LA Commons
Manager, Accounting & Grant Reporting
LA Commons, Los Angeles, California, United States, 90079
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Manager, Accounting & Grant Reporting
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LA Commons . About LA Commons
LA Commons is a 501(c)(3) arts nonprofit organization on a mission to engage communities in artistic and cultural expression that tells their unique stories and serves as a basis for dialogue, interaction and a shared understanding of Los Angeles. Through community-based art programs, centered on youth leadership development, we help diverse, generally low-income neighborhoods. LA Commons is an Equal Opportunity Employer: minority/female/disability/veteran. Position Overview
Reporting to the COO, this role is an integral part of the LA Commons team. The Finance Manager will oversee daily accounting operations, manage cash flow forecasting, month-end close, financial reporting, and ensure compliance with nonprofit financial regulations. This position is part of a highly collaborative team across all departments, including Community Arts, Grants and Contracts, Development, Operations, and a third-party bookkeeping service. Successful candidates should have nonprofit accounting experience, enthusiasm for LA Commons' mission, strong attention to detail, and a service orientation. Responsibilities
Accounting
Manage the month-end closing process, ensuring timely and accurate financial reporting, including the preparation and submission of monthly journal entries and balance sheet reconciliations Prepare and submit monthly account reconciliations for bank accounts, credit cards, petty cash, receivables and payables aging Process weekly accounts payable and receivables, invoices and payment processing, including collecting and maintaining documentation Supervise and mentor the Operations Coordinator to ensure smooth operations across payables Support preparation of Independent Contractor Agreements, amendments, and stipend agreements Ensure the procurement of goods and services complies with federal and other grant regulations Import biweekly payroll entries and classify in accordance with grant reporting requirements
Budgeting, Cash Flow & Reporting
Work closely with the COO to manage cash flow and ensure the financial health of the organization Assist in preparing the annual budget and monitoring financial performance to align with strategic goals Lead development of proposal budgets and budget modifications for funders Provide monthly Program budget updates to Department Heads ensuring data is clear, accurate, and actionable Support COO in preparing for quarterly Board meetings
Development, Grants, and Contracts
Partner with the Grants and Contracts Manager to create, track, and report on financials for private and institutional funders Submit invoices according to funder requirements and GMP best practices Ensure proper financial tracking of funds and compliance with grant requirements Maintain a schedule of donor reporting dates and prepare fiscal reports for donors as needed
Audit & Compliance
Develop, document and ensure compliance with nonprofit accounting standards, GAAP, and all applicable regulations, as well as LA Commons fiscal policies and procedures Organize, secure and oversee maintenance of all financial files in alignment with best practices and audit needs Prepare for and support annual audits, ensuring timely and accurate documentation and reports
Systems and Process Management
Update and develop financial procedures and systems for newly independent 501(c)(3) Serve as the primary contact for external bookkeeping service Continuously seek improvements to procedures and processes to enhance efficiency and accuracy
Qualifications
3+ years of accounting experience, particularly fund-restricted accounting Strong familiarity with GAAP and managerial accounting Proven ability to manage detailed accounting tasks, meet deadlines, and communicate financial data effectively Demonstrated experience in grant reporting for government, foundations, and corporations Ability to develop and implement fiscal systems reviews and changes Excellent organizational skills with strong attention to detail Ability to prioritize competing responsibilities Proficiency with accounting software (MonkeyPod a plus), Excel, Google Workspace Ability to work independently and collaboratively Positive and creative attitude; comfort with embracing challenges Demonstrated aptitude for synthesizing constructive feedback Experience preparing for and participating in audits is a plus Access to reliable transportation within LA County for in-person meetings Apply
Please follow the link to complete an online application.
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Manager, Accounting & Grant Reporting
role at
LA Commons . About LA Commons
LA Commons is a 501(c)(3) arts nonprofit organization on a mission to engage communities in artistic and cultural expression that tells their unique stories and serves as a basis for dialogue, interaction and a shared understanding of Los Angeles. Through community-based art programs, centered on youth leadership development, we help diverse, generally low-income neighborhoods. LA Commons is an Equal Opportunity Employer: minority/female/disability/veteran. Position Overview
Reporting to the COO, this role is an integral part of the LA Commons team. The Finance Manager will oversee daily accounting operations, manage cash flow forecasting, month-end close, financial reporting, and ensure compliance with nonprofit financial regulations. This position is part of a highly collaborative team across all departments, including Community Arts, Grants and Contracts, Development, Operations, and a third-party bookkeeping service. Successful candidates should have nonprofit accounting experience, enthusiasm for LA Commons' mission, strong attention to detail, and a service orientation. Responsibilities
Accounting
Manage the month-end closing process, ensuring timely and accurate financial reporting, including the preparation and submission of monthly journal entries and balance sheet reconciliations Prepare and submit monthly account reconciliations for bank accounts, credit cards, petty cash, receivables and payables aging Process weekly accounts payable and receivables, invoices and payment processing, including collecting and maintaining documentation Supervise and mentor the Operations Coordinator to ensure smooth operations across payables Support preparation of Independent Contractor Agreements, amendments, and stipend agreements Ensure the procurement of goods and services complies with federal and other grant regulations Import biweekly payroll entries and classify in accordance with grant reporting requirements
Budgeting, Cash Flow & Reporting
Work closely with the COO to manage cash flow and ensure the financial health of the organization Assist in preparing the annual budget and monitoring financial performance to align with strategic goals Lead development of proposal budgets and budget modifications for funders Provide monthly Program budget updates to Department Heads ensuring data is clear, accurate, and actionable Support COO in preparing for quarterly Board meetings
Development, Grants, and Contracts
Partner with the Grants and Contracts Manager to create, track, and report on financials for private and institutional funders Submit invoices according to funder requirements and GMP best practices Ensure proper financial tracking of funds and compliance with grant requirements Maintain a schedule of donor reporting dates and prepare fiscal reports for donors as needed
Audit & Compliance
Develop, document and ensure compliance with nonprofit accounting standards, GAAP, and all applicable regulations, as well as LA Commons fiscal policies and procedures Organize, secure and oversee maintenance of all financial files in alignment with best practices and audit needs Prepare for and support annual audits, ensuring timely and accurate documentation and reports
Systems and Process Management
Update and develop financial procedures and systems for newly independent 501(c)(3) Serve as the primary contact for external bookkeeping service Continuously seek improvements to procedures and processes to enhance efficiency and accuracy
Qualifications
3+ years of accounting experience, particularly fund-restricted accounting Strong familiarity with GAAP and managerial accounting Proven ability to manage detailed accounting tasks, meet deadlines, and communicate financial data effectively Demonstrated experience in grant reporting for government, foundations, and corporations Ability to develop and implement fiscal systems reviews and changes Excellent organizational skills with strong attention to detail Ability to prioritize competing responsibilities Proficiency with accounting software (MonkeyPod a plus), Excel, Google Workspace Ability to work independently and collaboratively Positive and creative attitude; comfort with embracing challenges Demonstrated aptitude for synthesizing constructive feedback Experience preparing for and participating in audits is a plus Access to reliable transportation within LA County for in-person meetings Apply
Please follow the link to complete an online application.
#J-18808-Ljbffr