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Nonprofit Financial Administrator

2 months ago

Cincinnati, Ohio, United States New Foundations Recovery Housing Full time
Job Overview

Position Summary

The Financial Administrator is tasked with establishing and/or upholding the accounting framework of the organization. This role encompasses daily financial operations, including journal entries, invoice processing, account reconciliations, and bank deposits. Additionally, the Financial Administrator maintains records of assets and liabilities and aids in the creation of financial statements and reports.

Key Responsibilities

The key responsibilities of the Financial Administrator include, but are not limited to:

  • Executing fundamental accounting tasks (such as managing accounts receivable and payable, data collection, payroll processing, maintaining the general ledger, journal entries, and overseeing inventory/asset management)
  • Generating information for financial statements (including monthly and quarterly financial reports, along with monthly forecasts summarizing the current and anticipated financial status)
  • Managing recurring charges, applying late fees, and communicating with program participants regarding payments
  • Allocating entries to appropriate funding sources
  • Reconciling general ledger accounts on a weekly and monthly basis
  • Engaging with program participants, vendors, volunteers, and community partners to resolve payment-related issues (AR/AP)
  • Conducting data entry, uploading source documents, sorting through data, and performing data analysis
  • Formulating standard operating procedures for the finance department
  • Budgeting, forecasting, and data extrapolation
  • Overseeing grant management
  • Managing volunteer resources
  • Handling ADP Payroll/HR responsibilities
  • Providing additional accounting support and assistance as required

Required Skills and Qualifications

  • Associate's degree or higher in accounting or finance
  • A minimum of four years of experience in nonprofit bookkeeping
  • Experience with grant budgeting is advantageous
  • Familiarity with property management software, such as Rent Manager, is a plus

Competencies

  • Strong communication skills, both verbal and written
  • Proficiency in accounting software and web-based applications
  • Meticulous attention to detail
  • Excellent organizational abilities
  • Robust analytical skills
  • Capability to work independently while managing multiple projects and deadlines
  • Integrity and credibility in all dealings