Regional Accounting Services Specialist

Job Details

Job Location:

NSC-Divisional HQ - Charlotte, NC 28217

Position Type:
Full Time Regular Education Level: Associate Degree Salary Range: $51,000.00 - $58,000.00 Salary Job Category:
Finance

Coordinates, monitors and evaluates the computerized accounting system with the finance staff of assigned local commands; ensures the proper internal controls are established to insure accounting and finance functions are in accordance with established Salvation Army policies, Generally Accepted Accounting Principles, and current FASB standards; and to maintain the reporting system which provides up-to-date and accurate financial information for the Corps Officer and Divisional Headquarters so that the financial health and condition of the local command can be effectively accessed at any time.

Monitors, evaluates and supervises the daily accounting transactions for assigned local commands; reviews and verifies local accounting records, ledgers and statements for accuracy and completeness including but not limited to the preparation of journals, various ledger activity, maintenance and supervision of the chart of accounts, required cash logs, and custodian of all financial reports; ensures the accuracy and completeness of the same.

Monitors cash balances closely and diligently in order to provide for sufficient funds for upcoming payrolls and other divisional drafts; reviews payables and cash receipt edit reports for correct date information, journal information, journal description, and company and bank verification before posting to the General Ledger; maintains awareness of each command’s financial needs and budget constraints in order to remain sensitive and responsive to their cash needs when financial resources are limited.

Reviews batches input at the local command and post them to The Salvation Army’s computerized accounting system; approves and posts all journal entries (including booking of assets, depreciation, and adjustments); reconciles inter-company receivables, payables, and balances in reserve accounts on a monthly basis; follow Divisional Headquarters instructions related to closing the books at month-end and year-end.

Establishes schedules for processing transactions and running checks to meet the local command’s deadlines and financial needs; ensures bills are paid on time; issues emergency checks as necessary; posts the same to the accounting system on a timely basis so reports of cash balances and payables are up-to-date at all times.

Reconciles or reviews all local unit bank accounts on a monthly basis; ensures all deposits are posted in the correct month and all drafts and electronic deposits are accounted for and posted; audits credit card transactions against bank statements; posts receivables from thrift store sales; follows up on any checks that have not cleared and any deposits unaccounted for; ensures all payroll and other divisional drafts are posted;

researches and resolves discrepancies in order to balance bank accounts; studies account activity in order to detect and resolve accounting transactions that are not in compliance with policy and to develop accounting process improvements.

Generates, reconciles, and reviews all ledger accounts for accuracy on a monthly basis; prepares and enters all correcting journal entries. Monitors account balances and notifies local and divisional leadership when account balances need management’s attention. Reconciles accounts held at DHQ & THQ to mirror and bring into balance; reconciles open receivables at DHQ & THQ to account for all expenses incurred within the month.

Prepares journals for depreciation expense by way of a Vehicle Depreciation Schedule; journals welfare orders and gifts-in-kind; calculates and journals support and statewide services incurred; reviews exchange accounts to ensure legitimacy of balances.

Verifies that the checkbook and General Ledger are in balance on a monthly basis and makes adjusting journal entries for posting corrections or notifies the supervisor when a cash account needs research and correction.

Reviews and verifies month-end reports for accuracy including the Financial Return Report, Statement of Activities, Balance Sheet, Support & Statewide Report; ensures the Balance Sheet balances and researches any funds that appear out-of-line, notifies officers when reports are ready and the entity is ready to close in the accounting system.