Senior Project Accountant

The Organization
Community Partners offers expert guidance, essential services, and a strong dose of passion to help foster, launch, and grow creative solutions to community challenges. For almost 30 years, hundreds of individuals, groups, foundations, and other institutions have worked with Community Partners to create new nonprofit projects, establish coalitions, and manage major philanthropic initiatives to benefit the region.
Across all program areas, Community Partners works toward our organizational vision: A vibrant society in which individuals and institutions use knowledge, resources, and relationships to build equitable, democratic, and thriving communities.
Our work includes:
Intermediary Programs
We help foundations, corporations, government agencies and other institutions achieve greater impact.
Fiscal Sponsorship
We provide the structure, finance and administrative services, expert counsel that help nonprofit leaders succeed.
Knowledge Sharing
We offer workshops, reports, speaking engagements and a range of publications to help strengthen the field.
Community Partners today works with upwards of 180 projects and initiatives and manages roughly $90 million in revenues annually. Our work spans the fields of civic engagement, arts and culture, education, racial and social justice, health, public policy, social services, and youth. To learn more, please visit us at .
THE POSITION
As part of the GL Team, the incumbent is responsible for Community Partners and its partners. This responsibility includes reviewing, posting and creating journal entries, reviewing, and approving various transactions, reconciling GL (General Ledger) accounts, posting and reconciling payroll and benefit accounts. Ensuring a timely and accurate monthly closing process. The incumbent will review revenue grant agreements and revenue contracts to determine the timing of revenue recognition. This position will partner with Grants and Compliance, Client Finance & Decision Support, Intermediary, and Finance teams.
Requirements
RESPONSIBILITIES
• Process owner for a portfolio of general ledger accounts. Accrues, defers, reconciles, and analyzes transactions for these accounts. Preparation of supporting work papers for accounting entries.
• Manages the month end close. Oversee the monthly reconciliation of GL accounts. Review/Approve reconciliations prepared by other accounting staff as part of the monthly close peer-review process.
• Analyzes financial statements trends and variance to identify missing or incorrect accounting entries.
• Research accounting standards and practices.
• Approve invoices and journal entries made by our finance and grant teams, ensuring that revenue is recognized in the correct period and the correct GL account is referenced.
• Analyze CP (Community Partners) financial statements at month end to ensure accurate reporting based on accrual accounting by month end closes.
• Project financial statement review and reconciliation.
• Fulfill audit requests.
• Identify, reconcile, and resolve accounting inaccuracies.
• Train finance and Grants Liaisons to understand accounting transactions.
• Create accruals, deferrals, and reclasses as appropriate to present financials fairly and compliant with funder requirements.
• Ensure compliance with GAAP and applicable government regulations.
• Perform other duties and projects as necessary or as assigned.
QUALIFICATIONS
• A minimum of 5 years of experience in an accounting role that includes managing the monthend close process.
• Bachelor's degree in accounting, finance, or related field (CPA or candidate/ MBA preferred)
• Non-profit or government experience required.
• Payroll and Payroll GL experience
• Ability to work accurately and independently.
• Experience working with accounting software programs (ERP/NetSuite experience is a plus).
• Advance Excel (X and V Lookups, Pivot, etc.). Data analysis experience with an eye for detail.
• Possessing problem solving skills; detail oriented; and excellent communication skills.
• Working knowledge of FASB codification and updates, such as ASC 606, ASC 958.605, and ASU 2018-08.
PHYSICAL
The employee is regularly required to sit for extended periods of time, frequently required to walk and stand. The employee must also use his/her hands to operate and feel office equipment and reach with hands and arms. Employee may occasionally climb, stoop, kneel or bend. Employee may occasionally lift and/or move up to 20 pounds. Reasonable accommodation may be made to enable individuals with special needs to perform essential job duties.
Salary:
$90,000/year DOE
Benefits
Benefits include paid holidays and vacation, a 403(b) plan with employer match, medical, dental, vision, flex spending, and a range of professional development opportunities. Community Partners has a 9/80 work week option under which employees may elect to work 80 hours in 9 days and take every other Friday off (after completion of introductory period).
Community Partners® is an equal opportunity employer committed to a diverse and inclusive
workforce. In addition, the organization will consider for employment qualified applicants with
criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance
Initiative for Hiring.
Salary Description
90000 per year