Staff Accountant
2 months ago
Responsibilities:
• Engage in the centralized accounting and financial reporting for an assigned grant portfolio, which includes the preparation of annual and project budgets, forecasting revenue, and estimating carry-over of funds.
• Assist in the management of funds received from private corporations, individuals, foundations, and the public sector.
• Execute accounting functions for all grants and contracts, and perform services on a cost-reimbursement basis for grants.
• Research issues, prepare invoices and billings, and collect funds in support of restricted fund expenditures.
• Coordinate with key personnel across the organization to support the timely expenditure of grant funds, ensuring compliance with guidelines and budget deadlines.
• Develop positive working relationships to foster a collaborative environment for grant coordination and oversight.
• Calculate, prepare, and submit the annual indirect cost rate as needed and manage costs across the assigned grants portfolio.
• Stay updated with public sector compliance announcements and their applicability to grant management-related audit, federal regulations, state laws, organizational policies, and workshops or seminars on grants or special revenues.
• Prepare year-end reports, work papers, and analysis necessary for the organization's auditors to complete the yearly audit of the financial statements.
• Review and approve grant-related journal entries, monitor charges for reasonableness and compliance with organization policies and procedures.
• Conduct monthly reconciliation of bank accounts as directed.• A bachelor's degree in accounting, finance, or a related field
• Proven experience as a staff accountant, preferably in the non-profit sector
• Proficiency in Accounts Payable (AP) and Accounts Receivable (AR) procedures
• Experience with bank reconciliations and managing general ledger
• Ability to prepare and post journal entries accurately
• Familiarity with month-end close processes and procedures
• Proficiency in using accounting software such as NetSuite, Oracle, QuickBooks, and SAP
• Strong financial analysis skills to interpret accounting information to recommend financial actions
• Excellent organizational skills, with an ability to prioritize important projects
• Strong communication and interpersonal skills for interacting with different departments and external vendors
• A keen eye for detail and desire for accuracy
• Ability to work independently and as part of a team
• A commitment to the non-profit sector and its unique financial requirements.
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