Project Return, Inc.
Project Return, Inc.
Project Return, a not-for-profit company, is solely dedicated to the successful new beginnings of people who are returning to our community after incarceration. We provide the resources and services needed to gain employment and build full and free lives. For over three decades, Project Return has been providing wraparound assistance and support, for people with the determination to make a new beginning after incarceration.
The Senior Accountant, under general supervision, conducts a wide variety of intricate and complex accounting duties and projects within the guidelines of the organization. An ideal candidate for the Senior Accountant role should be savvy in QuickBooks and proficient in Excel, have excellent organizational, analytical, and interpersonal skills with the ability to flourish in a team-oriented environment. The Senior Accountant should also possess the ability to review and analyze current processes for potential improvements, complete assignments within designated timeliness, and have a strong sense of integrity and ethical values. The Senior Accountant will perform financial analysis of assigned grants and contracts, ensuring that the assigned accounts are managed in accordance with GAAP standards and regulatory requirements for the not-for-profit industry as well as agency accounting procedures and internal controls.
A successful leader for this position is responsible for accounts receivable, bank and credit card reconciliation, general ledger management, fixed asset management, cash flow statements, balance sheet preparation, and maintenance. Must be a self-motivated, reliable individual interested in joining our growing organization.
Essential Duties and Responsibilities
- Documents not-for-profit unique financial reporting requirements and maintains work papers consistent with new accounting standards.
- Assists in the preparation and analysis of 990 filings and related tax payments.
- Assists the CFO with the day-to-day, monthly, and year-end operations of the fiscal department including budget review and analysis.
- Assists with all monthly journal entries including investment, prepaid, accruals, fixed assets depreciation, A/R, and some cost allocation while maintaining related Excel spreadsheets.
- Records the processing of cash receipts, revenue, and receivables while working closely with the program teams to ensure that revenues and receivables are reconciled at any given time.
- Monitors open A/R balances
- Reviews the processing and recording of accounts payable transactions and ensures that all invoices and staff reimbursements are recorded and paid accurately.
- Records Payroll entries and reviews payroll account reconciliations. Initiates and records payroll cash transfers.
- Review credit card expense reports and receipts submitted by cardholders on a monthly basis.
- Assists with the preparation of reimbursement requests, correspondence, and expenditure reports for grants and contracts.
- Processes functional expense allocations, monthly accruals, amortization of prepaid expenses, fixed assets depreciation, and records adjusting and reclassification of journal entries, if necessary.
- Prepares and maintains audit schedules throughout the year pertaining to assigned areas of responsibility for use by independent auditors.
- Assists in financial year-end closing, annual audit, and grants and contracts audit
- Prepares final financial statement packets and monthly reports to management.
- Investigate budget variances by contacting Executive Directors to identify issues and, if necessary, aid in understanding the variances to ensure the financial reports are stated appropriately.
- Maintains and updates the general ledger system by verifying that the sub-ledger interfaces of accounts payable, payroll and accounts receivable systems are correctly integrated into the GL system, thus ensuring that all financial reports are balanced. Ensure all financial reports are prepared in accordance with GAAP.
- Performs general ledger account analysis and reconciliation, including bank statements, fixed assets, accruals, prepaid expenses, and intercompany reconciliations.
- Prepares and reviews preliminary financial statements by independently analyzing accounts, confirming account balances, identifying account discrepancies, and making corrections in accordance with Generally Accepted Accounting Principles (GAAP).
- Coordinates with the Housing Director on variance reports, AR/bad debt review, and lease activity.
- Assists with tax audits and tax returns.
- Prepares Investor Statements and Questionnaires.
- Assists with implementing and maintaining internal financial controls and procedures.
- Identifies opportunities to streamline processes to increase timeliness, and efficiency, and improve the accuracy of financial reporting.
- Performs special projects as assigned by the CFO.
- Corresponds professionally with all levels within and outside the organization.
Additional responsibilities as assigned.
- Associate degree required, Bachelor’s degree preferred
- Minimum 3 years accounting experience
- CPA or CPA candidate is preferred
- Non-profit and grant experience preferred
- Experience with accounting systems migration preferred
- Demonstrate strong not-for-profit accounting knowledge and experience as it applies to the preparation of monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
- Must be able to prepare or review journal entries and complex underlying supporting schedules and documents with the ability to explain such analysis to non-financial staff.
- Strong knowledge of accounting principles related to classifying, recording, and summarizing data and making computations to compile financial records.
- Solid understanding and demonstrated proficiency in Generally Accepted Accounting Principles (GAAP)
- Ability to provide exceptional client service with a highly professional demeanor and ability to handle matters confidentially.
- Strong written and verbal communication skills; able to effectively communicate with all levels including clients, team members, and team leadership.
- Excellent organizational and time management skills. Strong attention to detail with a focus on accuracy.
- Ability to handle stress and work well under pressure and with minimal supervision.
- Knowledge of QuickBooks and Microsoft Office Suite with proficiency in Excel.
Project Return partners with the state of TN for our benefits package which includes full coverage of vision, dental, and medical for the Project Return
How to Apply
Please submit your resume and cover letter to working@projectreturninc.
- Date Posted: November 13, 2023
- Type: Full-Time
- Job Function: Accounting / Financial Management
- Service Area: Social / Human Services
- Start Date: 12/11/2023
- Salary Range: $65,000-$75,000
- Working Hours: 40 hrs/wk; M-F, 8:00am - 4:30pm