NW Foundation Financial Operations Specialist

$51,950.00

NW Foundation Financial Operations Specialist

Foundation Finance

Full-time, 12 months

The Financial Operations Specialist supports the Northwest Foundation’s financial operations, including investment reporting, journal entries, account reconciliations, scholarship accounting, financial reporting, audit preparation, gift processing, accounts payable, and budget and forecast activities. The position participates in cross-training with the Accounting Clerk to provide backup coverage and continuity of finance operations.

Performs professional accounting work of a complex nature. Ensures compliance with generally accepted accounting principles in executing, analyzing, verifying, and reporting transactions of a fiscal nature. Research, track and resolve accounting or documentation problems and discrepancies as part of the internal accounting controls. Perform cash management activities and assist with investment reporting and related reconciliations. Assist with preparation of audit work-papers and assist with auditors’ fieldwork requests.

Assist with annual budget preparation and monitoring. Provide excellent departmental customer service. Serve as liaison with departments. Maintain, and strive to improve, accounting processes and procedures required to execute departmental functions at the highest level of quality. Recurring and special journal entries to record financial activity accurately and timely. Process gifts and cash receipts in accounting and donor management systems and reconcile related records.

Assist with annual IRS Form 1099 reporting. Produce ad hoc financial reports as needed (budget versus actual, account detail reports, etc.) Assist with scholarship accounting, including recording and reconciling scholarship activity. Process accounts payable, including reviewing supporting documentation, entering invoices, and assisting with payment processing. Participate in cross-training with the Accounting Clerk and provide backup support for assigned functions. Perform other accounting functions and duties as assigned.

Education:

A bachelor’s degree in Accounting, Finance, Business, or a related with 3 to 5 years of financial experience is required. Certification/License:
Valid driver’s license required. Preferred Candidates:
Certified Public Accountant (CPA) designation preferred, but not required. Experience with Blackbaud Financial Edge, Raiser’s Edge, or similar accounting and donor management software is preferred. Experience in nonprofit or fund accounting, financial reporting, investment reconciliations, and audit preparation is also preferred.

Knowledge of non-profit (fund) accounting principles and practices with ability to apply general accounting principles in the recording of expenditures, revenues, and allocations. Thoroughly understands institutional, state, and federal policies, procedures, and restrictions Self-motivated and highly detail oriented with experience preparing financial statements and managing high-level reconciliations. Proven strategic thinker with the ability to see the big picture and proactively identify opportunities for improvement.

Excellent communication and relationship building skills with the ability to work with a variety of internal and external stakeholders. Demonstrated ability to multi-task in a fast-paced environment. Demonstrated ability to adhere to professional ethical standards, exercising the highest level of integrity.

This position will work the normal hours of 8:00 a.m. to 5:00 p.m. with an hour lunch break. Must be able to work additional hours during peak times and work in an environment of…