Community Partners
Senior Project Accountant
Community Partners, Los Angeles, California, United States, 90079
Job Type
Full-time
Description
TITLE:
Senior Project Accountant
TEAM:
Accounting
REPORTS TO:
Accounting Manager
STATUS:
Full-time, Exempt
SUMMARY
As part of the GL Team, the incumbent is responsible for Community Partners and its partners. This responsibility includes reviewing, posting and creating journal entries, reviewing, and approving various transactions, reconciling GL (General Ledger) accounts, posting and reconciling payroll and benefit accounts. Ensuring a timely and accurate monthly closing process. The incumbent will review revenue grant agreements and revenue contracts to determine the timing of revenue recognition. This position will partner with Grants and Compliance, Client Finance & Decision Support, Intermediary, and Finance teams.
RESPONSIBILITIES
Process owner for a portfolio of general ledger accounts. Accrues, defers, reconciles, and analyzes transactions for these accounts. Preparation of supporting work papers for accounting entries.Manages the month end close. Oversee the monthly reconciliation of GL accounts. Review/Approve reconciliations prepared by other accounting staff as part of the monthly close peer-review process.Analyzes financial statements trends and variance to identify missing or incorrect accounting entries.Research accounting standards and practices.Approve invoices and journal entries made by our finance and grant teams, ensuring that revenue is recognized in the correct period and the correct GL account is referenced.Analyze CP (Community Partners) financial statements at month end to ensure accurate reporting based on accrual accounting by month end closes.Project financial statement review and reconciliation.Fulfill audit requests.Identify, reconcile, and resolve accounting inaccuracies.Train finance and Grants Liaisons to understand accounting transactions.Create accruals, deferrals, and reclasses as appropriate to present financials fairly and compliant with funder requirements.Ensure compliance with GAAP and applicable government regulations.Perform other duties and projects as necessary or as assigned.QUALIFICATIONS
A minimum of 5 years of experience in an accounting role that includes managing the month-end close process.Bachelor's degree in accounting, finance, or related field (CPA or candidate/ MBA preferred)Non-profit or government experience required.Payroll and Payroll GL experienceAbility to work accurately and independently.Experience working with accounting software programs (ERP/NetSuite experience is a plus).Advance Excel (X and V Lookups, Pivot, etc.). Data analysis experience with an eye for detail.Possessing problem solving skills; detail oriented; and excellent communication skills.Working knowledge of FASB codification and updates, such as ASC 606, ASC 958.605, and ASU 2018-08.
PHYSICAL
The employee is regularly required to sit for extended periods of time, frequently required to walk and stand. The employee must also use his/her hands to operate and feel office equipment and reach with hands and arms. Employee may occasionally climb, stoop, kneel or bend. Employee may occasionally lift and/or move up to 20 pounds. Reasonable accommodation may be made to enable individuals with special needs to perform essential job duties.
Salary Description
$90,000.00 Annually
Full-time
Description
TITLE:
Senior Project Accountant
TEAM:
Accounting
REPORTS TO:
Accounting Manager
STATUS:
Full-time, Exempt
SUMMARY
As part of the GL Team, the incumbent is responsible for Community Partners and its partners. This responsibility includes reviewing, posting and creating journal entries, reviewing, and approving various transactions, reconciling GL (General Ledger) accounts, posting and reconciling payroll and benefit accounts. Ensuring a timely and accurate monthly closing process. The incumbent will review revenue grant agreements and revenue contracts to determine the timing of revenue recognition. This position will partner with Grants and Compliance, Client Finance & Decision Support, Intermediary, and Finance teams.
RESPONSIBILITIES
Process owner for a portfolio of general ledger accounts. Accrues, defers, reconciles, and analyzes transactions for these accounts. Preparation of supporting work papers for accounting entries.Manages the month end close. Oversee the monthly reconciliation of GL accounts. Review/Approve reconciliations prepared by other accounting staff as part of the monthly close peer-review process.Analyzes financial statements trends and variance to identify missing or incorrect accounting entries.Research accounting standards and practices.Approve invoices and journal entries made by our finance and grant teams, ensuring that revenue is recognized in the correct period and the correct GL account is referenced.Analyze CP (Community Partners) financial statements at month end to ensure accurate reporting based on accrual accounting by month end closes.Project financial statement review and reconciliation.Fulfill audit requests.Identify, reconcile, and resolve accounting inaccuracies.Train finance and Grants Liaisons to understand accounting transactions.Create accruals, deferrals, and reclasses as appropriate to present financials fairly and compliant with funder requirements.Ensure compliance with GAAP and applicable government regulations.Perform other duties and projects as necessary or as assigned.QUALIFICATIONS
A minimum of 5 years of experience in an accounting role that includes managing the month-end close process.Bachelor's degree in accounting, finance, or related field (CPA or candidate/ MBA preferred)Non-profit or government experience required.Payroll and Payroll GL experienceAbility to work accurately and independently.Experience working with accounting software programs (ERP/NetSuite experience is a plus).Advance Excel (X and V Lookups, Pivot, etc.). Data analysis experience with an eye for detail.Possessing problem solving skills; detail oriented; and excellent communication skills.Working knowledge of FASB codification and updates, such as ASC 606, ASC 958.605, and ASU 2018-08.
PHYSICAL
The employee is regularly required to sit for extended periods of time, frequently required to walk and stand. The employee must also use his/her hands to operate and feel office equipment and reach with hands and arms. Employee may occasionally climb, stoop, kneel or bend. Employee may occasionally lift and/or move up to 20 pounds. Reasonable accommodation may be made to enable individuals with special needs to perform essential job duties.
Salary Description
$90,000.00 Annually