Senior Accountant

Company: Foundation of the NIH
Location: Rockville
Posted on: January 15, 2022

Job Description:

ABOUT THE ORGANIZATION: The Foundation for the National Institutes of Health (FNIH) creates and manages alliances with public and private institutions in support of the mission of the National Institutes of Health (NIH), the world's premier medical research agency. The Foundation, also known as the FNIH, works with its partners to accelerate biomedical research and strategies against diseases and health concerns in the United States and across the globe. The FNIH organizes and administers research projects; supports education and training of new researchers; organizes educational events and symposia; and administers a series of funds supporting a wide range of health issues. Established by Congress in 1990, the FNIH is a not-for-profit 501(c)(3) charitable organization.EOE STATEMENT: The FNIH is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law. The FNIH celebrates diversity and is committed to creating an inclusive environment for all employees.DescriptionUnder the supervision of the Vice President of Finance, Controller, the Senior Accountant performs complex accounting and analytical functions with a high degree of accuracy, accountability, autonomy and confidentiality and is primarily responsible for project budgeting, accounting, and financial reporting. The Senior Nonprofit Accountant is a key resource for developing and tracking the annual operating and project budgets, spending rate analyses, and indirect cost recovery. Key Responsibilities:

• Responsible for the month-end close process, including preparation of account reconciliations, journal entries, and variance analyses.
• Responsible for Accounts Receivable process including recording and processing donor invoices, submitting funding requests and recording cash receipts and other payments.
• Coordinate 403(B) retirement plan compliance activities including 5500 submissions and annual retirement plan audit.
• Responsible for Revenue Recognition process including check log review and revenue reconciliation with the Development Department
• Prepare periodic financial reports, monitor and analyze project revenue, spending, commitments and available cash.
• Responsible for monthly investment schedules; prepare and record investment journal entries.
• Responsible for monthly salary allocations.
• Prepare and update Fixed Assets Schedule.
• Responsible for weekly electronic payments
• Lead financial planning, budgeting, reporting, and troubleshooting for a growing portfolio of assigned projects. Prepare journal entries for month-end entries for assigned areas, including but not limited to cost allocations and indirect cost recovery.
• Assist with improving, implementing, and documenting processes and internal control policies and procedures.
• Maintain a strong control environment ensuring compliance with policies and procedures.
• Function as the primary backup and support for finance and accounting team roles as assigned by management.
• Year-end audit assistance, including preparation of financial audit schedules.
• Other duties as assigned to assist in meeting department and Foundation goals and deadlines POSITION REQUIREMENTS:
  • Bachelor's degree in finance or accounting with a minimum of five years of progressive experience in a not-for profit environment preferred.
  • CPA and/or MBA a plus.
  • Technical experience with Excel, general ledger reports and accounting software.
  • Experience with fund accounting principles, practices and regulations.
  • Must possess the ability to influence without direct authority.
  • Ability to multi-task and prioritize work with careful attention to detail.
  • Ability to work in a changing environment and as part of a team, taking on tasks at all levels.
  • Ability and desire to work well with diverse employees and customers in a cooperative and friendly manner. PM21
    • Must be able to work on a self-initiated basis and in a cross functional, team oriented environment at all levels of the organization.
    • Strong analytical skills, detail orientation, trustworthiness, and ability to work under strict deadlines.
    • Excellent written and verbal communications skills. FULL-TIME/PART-TIME: Full-TimeLOCATION: Maryland, Rockville

Keywords: Foundation of the NIH, Rockville , Senior Accountant, Accounting, Auditing , Rockville, Maryland