Senior Accountant – Grants Management

Organization
Root Capital
Location
Cambridge
Job Type
Full-time
Deadline for Applications
01/31/2017
Contact Information
rootcapital.org
Tags
Full-time

Responsibilities

Grants and contracts accounting in accordance with US GAAP, state and federal regulations, and Root Capital’s policies

Review all grant and contract agreements and apply proper accounting treatment.
Maintain revenue recognition schedules for fee for service contracts
Ensure that funds are used in accordance with Donor expectations.
Record cash receipts and reconcile the Investor Relations (IR) bank account monthly.
Reconcile pledges and deferred revenue schedules monthly to the general ledger.
Temporary restricted revenue releases and grant reporting

Review expenses against grant budgets and make revisions within Intacct accounting system.
Work closely with grant managers and FP&A team to review grant budgets and facilitate the grant close out process.
Record indirect and loosely restricted grant releases on a monthly basis.
Update the temporary restricted schedule and reconcile against the general ledger.
Prepare financial reports to submit to donors as required under grant agreements.
System reports and policies and procedures

Manage the grant coding process within accounting systems (Intacct/Concur) by timely activation and deactivation of grant codes.
Coordinate the tracking of unallowable expenses, direct, and indirect expenses.
Work with IT and IR to continually improve the tracking and reporting of grants and expenses.
Create scheduled and adhoc reports using Intacct’s report writing function.
Audit support and technical accounting/rules application

Prepare audit schedules and support for all grants and contracts.
Respond to audit inquiries on a timely manner
Prepare audit confirmation templates for mailing to the auditors.
Work closely with IR, FP&A, and Legal teams to provide guidance on grant language and contingencies that affect accounting treatment.
Month-end close and field support:

Record journal entries and reconcile accounts on a monthly basis.
Review consolidated operating expenses results to ensure proper coding across all of the key reporting dimensions (Grant, Programs, Location, GL).
Work with regional accountants to address program and grant coding issues and adjustments.
Support other month-end close activities as needed.

Additional Information

Skills and Expertise

Bachelor’s degree in Accounting, Finance or Business Administration required
4 years of related experience required
At least 2 years of experience in a non-profit setting required
Excel skills at inter-mediate level or higher required
Experience with web-based business systems required
Very strong communication skills required
Proactive, entrepreneurial, and service-oriented mind-set required
Ability to trouble-shoot routine situations and manage tasks independently required
Ability to collaborate with teams in Cambridge, Africa, and Latin America required
Experience working with complex grants (e.g. USAID) strongly preferred
Bi-lingual (English & Spanish) preferred
Passion for Root Capital’s mission required

Salary

Commensurate with experience.

Applications and Nominations

More information about Root Capital is available at www.rootcapital.org.

Applications will be accepted on a rolling basis. Candidates are encouraged to apply as soon as possible. Applications including a resume and cover letter describing your interest, qualifications, language abilities, salary requirements, and how you learned of the position should be sent using the form below. Finalist candidates will be required to provide at least three work-related references.

Root Capital is an equal opportunity employer.