Accountant

Company: Company Confidential
Location: Quincy
Posted on: February 15, 2021

Job Description:

Position Summary The Accounts Receivable (AR) Accountant will primarily focus on the proper recording of the revenue for our complex non-profit organization. As an essential member of the Finance team, the AR Accountant will be responsible for processing corporate accounts receivable transactions, assisting in the month end close process, including reconciling multiple bank and investment accounts. Essential Duties and Responsibilities Work closely with other members of the finance team and organization to ensure cash receipts and various other transactions are recorded on time and correctly each month. Properly record the various sources of revenue of the organization, through accurate and timely processing of invoices according to non-profit Generally Accepted Accounting Principles (GAAP) including: * Donations for patient assistance (PAP). * Invoices for program fees and the administration fees of the clinical travel and lodging program. * Annual corporate membership dues. * Invoicing for sponsorship of different programs and events. * Invoices for various other services and donations. * Invoicing for quarterly/annual Registry customers. Responsible for recording any activity associated with the organization's investment accounts on a monthly basis. On a monthly basis, review the accounts receivable aging reports and issue past due statements to the customers/donors. Inform the respective department managers and VP of Finance of any past due accounts. Each month, reconcile the various bank and investment account statements to the month end trial balance. Resolve any variances and if necessary, record the applicable journal entries. Update unclaimed property files to third party and review due diligence letters and state reports. Responsible for month-end and year-end close tasks, which includes the following responsibilities: * Reconcile the various bank account and investment statements to the trial balance, resolve and record any necessary journal entries. * Ensure accounts receivable, deferred revenue, net asset and related revenue work papers are accurately prepared and reconciled to the trial balance. * Assist with the preparation of the reports to the Finance Committee and Board of Directors. * Assist with the preparation of the various work papers and schedules requested by the auditors. * Record the monthly depreciation expense. * Prepare the revenue flux analysis. Identify opportunities for improvement of processes to reduce costs, improve the month-end close time and increase revenue and customer satisfaction. Assist with external and internal audit requirements. Each year assist with the preparation of the Form 990 and other annual filings. Maintain and update accounting policies and procedures. Perform other duties and functions as assigned. Education/Experience Bachelor's Degree in Accounting or Finance, and a minimum of 3 years of accounting experience, preferably with a not for profit organization. Hands-on experience with accounting software packages, experience with Abila MIP accounting system is preferred. Knowledge, Skills and Abilities Strong understanding of non-profit Generally Accepted Accounting Principles (GAAP), especially as it relates to recognition of revenue. Excellent organization skills, attention to detail and accuracy required. Aptitude for numbers and quantitative skills. Advance Microsoft Excel skills, including how to use formulas that contain vlookups and xindex, and how to create and use pivot tables. Good time management skills with the ability to meet multiple deadlines. Strong analytical and problem-solving skills with the ability to work independently and with a team. Willingness to improve accounting operations. Strong customer service and communication skills. This role requires onsite work, but one day remote work is permitted. Social distancing and COVID protocols are followed in the workplace. The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. No relocation or sponsorship is provided.

Keywords: Company Confidential, Quincy , Accountant, Accounting, Auditing , Quincy, Massachusetts