Financial Accountant

Liturgy-Training-Publications; Chicago (IL); On-site; USD 58,000 - 65,000; Full time

Job summary

Liturgy Training Publications is seeking a Financial Accountant to record and monitor financial assets and liabilities, process payables, assist with receivables and payroll, and provide monthly and annual financial results aligned with GAAP.

The role serves the executive team on budgeting, financial performance analysis, and tax reporting, requiring strong detail orientation and organizational skills. Located in Chicago with competitive compensation.

Qualifications

• Degree in Accounting or related field, and/or minimum of 5 years' experience in financial management.
• Understanding of GAAP and the implications on financial operations.
• Previous exposure to purchasing and inventory control systems.
• Experience analyzing financial reports and other measures, providing recommendations to management.
• Computer proficiency, Microsoft Office Suite and QuickBooks.
• Experience in creating financial and management reports.
• Strong interpersonal and office skills.
• Knowledge of publishing industry, royalty processing, and accounts receivable a plus.
• Must demonstrate understanding, respect and support for Catholic Church teaching, mission and values.

Responsibilities

• Record, monitor and administer all financial assets and liabilities of the organization; keeping Executive Team informed of standard accounting procedures.
• Maintain all corporate bank accounts, transfer funds between savings and checking as appropriate; keep leadership abreast of transfer needs and bank reconciliation issues.
• Create the annual FY Budget and provide source information to directors for expense and revenue projections.
• Process payables on schedule using the designated method and ensure expenses are recorded to the correct category.
• Administer payroll processing in a timely, accurate, and confidential manner.
• Create and maintain organizational financial statements and sales performance reporting for directors' review; provide insights and recommendations.
• Prepare and process the annual 1099 forms and other tax-related reports.

Skills

GAAP knowledge

Financial analysis

Excel

Budgeting

Communication

Organization

Education

Accounting degree or related field

Tools

Microsoft Office Suite

QuickBooks

Job description

The Archdiocese of Chicago, the third largest in the United States, serves more than 2.2 million Catholics in 216 parishes in Cook County and Lake County, a geographic area of 1,411 square miles. The Archdiocese, pastored by Cardinal Blase J. Cupich, has more than 13,000 employees in its systems and ministries, including Catholic Charities, the region's largest nonprofit social service agency. The Archdiocese also has one of the country's largest seminaries. The Archdiocese's 150+ elementary and secondary schools comprise one of the largest U.S. private school systems. Its schools have received 96 U.S. Department of Education Blue Ribbon Awards.

LTP is a premier publisher of liturgical and pastoral materials in English and Spanish. Established by the Archdiocese of Chicago in 1964, LTP promotes the liturgical formation of the faithful called for by Sacrosanctum concilium of the Second Vatican Council. Dedicated to developing resources for the assembly, clergy, liturgical ministers, and all who study the liturgy, LTP produces books, videos, workshops, and other training materials so all the faithful may "become thoroughly imbued with the spirit and power of the liturgy" (SC, 14).

LTP is seeking aFinancial Accountantto record and monitor the financial assets and liabilities of the organization, ensure the timely processing of payables, assist with processing of receivables and issuance of credit, and to provide an accurate accounting of financial results monthly and annually relative to budgeted expectations. This role serves as a resource for the executive team in the areas of financial performance, budgeting and the proper application of GAAP. If you enjoy accounting and are organized and possess a strong attention to detail, you're a good fit for our organization.

Key Responsibilities:

As a member of the Finance team, and direct support of the management team, you'll help ensure the financial health and accounting practices of the organization. Your responsibilities will include:

• To record, monitor and administer all financial assets and liabilities of the organization; keeping Executive Team informed of standard accounting procedures that conform with GAAP.
• To maintain all corporate bank accounts, transferring funds between savings and checking as appropriate; keeping Publisher and Executive Director and Director of Business Operations abreast of transfer needs and bank reconciliation issues.
• To serve as the primary person responsible for the creation of the annual FY Budget, providing the needed source information to directors for expense and revenue projections along with responsibility for forecasting assigned revenue and expense items.
• To process payables on schedule using the designated payment method and ensure all expenses are recorded to the correct expense category.
• To administer the processing and disbursement of payroll in a timely, accurate and confidential manner, ensuring all withholding and voluntary deductions are accurate.
• To create and maintain on a determined schedule the organizational financial statements and sales performance reporting for directors' review, providing insights and recommendations based on the reports.
• To prepare and process the annual 1099 forms and all other tax-related reports; submitting to Director of Business Operations all those requiring a signature.

Qualifications:

We are looking for a self-motivated, organized, and detail-oriented individual that understands accounting and financial analysis. Other qualifications include:

• Degree in Accounting or related field, and/or minimum of 5 years' experience in financial management.
• Understanding of GAAP and the implications on financial operations.
• Previous exposure to purchasing and inventory control systems.
• Experience analyzing financial reports and other measures, providing recommendations to management.
• Computer proficiency, Microsoft Office Suite and QuickBooks.
• Experience in creating financial and management reports.
• Strong interpersonal and office skills.
• Knowledge of publishing industry, royalty processing, and accounts receivable a plus.
• Must demonstrate understanding, respect and support for Catholic Church teaching, mission and values.

The Archdiocese of Chicago offers a comprehensive total rewards package to include competitive compensation and benefit programs. Information about our benefit programs is available here .

This position has an annualized salary range of $58,000 - $65,000. An employee's pay within the salary range will be based on many factors including but not limited to relevant education, qualifications, experience, skills, geographic location, and organizational needs.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.