Financial Accountant III

Focus on the Family•Colorado Springs, CO

2d•Onsite

About The Position

The Financial Accountant III position exists to provide advanced support to assigned ministries in one or more of the following areas: general accounting, accounts payable, accounts receivable, financial analysis, and reporting. This role involves developing an in-depth understanding of assigned Impact Centers’ ministry objectives, interfacing with client project managers and facilitators to ensure accurate and timely accounting of ministry activities, and contributing significantly to planning annual budgets and monitoring the execution of ongoing financial plans. The position also ensures timely and accurate processing of incoming sales invoices and corresponding payments, interacts with vendors and staff for invoice/payment resolution, and ensures outgoing invoices and received payments are processed promptly. It includes maintaining customer and supplier accounts, posting transactions to the general ledger, and preparing and entering accruals and journal entries in compliance with GAAP, ministry policies, and procedures. The role performs financial analysis, reconciliations, and journal entries to support monthly and annual close processes, prepares detailed financial reports, and provides information to clients, staff, and executive leadership. Additionally, it involves developing, maintaining, and troubleshooting complex spreadsheets and databases for financial monitoring and reporting, engaging with other work groups to solve problems, maintain regulatory compliance, and maximize ministry stewardship, and assisting in developing and implementing effective internal controls. The position oversees record-keeping in compliance with GAAP and ministry policies and participates in cross-functional team assignments. Specific responsibilities include managing charitable solicitations and gift annuities filings, administering licensing agreements and royalty income, and ensuring accurate and timely preparation and filing of sales and use tax returns, federal and state tax documents, and other tax-related forms. It also involves analyzing unrelated business income, reconciling sales tax accounts, researching tax and business topics, reviewing publications for lobbying activity compliance, analyzing rental income for tax filings, assisting with use tax calculations, maintaining customer sales tax exemptions, and analyzing sales tax errors. Furthermore, the role posts, reconciles, and maintains the Fixed Asset ledger, participates in capital budget coordination, reviews and tracks Capital Appropriation Requests, and calculates and maintains depreciation schedules. For inventory accounting, the position is responsible for accurate weighted average costs, item numbers, accounting instructions, and document types in the accounting system, as well as accurate accounting of inventory, Cost of Goods Distributed, product assembly, obsolescence/excess valuations, and disposals, and providing meaningful analysis and reporting to management. Other duties include assisting in training and development of staff, assisting in insurance renewals, and performing other assigned duties. The role may oversee the work of lower-level staff accountants.

Requirements

Bachelor's Degree in Accounting, Finance, or in Business with emphasis in Accounting preferred
2-4 years of experience in Accounting or Financial Analysis (or equivalent work experience)
Able to communicate effectively, verbally and written
Ability to deal with stress from deadline pressure and multiple tasks
Shows discretion in handling confidential information
Proficient in use of MS Office software, especially Excel advanced functions (lookups, pivot tables, macros, etc.)
Attention to detail, self-starter, good follow-through
Analytical skills to extract data and draw conclusions
Ability to prioritize and schedule workload; work independently
Ability to work in a team environment
Strong technical aptitude required to learn, operate, and troubleshoot specific software and related systems
Ability to learn complex subject matter and tasks quickly and with minimal supervision or assistance
Exemplifies Ephesians 5:1-2, “Therefore be imitators of God as dear children and walk in love, as Christ also has loved us and given Himself for us...”
Pursues the Great Commission given by Jesus Christ in Matthew 28:19-20, “Go therefore and make disciples of all the nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, teaching them to observe all things that I have commanded you; and lo, I am with you always, even to the end of the age.”
Is a consistent witness for Jesus Christ; maintains a courteous, Christ-like attitude in dealing with people within and outside of Focus; adheres to the Standard of Moral Conduct and Statement of Faith; upholds Focus on the Family's ministry in prayer
Prays personally for Focus on the Family’s staff and constituents and may occasionally lead in a public prayer
Engages in Christian ministry
Demonstrates behaviors aligned with FOF core values
Strong integrity and character-based leadership needed to provide accountability on financial stewardship, reporting, and management issues
Must be a servant leader who maximizes strengths and maintains accountability in areas of needed development

Nice To Haves

Previous experience in coordinating tax matters preferred (Tax & Lobbying position)
Previous experience in coordinating insurance matters preferred (Risk & Insurance position)
2 years of experience with Royalty contracts and computation of related Royalty income, advances, and expenses preferred (Royalty position)
Great Plains experience helpful

Responsibilities

Develops in-depth understanding of assigned Impact Centers’ ministry objectives
Interfaces with client project managers and facilitators to ensure accurate and timely accounting of ministry activities
Contributes significantly to planning annual budgets and monitors execution of ongoing financial plans
Ensures timely and accurate processing of incoming sales invoices and corresponding payments
Interacts with vendors, Ministry Procurement Services, and other staff to provide invoice/payment resolution
Ensures outgoing invoices and posting of corresponding payments received are processed in a timely manner
Maintains customer and supplier accounts and posts transactions to the general ledger
Prepares and enters accruals and journal entries to the general ledger in compliance with GAAP, ministry policies, and procedures
Performs financial analysis, reconciliations, and journal entries in support of monthly and annual close processes
Prepares detailed financial reports and provides other information to clients, staff, and executive leadership as needed
Develops, maintains, and troubleshoots complex spreadsheets and databases to facilitate monitoring and reporting of financial activities
Engages other work groups to solve problems, maintain regulatory compliance, and maximize ministry stewardship
Assists in developing and implementing effective internal controls within areas of responsibility
Oversees record-keeping in compliance with GAAP and ministry policies
Participates in cross functional team assignments as required
Prepares information for internal and external audits
Ensures timely review and filing of state charitable solicitation and charitable gift annuity filings
Administers Domestic, International, and Associate Office licensing agreements, including the allocation of related Royalty Income
Audits Author & Mechanical contracts and makes appropriate revisions to the royalty system
Reviews Product and Music contracts, ensuring that they are accurately set up in the royalty system, and that all royalty calculations are accurate
Performs Royalty-related month-end close requirements, including reconciliation and journal entries
Ensures accurate and timely preparation and filing of monthly, quarterly, and special event sales and use tax returns
Contributes toward completion of numerous state and federal tax documents and forms, including IRS Forms 990 and 5500, W-9, tax exempt certificates, estimated tax vouchers, ECFA filings, and tax and business license requests
Analyzes and reports unrelated business income; reconciles sales tax accounts in the general ledger
Performs or reviews research into tax and business topics as assigned and reports findings to management
Reviews ministry publications, broadcasts, and other communications related to lobbying activity to ensure compliance with Internal Revenue Code
Analyzes monthly rental income invoices for inclusion in exempt property tax filing
Assists in monthly use tax calculation for inclusion into upload to Avalara AvaTax
Assists in maintaining customer sales tax exemptions in Avalara CertCapture and renewal campaigns
Analyzes Sales tax errors and reconciliations on an as needed basis
Posts, reconciles, and maintains Fixed Asset ledger
Participates in the coordination and development of capital budgets
Reviews and tracks Capital Appropriation Requests
Calculates and maintains depreciation schedules
Is responsible for the accurate weighted average costs, item numbers, automated accounting instructions and document types utilized in the inventory module of the accounting enterprise system
Is responsible for accurate accounting of inventory, Cost of Goods Distributed, product assembly, obsolescence/excess valuations, and disposals
Provides meaningful and accurate analysis and reporting to management
Assists in the training and development of staff at various levels
Assists in various insurance renewals
Performs other duties as assigned