Senior Accountant

Description

The Senior Accountant is responsible for applying GAAP and FASB standards, working in compliance with non‑profit and diocesan rules and regulations, assisting with audit schedules and fund management, conducting financial analysis, ensuring appropriate accounting control procedures, and preparing accurate and timely internal and external financial reports and statements. This position requires working with diocesan departments and entities.

• Prepares accounts payable, cash receipts transactions, and standardized journal entries for review by the Vice President, CFO.
• Maintains proper controls over cash collections, bank payments, and updates as needed.
• Coordinates processes and information between internal roles as well as diocesan departments and entities as needed.
• In a timely manner completes complex monthly bank account, gift, and credit card reconciliations, including accruals and closing journal entries, of balance sheet and income statement accounts and researches and resolves discrepancies.
• Assists in the preparation of accurate and timely financial statements.
• Prepares check requests for incoming accounts payable invoices for Vice President, CFO approval.
• Print Operating and Investment account checks.
• Monitors bank account balances and requests operational transfers when appropriate.
• Maintains fixed asset records, including labeling all purchased assets, assigning proper depreciation methods, and recording journal entries for acquisition and associated expenses.
• Assists Foundation team with monthly payroll labor allocations and prepares resulting journal entries.
• Assists the Vice President, CFO in annual audit preparation, including preparation of requested audit schedules, footnotes, disclosures and other materials.
• Assists the Vice President, CFO in creating organizational operating and capital budgets.
• Assists the Vice President, CFO and President, CEO with other Foundation infrastructure development, ad‑hoc reporting and internal control assessment, as needed.
• Assists the Vice President, CFO with planning of cash flow with projections/forecasts for existing and new programs.
• Assists the Vice President, CFO in creating materials for the Board of Directors, Committees, Advisory Councils and Members.
• Assists the Vice President, CFO in the preparation of year‑end reporting and financial statements, gathering annual report information and preparation of the organization’s IRS 990.
• Continuously improves operations by analyzing results, monitoring variances, identifying trends and recommending actions to management.
• Assists Vice President, CFO with fund management monthly closing of fund system, including allocation of monthly investment return, distributions, fee assessments and communication with partners and donors.
• Assists Foundation team with budget activity, proper expenditure coding, appropriate expense allocations, KPI and budget variance analyses, and other accounting‑related activities.
• Collaborates with Accounting and Finance Team and other staff as needed to perform tasks.
• Contributes to organizational policy development and update of process and workflow documentation and training materials.
• Ensures accounting systems and functions are maintained.
• Gains and maintains knowledge of GAAP, FASB and specific non‑profit accounting standards. Stays current with market research, data mining and business benchmarking.
• Maintains confidentiality of financial, contract and donor information.
• Embraces the Foundation’s mission and vision and is an example of the organization’s values.

• Minimum of Four (4) years of experience of professional experience in a comparable role. Experience in non‑profit accounting and Foundation organization preferred;
• Bachelor’s degree in accounting or a related field;
• Knowledge of GAAP, FASB and accounting theory, principles, practices, laws and procedures as well as compliance and financial reporting. Knowledge of fund and grant accounting preferred;
• Strong detail orientation and ability to work independently. Must have excellent organization skills and the ability to prioritize, manage…