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Staff accountant

Tech Town Detroit

Detroit (MI)

On-site

USD 70,000 - 81,000

Full time

3 days ago
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Job summary

TechTown Detroit is seeking a staff accountant to manage financial records and ensure compliance with internal controls. The role involves disbursements management, payroll processing, and monthly close activities. Candidates should have a strong accounting background, preferably in nonprofit organizations, and possess leadership skills. The position offers a hybrid work arrangement and generous benefits.

Benefits

Health and dental plans
Vision insurance
Life insurance
Short-term disability
401(k) plan
5 Weeks of paid time off
23 paid holidays
10 Paid Mental Health Days
$2500 Professional development stipend
Paid parental leave

Qualifications

  • 5-10 years of experience in nonprofit accounting.
  • Preference for candidates with nonprofit organization experience.

Responsibilities

  • Manage financial records for TechTown Detroit and Tech One Holding.
  • Oversee Accounts Payable system and ensure compliance with internal controls.
  • Prepare monthly bank account and investment reconciliations.

Skills

Leadership
Communication
Entrepreneurial mindset

Education

Bachelor’s degree in accounting

Tools

Microsoft Office
Bill.com
QuickBooks

Job description

Description

TechTown is Wayne State University’s entrepreneurship hub. We empower Detroit-based startups and local businesses by providing resources, collaborative workspace and education for entrepreneurs that will further accelerate inclusive economic development across Detroit.

About the Opportunity:

TechTown Detroit is seeking a staff accountant to work closely with the Sr. Director of Finance and Compliance to manage financial records for TechTown Detroit and Tech One Holding.

The Impact You Will Make:

Disbursements and Receipts Management:

  • Serve as the primary administrator for the Accounts Payable system (AP) and Bill.com.
  • Assist departments with documentation and invoice posting.
  • Handle 1099 contractor administration and ensure appropriate documentation.
  • Ensure synchronization between the AP system and the general ledger.
  • Assist with cash application and documenting receipts of funds.

Credit Card Software Management:

  • Oversee the Bill Spend and Expense platform for reimbursements and credit cards.
  • Provide training and cardholder support.
  • Review expenditure classifications and individual credit limits.

Payroll and Journal Entries:

  • Process Payroll
  • Post bi-weekly payroll and allocation journal entries into the accounting system.
  • Liaison with the HR department for payroll and benefit-related expenses.

Fixed Assets:

  • Maintain the company’s fixed asset register.
  • Prepare the monthly journal entries to record depreciation.
  • Assist with evaluating expenses for capitalization in accordance with the company’s policy.
  • Assist with an annual review of assets to be disposed of.

Reconciliations:

  • Prepare timely and accurate monthly bank account and investment reconciliations.
  • Reconcile intercompany transactions and fixed asset accounts.

Monthly Close:

  • Perform accruals as necessary.
  • Perform monthly journal entries related to prepaid expenses.
  • Perform monthly journal entries related to revenue recognition.

Internal Controls and Documentation:

  • Ensure compliance with audit and internal control policies through proper documentation.
  • Assist in developing, implementing, and maintaining internal controls.

Requirements

What You Will Bring to the Table:

  • Bachelor’s degree in accounting
  • 5-10 years of experience in nonprofit accounting, including general ledger maintenance and accounts payable.
  • Entrepreneurial mindset with strong leadership skills.
  • Commitment to supporting the vision and mission of TechTown Detroit.
  • Proven ability to communicate clearly, perform under pressure, and work efficiently both independently and as part of a team.
  • Preference for candidates with nonprofit organization experience.
  • Proficiency in Microsoft Office, Bill.com, QuickBooks, or similar financial software.
  • Preference for candidates with Intuit Bookkeeping Certification and QuickBooks Online Level 1 Certification.

Salary:

The budgeted salary range for this position starts at $70,000 and may be adjusted according to qualifications and experience.

The Perks:

TechTown offers generous health and dental plans as well as vision, life insurance, short-term disability, a 401(k) plan, and a team member assistance program. Full-time team members also receive:

  • 100% TechTown paid Life, STD, and LTD benefits
  • Wellness Inspired Workplace with a Wellness Program and onsite Wellness Room
  • 5 Weeks of paid time off per year
  • 23 paid holidays (including 2 weeks in December and 1 week in July)
  • 10 Paid Mental Health Days per year (one per month)
  • $2500 Professional development stipend
  • Retirement plan with employer matching up to 6%.
  • Paid parental leave
  • Creativity and innovation supported and encouraged by leadership
  • Fulfillment and the knowledge of having made an impact in Detroit’s economic growth

Work Arrangements:

This position offers a hybrid work arrangement, combining scheduled in-office and remote days, with required in-person collaborative meetings.

Accessibility:

At TechTown Detroit, we are committed to fostering an inclusive, accessible environment, where all team members, clients, and tenants feel valued, respected and supported. We are dedicated to building a workforce that reflects the communities in which we live in and serve, and creating an environment where everyone has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email our Human Resources department at hr@TechTownDetroit.org. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

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