Director of Accounting
|Hiring Organization||Greater Chicago Food Depository|
|Post Name||Director of Accounting|
|Qualification||Bachelor’s degree in Accounting required; CPA preferred.|
|Employment Type||Full Time|
|Work Hours||8 Hours|
|Salary||USD 40 To USD 42 Per Hour|
|Location||Chicago, Illinois, United States 60632|
The Director of Accounting is responsible for overseeing accounting functions and processes including general and fund accounting for all financial statement components of the Food Depository, Accounts Payable, cost accounting, and financial system implementation and maintenance.
The Director of Accounting is responsible for providing mentoring and leadership to the Finance/Accounting team, identifying opportunities to improve efficiencies and profitability, maintaining internal controls, and supporting senior leadership in financial decisions. Specific duties and responsibilities may fluctuate.
KEY RESPONSIBILITIES AND ESSENTIAL FUNCTIONS:
- Responsible for and managing the timely and accurate completion of general accounting functions including but not limited to:
- Review month-end close entries for completeness and accuracy:
- Accounts Payable – responsible for all vendor inquiries, maintaining vendor files, reviewing invoices for accuracy and approvals, and proper reconciliations
- Payroll/Benefits – manage benefits vendor ledger reconciliations; serve as liaison to Human resources for payroll process and GL postings
- Donation Revenue – review and approve daily donation deposit information; oversee Donor Database (currently Raiser’s Edge) donations to the general ledger; ensure proper restrictions allocations are tracked and expensed
- Investments, Cash reconciliations
- Maintain and update all leases, including following new lease standards
- Maintain all Fixed Assets and reconciliations
- And other financial reconciliations, metrics, and variances as needed.
- Plan and Administers specific Audits and respective data collection, with external auditors and internal contacts, including but not limited to 403b/5500.
- Assist with the coordination of the accounting data collection and preparation of the required financial reporting schedules for the annual not-for-profit financial and governmental audits.
- Coordinate Accounting of all Capital campaigns / Fixed Asset accounting, including all Draws and reconciliations.
- Oversee the Accounts Payable function and team, including timeliness of payments, vendor relationships, and meeting metrics/targets.
- Oversee financial relationship with the Development team on all donor reconciliation to General Ledger and analytics; Identify and implement financial efficiencies within gift processing, where appropriate.
- Develops, implements, and enforces accounting controls, internal policies, and procedures to ensure accurate financial reporting. Develops new workflows and efficiencies as needed.
- Assist team with Treasury function and Cash Forecasting models, including cash management/transfers, and forecasting of sufficient funds (short-term investing, planning disbursements, and forecasting cash inflow/outflow) as required.
- Drives process improvement, acting as a liaison between Finance and other departments to create efficiency and effectiveness.
- Model financial stewardship in decision-making and encourages others to be financial stewards.
- Ensure operation performance measurements and productivity levels of direct reports are met. Interviews and trains new employees, takes disciplinary action when appropriate, conducts conflict resolution, and performs annual performance reviews for all direct reports.
- Serves as a resource on technical matters relating to financial statements by keeping up to date with Generally Accepted Accounting Principles (GAAP) and UPMIFA.
- Acts as finance Subject Matter Expert (SME) as Finance/Accounting partner with all Food depository teams, including critical IT projects such as a. Purchasing / AP / Procure to Pay system implementations and ongoing enhancements b. New Facility / Meal Production inventory and fixed asset tracking system c. A prepared Meal Software implementation (CBORD) and ongoing enhancements d. Donor CRM implementation, reconciliation, and maintenance
- Special projects, as assigned.
- Bachelor’s degree in Accounting required; CPA preferred.
- 5-7 years not for profit accounting experience preferred
- Solid experience in coordinating audit activities and financial reporting, budgeting/forecasting, and general ledger.
- Ability to communicate, both orally and in writing, complex technical issues in a clear and concise manner, including presentations to senior management, board members, and outside partners.
- Technology savvy with experience overseeing software installations and managing relationships with project managers/vendors, including advanced knowledge of accounting and reporting software.
- Proficiency in MS Office- Word, Excel, Access, Outlook
- Ability to take initiative by identifying problems, conceptualizing resolutions, and implementing change.
- Commitment to recruiting, mentoring, training, and retaining a strong team; the foresight and ability to delegate accordingly.
- Attention to detail and the ability to prioritize and manage projects to ensure all deadlines are met are essential.
- Ability to work independently and meet deadlines in a fast-paced team environment with minimum supervision; Ability to work efficiently and accurately with details and fluctuating work volumes.
- Normal office environment; exposure to a warehouse environment
- Interacts with all GCFD staff, member agencies, third-party auditors, and vendor