Financial Accountant - Fixed Assets, Grants & Leases

SUMMARY 

Supports management in the monthly close, monthly financial reporting, monthly forecasting, and the annual budget planning process.  Provides special accounting and project support by performing the following duties.

ESSENTIAL DUTIES AND RESPONSIBILITIES are listed below in order of importance, from most important to least important.

Assists the Assistant Controller in the monthly financial closing by preparing monthly journal entries, reconciling assigned accounts, assisting in the review of general ledger activities, analysis of variances, and production of financial statements. 

Performs activities of the Fixed Assets accounting function. Oversee the accounting and reporting for fixed assets to ensure proper capitalization of project costs in compliance with accounting standards. Ensures required reports and reconciliation are submitted accurately and timely, Maintain the fixed asset register, ensuring accurate recording of acquisitions, disposals, and depreciation. Prepare fixed asset reports and analyses for management. Track and report on capital expenditures and project budgets.

Perform activities related to Lease Management. Maintaining and updating lease accounting records in accordance with relevant accounting standards ASC 842. Track and manage lease agreements, payments, and related financial obligations. Ensure accurate recording of lease assets and liabilities including property taxes, CAMs, insurance, and rent. Prepare lease-related disclosures for financial statements.

Perform activities related to Grants and Program Management. Oversee the financial administration of grants/programs, including budgeting, reporting, and compliance. Monitor grant/program expenditures to ensure alignment with approved budgets and funding requirements. Prepare and submit accurate and timely financial reports to grantors. Collaborate with program managers to develop grant budgets and financial projections.

Perform general activities. Ensure all transactions and activities follow GAAP, organizational policies, and relevant regulations. Ensure monthly closing activities are complete accurately and on time. Participate in the annual budgeting process and monthly financial forecasting. Support internal and external audits by providing necessary documentation and explanations in a timely manner. Document processes, SOP’s, and participate in cross-training.

Generate and interprets financial information for practical use by others in the organization, to identify and flag potential issues for resolution and collaborates with appropriate management to respond to questions and resolve issues.

SUPERVISORY RESPONSIBILITIES 

This job has no supervisory responsibilities.

ADDITIONAL RESPONSIBILITIES

Assists in the resolution of problems related to accounting and lease software; and performs other job-related tasks as assigned by the Assistant Controller.