Senior Accountant

POSITION SUMMARY

The Senior Accountant will support the mission, vision, and values of the Logan Heights Community
Development Corporation (Logan Heights CDC) and LHCDC Holdings LLC whose mission is to strengthen residents and businesses in Greater Logan Heights neighborhoods through community empowerment, education, economic growth, and housing development.

As a member of the Accounting team, the Senior Accountant will plan, organize, control, and direct the financial areas of accounts payable, accounts receivable, benefits, cash management, financial reporting, and payroll. Reporting to the Chief Financial Officer, the Senior Accountant will be responsible for the management of all finance, accounting, and reporting activities. The Senior Accountant administratively supports the accounting operations and interfaces with donors, vendors, and other organizational staff members. The position requires an in-depth knowledge and understanding of general accounting and administrative practices. The work consists of both routine and non-routine administrative accounting work performed using general procedures and processes.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Accounting Management (50%)

• Responsible for all bookkeeping duties and some internal financial management including but not limited to check writing, expense transactions, fund transfers, deposits, and accounting entries;
• Prepare detailed journal entries, reconciliations, and account analyses;
• Verify that program cost allocations are by policies and procedures;
• Update and maintain the chart of accounts;
• Maintain adequate accounting controls to ensure the safeguarding of assets and accurate financial reporting;
• Prepare monthly financial statements and reports for internal use and management oversight: statements include the statement of financial position and the statement of activity for the Executive
• Team review and analysis;

• Research and correct accounting discrepancies by GAAP; and
• Prepare special reports by collecting, analyzing, and summarizing account information.

Reconciliation (10%)

• Prepare all monthly bank account reconciliations;
• Reconcile any financial discrepancies by collecting and analyzing account information; and
• Maintain fixed asset/depreciation, prepaid expenses, and accounts receivable schedules.

Payroll/Benefits (10%)

• Process semi-monthly payroll; and
• Prepare and record payroll journal entries in the accounting software.

Financial Oversight (10%)

• Monitor cash balances and funding sources;
• Manage cash position/liquidity to ensure the solid financial condition of Logan Heights CDC and

LHCDC Holdings LLC;

• Assist in developing the annual budget and report the actual performance compared to the monthly budget;
• Facilitate annual audit conducted by an independent CPA firm and maintain a relationship with audit firm;
• Monitor revenue and expenditures about the Board approved annual budget;
• Prepare and distribute budget to actual reports and monthly financial statements;
• Provide support with any necessary adjustments or corrections;
• Achieve budget objectives by scheduling approved vendor expenditures, recording donor contributions, tracking funding inventory, analyzing variances, and initiating corrective actions; and
• Assist with decision-making regarding capital investments, pricing, contract negotiations, significant costs, benchmarks, and other matters with management and the Chief Financial
• Officer.

Compliance and Reporting (5%)

• Comply with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial and tax reports, and advising management on needed actions;
• Interact with program directors or other stakeholders to produce timely, efficient, and accurate month-end close and all internal management and financial reporting through annual report;
• Make recommendations for changes and update financial policies and procedures as needed;
• Ensure that all financial company policies and procedures are followed;
• Establish proper techniques to discover and prevent fraud; and
• Ensure compliance with internal control policies.

Audit Coordination (15%)

• Facilitate annual audits conducted by an independent CPA firm and maintain a relationship with an accounting firm;
• Coordinate audit activity;
• Respond to requests from auditors' representatives, grantor organizations, and governmental organizations, including official financial reports and claims;
• Collaborate with and provide supporting documentation to the external auditors to ensure successful audit results and compliance; and
• Perform related duties as assigned.

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

WORK ENVIRONMENT AND PHYSICAL DEMANDS

The physical demands/conditions described below are representative of those that must be met/tolerated by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Present proof of vaccination before starting work. Reasonable accommodations will be made upon request;
• Ability to work in a fast-paced environment and entrepreneurial culture;
• Ability to work early mornings, late evenings, and weekends for organization events as needed;
• Attending conferences or training sessions within San Diego County and in- or out-of-state locations;
• Sitting at a desk for sometimes long and continuous periods;
• Standing for sometimes long and continuous periods;
• Answering or making calls on the telephone for sometimes long and continuous periods of time;
• Using a keyboard to perform research, and to communicate through written means for sometimes long and continuous periods;
• Looking at a computer monitor for sometimes long and continuous periods of time;
• Occasionally standing, walking, reaching, and stooping;
• Kneeling, bending at the waist, and reaching overhead, above shoulders, and horizontally to retrieve and store files and other items as needed;
• Hearing and speaking to communicate and exchange information;
• Seeing to observe the accuracy of reports and documents;
• Dexterity of hands and fingers to operate office equipment;
• Lifting to 30 lbs.; and
• Exposure to various noise levels.

QUALIFICATIONS

Incumbents must demonstrate the ability to follow policies and procedures as established in the
Company's Employee Handbook. Incumbents will also contribute to a positive work environment by behaving and communicating in a manner such that they get along with all constituent groups, co-workers, and management.

In addition, the education, experience, and other skills listed below are representative of the knowledge, skills, and/or abilities required.

EDUCATION, CERTIFICATIONS, LICENSES, AND REGISTRATIONS

• Bachelor's degree in Accounting, Finance, or Business-related field, preferred; and
• CPA or MBA is a plus.

WORK EXPERIENCE

• Five (5) to ten (10) years of experience in the accounting or finance field, preferred; and
• Financial and operations management experience with a not-for-profit organization is preferred.

KEY SKILLS SET

• Please refer to the job description attached for additional details.