The National Academies of Sciences, Engineering, and Medicine is a private, nonprofit institution that provides expert advice on some of the most pressing challenges facing the nation and the world. Our work helps shape sound policies, inform public opinion, and advance the pursuit of science, engineering, and medicine. The Academies bring together leaders from academia, industry, government and other sectors to provide cogent, unbiased advice to the government and citizens of the United States.
The Office of the Chief Financial Officer (OCFO) is responsible for all financial aspects of The National Academies of Sciences, Engineering, and Medicine (NAS), including Accounting, Budget, Contracts and Grants Accounting, Contracts and Grants Management, Procurement, and Financial Analysis and Reporting.
The General Ledger Senior Accountant in the Controller's Office performs more complex accounting activities in accordance with accounting principles and standards to control the organization's financial resources and ensures that it complies with all relevant regulations, laws, and reporting requirements. Utilizes accounting policies and procedures in performing and reviewing the accounting transactions of others: prepares various complex accounting statements, reports and transactions; analyzes financial reports and records, making studies or recommendations relative to the accounting of reserves, assets and expenditures; reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records; conducts special studies and develops or recommends accounting methods and procedures; coordinates accounting matters with internal staff and external customers; areas of activity may include accounts receivable, accounts payable, payroll, debt, lease commitments, general ledger entries, financial report preparation and reconciliation, bank statements, and budget reporting.
ESSENTIAL JOB DUTIES:
1. Reviews and prepares the monthly reconciliations of balance sheet accounts such as but not limited to cash, prepaid expenses, fixed assets, accounts payable, bond, and other liabilities to ensure accuracy for financial statement users.
2. Maintains the Academies' asset management system including monthly accounting of fixed asset activity. Works with the Budget office and department financial officers in administration of the Academies' capitalization policy.
3. Performs the month-end close process, ensuring the generation of timely and accurate financial statements and interdepartmental reports.
4. Analyzes financial information and prepares complex financial reports and accounting statements within functional accounting areas assigned. Ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles.
5. Submits property reports on applicable contracts to the federal government.
6. Works on special projects, such as the year-end financial statement audit, quarterly financial statements presented to our bond holders, and may participate in the most complex general accounting projects.
7. Develops or modifies major segments of an accounting system including associated accounts, records, reports and controls. Analyzes the accounting system to determine the need for new accounts, revisions in the account structure, revisions in the reporting system, changes in the use of accounts, and new account classifications or definitions.
8. Provides technical accounting advice within area of expertise to functional or operational areas managers to help them develop revenue and expense budgets, understand financial reports, and manage their financial responsibilities.
9. May provide work leadership for lower level employees. Coaches less experienced accounting staff and helps them resolve problems.
10. Maintains an appropriate standard of confidentiality. When handling secure, privileged, sensitive, or confidential information and matters, maintains strict confidence and exercises care to prevent disclosure to others. Accesses confidential information for work-related reasons only following the policies and procedures of the organization. Ensures that any privileged, sensitive, or confidential information is securely stored, disposed of, and transmitted according to the Academies' guidance.Employee Type:EmployeeScheduled Weekly Hours:37.5City/State:Washington, District of Columbia