What are the responsibilities and job description for the Staff Accountant - Onsite position at Illinois Action for Children?
ABOUT US:
Illinois Action for Children (IAFC), a local, state, and national leader in the early childhood care and education sector for over 50 years. IAFC programs, services, and advocacy improve learning and life outcomes for children and families, including reducing the effects of poverty. IAFC works to ensure that every child in Illinois particularly those in need have access to the necessary resources to succeed in school and in life.
Along with our mission, IAFC is committed to building and maintaining a diverse, equitable, inclusive, and anti-racist culture. We are dedicated to this pledge through our hiring practices and our focus on creating a culture and environment where diverse perspectives, ideas, and identities are valued and integrated into our way of working and servicing our staff and clients. IAFC staff represent a wide diversity of racial, socio-economic, gender, religious, and national identities. We welcome all applicants who share our mission and vision to join us in our essential work.
SUMMARY:
Under the direction of the Director of Finance, the Staff Accountant performs the month-end closing process, preparation/distribution of monthly expenditure reports, maintains fixed assets system, prepares monthly bank reconciliation, assists with the budget preparation, and maintains detailed accounting records of all agencies financial transactions. All work to be completed with minimum supervision and in accordance with organization standards.
This incumbent will be expected to promote and adhere to the workplace core capabilities of: accountability, customer focus, continuous quality improvement (CQI), communication, competent people and clear priorities. All work to be completed with minimum supervision and in accordance with organizational standards.
ESSENTIAL DUTIES AND RESPONSIBILITIES include but are not limited to the following. The organization reserves the right to add to, delete, change, or modify the essential duties and responsibilities at any time.
- Prepare monthly bank reconciliations for checking account and food program account. Ensure timely and accurate bank reconciliation on all bank accounts.
- Perform month-end close and records end of month journal entries allocation of advance/deferred revenue to close monthly accounting cycle.
- Prepare assigned account reconciliations and detailed financial analysis.
- Prepare and distributes monthly budget comparison reports for selected managers.
- Maintain Fixed Asset System - prepares/records fixed assets monthly depreciation expense.
- Work with all levels of staff to explain budget variances and financial information.
- Provide accounting support to IAFC departments.
- Assist in preparing invoices/vouchers for contract payments due and/or for services rendered.
- Assist in preparing quarterly Board of Directors reports.
- Assist in annual budget preparation including analysis of trends and forecasting.
- Assist in the preparation year end schedules for the agencys annual fiscal audits.
- Ensure proper maintenance of ledgers, journals, files, documents, and reports for all income and expenditures related to agency programs/departments.
- Schedule visits to sub-contractor sites to ensure fiscal compliance.
- Monthly and/or Quarterly meetings with Program Directors to identify, discuss and/or correct budget variances.
- Execute our workplace core capabilities: accountability, customer focus, continuous quality improvement (CQI), communication, competent people, and clear priorities.
- Other Functions: The organization may assign other functions to the job at its discretion.
EDUCATION and/or EXPERIENCE:
- Bachelors Degree in Accounting, Business Administration or related field required.
- 3-5 years experience in General Accounting required.
- Proficiency in using Spreadsheets, Word Processing.
OTHER SKILLS AND ABILITIES:
- Ability to multi-task
- Organizational skills
- Strong written and verbal skills
- Excellent customer service skills
- Excellent attention to detail
- Team Player
Benefits of Working at IAFC:
- Working with passionate team members that are driven by our Mission: Illinois Action for Children is a catalyst for organizing, developing, and supporting strong families and powerful communities where children matter most.
- We strive to foster and implement a culture of diversity, equity, and inclusion across our organization. We know it is not only critical to the success of diversity initiatives - but instrumental in creating an unbiased and inclusive workplace! It not only relates to the diverse clients we serve but also creates a positive employee experience.
- We offer an extensive benefits package that adds value to your total compensation. Our benefits include:
- Health, dental, and vision insurance plans with a company contribution of 95% for single coverage
- 401k with company match
- Generous PTO first year-23 days, the second year-28 days, the third year and on - 35 days
- 11 Paid Holidays and 1 Floating Holiday
- Tuition Reimbursement
- Flexible Spending Account
- STD & LTD insurance
- Company-paid Life Insurance
Salary: $53,000 (annualized) based on background and experience
Location: Chicago, IL
Illinois Action for Children is EEO/M/F/V/D employer
While we desire for this job posting to be comprehensive, all aspects of the position may be amended at any time at the discretion of IAFC including job duties, work location and/or work schedule.
Salary : $53,000
