Accounting Director

4 days ago


Somerville, Massachusetts, United States Metro North Regional Employment Board Inc Full time

WHO WE ARE:

The MassHire Metro North Workforce Board (MNWB) is a 501(c)(3) nonprofit organization that operates at the intersection of the public and nonprofit sectors, in a quasi-governmental capacity within the statewide MassHire system.  Our mission is to develop partnerships, generate resources, and advocate for workforce solutions that result in a skilled workforce, prospering businesses, and equitable access to meaningful career pathways and quality employment for residents. The MNWB is one of 16 local Workforce Development Boards established in Massachusetts covering 20 cities and towns north of Boston. The functions of MNWB include the following:

  • Addressing business' workforce needs through strategic partnership building
  • Coordinating local workforce activities with economic development strategies
  • Developing industry-specific consortia focusing on strategic planning and implementation
  • Establishing workforce development policy for the region
  • Chartering career center operators and overseeing career centers
  • Matching the needs of business for skilled employees with training opportunities in the area
  • Assessing the effectiveness of the local workforce system
  • Administering federal Workforce Innovation and Opportunity Act (WIOA) funds for the region 

For more information, please visit 

JOB TITLE: Accounting Director

THE OPPORTUNITY:

We are seeking a highly skilled and experienced Accounting Director. The ideal candidate will possess a strong background in non-profit financial accounting with experience in grant accounting. This role is crucial for ensuring the accuracy of our financial reporting and compliance with regulatory and contractual obligations. The Accounting Director will report directly to the CFO.

This position offers an opportunity for growth in that the Controller is stepping back from fulltime to part time. This position will assume much of the general accounting that the Controller has been doing.

The company has more than doubled in size in the last few years and is aggressively pursuing new opportunities. 

The position is hybrid and will require 3 days per week in the office. The offices are currently located in Somerville but the company is actively searching for a new space in the Greater Boston area with a focus on access to public transportation and parking.

WHAT YOU'LL DO:

  • Be familiar with all aspects of the accounting department, ensuring timely and accurate financial reporting.
  • Perform account reconciliation processes and analysis to ensure the integrity of financial data.
  • Responsible for maintaining the general ledger, accounts payable, and accounts receivable.
  • Supervise payroll processing and ensure compliance with relevant laws and regulations.
  • Prepare and review journal entries and transactions ensuring adherence to the company's accounting policies and procedures as well as compliance with federal and state laws.
  • Perform corporate accounting functions, including month-end and year-end close processes.
  • Prepare monthly invoices/requisitions to funders including substantiating documentation and analysis as required.
  • Responsible for maintaining the existing accounting software system and for implementing improvements.
  • Responsible for ensuring compliance with GAAP and OMB Uniform Guidance.
  • Collaborate with cross-functional teams to support budgeting, forecasting, financial analysis, and grant management.
  • Analyze on a routine basis the operating results of over 75 grants comparing actual to budget and flagging any regulatory or contractual compliance issues.
  • Assist the CFO in overseeing the cash management system.
  • Prepare quarterly reports and grant closeouts to regulatory agencies and other funding sources as directed by the CFO
  • Supervise bank reconciliations.
  • Responsible for the annual monitoring of subrecipients as required by the funder.
  • Responsible for providing the company's independent auditors with documents and analyses as needed and managing the audit process so that it is efficient and completed on a timely basis.

WHO WE'RE LOOKING FOR:

  • Bachelor's degree in Accounting or Finance; CPA designation preferred.
  • Proven experience in a senior accounting role
  • Strong knowledge of financial accounting principles and practices.
  • Experience with OMB Uniform Guidance
  • Proficiency in account reconciliation, payroll management, journal entries, and corporate accounting.
  • Experience with accounting software. Preference will be given to candidates with Blackbaud/Financial Edge accounting software.
  • Excellent analytical skills with attention to detail and accuracy.
  • Excellent communication skills.

Applicants encouraged to apply even if you don't meet 100% of the above listed requirements.

SALARY AND BENEFITS:

Starting salary $79,070 - $93,636 per year. Excellent benefits including health care, dental, life insurance, short-term and long-term disability, 403(b) retirement plan, holiday, sick and vacation time, parental leave, and flexible work arrangements. 

TO APPLY:

Submit resume and cover letter on our ADP portal.

No telephone calls please. Open until filled. 

----

 

The MassHire Metro North Workforce Board values equity, justice, and opportunity and is proud to be an equal opportunity employer. We believe that a diversity of thoughts, experiences, backgrounds, personalities, and identities helps us think bigger and better, and enables us to reach our goals more effectively. We are committed to building a diverse staff and encourage individuals from all backgrounds to apply.


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