Our client within the non-profit space is looking to add an Accounting Analyst to their team. This is a 12 month maternity leave contract position.
The Accounting Analyst plays a key role in managing financial records related to revenue and investments, ensuring accurate reporting and compliance with Generally Accepted Accounting Principles (GAAP) and internal policies. This position supports both internal teams and external stakeholders, including donors, brokers, investment managers, custodians, and bankers, with a focus on investment-related transactions. Reporting to the Associate Director of Accounting, the Accounting Analyst helps ensure smooth financial operations and accurate financial reporting.
Key Responsibilities:
- Record and reconcile investment transactions from custodian reports, ensuring accuracy before posting to the general ledger.
- Prepare and analyze investment-related audit schedules on a monthly basis, reconciling reports from investment managers and custodians.
- Perform monthly reconciliations of key balance sheet accounts, including bank and investment accounts.
- Assist in the preparation and review of audit documentation for the annual financial audit.
- Review and process payments for investment management fees, ensuring alignment with contractual agreements and custodian reports.
- Coordinate with investment managers and custodians to facilitate fund reallocations and ensure timely transaction processing.
- Provide donors and brokers with instructions for securities transfers, review documentation, and authorize transactions as necessary.
- Process and record gifts of securities, collaborating with internal teams to ensure proper documentation and system entries.
- Monitor daily cash balances and reallocate funds between bank and investment accounts as needed.
- Notify relevant teams of incoming wire transfers and ensure proper recording of revenue.
- Reconcile revenue across multiple systems, ensuring consistency between donor databases, bank records, and financial systems.
- Calculate and post monthly financial adjustments related to revenue and investments.
- Use financial software to allocate investment income and manage endowment fund distributions on a quarterly basis.
- Contribute to process improvements within the finance department by identifying inefficiencies and implementing approved changes.
- Support the Associate Director of Accounting with special projects, financial reporting, and other ad hoc tasks.
Key Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field, or equivalent work experience.
- Understanding of investment markets and financial principles.
- Strong analytical abilities with experience in financial analysis.
- Familiarity with accounting practices in the charitable sector and general business operations.
- Advanced proficiency in Microsoft Excel.
- Excellent judgment and problem-solving skills.
- Solid understanding of Generally Accepted Accounting Principles (GAAP).
- Strong communication and interpersonal skills.
- Exceptional organizational skills with the ability to manage multiple tasks effectively.
- Experience with Raiser’s Edge, Blackbaud CRM, and Financial Edge is a plus.
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