Staff Accountant

ASSOCIATION FOR INDIVIDUAL DEVELOPMENT • Elgin, IL

9d • $60,000 - $60,000 • Onsite

About The Position

The Staff Accountant is responsible for monthly general ledger close activities, including standard journal entries, accruals, account analysis, variance research, program allocations, reconciliations, and report distribution. The role supports accounting for accounts receivable, accounts payable, and fixed assets, and works with A/P, A/R, and HUD personnel to learn and carry out Finance Department procedures. The Staff Accountant responds to staff inquiries, works with State of Illinois personnel on payment and confirmation procedures, and supports outside auditors during annual audit fieldwork.

The position requires proficiency in Sage Intacct and learning all phases of the Finance Department’s work so the employee can provide coverage for other staff. Responsibilities include month-end close, preparing financial statements for all entities, processing deposits and invoices, generating A/P checks and recurring entries, reconciling bank statements and accounts, and preparing audit schedules and work papers. Other tasks and projects may be assigned by the AVP of Finance.

This is a full-time, day-shift position in Elgin, Illinois. It requires a bachelor’s degree in Accounting or Finance, familiarity with computerized accounting systems, general office experience, use of a personal automobile, a valid Illinois driver’s license, and the minimum automobile liability insurance required by AID policy. Physical requirements include prolonged periods sitting at a computer, occasional standing and walking, and light lifting up to 20 pounds.

Requirements

• Bachelor’s degree in Accounting or Finance.
• Familiarity with computerized accounting systems.
• General office experience.
• Must be able to perform the essential functions of the position, including prolonged sitting at a computer, occasional standing and walking, and light lifting up to 20 pounds.
• Requires use of the employee’s personal automobile, a valid Illinois driver’s license, and the minimum automobile liability insurance specified by AID personnel policies.

Nice To Haves

• Experience with Sage Intacct is preferred.

Responsibilities

• Complete monthly general ledger close according to the Finance Department checklist, including standard journal entries and accruals.
• Analyze general ledger accounts and research monthly variances.
• Prepare monthly program allocations and reconciliations, and distribute reports to departments, the Board, and the Board Finance Committee.
• Analyze and reconcile accounts receivable, accounts payable, and fixed assets.
• Learn A/P, A/R, and HUD procedures and perform related departmental work.
• Respond to AID staff questions, inquiries, and notifications about related matters.
• Become familiar with State of Illinois payment and confirmation procedures and coordinate with State personnel in Springfield.
• Work with outside auditors during annual audit fieldwork.
• Learn all phases of Finance Department work and provide coverage for other staff as needed.
• Use Sage Intacct accounting software and learn all phases of the monthly accounting cycle.
• Handle month-end close activities, including recurring journal entries, account analysis, and A/P, A/R, and fixed-asset reports and reconciliations with the General Ledger.
• Perform or supervise monthly bank statement reconciliations and remote bank deposits; code and post deposits to A/R and the General Ledger; process A/P invoices; generate A/P checks; and generate recurring A/P and A/R entries.
• Prepare monthly financial statements for all entities.
• Learn State of Illinois billing and reimbursement procedures to process and apply payments to the correct programs.
• Complete responsibilities and respond to staff inquiries in a timely manner.
• Prepare schedules and work papers for audit personnel as required.
• Complete other tasks and projects assigned by the AVP of Finance.

Benefits

• Up to 21 days of paid time off.
• 10 paid holidays.
• Paid training.
• Tuition reimbursement.
• Medical, dental, vision, life, short-term disability, long-term disability, critical illness, and accident insurance.
• 401(k) with a 3.5% company contribution after one year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level