Manager, Accounting
1 week ago
Job Title:
Manager, Accounting and Grant Reporting
Reports to:
Chief Operating Officer (COO)
Job Type:
Full Time (40 hours/week), Hourly, Non-Exempt
Compensation:
$ $38.30 hourly
Company Location:
4343 Leimert Park Blvd. Los Angeles 90008
Work Location:
Remote with required in person work days of 1-4 days per month.
Website:
About LA Commons
Everyone has a story to tell. LA Commons, a 501(c)(3) arts nonprofit organization, is on a
mission to engage communities in artistic and cultural expression that tells their unique stories
and serves as a basis for dialogue, interaction and a shared understanding of Los Angeles.
Through community-based art programs, centered on youth leadership development, we help
diverse, generally low-income neighborhoods. LA Commons, a 501(c)(3) arts nonprofit organization is an Equal Opportunity Employer: minority/female/disability/veteran.
Benefits and Workplace Practices
Employees receive comprehensive benefits including health insurance, paid time off, life insurance, long term disability insurance and a retirement plan. Additional perks include a monthly work-from-home allowance and extra paid holidays during the summer and year-end periods. The organization maintains a structured review process (at 90 days, 6 months, and annually) focused on alignment and growth. Annual cost-of-living salary adjustments are benchmarked to the LA County Living Wage (contingent on budget performance). Pay transparency and equity are core organizational commitments.
Position Overview
Reporting to the COO, this role is an integral part of the LA Commons team. The Finance Manager will oversee daily accounting operations, manage cash flow forecasting, month-end close, financial reporting, and ensuring compliance with nonprofit financial regulations. This position is part of a highly collaborative team across all departments within LA Commons, including Community Arts, Grants and Contracts, Development, Operations, and a third-party bookkeeping service.
Successful candidates for this position should have non-profit accounting experience, enthusiasm for LA Commons' mission, possesses an attention to detail and a service orientation
Responsibilities
Accounting
• Manage the month-end closing process, ensuring timely and accurate financial reporting, including
the preparation and submission of monthly journal entries and balance sheet reconciliations
• Prepare and submit monthly account reconciliations, including bank accounts, credit cards, petty
cash, receivables and payables aging
• Process weekly accounts payable and receivables, invoices and payment processing, including
collecting and maintaining documentation
• Supervise and mentor the Operations Coordinator to ensure smooth operations across payables
and vendor administration
• Support preparation of Independent Contractor Agreements, amendments, and stipend agreements
• Ensure the procurement of goods and services are in line with federal and other grant regulations.
• Import biweekly payroll entries and classify in accordance with grant reporting requirements
Budgeting, Cash Flow & Reporting
• Work closely with the COO to manage cash flow and ensure the financial health of the organization.
• Assist in preparing the annual budget and monitoring financial performance to ensure alignment
with strategic goals.
• Lead development of proposal budgets and budget modifications for funders;
• Provide monthly Program budget updates to Department Heads ensuring that data is clear,
accurate, and actionable.
- Support COO in preparing for quarterly Board meetings
Development, Grants, and Contracts
• Partner with the Grants and Contracts Manager to create, track, and report on financials for private
and institutional funders
• Submit invoices according to funder requirements and GMP best practices
• Ensure proper financial tracking of funds and compliance with grant requirements.
• Maintain a schedule of donor reporting dates, and prepare fiscal reports for donors as needed and
requested by leadership
Audit & Compliance
• Develop, document and ensure compliance with nonprofit accounting standards, GAAP, and all
applicable regulations, as well as LA Commons fiscal policies and procedures (e.g. cost allocation,
procurement, reporting, etc.);
• Organize, secure and oversee maintenance of all financial files in alignment with best practices and
audit needs;
• Prepare for and support annual audits, ensuring timely and accurate documentation and reports.
Systems and Process Management
• Update and develop, alongside the COO, financial procedures and systems for newly independent
501 c3.
• Serve as the primary contact for external bookkeeping service.
• Continuously seek improvements to procedures and processes to enhance efficiency and accuracy.
Qualifications
• 3+ years experience in accounting, particularly fund-restricted accounting.
• Strong familiarity and practical experience with GAAP and managerial accounting
• Proven ability to manage detailed accounting tasks, meet deadlines, and communicate financial
data effectively.
• Demonstrated experience in grant reporting, both for contracts/invoice submissions and grant
awards for the government, foundations and corporations.
• Demonstrated ability to develop and implement fiscal systems reviews and changes
• Excellent organizational skills with a strong attention to detail.
• Demonstrated ability to prioritize competing responsibilities
• Proficiency with Accounting software (MonkeyPod a plus), Excel, Google Workspace
• Demonstrated ability to work independently and collaboratively
• Positive and creative attitude, and comfort with embracing challenges
• Demonstrated aptitude for synthesizing constructive feedback
• Experience in preparing for and participating in audits is a plus.
• Access to reliable transportation within LA County for in person meetings
Apply
Please follow the link
here
to complete an online application.
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