Staff Accountant I

Socket.dev; Oakland (CA); Hybrid; USD 60,000 - 90,000; Full time

Benefits offered by this job

Vacation time

Sick leave

Floating holidays

Health insurance options

Dental and vision coverage

401(k) retirement plan

Paid sabbatical

Job summary

First Place for Youth in Oakland seeks an experienced accounting professional to join the Finance team. This role handles government contract invoicing, revenue recognition, payroll allocations, and monthly overhead reporting while supporting audits and compliance.

The ideal candidate has a bachelor’s degree in accounting, 2+ years in accounting (non-profit/government contracts a plus), and strong communication skills. The position is hybrid and located at headquarters.

Qualifications

• Bachelor’s degree in accounting.
• Minimum of 2 years’ experience in an accounting position; nonprofit or government contracts experience a big plus.
• Strong dedication to cultural competency that creates belonging.
• Proficient with Microsoft Office; experience with MIP (Sage) and Concur a plus.
• Excellent verbal and written communication skills.

Responsibilities

• Prepare monthly, quarterly or annual government contract invoices in accordance with contract terms and deadlines.
• Verify contract cost allocations and review GL coding for accuracy; correct unallowable expenses with Finance and other departments.
• Process revenue entries, reconcile to general ledger monthly, and manage year-end accounts receivable and deferred revenue.
• Update contract tracking with actual/estimated invoice amounts and coordinate with program managers on remaining contract funds.
• Support monthly payroll allocations and associated journal entries.
• Support monthly overhead allocations and ensure updates reflect headcount and structure.
• Assist with monthly schedule of net assets, record restricted donations, and monitor spend down.
• Assist with preparation for fiscal and government contract audits.

Skills

Strong communication

Attention to detail

Independent worker

Team collaboration

Cultural competency

Education

Bachelor's degree in accounting

Tools

MIP (Sage)

Concur

Excel

Job description

Are you dedicated to empowering and supporting youth, regardless of their background? We're searching for passionate individuals to make a positive impact on the lives of foster youth. Become an integral part of their transformative journey and join the First Place for Youth team.

About First Place for Youth, we’re a leading non-profit organization dedicated to supporting foster youth in their transition to adulthood, with a focus on education, employment, and housing. We believe that all young people deserve the opportunity to thrive and lead successful, independent lives. Our comprehensive programs empower foster youth to overcome the unique challenges they face and build the skills, confidence, and connections they need to succeed.

Why Work at First Place for Youth

• Meaningful Impact: Help to transform the lives of foster youth on the cusp of adulthood. Your role will support them in their journey to conquer challenges, achieve independence, and fulfill their aspirations.
• Innovative Approach:We thrive on innovation, pushing the boundaries of foster care support. Your voice here matters, and you’ll contribute to programs that redefine the futures of these young lives.
• Collaborative and Supportive Environment: Embrace a dynamic and supportive workplace, where every team member is valued. Together, we’re a force dedicated to uplifting youth. Expect professional growth, fueled by teamwork and collaboration.
• Comprehensive Benefits: We value the well-being of our employees and offer a comprehensive benefits package. From health and wellness benefits to retirement plans, we ensure that our team members are taken care of so they can focus on their important work supporting foster youth.
• Culture of Diversity and Inclusion: We celebrate diversity in every form. At First Place for Youth, inclusivity reigns, creating a workplace where all voices are heard, respected, and empowered.

POSITION OVERVIEW: This role reports to the Director of Finance and is part of a team responsible for the accounting and decision-support for all revenue from government contracts, private fundraising, and the organization’s national expansion. This includes government contract billing and collections, budgets, and audits. This is a customer facing role that requires excellent organization skills and attention to detail. This position is based at the organization’s headquarters in Oakland and is currently hybrid, but subject to change based on business needs.

DUTIES + RESPONSIBILITIES

• Prepare monthly, quarterly or annual government contract invoices in accordance with contract terms and deadlines.
  • Verify contract specific cost allocations and review GL coding for accuracy, correcting or removing unallowable expenses as needed. Collaborate within Finance and with other departments to correct coding of both revenue and expense. Ensure all appropriate backing documentation for each invoice is in place.
  • Process entries to record revenue in the accounting system, reconcile balances (current month and year-to-date) to the general ledger monthly. Ensure correct accounting for revenue including calculation of year-end accounts receivable and deferred revenue.
  • Update contract tracking spreadsheet with actual or estimated invoice amounts; coordinate with program managers on spending and answer questions about amounts remaining on individual contract lines.
• Provide support for preparation of the monthly payroll allocations and associated journal entries.
• Provide support for the preparation of the monthly overhead allocation tables.
  • Collaborate within Finance and other departments to make sure that allocations are correctly updated each month and reflect the most current organization headcount and structure.
• Support the preparation of the monthly schedule of net assets.
  • Record all new restricted donations for the month and ensure we have procedures in place to capture all related spend.
  • Record any releases to net assets during the month and monitor all balances to ensure we are spending down appropriately.
  • Assist with requests from Development for restricted grant reports.
• Assist with the preparation for the fiscal and government contract audits including preparation of audit schedules and collection of supporting documentation.
• Complete other tasks and projects as needed.
• Act as back up for other members of the Finance team as needed.
• Other duties as assigned.

QUALIFICATIONS

• Bachelor’s degree in accounting.
• Minimum of 2 years’ experience in an accounting position; experience working in a non-profit organization or with government contracts a big plus.
• A strong dedication to cultural competency that creates conditions that remove barriers and increase a sense of belonging.
• Strong computer literacy including Microsoft Office applications. Experience with MIP (Sage) and Concur a plus
• Excellent verbal and written communication skills.
• Ability to work effectively with minimal supervision and collaborate effectively across an organization.
• Detail oriented with excellent organization skills and ability to multi-task.
• Availability for occasional evening and weekend work and some travel as needed.

Benefits

• 15 days of vacation time in the first year
• 12 days of sick time
• 2 floating holidays
• 15 paid holidaysEmployee’s choice of Kaiser or UCH HMO/PPO with up to 90% of the premium covered by First Place on certain plans
• Principal dental and vision coverage with up to 90% of the premium covered by First Place
• Healthcare and Dependent care FSA plans
• Principal basic life and voluntary life insurance coverage
• Employee Assistance Program
• 401(k) retirement savings plan
• Paid sabbatical

*We do not offer relocation assistance Local candidates preferred

*Pay will be determined based on Education and Experience.

We are unable to sponsor work visas now or in the future.

First Place will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act, the San Francisco Fair Chance Ordinance, and applicable law. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. Find out more about the Fair Chance Act by visiting the California Civil Rights Department Fair Chance Act webpage or reviewing this guidance provide by the City of San Francisco. For additional information regarding your rights, please also review Summary of Your Rights Under the FCRA.