General Purpose Accountant – Bank Reconciliations and Federal
The General Purpose Accountant – Bank Reconciliations and Federal assists in the preparation and analysis of financial information related to the organization's bank accounts and Federal accounting. Work includes, but is not limited to, periodic reconciliation of financial statement accounts, analytical review of activity, and participating in financial closings. The General Purpose Accountant – Bank Reconciliations and Federal also manages the Federal billing and payment process, including acting as a backup for creating bills, managing the billing process, and reconciling and resolving billing items. The General Purpose Accountant – Bank Reconciliations and Federal has frequent internal and external contact with customers and service providers (e.g., Banks). The General Purpose Accountant – Bank Reconciliations and Federal also assists the Controller and Asst. Controller - Operations in ensuring conformity with corporate practices, policies and procedures.
Duties and Responsibilities:
30-40% Ensure accuracy and integrity in capturing financial data by performance of the routine and non-routine daily, weekly, monthly, quarterly and annual processes. As well, ensure proper internal controls are in place and operating effectively in all facets of financial reporting operations. Manage daily banking transactions such as bank reconciling items, banking fees, positive pay exceptions, distributing daily cash reports, etc.
30-40% Maintain and reconcile multiple bank accounts using advanced excel functions., as well as perform timely investigation and resolution of errors and omissions in financial ledger on a monthly basis. Provide daily balance reports, including outstanding check calculation, to management on a daily basis. Monitor outstanding checks and manage escheat process. Mark checks as paid in accounting system on a weekly basis.
0-5% Provide guidance on process set ups, maximization of banking products, and dissemination of information to staff. Research software add-ons with compatibility to Lawson; develop expert level knowledge on Lawson accounting software.
10-15% Manage the Federal internal billing process, including processing Federal invoices, reviewing Federal invoices for accuracy, reconciling accounts and investigating and resolving items with insufficient back up. Review and process Federal payroll. Other Federal accounting duties as assigned.
0-5% Analyze and review Federal financial documents: Review accounting data in order to determine that items are properly coded, authorized, allowable, and reasonable. Determine that funds are available before submitting the requisitions to CFO for funds certification. Act as partial backup for the Federal Accountant.
5-10% Other critical duties: (a) Assist staff throughout the Center to know and better understand our financial policies and procedures. Participate in group training sessions as well as one-on-one instruction; (b) Support preparation for and participate in annual financial statement audit and other regulatory audits as such audits occur; (c) Suggest improvements in processes to increase effectiveness and compliance as well as assist with any procedural changes as they arise; (d) Special Projects and other duties as assigned; (e) Maintain current process documentation for specific duties.
5-10% Analyze data and prepare journal entries for special events payments that arrive via wire transfer. Review settlement documentation and prepare journal entries for G&A settlements. Act as partial backup to Settlements Accountant. Review parking and gift shop journal entries prepared by colleagues. Assist with reclass entries and analysis.
0-5% Assist in the preparation of tax returns and data repackaging projects such as the 990 and organizational survey projects. Provide critical analysis of how best to derive required information and continually improve processes as systems and procedures evolve.
• Bachelor’s degree in business-related field preferred.
• At least 2-4 years of general accounting/bookkeeping experience.
• CPA candidate a differentiating factor.
Minimum Skills and/or Knowledge Required
Critical Skills: Good written and oral communication skills; proficiency in use of general ledger application; Advanced knowledge and practice of Microsoft Excel; Attention to detail; familiarity/experience with Infor/Lawson software is a differentiating factor.
The John F. Kennedy Center for the Performing Arts is a world premier performing arts organization and our nation’s cultural center. Diversity is a critical component of our mission, vision, and values. Our staff exhibits a wide variety of perspectives and experiences which enable us to foster and strengthen an environment of diversity and inclusion.