Come join the YMCA of Greater Boston as a Revenue Analyst! The Revenue Anaylst role owns the process of managing daily revenue, grant funding and compliance, as well as other accounting functions. Successful candidates have previous accounting and not for profit experience.
The Revenue Analyst is responsible for assisting in the management of the following:
- Daily Revenue Cash & management and oversight of the “Revenue Transaction Cycle”
- Grant Funding and Compliance (including deferred revenue and revenue recognition matters)
- Fundraising/Financial Development Department accounting, revenue and cash management and reporting support
- Accounting & Finance software system expertise, data uploads to general ledger, and timely and accurate recognition and reporting of revenue and deferred revenue
- Other General and As Needed Accounting Support such as:
- General accounting, GAAP reporting and audit work and preparation
- Property Plant & Equipment Including Construction in Progress
This position requires supporting many “internal customers” such as the 16 Y branches and the network of Business Managers at each Y, as well as direct support to the corporate functional groups such as finance, financial development, and information systems.
Areas of Responsibility:
- Using a number of different software systems (e.g. point of sale system, fundraising software, hotel management software) perform compilation, accounting and analysis of consolidated revenue (e.g. by branch, by revenue type such as membership sales, instructional program revenue, government funding, unrestricted/temporarily restricted/restricted donations, and more) ensuring proper revenue recognition.
- Continued enhancements to existing revenue reporting including formats that are easy to read and understand.
- Oversee all cash reporting and reconciliation (from and including all branch and program sites as applicable), research discrepancies, perform account reconciliations.
- Oversee the use of the third party collection system/agency “Transworld Collections” across the branches, working closely with branch business managers.
- Process incoming electronic payments sent to the Association Offices and prepare management transmittals.
- Accounting and analysis of balance sheet accounts including accounts receivable, contributions receivable, and deferred revenue.
- Manage Accounts Receivable for all branches including analysis and review of collectability, assisting all branch business managers with accounts receivable issues.
- Working under the direction of the VP of Accounting and Financial Systems, manage and account for the annual United Way donation and all grant activity in accordance with the Not-For Profit Guide.
- Collaborate with the financial development department for financial reporting including regular “crosswalk” of pledges receivable to recorded revenue (using two software systems).
- Complete/review the weekly revenue posting from all third party software applications e.g. point-of-sale software, resident camp software and others, to the General Ledger.
Educational Background:
Bachelor of Science in Business Administration with a concentration in Finance or Accounting, a must.
Skills/Experience:
- 2 - 5 years of experience with a combination of public accounting and corporate accounting/finance department of a medium to large-sized organization.
- Not for profit experience is a plus.
- Strong foundation for development and continuous improvement of existing policies, procedures, and internal control systems within revenue, accounts receivable and cash administration practices.
- Strong written and verbal communication skills.
- Experience with researching issues and preparing recommendations for resolution.
- Knowledge of and experience with the financial closing cycle, journal entry preparation, transaction processing and account analysis prior to final issuance of financial statements.
- Knowledge of medium to large scale accounting (general ledger) and other software application (e.g. point of sale systems), all of which would be transferable to the Y’s proprietary systems. However, the Y is currently in the process of making a long term investment in a new, updated revenue/retail system and will require position to assist with adjusting the front end registration and accounting for all types transactions including membership, program, contributions, child development services, etc. for which the person in this position will in time be expected to become an expert user.
- Positive people and management skills for development of assigned/support staff with ability to work in teams and independently.
Education and Other Preferred Experience
- Working knowledge of corporate financial statements and generally accepted accounting principles.
Work Environment:
- The noise level in the work environment is usually moderate.
- Evening work will be required during monthly and year-end financial closes.
- Vacation requests are subject to approval based on current needs of the Finance department.
Compensation/Benefits:
Salary: $55,000.00 - $65,000.00
Job Function:
Organization Info
Listing Stats
Post Date:
Feb 13 2018
Active Until:
Mar 13 2018
Hiring Organization:
YMCA of the USA
industry:
Nonprofit