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Revenue Accountant - Minneapolis, United States - Jeremiah Program
Description
ABOUT JEREMIAH PROGRAM
Jeremiah Program (JP) is a nonprofit organization helping single mothers invest in themselves.
So, they can thrive and take steps towards economic mobility by helping them access higher-education, affordable childcare, housing, skills training, and career development.
JP envisions a world where poverty is no longer feminized; where race is not divorced from gender; where career and financial opportunities are not gentrified; and where women who experience poverty not only hold a seat at the table but hold the mic and curate the agenda.
Jeremiah Program offers one of the nation's most successful strategies for disrupting poverty, two generations at a time.At JP, we believe that no mother should have to make the untenable choice between investing in herself or supporting her children.
Our holistic approach invites single mothers into the leadership tent and encourages families to bring all their identities to bear in achieving their goals in pursuit of economic mobility.
Founded in 1993, this year JP is supporting nearly 2,000 moms and kids across nine residential and non-residential campuses: Austin, Baltimore, Boston, Brooklyn, Fargo, Las Vegas, Minneapolis, St.
POSTION SUMMARY:
As a Revenue Accountant at Jeremiah Program, your primary responsibility is to ensure the financial health of the organization by meticulously organizing and executing accounting, reporting, and internal control functions, guaranteeing data accuracy, integrity, and timely reporting of program revenue and grant revenue.
Director of Finance to enhance policies, procedures, and systems, aligning them with the program's mission and values, and provide insightful analysis to support informed decision-making for the organization's multi-site operations.
Key responsibilities include executing accounting processes with precision, maintaining internal controls to safeguard financial assets and ensure compliance with regulations, collaborating to refine policies, procedures, and systems, providing insights and analysis on financial data to advise key stakeholders on business decisions, and supporting the organization's mission and values through diligent financial management and reporting.
Fulfilling these responsibilities is crucial for maintaining Jeremiah Program's financial stability and advancing its mission to empower single mothers and their families.
PRIMARY RESPONSIBILITIES:
A.
Program
Revenue Management
Responsible for keeping track of Jeremiah's income and debt by completing the required reconciliations, analysis, and reporting. Ensure financials are in accordance with GAAP (Generally Accepted Accounting Principles). Update procedures and related documentation as needed to maintain and improve the month-end closing process.
Responsible for working closely with the five JP Child Development Center (CDC) Directors to ensure accurate and timely billing to various county agencies and private pay families.
Also responsible for applying payments in childcare management system and follow-up with CDC Directors with unpaid balances.Monitor and evaluate revenue and expenses related to residential locations to maximize effectiveness by reconciling financial discrepancies and analyzing account information.
Responsible for accurate and timely completion of monthly bank reconciliations to ensuring correct reporting of balance sheet and income statement in accordance with Generally Accepted Accounting PrinciplesExperience with rules and regulations governing federal, state, and local programs; or housing and urban development guidelines; or low rent housing accounting.
Oversees the work of campus Housing Managers regarding the posting, balancing, and reconciliation of the general rent and subsidiary accounts.
Monitor CDC and Housing receivables by following up with stakeholders as needed to minimize write-offs and year-end adjustments.Analyze, finalize, and issue monthly Child Development Center and Housing dashboards, used by management to make timely and necessary business decisions.
B.Grant Revenue Management
Responsible for monitoring, analyzing, and maintaining financial transactions for a wide variety of purpose restricted grants by timely tracking revenues and expenditures and providing post-grant reporting.
Monitor gift receivables by following up with finance and development team stakeholders as needed to minimize write-offs and year-end adjustments.
Ensure restricted grants/gifts are released according to the grantors' request and GAAP.C.
Other Finance Activities
Additional duties required to support the finance department.
Become the backup support for tasks related to AP Processing, cash posting, and month-end close processing.
Identifying, implementing, and documenting process improvements.
Actively contribute to collaborative team spirit, fostering overall inclusiveness and safe learning environment of Jeremiah Program, in conjunction with the program mission
All other duties as assigned.
Bachelor's degree in Accounting, Finance, or Business Administration required.
Five to eight years relevant accounting/finance experience.
Demonstrate accomplishments in the following areas: Financial reporting and analysis, Planning and Forecasting, Data Analysis, Working with Senior Leadership, Business Process Improvements, Quality and Risk Management, Advanced Microsoft Office skills (Excel, PowerPoint, Outlook, Teams)
Knowledge of financial systems
Proficient in ERP system similar to Sage Intacct accounting software required.
Ability to work in a fast-paced environment, work well under pressure, handle multiple projects, and manage resources.
Must be detail oriented and highly organized, with the ability to multi-task, problem solve, meet deadlines, and work independently with minimal supervision.
Initiative-taking work style with demonstrated willingness to continuously learn and adapt to change.Excellent written and verbal communication skills with naturally positive and professional demeanor.
Ability to work collaboratively in a diverse environment with all staff and constituents.
Passion for Jeremiah Program's mission and values.
SALARY & BENEFITS:
Salaries for people entering this role typically fall between $71,000 - $85,000 and are commensurate with relevant experience and qualifications and in alignment with internal equity.
We are an equal employment opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
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