Accountant

OppCo partners provide stable homes within great neighborhoods, which serve as a foundation for thriving families and individuals. Our homes and neighborhoods promote healthy families as well as work, economic, and educational success.

The Accountant is responsible for overseeing the accounting and reporting for OppCo, LLC. and its related entities. This position requires a strong working knowledge of generally accepted accounting principles and familiarity with the OMB Super Circular. The Accountant regularly partners with colleagues, vendors and funders, and closely coordinates with department managers. Successful candidates will be detail-oriented and willing to support the organization and department as needed. Strong organizational skills, and the ability to work both collaboratively and solve routine problems independently are important. The Accountant will have the opportunity to make recommendations for improvements in processes and support the ongoing growth and development of this exciting organization.

Essential Job Functions and Responsibilities:

General Ledger/Financial Reporting

• Prepare and process monthly journal entries. Produce monthly financials, including balance sheet, income statements (summary and detail) and ratios, according to the monthly close calendar by 1) reviewing general ledger activity, (2) calculating monthly accruals and prepayments, (3) posting all journal entries and (4) compiling, reviewing, consolidating wholly owned, and distributing final monthly reporting packages for the relevant companies.
• Ensure that monthly income statements reflect budget, actual and variance amounts. Identify significant variances and research explanations for variances. Create and maintain supporting schedules and analyses for balance sheet accounts including accounts receivable, grants receivable, accounts payable, prepaid, accrued expenses, interest payable and receivable and notes and loans payable.
• Oversee the maintenance of the general ledger.
• Prepare and maintain all balance sheet reconciliations on a monthly basis.
• Support and assist the external accounting/audit firms with year-end requirements; prepare work papers; assist with financial statements and tax returns, and miscellaneous financial reports.

Banking/Treasury

• Prepare and process cash transfers as needed, monitor daily cash balances, and prepare cash flow forecasts.
• Maintain line of credit activity reports; calculate and post applicable interest on a monthly basis.
• Provide assistance and support on treasury management and cash flow reporting.

Real Estate

• Maintain the real estate development department’s set of books.
• Maintain schedule and provide information to auditors and assist with the cost certification process.

Grants

• Participate in developing potential grant budgets, and once awarded, prepare, track, and monitor invoices for foundation, federal and state grants.
• Ascertain validity of expenses that should be included in invoice submissions.
• Provide reports and support to various funders substantiating amounts invoiced.

Budgeting/Forecasting

• Assist in the preparation of the annual budget in consultation with the Financial Controller.
• Assist program directors and managers with the preparation of the budgets.

General Accounting Support/Administration

• Oversee management of all CDC leases, contracts and financial commitments with facility lessor.
• Manage document retention policies and retention.
• Provide operational support regarding accounting and finance-related matters to program teams.
• Assist in the development of departmental policies and procedures.

Experience and Qualifications

• 5-7 years of accounting experience, with experience in non-profits, preferred.
• Bachelor’s degree, or equivalent work experience, in Accounting or Finance.
• Experience with month end closing and reporting.
• Familiarity with audit schedule preparation.
• Knowledge and experience working with GAAP, A-133 audits and familiarity with OMB Super Circular.
• Experience with grants management experience in compliance and reporting.