Responsible for directing, coordinating, maintaining and controlling an accounting system that properly reflects the financial position of the organization in accordance with generally accepted accounting principles and with financial management practices appropriate for non-profit organizations.
Some of the duties include:
Supervise the overall operations of the accounting function to enforce and ensure consistent application of generally accepted accounting principles and organization policies.
Ensure accounting policies and procedures are followed in the accounting department and also in other departments to ensure all transactions follow GAAP.
Responsible for the monthly closing process: maintain list of required journal entries; ensure completion and accuracy of journal entries; provide accurate and timely summaries; and complete all assigned bank reconciliations and account reconciliations.
Prepare the monthly financial package including Income Statement, Balance Sheet, Variance Analysis, and Operational Dashboard.
Manage the general ledger system. Each month, export the actual revenue and expense detail into the Powerplan Budget software. Ensure the actual data in Powerplan balances to the general ledger. Direct the monthly budget variance reporting process with the management staff using the data in Powerplan.
Ensure financial compliance and reporting with all internal and external sources (i.e., governmental agencies, Feeding America and other revenue-based contracts). Review all reports prior to submission to governing authorities to ensure accuracy and timeliness of submission.
Responsible for tracking spending on restricted gifts throughout the year and preparing the year end Net Asset roll forward.
Coordinate the annual audit. Ensure the accounting records and reports are in compliance with GAAP and government regulations. Assist external auditors as appropriate.