Senior Staff Accountant

4 weeks ago

Los Angeles, California, United States Los Angeles County Economic Development Full time
Job Title: Senior Accountant

Reports To: Senior Director of Accounting and Administration

Department: Accounting and Administration

FLSA Status: Exempt

Salary: $90,000 - $105,000

Job Summary

The Senior Accountant will perform transaction-oriented accounting duties in a full accrual, fund-based accounting environment related to general ledger, reconciliations, month-end close, and preparation of financial reports in Sage Intacct. The successful candidate will also assist the Senior Director of Accounting and Administration with other projects and perform under limited supervision a wide variety of financial tasks.

Key Responsibilities
  • Manage general ledger activity, including entering monthly journal entries, executing monthly closing of the general ledger, and reconciling general ledger accounts.
  • Be the primary fiscal contact for sub-recipients and funders, ensuring transactions are properly recorded and agree to the grant/contract agreement, while also ensuring sub-recipient/subcontract financial activities adhere to deliverable deadlines.
  • Oversee the cash receipts and cash disbursement functions, including ensuring timely and accurate processing of invoices and payments.
  • Review, monitor, and oversee subsidiary reconciliations, including cash/investment accounts, intercompany activity, and fixed assets.
  • Monitor accounting transactions for compliance with organizational policies and grant restrictions.
  • Assist in payroll process by preparing payroll, draft payroll and benefit journal entries, and reconcile related reports and accounts.
  • Manage and process payments to vendors for LAEDC's 403b Retirement Plan, calculate all employer matching contributions in accordance with plan summary, and prepare and submit employee and employer contributions in accordance with IRS guidelines.
  • Monitor and reconcile employer retirement plan contributions.
  • Assist with Staff Accountant duties in their absence.
  • Maintain efficient electronic filing systems for financial records.
  • Assist with audit preparations.
  • Recommend and implement process improvements, maintain accounting policies and procedures to ensure compliance with GAAP and other regulatory requirements.
  • Work collaboratively with other departments to ensure financial transparency and accuracy.
  • Support with special projects and process improvements, and other duties as assigned.
Competencies

To perform the job successfully, an individual should demonstrate the following competencies:

  • Customer Service - Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.
  • Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
  • Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values; Supports affirmative action and respects diversity.
  • Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
  • Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
  • Quantity - Meets productivity standards; Completes work in timely manner; Strives to increase productivity; Works quickly.
Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Education/Experience: Associate's degree (A.A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience.
  • Language Ability: Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
  • Math Ability: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
  • Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
  • Computer Skills: To perform this job successfully, an individual should have knowledge of Word Processing software; Spreadsheet software; Accounting software; Inventory software; Payroll systems; Internet software; Order processing systems; Database software and Contact Management systems. High level of experience and knowledge required of Excel spreadsheets. Experience with Sage 300 database software preferable.

The LAEDC will consider qualified applicants, including those with criminal histories, in a manner consistent with state and local Fair chance laws including the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). The LAEDC is an Equal Opportunity Employer. For further information about LAEDC, please visit our website at

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually quiet.

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

While performing the duties of this job, the employee is frequently required to sit and use hands to finger, handle, or feel. The employee is occasionally required to reach with hands and arms and talk or hear.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.

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