Senior Accounting Specialist

2 weeks ago

Arlington, Virginia, United States Air Force Aid Society Inc Full time
Job Overview

Position Title: Staff Accountant

Reporting To: Controller

The Air Force Aid Society (AFAS) serves as the official charitable organization for the United States Air Force (USAF) and the United States Space Force (USSF). Established in 1942, AFAS addresses the distinct needs of Airmen and Guardians through financial assistance, educational programs, and community support to bolster the missions of the USAF and USSF.

Position Summary:

The Staff Accountant will collaborate closely with the Controller to uphold the financial integrity of AFAS, ensuring the delivery of precise and timely financial information. This role encompasses various responsibilities within AFAS, including internal controls, month-end closing processes, donation management, accounts payable, and data entry. A strong understanding of Generally Accepted Accounting Principles (GAAP) and robust financial analysis capabilities are essential for this position. The Staff Accountant will also provide support to other departments with finance and accounting-related inquiries as required. Success in this role necessitates effective time management and a high degree of organizational skills.

This is a full-time position eligible for benefits.

Key Responsibilities:

  • Reconcile and manage AFAS' receivables and allowances for doubtful accounts.
  • Verify the accuracy and classification of Income Statement accounts.
  • Review AI-generated Accounts Payable invoices prior to integration into the general ledger.
  • Ensure timely recording of all automated ACH payments.
  • Accurately enter and deposit all received checks in a timely manner.
  • Assist the Controller with monthly schedule reviews.
  • Support the month-end closing procedures to guarantee timely financial reporting.
  • Assist with IRS 990 filings and other tax-related submissions.
  • Provide general accounting assistance to the Controller and other departments.
  • Prepare various audit schedules for the annual financial audit, including fulfilling auditor requests during on-site evaluations.
  • Administer AFAS' internal control testing program, ensuring adequate controls are established and utilized appropriately.
  • Update necessary data for Charity Navigator annually.
  • Support daily project management tasks and participate in weekly meetings as needed.
  • Deliver monthly financial reports to the Marketing & Development team.
  • Perform additional duties as assigned, as this list represents key functions but is not exhaustive.

Qualifications:

To excel in this role, candidates must meet the following qualifications:

  • Proficient in Microsoft Office and other relevant software in a Windows environment.
  • Experience with accounting and financial reporting systems.
  • Comprehensive knowledge of fundamental accounting procedures.
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP).
  • Ability to meet deadlines and perform under pressure.
  • Team-oriented with an appreciation for the organization's history and culture, demonstrating collaborative skills.

Preferred Skills and Experience:

  • Bachelor's degree in accounting or a related field.
  • Six years of staff accounting experience may substitute for a bachelor's degree.
  • Minimum of two years' experience in an accounting role, preferably within nonprofit organizations.
  • U.S. work authorization is required for this position.

Communication Skills: Proficient in reading, analyzing, and interpreting business publications, professional journals, and governmental regulations. Capable of writing reports, business correspondence, and procedural manuals. Able to effectively present information and respond to inquiries from groups of managers, clients, and the public.

Mathematical Skills: Competent in calculating figures and amounts such as discounts, interest, and percentages. Ability to apply concepts of algebra and statistics.

Reasoning Ability: Skilled in defining problems, collecting data, and drawing valid conclusions. Capable of interpreting a variety of technical instructions and managing multiple variables.

Physical Requirements: The role requires regular sitting, use of hands, and communication. Occasional standing and walking may be necessary. Ability to lift and/or move up to 25 pounds is frequently required.

Integrity and Professionalism: AFAS is committed to maintaining the highest standards of honesty, integrity, and professionalism, especially given the sensitive nature of the information handled. Employees must demonstrate discretion and security in all dealings.

AFAS is an equal opportunity employer and welcomes all applicants.

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