • Excellent written and verbal communication skills.

  • Curious, eager to learn, and a team player; “no task is too small” mentality.

  • Strong interpersonal skills and the ability to create and maintain solid working relationships at all levels across the organization and externally.

  • Strong planning and critical-thinking skills, with the ability to anticipate needs and actions.

  • Familiarity with basic computer programs, including Microsoft Office Suite and Google Workspace, including managing significant projects/documentation via Google Drive.

  • Respectful, customer-focused attitude; strong decorum; and ability to be discreet.

  • Ability to maintain confidential and/or proprietary information.

Compensation, Location, Benefits

The salary for this position starts at $55,000.00 and is commensurate with experience up to $63,000.00. This role can be based in Somerville, Massachusetts, or Houston, Texas. In addition to a competitive salary, Greentown Labs also offers a generous benefits package, including medical, dental, and vision insurance, and a 401k plan, and 25 days (5 weeks) of PTO plus holidays.

Employment with Greentown Labs is on an “at will” basis, which means either the applicant/employee or Greentown Labs can end the employment relationship at any time, for any reason, with or without prior notice.

Equal Opportunity:

Greentown Labs seeks to fully represent our community and constituencies—particularly low-income communities and communities of color—to amplify those voices and provide opportunities to participate in the direction and leadership of the organization. We actively encourage candidates from broad, diverse backgrounds to apply.

Greentown Labs is an Equal Opportunity Employer and we do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, genetic information, status as a veteran, marital status, disability status, or any other federal, state, or local protected class. Disabled applicants may request any reasonable accommodation needed to perform the essential functions of this role.