Senior Accountant: Grants, Consolidations & GAAP Expert

CHICAGO COMMUNITY LOAN FUND; Illinois; On-site; USD 70,000 - 100,000; Full time

Job summary

Chicago Community Loan Fund seeks a Senior Accountant to provide advanced accounting support, manage subsidiary accounting, and assist with monthly, quarterly, and annual financial reporting. The role focuses on GAAP compliance, consolidation, and program/grant accounting within a nonprofit finance environment.

The Senior Accountant will collaborate across departments, review complex journal entries and reconciliations, and assist with audits.

Qualifications

• Must have strong working knowledge of GAAP.
• Experience with consolidation and intercompany accounting is required.
• Experience reviewing reconciliations, journal entries, and schedules.

Responsibilities

• Manage all subsidiary accounting, including intercompany transactions and consolidation for subsidiaries and providing subsidiary financial statements and assisting with consolidated reporting.
• Review reconciliations, journal entries, and schedules for staff accountants, ensuring GAAP compliance.
• Review and approve Accounts Payable, ensuring compliance with internal policies.
• Own program accounting, track and report program revenues and expenses.
• Ensure grants are recorded and drawn down per grant agreements and budgets.
• Prepare monthly, quarterly, and annual financial reports and schedules with CFO/Director of Accounting.
• Assist with audits and gather documents for annual audits.
• Research company changes and their GAAP implications.
• Maintain knowledge of generally accepted accounting principles and procedures.

Skills

GAAP knowledge

Consolidation

Intercompany transactions

Accounts payable

Financial reporting

Grant accounting

Job description

Chicago Community Loan Fund seeks a Senior Accountant to provide advanced accounting support, manage subsidiary accounting, and assist with monthly, quarterly, and annual financial reporting. The role focuses on GAAP compliance, consolidation, and program/grant accounting within a nonprofit finance environment.

The Senior Accountant will collaborate across departments, review complex journal entries and reconciliations, and assist with audits.