Accounting Manager

Nacba; Chicago (IL); On-site; USD 85,000 - 110,000; Full time

Job summary

Lakeside Community Committee in Chicago seeks an Accounting Manager to oversee accounts payable and accounts receivable, assist with monthly vouchering for grants, bank reconciliations, and general ledger analysis. The accounting manager will also support the CFO in preparation of monthly financial statements, cost allocations, annual budget, agency audit, and other grantor audits.

The role requires a Bachelor's degree in accounting (CPA preferred) and 5-7 years of nonprofit accounting

Qualifications

• Bachelor's degree in accounting; CPA preferred.
• 5-7 years progressive accounting experience, nonprofit sector preferred.
• Supervisory experience required.
• Excellent communication and people skills.
• Proficient in Microsoft Office and QuickBooks; knowledge of GAAP and nonprofit regs.

Responsibilities

• Develop and implement internal financial controls and policies.
• Maintain accounting databases and ensure accuracy of defaults and controls.
• Supervise senior and junior accountant; oversee AP/AR onsite teams.
• Process vouchers, bank reconciliations, and GL analyses.
• Assist CFO with monthly/quarterly close, budgets, and audits.
• Prepare quarterly grant reports and ensure compliance with grantor requirements.
• Input annual budget in QuickBooks and monitor variances.

Skills

Leadership

Communication

Nonprofit accounting

Problem solving

Education

Bachelor's degree in accounting

CPA preferred

Tools

QuickBooks

Microsoft Office

Excel

Access

Job description

Founded in 1964, Lakeside Community Committee is a leading provider of foster care and group homeservices in the Chicagoland area. Our supportive work environment enables Our skilled and committed staff todeliver high-quality services to clients.

The Accounting Manager provides accounting support for the agency. The position will manage accountsreceivable, accounts payable, monthly vouchering for grants, bank reconciliations, and general ledgeraccount analysis. The accounting manager will also support the CFO in preparation of monthly financial statements, cost allocations, annual budget, agency audit, and other grantor audits.

Essential Duties and Responsibilities

• Develop, recommend, and implement internal financial controls and policies to safeguard LCC's assets.
• Maintain accounting databases to ensure systems and controls are efficient and accurate according to theaccepted accounting principles and internal control policies.
• Supervise senior and junior accountant.
• Supervise the Accounts Payable 'Accounts Receivable onsite team. Work closely with both teams to fosterand maintain a strong relationship with internal and external stakeholders. process orders for supplies,including maintenance supplies. furniture for LCC buildings and client request submitted by case managers.
• Ensure that monthly vouchers are prepared, submitted and reconciled on a timely basis. Responsible for thereconciliation of AIP and AIR balance sheet account monthly.
• Prepare a semi-monthly payroll worksheet. Reconcile with submitted time sheets.
• Collaborate with program staff managers to ensure that all expenditure complies with the agency's budgetand grant agreements.
• Reconcile monthly bank statements and investigate any discrepancies.
• Assist CFO with the monthly, quarterly, and annual financial close process in addition to annual audit,
• Prepare quarterly reports for group homes. Manage agency's credit card Ensure the accurate and timely processing of ACH and positive pay transactions.
• Support audit activities including preparation of annual audit work papers and schedules Oversee 1099 reporting and filing.
• Analyze financial statements against LCC's budget to monitor financial performance and budget variances.
• Prepare and review monthly account analyses, including validation Of accounts receivable. Report significantbudget variances to the CFO and collaborate on explanations and corrective strategies.
• Assist CFO in preparing budgets for grant proposals, contracts, and Other new initiatives. Assurescompliance with all grant reporting requirements.
• Input the organization's annual budget in QuickBooks.

Education and Requirements

• Bachelor's degree in accounting, CPA preferred
• 5-7 years of progressive experience in accounting, preferably in nonprofit
• Supervisory experience required
• Effective communication and people skills.
• Ability to work with staff at all levels.
• Advanced computer skills with proficiency in Microsoft Office (Word, Excel. Outlook, and Access) andQuickBooks
• Extensive knowledge of federal and state financial regulations, Detail oriented with ability toanalyze financial data and make projections based on the results.
• Good understanding of non-profit accounting principles and practices.