Staff Accountant Accounts Receivable

 

Position Title:                                 Staff Accountant           

Location:                                           HQ Washington, DC

Departments:                                 Finance

Reports to:                                       Director, Grants & Awards

Salary Range for US Based Staff: $55,463 - $65,250

 

Organization Overview:

Founded in 1968, Special Olympics is a global movement to end discrimination against people with intellectual disabilities. We foster acceptance of all people through the power of sport and programming in education, health, and leadership. With nearly four million athletes and Unified Sports® partners and one million coaches and volunteers in more than 170 countries, Special Olympics delivers more than 30 Olympic-type sports and nearly 50,000 games and competitions every year. Learn more at SpecialOlympics.org. 

 

 

Position Summary:

The Staff Accountant is responsible for the preparation, review and approval of day-to-day transaction processing, recording and reporting, and oversight of SOI’s general ledger accounting system and related modules in accordance with SOI established procedures in cooperation with the rest of the accounting department. In addition, the Staff Accountant will work with Finance management staff in the assessment and implementation of systemic business process improvements that promote greater efficiency and enhance internal controls. The position reports to the Director, Grants & Awards.  

 

Primary Responsibilities:

This position has responsibility for the maintenance of SOI’s grant management and select general ledger accounts and related activities in support of the production of financial statements and management performance reports. Key responsibilities include the following:

• Conduct monthly and quarterly account reconciliations and analyses as directed (bank, subsidiary, general ledger, prepaid, etc.) to ensure accurate reporting and ledger maintenance. Prepare journal entries with proper accounting classifications in accordance with generally accepted accounting principles;
• Responsible for accounts receivable which include preparing customer statements, bills, invoices; research customers’ accounts and make recommendations; generate monthly accounts receivable aging reports; investigate and resolve billing and account discrepancies;
• Reconcile direct mail and online revenue account; reconcile and record entry for the monthly close process; prepare and maintain schedules and financial support for annual audits; reconcile insurance and planned giving liability accounts;
• Monitor local and foreign accounts for payments, adjustments, interests, bank charges and transfers; reconcile local bank accounts; track foreign currency gains and losses; process credit card payments; and prepare weekly Cash Flow Statement;
• Record revenues by verifying and entering transactions from lock box and local deposits; record revenues from deferred revenue accounts and reconcile the accounts monthly; record revenues for domestic and international programs for the accreditation process; assess contracts and make sure that the revenue generated is recognized in compliance with GAAP; prepare trend analysis of Direct mail revenue; monitor Donor online database and record revenue;
• Implement improvements to policies, procedures, internal controls, and tools that realize greater operating efficiencies and enhance customer service support as directed;
• Analyze financial information and summarize financial status and support audit functions annually;
• Manage and provide mentorship to the Accounts Receivable Specialist;
• Provide support to the Director, Grants & Awards;
• Provide support for grants revenue recording;
• Develop and manage effective communication and planning systems and processes with client-Departments and other SOI Finance staff;
• Support month-end and year-end close process;
• Responsible for the effective completion of other duties as assigned.

 

Required Qualifications:

• 3-5 years of experience and 2 years of managerial experience, focused on GL accounting / reconciliations, financial statement preparation and analysis, budgeting, and client support;
• Bachelor’s degree in Accounting or related field;
• An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and work experience listed above;
• Microsoft Navision experience desired;
• Advanced Excel skills (pivot tables, vlookups, filters, et