What are the responsibilities and job description for the Staff Accountant position at Livengrin Foundation?
Job Summary: The Staff Accountant is responsible for ensuring the integrity of accounting information by recording, verifying, analyzing and entering transactions.
Responsibilities and Duties:
- Assists in preparation of monthly management report and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports. Assists in providing follow-up and documentation of significant variances.
- Prepares and records assets, liability, revenue, and expense entries by compiling and analyzing account information.
- Aids in designing, implementing and monitoring fiscal internal controls surrounding the revenue cycle.
- Reviews revenue KPIs and provides revenue trends/analysis.
- Ensures monthly revenues are properly reflected in the GL system/ERM via journal entries/uploads.
- Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
- Maintains general ledger by transferring subsidiary accounts, preparing a trial balance and reconciling entries.
- Summarizes financial status by collecting information, preparing balance sheet, profit and loss and other statements.
- Performs monthly reconciliations, records daily cash activity, review daily deposit packets for accuracy and completeness.
- Analyzes financial information and summarizes financial status.
- Spots error and suggests ways to improve efficiency and spending.
- Assists with annual and interim audits by completing requested materials and preparing assigned schedules.
- Assists with completion of the quarterly and annual regulatory filings, including the preparation of assigned quarterly and annual statutory statement pages/schedules.
- Conforms with and abides by all regulatory guidelines and internal policies & procedures.
- Documents policies, procedures and workflow for assigned areas of responsibility.
- Acts as a backup for Payroll and Accounts Payable.
- Contributes to department and organization special projects as assigned.
- Performs other related duties as assigned.
Education and Experience:
- Bachelor’s degree in accounting, finance or other related field.
- Experience with general ledger functions and the month-end/year-end close process.
- Hands-on experience with accounting software packages; Sage 100, FAS.
- Advanced MS Excel skills including Vlookups and pivot tables.