Revenue Accounting Specialist
6 days ago
We are seeking an experienced Revenue Accounting Specialist to join our team at Westhab Inc.
Estimated Salary: $130,000 - $140,000
About the Role:The Revenue Accounting Specialist will be responsible for ensuring timely completion of the monthly cycle of government contract vouchering and collections. This includes monitoring and utilizing contract budgets through preparation of budget modifications and annual contract budgets. The successful candidate will also supervise accounting staff in the completion of the cycle and overall management of the accounting team.
Key Responsibilities:- Monitor grants contract and compliance schedule to ensure timely billing and compliance with individual requirements. Renew government contracts as needed and onboard new contracts.
- Ensure supervisory staff complete routine monthly, quarterly, and annual rotation of contract and grant vouchers for reimbursement of program expenses. Review and sign off on all vouchers.
- Maintain up-to-date knowledge of funder requirements and train staff on required procedures. Stay informed on specialized reporting processes including OMH CFR, Passport, PIP, HUD timesheets, and HUD PRAC.
- Monitor cash collections and communicate with funders to ensure timely payment. Provide monthly reports to the VP Finance on outstanding receivables and delayed payment issues.
- Work with supervisors to prepare timely budget modifications requests to funding agencies. Conduct overall review and final approval of contract budgets prepared by accounting staff.
- Primary responsibility for accurate monthly payroll entries and related fringes. Monitor timely receipt of HUD timesheets from program staff and ensure accuracy of staff allocations. Submit required allocation schedules to funders.
- Responsible for restricted donation accounting, accurately reporting individual donations, and applying expenses correctly. Distribute monthly donation activity to relevant staff and meet regularly with program staff to ensure donations are spent according to restrictions.
- Prepare ad hoc budgets in collaboration with the grant writer and program staff as requested for funding applications or RFPs.
- Oversee the cash receipts and tenant rent billing cycle with the accounts receivable clerk, ensuring accurate postings agreed to financial reports.
- Bachelor's degree in accounting from an accredited four-year college or university.
- Seven years of experience with government grants and non-profit accounting, including two years of direct supervision of accounting staff.
- Demonstrated knowledge of accounting theory and principles, strong Excel skills, and ability to effectively handle multiple projects concurrently.
- Capability to work in a fast-paced environment and excellent communication skills.
At Westhab Inc., we empower communities and change lives. We're a results-driven organization that focuses on empowerment and impact. If you're looking for a challenging opportunity to grow professionally, apply now.
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