ExED (www.exed.org) is a nonprofit organization that fosters the development and management of high performing charter schools. We believe that every child should have access to a high-quality public education, especially children in educationally underserved communities.
ExED provides a range of services that support both new and existing charter schools, including facility financing services; "CFO" services such as accounting, budgeting, financial reporting, payroll processing, and public funding compliance; and compliance and data management services.
Position Overview
This Accounting Associate position is based in ExED's Los Angeles office. This position offers a detailed-oriented, highly organized professional the opportunity to apply accounting expertise in a unique way - by helping charter schools efficiently allocate and manage their public dollars.
Primary Responsibilities
The Accounting Associate will have three primary responsibilities: accounting & payroll services, financial reporting, and client management.
- Perform bank reconciliations, manage deposits, and prepare payroll and year-end journal entries.
- Process payroll for client schools via Paychex and manage payroll deductions and retirement system eligibility determination.
- Review and audit general ledger entries for accuracy (and balancing as needed). Prepare year-end journal entries including accruals and depreciation.
- Assist with accounts payable services including reviewing and auditing vendor invoices, preparing check requests, monitoring financial activities, and aligning monthly spending with budgets.
- Prepare monthly financial statements for client schools.
- Prepare information requested by auditors at year-end. Be able to explain journal entries made.
Client Management:
- Directly interface with charter school clients to address inquiries and provide process guidance.
- Train school site office managers on accounting procedures and internal controls.
- Understand and be able to discuss the financial condition of all client schools served by team.
- Assist in other business services related activities such as insurance renewals, compliance reporting, etc.
- Visit client sites and assist on ad hoc or special projects as needed.
Qualifications
- Bachelor's Degree in Accounting, Finance, Business, or related field. 2-3 years of experience in the field preferred.
- Knowledge of GAAP, business principles and standard operating practices. Strong accounting background.
- Knowledge of accounting systems required. Knowledge of MIP preferred.
- Computer skills and proficiency in Microsoft Office (Word, Excel, PowerPoint).
- Team player with a demonstrated ability to initiate and maintain effective and cooperative professional relationships.
- Strong organizational skills; a self-starter who can prioritize and multi-task.
- Strong writing and communication skills. Strong analytical skills.
- Interest in and commitment to public education.
Compensation
- Salary range for the Accounting Associate role is $57,000 - $67,000.
- Benefits include medical, dental, vision, disability and life insurance and a 403(b) retirement plan with 3% company matching.
ExED is an equal opportunity employer.