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Accounts Payable Accountant

Accounts Payable Accountant

CFSArlington Heights, IL, US
5 days ago
Job type
  • Full-time
Job description

About the Company :

Our client is a rapidly growing non-for-profit organization who are looking to add an Accounts Payable Accountant to their team. They have enjoyed incredible growth in the last few years' and are seeking a candidate with a strong AP Accounting background to join their team as they continue their expansion.

Reasons to Work Here :

  • Hybrid working schedule
  • Strong medical / dental / vision
  • Short term / long term disability cover
  • Reporting into the CFO - High visibility
  • Strong growth potential
  • 43B Plan
  • Strong mission statement

Position Description - What the Role Entails :

We are seeking an experienced and adaptable Accounts Payable Specialist to join our mission-driven finance team. This role goes beyond traditional AP functions, requiring strong knowledge of GAAP, fund accounting, and cross-functional collaboration.

Areas of Accountability - What you will be doing :

Key Responsibilities :

  • Payable Accounts & Reconciliation
  • Manage and process AP transactions with accuracy and timeliness.
  • Perform and teach proper reconciliation techniques across accounts.
  • Review and analyze smaller accounts for accuracy and completeness.
  • GAAP & Fund Balance Expertise
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP).
  • Provide insights and training on fund balance accounting and accrual methods.
  • Payment Processing :
  • Ensure timely and accurate payment of vendor invoices through various methods (e.g., checks, ACH, credit cards).
  • Invoice Management :
  • Verify, code, and process invoices, ensuring compliance with policies and procedures.
  • Record Keeping :
  • Maintain accurate and organized records of accounts payable transactions.
  • Reconciliation :
  • Reconcile vendor statements, resolve discrepancies, and prepare bank reconciliations.
  • Reporting :
  • Prepare and analyze accounts payable reports, including aging reports and cash flow projections.
  • Process Improvement :
  • Identify and implement process improvements to enhance efficiency and accuracy in the accounts payable function.
  • Compliance :
  • Ensure compliance with tax regulations and other financial reporting requirements.
  • Communication :
  • Serve as the point of contact for vendors, suppliers, and internal stakeholders on payment-related matters.
  • Budget Management :
  • Assist in the development and monitoring of the accounts payable budget.
  • 12.Financial Reporting :

  • Assist in preparing monthly and annual financial reports, including those related to accounts payable.
  • Other duties as assigned
  • The Knowledge and Expertise that Matters Most - What you bring to the Role :

  • Accounts Payable & Reconciliation : Process AP transactions accurately; reconcile accounts; review smaller accounts for completeness
  • GAAP & Fund Accounting : Ensure compliance; provide insights and training on accrual methods
  • Payment Processing : Manage vendor payments via checks, ACH, and credit cards
  • Invoice Management : Verify, code, and process invoices per policy
  • Record Keeping : Maintain organized AP records
  • Reconciliation : Resolve discrepancies; prepare bank reconciliations
  • Reporting : Prepare AP reports, aging schedules, and cash flow projections
  • Process Improvement : Identify and implement efficiency enhancements
  • Compliance : Adhere to tax and reporting requirements
  • Communication : Act as liaison for vendors and internal stakeholders
  • Budget Support : Assist with AP budget development and monitoring
  • Financial Reporting : Contribute to monthly and annual reports
  • Position Qualifications - What is required to Perform the Role :

  • Bachelor's degree in accounting, Finance, or related field (CPA preferred)
  • 3-7 years of GAAP and accrual accounting experience, preferably in non-profit
  • Strong knowledge of fund accounting, grant compliance, and fixed asset management
  • Experience with CIP and inter-entity accounting
  • Proficiency in accounting software (Blackbaud, QuickBooks, NetSuite, SAP)
  • Advanced Excel skills (formulas, pivot tables, data analysis)
  • Familiarity with data analytics tools (Power BI or similar)
  • Ability to mentor others in accounting and analytics
  • Excellent interpersonal and problem-solving skills
  • Experience with system transitions is a plus
  • #LI-DG1

    #INNOV2025

    #ZRCFS

    #LI-Hybrid

    Accounts Payable Accountant

    Accounts Payable Accountant

    Accounts Payable Accountant

    Accounts Payable Accountant

    Accounts Payable Accountant

    Accounts Payable Accountant

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