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Senior Accountant

Company: Cypress Hills Local Development Corporation Inc
Location: Brooklyn
Posted on: August 7, 2022

Job Description:

Cypress Hills Local Development Corporation (CHLDC) is a not-for-profit community development organization and settlement house serving 11,000 residents a year through a comprehensive array of housing preservation, economic development, community organizing and youth and family support services programs and projects. With community residents leading the way, the mission of Cypress Hills Local Development Corporation is to build a strong, sustainable Cypress Hills/East New York, where youth and adults achieve educational and economic success, secure healthy and affordable housing and develop leadership skills to transform their lives and community. We actively promote policies that advance racial equity.
Cypress Hills Local Development Corporation has an opening for one (1) full-time Senior Accountant in the Finance Division at the Administrative Office. The main goal is to enhance efficiency and communication between Fiscal and Program staff and between the Agency and our government funders while overseeing all budgets and maximizing the use of all funds awarded. In addition, to improving the flow of data within the Finance Department, while overseeing all contract and supervising the Business Managers.The Senior Accountant and Budget and Contract Manager is responsible for efficient fiscal, contractual, and systems management for all program budgets under the primary direction of the Finance Director. This positions responsibilities include, but are not limited to project budget management, developing, preparing, updating, and monitoring program budgets. Providing financial information and analyses to the directors and other staff; oversight of all expenditure reporting to funders (government and private). The position reports directly to the CFO to help ensure fiscally responsible implementation of all programs budgets and awards. The Senior Accounts/Budget and Contract Manager will work in close collaboration with program managers as well as the funding agencies financial staff in order to ensure the accuracy of expenditures with respect to budget approval and adherence guidelines.
Principal Duties:

  • Hire, supervise, train, and evaluate Business Managers.
  • Support Business Managers with reporting requests by assisting in the preparation and/or by generating special client/funder requests of financial reports and information.
  • Oversee and prepare monthly, quarterly and contract up-to-date financial reports, vouchers and other reports as needed for government, and private funding.
  • Review Business Managers reports/vouchers for accuracy and for adherence to the funding sources guidelines and expectations.
  • Plan and coordinate meetings with all Program Directors/Supervisors on a monthly basis to ensure clarity and direction on budget spending, adherence to budget guidelines, and to discuss compliance issues within expenditures on government and private funding.
  • Maintain a master calendar/tracking system of all reporting deadlines for contracts and grants and ensure timely submission of reports, ensuring all contract financial reporting are in compliance and up-to-date.
  • Act as the liaison between Fiscal Department and Program Directors/Supervisors in the areas of contract cost allocation.
  • Attend meetings/workshops regarding grants reporting with funding sources as needed.
  • Support month-end and year-end close processing.
  • Monitor and manage all program area expenditures in relation to budgets,
  • Monitor on a monthly basis expenses against revenues for each project, ensuring income receivable is accrued timely.
  • Analyze and communicate Program budget variance to the Controller, CFO, Deputy Director and Program Directors
  • Work with Programs to maximize administrative overhead and cost savings in all contracts.
  • Review monthly project detail reports, identify errors, implement corrections for miscoding and suggest ways to improve efficiency.
  • In consultation with the Controller, oversee the contract closeout process of Business Managers.
  • Oversee the preparation, analysis, and distribution of monthly and quarterly budget vs. actual expense reports, ensuring these are shared with Program Directors and Division Directors on a monthly basis.
  • Monitor the posting of Accounts Receivable entries based on accrual basis of accounting.
  • Responsible to flag and follow up on any outstanding receivables older than 30 days including receivables due from subsidiary corporations.
  • Deposit of paper checks received via automatic check scanner or bank branch if necessary
  • Responsible for the recording of all forms of bank deposits (EFT, checks, and cash) and maintaining the corresponding accounts receivable backup.
  • Demonstrates commitment to leadership development, community building, and community organizing as strategies for social change.
  • Perform other duties as assigned.
    Position Requirements:
    • Masters Degree in Finance or Accounting
    • Over 5 years experience in Grant Reporting
    • Strong interpersonal skills, highly organized, and motivated.
    • Experience in establishing and maintaining collaborative professional relationships
    • Strong verbal and interpersonal communication skills to work and interact effectively with a diverse community of stakeholders
    • Commitment to youth development perspective.
    • Competency in MS Office, databases and accounting software Knowledge of Blackbaud Financial Edge NXT is a plus.
    • Hands-on experience with spreadsheets and financial reports
    • Accuracy and attention to detail
    • Commitment to Racial Equity, Diversity and Inclusion.
    • Willingness, ability, and sensitivity required to work with people from diverse cultural backgrounds.
    • Participates in agencys committees/events.
      Work Environment:This position works in an office setting during the workday. This role routinely uses standard equipment such as computers, cellphones, photocopiers, and standard equipment such as scissors and tape dispensers.
      Physical Demands:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to use hands to finger, handle or feel; reach with hands and arms; and talk or hear. The employee frequently is required to stand; walk; and stoop, kneel, crouch or crawl. The employee is occasionally required to sit and climb or balance. The employee must regularly lift and/or move objects up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
      • Occasional local travel is expected for this position.
        • Reports directly to the CFO.
          • $70,000.00 - $75,000.00 annually, dependent upon experience. We offer a very competitive benefits package.

            • Work Schedule is Monday - Friday between from 9:00am and 5:00 pm.
              To Apply:
              • Please forward cover letter, resume, and three (3) references to Gaudi Polanco-Mendoza, Chief Finance Officer at:
                We are an equal opportunity employer and do not discriminate in hiring or employment on the basis of race, color, religion, national origin, gender, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.
                We offer competitive salaries, excellent benefits, and a pleasant working environment. Salary is based on a nonprofit scale and commensurate with experience.
                EOE Minorities/Women/Disabled/Veterans

Keywords: Cypress Hills Local Development Corporation Inc, New York , Senior Accountant, Accounting, Auditing , Brooklyn, New York

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