Rhode Island Foundation
The Rhode Island Foundation is our state’s only community foundation, mobilizing generosity and motivating change throughout the Ocean State. By partnering with generous and visionary donors since 1916, the Foundation aligns its fundraising, grantmaking and community investment, convening, advocacy, and capacity building efforts to address Rhode Island’s most pressing issues and the needs of diverse communities. The Foundation is a dynamic, fast-paced workplace. Its dedicated employees are committed to creating meaningful progress in Rhode Island.
The Rhode Island Foundation is currently seeking an Accounting Manager, responsible for the oversight of daily accounting operations, ensuring accurate financial accounting and reporting, and maintaining compliance with nonprofit accounting standards. This position will also assist with the Foundation’s annual audit, tax filings, and operational workflows. The Accounting Manager works closely with and receives direction from the Director of Finance and Administration.
Key responsibilities include:
General Accounting & Oversight
Maintain and reconcile general ledger accounts Oversee and manage accounts payable, accounts receivable, payroll processing, and bank reconciliations functions, including supervising staff that perform these functions Ensure timely and accurate posting of journal entries and general ledger maintenance Ensure timely month-end and year-end close processes Back-up for reconciliation of investment reporting and related activities Prepare accurate financial reporting for internal and external stakeholders Assist with annual financial statement audit and liaise with external auditors Oversee grant-specific and program-specific financial reporting and administration Oversee the annual IRS tax return filing requirements of the Foundation, including preparation of supporting workpapers, managing the workflow with the Foundation’s tax advisors, and ensuring accurate and timely filings Compliance & Controls
Ensure adherence to GAAP and nonprofit accounting standards Maintain internal controls and recommend process improvements Support implementation of financial policies and procedures Systems & Process Improvement
Assist with maintenance of accounting systems Identify opportunities to streamline workflows and improve reporting accuracy Provide support with managing the development, implementation, documentation, and continuous updating and improvement of process workflows The ideal candidate should have a bachelor’s degree in accounting or business administration with concentration in accounting; CPA is desirable. Additional requirements include: a minimum of 5 years of accounting experience, preferably in nonprofit or foundation settings, and a strong working knowledge and experience of accounting, budgeting, GAAP and cost control principles. The ideal candidate should also have experience with automated financial and accounting reporting systems, experience analyzing financial data and preparing financial statements, and proficiency in Word and Excel. Non-profit experience is strongly desirable. A prospective candidate must also have a proven ability to supervise staff and manage workflows, demonstrate strong written and verbal communication and interpersonal skills across departments, and embrace a collaborative work culture. Additionally, the applicant should have the ability to prioritize, create their own work plan, creatively solve problems, and exercise good judgment. The candidate must also be flexible with the ability to adjust activities and priorities and take on new responsibilities. The Rhode Island Foundation encourages a diverse work environment and is an equal opportunity employer. We offer excellent benefits and a salary range of $110,000 to $115,000 for this position.
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Maintain and reconcile general ledger accounts Oversee and manage accounts payable, accounts receivable, payroll processing, and bank reconciliations functions, including supervising staff that perform these functions Ensure timely and accurate posting of journal entries and general ledger maintenance Ensure timely month-end and year-end close processes Back-up for reconciliation of investment reporting and related activities Prepare accurate financial reporting for internal and external stakeholders Assist with annual financial statement audit and liaise with external auditors Oversee grant-specific and program-specific financial reporting and administration Oversee the annual IRS tax return filing requirements of the Foundation, including preparation of supporting workpapers, managing the workflow with the Foundation’s tax advisors, and ensuring accurate and timely filings Compliance & Controls
Ensure adherence to GAAP and nonprofit accounting standards Maintain internal controls and recommend process improvements Support implementation of financial policies and procedures Systems & Process Improvement
Assist with maintenance of accounting systems Identify opportunities to streamline workflows and improve reporting accuracy Provide support with managing the development, implementation, documentation, and continuous updating and improvement of process workflows The ideal candidate should have a bachelor’s degree in accounting or business administration with concentration in accounting; CPA is desirable. Additional requirements include: a minimum of 5 years of accounting experience, preferably in nonprofit or foundation settings, and a strong working knowledge and experience of accounting, budgeting, GAAP and cost control principles. The ideal candidate should also have experience with automated financial and accounting reporting systems, experience analyzing financial data and preparing financial statements, and proficiency in Word and Excel. Non-profit experience is strongly desirable. A prospective candidate must also have a proven ability to supervise staff and manage workflows, demonstrate strong written and verbal communication and interpersonal skills across departments, and embrace a collaborative work culture. Additionally, the applicant should have the ability to prioritize, create their own work plan, creatively solve problems, and exercise good judgment. The candidate must also be flexible with the ability to adjust activities and priorities and take on new responsibilities. The Rhode Island Foundation encourages a diverse work environment and is an equal opportunity employer. We offer excellent benefits and a salary range of $110,000 to $115,000 for this position.
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