Senior Accountant

Founded in 1989, the Asian American Federation (AAF) is one of the strongest leadership voices advocating for better policies, services, and funding that lead to more justice and opportunity for 1.5 million Asian Americans in New York City. We do this in partnership with 70 community-based organizations.

Asians are the fastest-growing community in our city and state, and we advocate to ensure that our community is visible, our voices are heard, and our stories are told. Shaped by our research, we focus on community safety, mental health, economic empowerment, immigrant integration, and civic engagement to help connect Asian New Yorkers with the resources they need.

Overview:

Reporting to the Controller, the Senior Accountant will be responsible for managing all aspects of the organization’s financial operations. With the use of GAAP, they will perform various complex accounting activities and financial analysis, including, but not limited to, budget development; fiscal interpretation and analysis; preparing financial reports; performing account reconciliations; and various accounting duties. They will oversee the full cycle of bookkeeping, payroll, and grant reporting functions, including accounts payable, accounts receivable, expense allocations, and the monthly close.

The ideal candidate for this role is a humble, emotionally-intelligent, detail-oriented individual poised to help elevate the accounting infrastructure of a dynamic and fast-paced nonprofit. This individual will enjoy the day-to-day details and consistency provided by intricate, fast-paced, and process-oriented work. The Senior Accountant will be able to translate complex financial policies and procedures in a way that colleagues outside of the finance team understand with ease. This is a fantastic opportunity for a highly motivated and proactive, early career accounting professional looking to further develop their skill as part of a growing finance team.

This is a hybrid role reporting to AAF’s Wall Street office and will be required to be in the office two days a week.

Responsibilities:

Reporting to the Controller, the Senior Accountant will be responsible for, but not exclusive to the following:

Accounting Operations

• Audit and Compliance:
  • Organize and maintain audit schedules (balance sheet & income statement).
  • Support annual audit and 990 reports by adhering to organizational accounting policies and procedures throughout the year and by providing the Audit firm with the required reports and backup.
  • Ensure timely compliance with federal, state, and local financial legal requirements.
• Accounts Payable and Receivable:
  • Work independently to process accounts payable and accounts receivable in a timely manner.
  • Manage vendor relationships, including tax exemption requests and dispute resolutions.
  • Gathering of W9’s and appropriately tracking vendors for 1099 status.
• Financial Records Management:
  • Maintain and secure financial records in accordance with GAAP.
  • Enter payroll journal entries and allocation journal entries.
  • Assist in the management and maintenance of financial software systems (e.g., QuickBooks, Bill.com).
• Month-End and Year-End Close:
  • Complete month-close process, including bank reconciliations and reporting entries.
  • Collaborate with the finance team to ensure accurate and timely financial reporting.

Operations Support

• Policy and Procedures:
  • Help the team maintain efficient and effective accounting and financial management infrastructure including policies, processes, procedures and internal controls.
  • Prepare and recommend accounting policies and procedures to strengthen internal controls.

• Financial Analysis:
  • Monitor, analyze, and interpret financial trends to support effective decision-making, identify areas for improvement, and ensure the organization’s financial sustainability.
  • Work with the team to prepare the organizational, program and grant budgets based on budget performance and cash flow.
• Special Projects and Support:
  • Provide backup support in areas like cost reallocation and compliance.
  • Assist with managing various requirements such as license renewals, lobbying expense reporting, sales tax refund claims, etc.
  • Other special projects and responsibilities as assigned, while meeting tight deadlines and prioritize accordingly.
  • Be the liaison of the Finance team and work collaboratively with a variety of personalities.
  • Attend organizational events as requested.

The Senior Accountant will also assist with ad hoc projects and tasks as required to support the finance team and overall business needs.

Requirements

• Bachelor’s degree in accounting, finance, or equivalent, with strong knowledge of generally accepted accounting principles (CPA a plus).
• Minimum 4 years of experience in accounting/finance, preferably in a nonprofit environment, working with organizations having multiple funding streams.
• Proficiency in Microsoft Office suite, with advanced Excel skills  and in accounting software like QuickBooks or similar platforms.).
• All new hires must be vaccinated and must stay up-to-date with COVID-19 vaccines unless they have been granted a reasonable accommodation for religion or disability. If you are offered a position with AAF, this requirement must be met by your date of hire, unless a reasonable accommodation for exemption is received and approved by AAF.
• Experience with payroll systems is a plus.

Compensation & Benefits

Salary is between$74,000 to $78,000 per year, commensurate with experience. The comprehensive benefits package includes generous paid time off, health, dental, vision, life, and disability insurance, as well as a 403(b) plan.

To uphold organizational parity and pay equity, AAF will use a non-negotiable salary structure that takes into consideration the entire breadth of a candidate’s experience, employment, and education to arrive at their base salary.

To Apply

This search is being managed by Talented Advisors, a talent strategy and management firm which partners exclusively with non-profit organizations. Interested candidates should submit a resume and cover letter detailing their interest in our mission and qualifications for the position using this link.

The Asian American Federation is an Equal Opportunity Employer.