Position Summary
This position reports equally to The WorkFaith Connection's CEO and the COO. The Accounting Manager is directly responsible for overseeing all accounting operations and preparing financial reports, summaries, and forecasts for future growth projects. In addition, the Accounting Manager will build banking relationships, establish good report with the auditing firm, and conduct all external audits throughout the year.
The Accounting Manager's role ensures that The WorkFaith Connection will have the necessary talent to ensure the organization has the proper financial controls to minimize risk. Moreover, the suitable systems and processes to efficiently oversee the day-to-day accounting function and generate accurate and timely reports for WFC's CEO, COO, and board.
Responsibilities
Strategy, Planning, and Management
- Assess and evaluate WFC’s financial performance concerning long-term operational goals, budgets, and forecasts.
- Provide insight and recommendations that create operating flexibility in support of short-term and long-term strategic goals.
- Create and establish yearly KPIs for finance that aligns with and maximize WFC’s plan for growth.
- Instill a financial perspective to decision-making for accelerating improvements and achieving reliability in processes, products, and services.
- Monitor markets, trends, and anticipate risks and opportunities.
Financial Analysis, Budgeting, and Forecasting
- In collaboration with the CEO and COO, develop and maintain WFC’s annual and monthly operating budgets.
- Evaluate, identify, acquire, and implement systems and software, to provide timely and critical financial and operational information.
- Implement policies, procedures, and processes as deemed appropriate to automate processes and increase working efficiencies.
- Prepare monthly financial reports and provide recommendations that can readily impact the protection of WFC’s assets, operating performance, cash flows, and key analytics.
- Manage financial analysis for cash management, program management, fundraising activities, employee benefit plans, income, and other tax reporting, government and other authority audits, budgeting, financial reports analysis, and internal controls.
Cash Management
- Manage cash flow planning process and coordinate cash activity with the CEO and COO.
- Maintain accurate records and have them readily accessible to the CEO, COO, and board.
- Ensure timely cash deposits, reconciliation of cash, operating cash flow, and payment of payables to general ledger and budgets.
- Oversee approval of payables, wire transfers, and ACH processes within prescribed limits.
- Maintain company banking and lender relationships.
- Review operating budgets and financial statements, analyze monthly investment financial variances and prepare management discussion and analysis reports for the CEO, COO, and board.
Accounting Records, General Ledger, Accounting Administration and Operations
- Responsible for ensuring the accuracy, timeliness, and consistency of accounting and reporting practices per generally accepted accounting principles (GAAP).
- Protect assets by establishing, monitoring, and enforcing internal controls.
- Manage the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, credits, and collections.
- Coordinate quarterly and annual requirements with audit and tax firms and oversee the preparation of audit schedules, federal and state tax returns, sales tax reports, property tax payments, and related work papers, as needed.
- Remain current on accounting, tax, and audit best practices and state, federal, and local laws regarding company operations.
- Oversee the process of semi-monthly payroll and related company benefit plans.
Skills
- Comprehensive knowledge of GAAP (Generally Accepted Accounting Principles)/FASB (Financial Accounting Standards Board).
- Strong track record of hands-on experience in developing and managing financial & accounting functions, and experience with financial analysis and modeling a plus.
- Expertise in implementing and strengthening internal control systems that drive growth.
- Ability to work both as an individual contributor and as a manager of accounting professionals.
- Experience working in a small team environment.
- Strong interpersonal, advanced analytical, and organizational skills a must.
- Systems savvy and a desire to improve and automate the accounting and finance function.
- Maintains current industry, accounting, and finance best practices.
- Adaptability and experience with technology transformation/implementation.
- Experience in budgeting, cash flow analyses, and project auditing.
- Excellent IT knowledge and skills
- Decisive, results-driven leader who thrives on early problem identification and achieves solutions in timely and supportive scenarios
- Highly skilled in qualitative, financial, and operational metrics analyses and modeling
- Proven ability to identify and minimize financial risks
- Demonstrated ability to be resourceful and adjust quickly, based on changing circumstances, proven track record of shifting priorities with creativity, innovation, and value creation
- A high level of proficiency with accounting software and MS Office
Competencies
- Clear alignment with WFC’s mission and vision
- Demonstrated leadership ability
- Strives for the highest quality and standard
- Excellent analytical, reasoning, and problem-solving skills
- Approaches the work with the mindset of a Servant Leader
- Understands and is highly responsive to the unique needs of individuals and teams
- Hands-on, take-charge, decisive, results-driven
- Gives close attention to details and timely execution
- Possesses strong ethics and encourages diversity of thought and tolerance
Experience and Education
- Minimum ten years of professional experience; time spent in nonprofit organizations is a plus
- Bachelor’s degree and active CPA license preferred, MBA a plus
Our Commitment to You: WorkFaith partners with employers to strengthen the local economy by means of reducing unemployment for anyone who desires long-term employment. To ensure candidates align with the employer’s hiring requirements, all job applicants must meet with a WorkFaith career coach as part of the application process. Participating in WorkFaith training and coaching also provides candidates with a competitive advantage and some employers may prioritize applicants from WorkFaith.