Art Institute of Chicago is hiring: Accounting Manager in Chicago

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The Art Institute of Chicago shares its singular collections with our city and the world. We collect, care for, and interpret works of art across time, cultures, geographies, and identities, centering the vision of artists and makers. We recognize that all art is made in a particular context, demanding continual, dynamic reconsideration in the present. We are a place of gathering; we foster the exchange of ideas and inspire an expansive, inclusive understanding of human creativity.

Please click on the links below to view our competitive, comprehensive benefits package:

• Hiring Range: $100,000 - $110,000
• Benefits
• PTO Overview
• Job Classification: Full-Time Salaried Staff
• Grade Level: 10
  
  

Basic Function

Supervises the accounting for Institute balance sheet accounts including, but not limited to, cash, investments, and property and equipment ensuring timely and accurate journal entry and account reconciliation preparation. Responsible for the management of capital project data and reporting. Partners with the Treasury department on the daily cash transfers and processes.

Primary Duties And Responsibilities

• Directs the preparation of balance sheet account reconciliations and analyses. Analytically reviews reconciliations, trial balances, and reports. Works with accounting staff to identify, analyze and resolve reconciling items on a timely basis.
• Oversees the accounting for the Institute’s diversified and complex investment pool, including the recording and reconciliation of all related accounts to the general ledger and custodian statement. Maintains relationship with the investment custodian in relation to accounting and recording investments and transactions.
• Oversees the reconciliation of the Institute’s bank accounts and works with the Treasury department to identify any changes in the banking and account structures.
• Manages the Accountant, General Funds and Accounting Assistant in the daily cash transfer process. Partners with the Treasury department to ensure cash and endowment account transfer processes are completed timely and accurately.
• Oversees the accounting for capital projects, fixed assets, and leases, including monthly and quarterly journal entries and account reconciliations and quarterly debt compliance ratios.
• Ensures the maintenance of capital project data points in partnership with project managers. Prepares capital status reports for management and Buildings and Grounds Committee.
• Identifies and implements accounting processes and best practices to gain efficiencies and maintain proper segregation of duties within areas of responsibility. Documents processes and procedures as needed.
• Assists in the year-end audit. Responsibilities include overseeing the preparation of audit schedules and footnotes relating to fixed assets, investments and other balance sheet accounts and assisting the auditors in their inquiries.
• Assists with the preparation and analysis of quarterly financial statements as directed by the Assistant Controller.
• Maintains a strong technical accounting understanding by participating in educational opportunities, reading professional publications, maintaining personal networks, and/or participating in professional organizations.
• Performs other duties as assigned.
  
  

Requirements

• Bachelor’s degree in Accounting or closely related financial field required.
• CPA designation strongly preferred.
• Minimum 3-5 years investment and fixed asset accounting experience required. Industry experience including Not-for-profit and/or higher education highly preferred.
• Minimum three years supervising accountants required.
• Previous experience establishing and documenting accounting processes and procedures highly preferred.
• Must be currently advanced in Microsoft Excel.
• Must be detail-oriented, organized.
• Ability to work cooperatively and collaboratively with all levels of employees and management
  
  

About The Organization

The Art Institute of Chicago is an Equal Opportunity Employer. We fully comply with applicable federal and state disability laws and provide reasonable accommodations for applicants and employees with disabilities. We recruit, hire, and promote qualified individuals solely on the basis of their skills, qualifications, and experience. If you require reasonable accommodation to participate in the application or interview process, please contact Human Resources at apply_help@artic.edu.

This job description in no way states or implies that these are the only duties performed by the employee occupying this position. Employees may be required to follow other job- related instructions and to perform other job-related duties as requested, subject to all applicable state and federal laws. Certain job functions described herein may be subject to possible modification in accordance with applicable state and federal laws.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Museums, Historical Sites, and Zoos

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