Staff Accountant

Rhode Island Commerce Corporation; Providence (RI); On-site; USD 50,000 - 70,000; Full time

Job summary

The Rhode Island Commerce Corporation is seeking a Staff Accountant to handle accounting and financial duties, ensuring accuracy in fiscal operations. Key functions involve managing accounts receivable and payable, grant accounting, and providing administrative support to the accounting team.

The ideal candidate will have a Bachelor's degree in a related field and a minimum of two years of relevant accounting experience. The position offers a full-time classification of 37.5 hours per week, providing opportunities for professional growth within a collaborative team environment.

Qualifications

• Minimum of 2 years of accounting, bookkeeping, or finance experience.
• Understanding of Generally Accepted Accounting Principles (GAAP).
• Experience preparing journal entries and performing account reconciliations.

Responsibilities

• Process accounts receivable activities for all entities.
• Assist with cash management including daily cash deposits.
• Perform accounts payable functions for maintaining vendor data.

Skills

Attention to detail

Time management

Customer service

Communication skills

Education

Bachelor's degree in Accounting, Finance, Business Administration, or a related field

Tools

Great Plains accounting software

Microsoft Excel

Microsoft Word

Outlook

Job description

The Staff Accountant performs professional accounting and financial administration duties in support of the Corporation’s fiscal operations, with responsibility for maintaining accurate financial records, supporting daily accounting operations, assisting with grant accounting and billing processes and other financial functions of RI Commerce Corporation and other related entities.

Position Functions

The essential functions and duties listed below are intended only as illustration of the various types of work that may be performed. The specific omission of specific statements of duties does not preclude them from the position if work is similar, related, or a logical assignment to the position.

Essential Functions

General Accounting & Accounts Payable

Process accounts receivable activities (billing and receipts for bond fees, rent, due from State etc.) for all entities, ensuring accurate and timely processing of all receipts.

Assist with cash management related functions, including the maintenance of the daily cash sheet, performing daily cash deposits, and processing loans and other payments in a timely manner.

Perform accounts payable related functions, including vendor maintenance, coordinating the annual 1099 process, preparing vouchers and data entering of payables for all entities, using Great Plains accounting software.

Assist with month‑end and year‑end close processes.

Assist in the preparation and posting of journal entries and general ledger transactions.

• Assist with the administration and accounting of grant-funded programs.
• Work closely with program leads to track grant expenditures and ensure compliance with funding requirements.
• Assist with grant invoicing and reimbursement requests.

Administrative & Team Support

• Respond to requests for financial information and supporting documentation.
• Participate in process improvement initiatives and special projects.
• Provide general accounting support to the Accounting Department as assigned.
• Help maintain internal controls and improve accounting processes.
• Dependable, confidential, trustworthy, flexible, and detail-oriented
• Ability to multi‑task, prioritize, organize, and manage time effectively
• Excellent written and verbal communication skills with strong attention to detail and accuracy.
• Demonstrated commitment to customer service and a collaborative team‑oriented approach.

Preferred Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 2 years of accounting, bookkeeping, or finance experience.
• Understanding of Generally Accepted Accounting Principles (GAAP).
• Experience preparing journal entries and performing account reconciliations.
• Proficiency in Microsoft Excel and accounting software systems.
• Experience with federal grant compliance and reporting
• Intermediate experience with Great Plains, Microsoft Excel, Word, Outlook, and CSC paymaster

Classification
Regular Full Time – 37.5 Hours per Week
Salary / Exempt

Reports to
CFO

The Rhode Island Commerce Corporation (the ‘Corporation’) is an Equal Opportunity Employer. The Corporation does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non‑disqualifying physical or mental disability, national origin, veteran status or any other basis covered by applicable law. All employment is decided on the basis of qualifications, merit, and business need. The Corporation will not tolerate discrimination or harassment based on any of these characteristics.