Staff Accountant, Managed Organizations Finance (Durham, NC or Washington, DC)
An organized self-starter with strong financial analysis skills and attention to detail who is looking to use their skills to make a real impact
Join us and help one of the fastest growing nonprofit organizations with its accounting operations and financial controls. You will be responsible for the full-cycle accounting procedures for several nonprofit projects for our clients. The right candidate must have a strong understanding of nonprofit accounting practices and must be able to work well in a fast-paced environment.
Essential Responsibilities
General Accounting Responsibilities
- Daily review of incoming funds and bank activity combined with management of the timely, accurate and complete recordation of revenue and corresponding management fees in GP made within the weekly revenue schedule
- Monthly review and recordation of revenue accrual activity – exchanges vs. contributions, conditional vs. unconditional, and restricted vs. unrestricted – to ensure accuracy and compliance with annual reporting requirements
- Work closely with the client services team to ensure client service standards are met
- Work closely with inter/intra teams to ensure liabilities are recorded and paid timely
- Record journal entries for assigned client programs, projects and sub-projects
- Perform routine GL account reconciliations as part of monthly closing procedures for all assigned programs and projects
- Compile 1099 reporting records to comply with appropriate IRS regulations for the managed organizations
- Record monthly interest allocations and update interest trackers to accurately reflect current interest-tracking grant activity across all MNPOs
- Produce monthly, quarterly, and annual program and project financial reports for internal reporting requests
- Manage monthly issuance of donor tax acknowledgement letters where applicable
Staff Management
- Manage associates assigned to AR operations and other projects as assigned
- Work directly with the Senior Accountant and Director of Finance regarding AR associate personnel decisions
Other Responsibilities
- Assist with research and implementation of new and improved technologies
- Assist in preparation of schedules to support financial audits and preparation of Form 990 and other tax/regulatory returns
- Act as backup to other staff on the Managed Organizations Finance team
- Assist management team with special projects
To Be Successful in This Role, You’ll Need:
- Three or more years of relevant professional experience maintaining books with non-profit organizations
- Proficiency with accounting software and Excel spreadsheets
- Experience with full-cycle GL and AP accounting processes
- The ability to take ownership and be creative and solutions-oriented when encountering challenges that don’t have obvious answers, including the ability to solve challenges independently
- The ability to effectively manage multiple projects simultaneously, proactively problem solve, and ensure quality control. Strong attention to detail and accuracy
- Excellent verbal and written communication, including the ability to communicate complex financial matters to non-financial personnel
- The ability to work cooperatively and inclusively with others to achieve shared goals, including supporting efforts that promote a safe and welcoming culture, providing timely and constructive feedback, and highlighting and sharing significant and new knowledge across the team
- The ability to provide excellent service to clients, including being able to diagnose and anticipate difficult service challenges, provide proactive and effective client-centered solutions, pass along service lessons to teammates, and demonstrate a strong understanding of the client’s perspective
- A high level of emotional intelligence and the ability to use that intelligence to appropriately adapt to stakeholders’ needs
- The ability to use available resources and feedback to continually develop mastery in your role and facilitate team learning, including a willingness to request feedback and incorporate it to improve individual performance and to seek out and participate in career-relevant learning activities
Other Highly Preferred Skills and Experience
- Experience in philanthropy, nonprofit management or consulting
- Degree in accounting or finance
- Experience with Microsoft Dynamics
- Experience managing federal grants/contracts
- Experience with lobbying rules and regulations
About Arabella Advisors
Arabella Advisors helps foundations, philanthropists and investors who are serious about impact achieve the greatest good with their resources. We work together across geographies on issues ranging from the social and economic advancement of women and girls, and conservation of our climate and planet, to reducing poverty and inequity in the United States and around the world. Our staff members are mission-driven and action-oriented, and have a unique combination of experience in philanthropy, business, nonprofits, government, finance, law, and other fields. We combine creative, strategic thinking with knowledge and networks developed through decades of hands-on experience. The fastest-growing philanthropic advisory firm in the nation, Arabella is also a certified B Corporation.
About Arabella’s Managed Organizations Team
Arabella Advisors provides operations and management support to multiple nonprofit organizations, including the New Venture Fund, the Windward Fund, and the Hopewell Fund—all 501(c)(3) public charities—and the Sixteen Thirty Fund, a 501(c)(4). These managed organizations house new and innovative public interest projects and nonprofits, as well as coordinate collaborative initiatives between donors and administer grants programs. This type of structure is commonly referred to as fiscal sponsorship, and candidates are highly encouraged to research fiscal sponsorship prior to a first interview. The managed organizations provide support to a diverse range of projects, including many focused on conservation, global health and civic engagement.
Our Commitment to Diversity, Equity, and Inclusion (DEI)
Advancing DEI within our firm and in our work with partners is critical to our mission. To be effective partners to philanthropists, nonprofits, and communities impacted by philanthropic dollars, we need to have a highly diverse staff, a workplace where individuals are encouraged to retain their uniqueness and can feel a sense of belonging, and a nuanced understanding of the racial, ethnic, gender identity, sexual orientation, disability status, and other disparities that undergird the issues we engage in and the interactions we have with one another. For us, equity means that our staff members, our clients, and the people they serve can experience the same level of success, no matter their starting place. We expect all our employees to share this commitment, and always seek ways to improve how well we live these values. Click here to learn more about DEI at Arabella and read our official DEI statement.
Total Rewards (compensation and benefits)
This is a full-time position. We offer a competitive and holistic total rewards package that includes salary, bonus, and benefits. Our base salaries are based on a blend of similar sized organizations from different sectors, including nonprofits, foundations, and professional service firms. They are also based on local market rates and differentiated by geography.
All full-time staff are eligible for our generous benefits package on their first day of employment:
- Health insurance- On average Arabella pays 86% of the medical premium, 80% of the dental premium, and 100% of the vision premium
- Paid time off- 16 days’ vacation, 10 personal days, 11 company holidays (7 federal and 4 more from a list of inclusive cultural and religious holidays and your birthday), 20 hours’ volunteer leave, 8 weeks’ parental leave
- 401(k) retirement plan- We offer a 4% employer match on a dollar-per-dollar basis, and there is no waiting or vesting period; all funds contributed by you and Arabella are yours to keep on day 1
- Reimbursements for your personal cell phone plan and fitness
- Pre-tax withholding for transportation and parking
- Bonus incentive opportunities
- Access to professional development opportunities
Working with Us
While this position must be based in Durham, NC or Washington, DC, please note that due to COVID-19, all Arabella Advisors' offices are closed, and we continue to temporarily work in a remote environment. We have a strong firm culture rooted in collaboration and in-person interactions between colleagues. Once our offices reopen it is our expectation that all staff will generally work from the office according to a schedule agreed upon with their supervisor. We will make reasonable accommodations under the guidelines of the Americans With Disabilities Act.
We are committed to having a passion-driven, inclusive, transparent, collaborative, healthy, and fun culture. We invite you to visit our careers page to learn more.
How to Apply
Submit a resume and a one-page cover letter online. The cover letter should address why you’re excited to work at Arabella and why you’re qualified for this specific job.
Arabella Advisors is an Equal Opportunity Employer committed to racial equity. If we can make the application process easier through accommodation in the recruitment process, please let us know.
We encourage you to read (or listen to) our DEI statement prior to applying. We make a particular effort to recruit people of color and members of marginalized groups to apply for open positions. Once you have applied, we welcome your feedback on how you have experienced our values around DEI in the recruitment process.
While Arabella is open to individuals from various locations applying to join our team, please note that we generally are unable to pay for relocation expenses, and all applicants must already be legally eligible to work in the United States at the time of application to be considered for this position.
We will review applications as they are received and look forward to hearing from you.