Summary: Under the supervision of the Fiscal Manager, the Accountant is responsible for invoicing, collections, financial statement preparation, contract and audit compliance and continual improvement of fiscal operations. Development of work plans and the setting of priorities and expectations will be discussed and agreed upon with the Fiscal Manager.
Duties / Responsibilities:
Oversee agency invoicing by:
Ensuring billing is being prepared in accordance with funder guidance.
Reviewing monthly shared and indirect costs pools for accuracy and verifying allocations.
Ensuring timely and accurate preparation of monthly program billings and cost reimbursement invoices in accordance with government and funder requirements.
Ensuring the accurate preparation of funder required fiscal reports such as annual cost reports.
Prepare program reporting by:
Preparing reporting for programs/units in coordination with program staff.
Providing analysis and recommendation on program financial performance.
Working with managers and directors to improve outcomes and achieve goals.
Receive, prepare, and record deposits by:
Recording and tracking all funds for deposit, ensuring separation of duties and verification of check logs and cash handling procedures.
Ensuring the receipt of funds via electronic or in-bank deposit methods.
Monitor and manage account receivables by:
Preparing monthly A/R aging report and reviewing it with leadership.
Assuring accurate recording and collection of fundraising receivables and pledges.
Implementing improvements to invoicing processes, including monthly statements of accounts for delinquent funders.
Assist in the preparation of the agency’s financials by:
Ensuring the timely and accurate recording and posting of revenue and expenditures to the general ledger.
Reconciling deferred revenue recognition on a monthly basis.
Producing agency financial reports as requested.
Providing input and analysis on variances and exceptions.
Ensure outstanding operations and compliance by:
Developing a deep understanding of the accounting system (Financial Edge).
Proposing improvements and efficiencies to existing practices and protocols.
Following generally acceptable accounting principles, OMB 2CFR200, government and funder handbooks and manuals, and other required and/or best practice policies and procedures.
Developing an understanding of all legal and regulatory compliance requirements.
Contributing to preparation for audits and compliance site visits.
Assist with achieving the goals of the organization by:
Assisting with other accounting duties and/or projects as it benefits the organization or as requested by management.
Finding opportunities to contribute and make an impact in the organization and community beyond the above tasks and activities.
An AA degree in Accounting or related field with an emphasis on Accounting –OR- three(3) years of relevant work experience.
A minimum of three(3) years experience in the use and operation of computerized accounting systems. Computer experience must include general ledger, adjusting entries, cash management, and financial reports.
Proficient skill in the use of personal computers including, but not limited to, strong Excel skills.
Ability to communicate fiscal concepts and instructions to non-fiscal staff.
Strong commitment to working with a multicultural community.
Ability to work collaboratively with others and a willingness to participate fully in the team process.
Proof of passing a TB test and fingerprinting clearance (Live Scan).
Proof of eligibility to work in the United States.
Physical requirements: Ability to sit for long periods of time; to communicate with KYCC staff, affiliates, clients and public; to bend and stretch to obtain documents; and dexterity of hands and fingers to operate office equipment.
Prior accounting and compliance experiences with non-profit organizations and fund accounting.
Experience with Blackbaud’s Financial Edge or other fund accounting software.
KYCC is an EEO.
About Koreatown Youth & Community Center
KYCC (Koreatown Youth and Community Center) was established in 1975 to support a growing population of at-risk youth in Los Angeles. Today, KYCC is the leading multiservice organization in Koreatown, supporting children and their families in the areas of education, health, housing, and finances. We believe that if the family is healthy, our community will thrive. KYCC is committed to making Koreatown a safe and beautiful place to live and work.
The mission of KYCC is to serve the evolving needs of the Korean American population in the greater Los Angeles area as well as the multiethnic Koreatown community. KYCC’s programs and services are directed toward recently immigrated, economically disadvantaged youth and families, and promote community socioeconomic empowerment.