ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

Reconciliation Analyst

Company: Neighborhood Housing Services
Location: Chicago
Posted on: May 28, 2023

Job Description:

BASIC JOB FUNCTION Under the direction of the Director of Finance, the Staff Accountant is responsible for the reconciliations of A/R, accrued revenue, deferred revenue, restricted net assets, and other balance sheet accounts as assigned to ensure the accuracy of the financial statements. This position will also assist with the monthly preparation and analysis of the individual entity and consolidated financial statements, budgets, audit, and information returns (Form 990). They will also be responsible for periodic evaluation and improvement of financial policies and procedures related to the various tasks needed for accurate production of financial statements and supporting schedules.Together with the Director of Finance, he/she will prepare presentations in support of board and monthly/quarterly senior leadership meetings, and various regulatory and Financial and performance reporting.

ESSENTIAL JOB DUTIES & RESPONSIBILITIES

Reconcile the Accounts Receivable, Deferred Revenue, Contribution, and Accrued Revenue accounts to ensure the balances are accurate. Reconcile Restricted Net Assets to ensure proper recording of any restricted contributions and release of restrictions are recorded. Reconcile other assigned Balance Sheet accounts to source documentation. Prepare journal entries to record revenue accruals or other estimates and reclassifications as needed. Prepare assigned month-end closing reports. POSITION DESCRIPTION: Assist with preparation and analysis of monthly financial statements and variance reporting. Assist with the annual audit including preparation of audit schedules and retrieving support related to audit samples requested by external auditors. Assist with the preparation of annual information tax returns (990's) and corporate reporting requirements. Assist with gathering information needed to complete the annual budget (both internal and grant). Assists the Director of Finance in developing and executing standardized financial reporting cycles for different internal and external audiences to support effective decision making. Assist with the creation of report formats to be used for more effective financial analysis. Retrieves and consolidates data from multiple systems into financial models to identify and reconcile discrepancies; recommends solutions to efficiently organize data for future uses, ensuring that corrections or changes are implemented properly. Assist in documentation and monitoring of internal controls. Other related duties and departmental coverage as assigned.

COMPETENCIES To perform the job successfully, an individual should demonstrate the following competencies: Confidentiality- Maintains all client communications and information confidential as per code of ethics, and per client instructions. Policy compliance - Policy compliance refers to practicing the organization's guidance on issues such as ethics, and record-keeping, personal use of organizational property, sexual harassment, work safety, etc. Productivity/ Time Management - Uses time effectively and efficiently. Values time, Concentrates efforts on important priorities.

PERFORMANCE MEASURES Completes assigned tasks within Finance Service-Level commitment timelines. Provides high-quality customer service to meet organizational standards.

POSITION QUALIFICATIONS The requirements listed below are representative of the knowledge, skill, and/or ability required to perform this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.EducationA Bachelor's degree in AccountingJob ExperienceOne (1) year of industry experience in public accounting, not-for-profit, mortgage brokering, or real estate environment. Progress in attaining a CPA is a plus.Computer SkillsTo perform this job successfully, an individual should exhibit a high degree of proficiency with Microsoft Office Suite. Advanced background in Excel formulas and data manipulation required. Good working knowledge of business intelligence applications.Special Knowledge and SkillsThe Staff Accountant is expected to: Have excellent ability to quickly dissect and understand complex transactions and provide meaningful analysis Be an articulate, succinct and persuasive oral and written communicator who can interact with diverse audiences Be a results-oriented professional who can positively influence organizational outcomes and manage assigned tasks Have a sense of urgency, meet deadlines, and be results oriented Work independently Demonstrate excellent analytical skills Handle multi-projects / responsibilities Thrive in a challenging and diverse work environment Enjoy working at a very detailed level Possess a strong belief in NHS' missionLanguage SkillsHas the ability to: Read and interpret documents such as operating and maintenance instructions, and procedure manuals; Write routine reports and correspondence and Speak effectively before groups of customers or employees of organization.Certificates, Licenses, RegistrationsNone

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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is frequently required to walk; sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear; is occasionally required to stand and stoop, kneel, crouch, or crawl and must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.Job Type: Full-time

Keywords: Neighborhood Housing Services, Chicago , Reconciliation Analyst, Accounting, Auditing , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds