What are the responsibilities and job description for the Senior Accountant position at Kiwanis?
Job Type
Full-time
Description
NOTE : This position is required to work in the Indianapolis office three days per week.
This position requires a strong background in not-for-profit accounting as well as strong computer skills. Prepares, examines, interprets and analyzes complex accounting records and financial statements, including general accounting, costing and budget data. Responsible for general ledger management, reconciliation and analysis of pledge receivables, account and bank reconciliations, maintenance of subsidiary ledgers, restricted asset releases, daily analysis of cash, investigation, and resolution of account irregularities. Responsible for the accurate and timely reporting of financial statements.
ESSENTIAL FUNCTIONS :
- Prepares and reviews the organization's financial statements in accordance with GAAP and FASB
- Provide technical support and advice on new accounting standards and pronouncements
- Prepares P&L variance reports and suggest ways to reduce spending
- Analyzes and research variances in account balances
- Ability to streamline processes and improve efficiency
- Aid in capital budgeting
- Conduct periodic physical counts of inventory
- Assist in the creation of standard operating procedures (SOP) and the monitoring of a system of controls
- Prepares ad-hoc financial reports for the board of trustees
- Resolves banking issues, including the processing of bank account transfers
- Monitors bank accounts (domestic and international) to identify excess funds for opportunities to improve investment income and cash flow
- Prepare / coordinate all necessary journal entries
- Maintain Chart of Accounts, Department Checklists and subsidiary ledgers
- Oversee the General Ledger to ensure information being posted is accurate with supporting documentation
- Audit preparation and support, including the preparation of audit schedules and worksheets
- Fund accounting management, including the preparation of entries for the release of restricted assets
- Supports management in the preparation of the annual operating budgets.
- Prepares cash analysis, including cash flow forecasts.
- Responsible for reconciliation and record keeping of all investment accounts.
- Responsible for the reconciliation of complex, foreign currency bank accounts, including resolution of open items.
- Analysis and reconciliation of general ledger accounts, including intercompany accounts
- Identifies opportunities to streamline processes to ensure accuracy and timeliness.
- Assist with preparation and filing of property and tax returns (1099s, 990s, etc.)
- Responsible for overseeing relationships with foundation staff and international subsidiaries to facilitate timely and accurate reporting
OTHER FUNCTIONS :
Requirements
Educational requirements :
Experiential requirements :
Required skills :
Other requirements :
WORKING CONDITIONS / OTHER INFORMATION :
