Senior Staff Accountant - Insource Services, Inc.
Boston, MA
About the Job
Are you a passionate and experienced nonprofit accounting professional looking to make a meaningful impact in the lives of young people? Do you have a deep understanding of nonprofit accounting, with a proven track record of implementing financial systems and processes in growing organizations?
About The Possible Zone (TPZ):
Imagine a world where every young person has the opportunity to design their future, launch their own ventures, and develop the skills to succeed in any career path. At The Possible Zone (TPZ), we're on a mission to make this vision a reality by advancing economic equity and empowering youth. Based in Boston, TPZ is a nonprofit offering a multi-year, project-based entrepreneurship program for high school students. We combine STEAM education, hands-on work experience, and individualized career advising to help young people develop entrepreneurial mindsets and technical skills. Together, we're shaping the next generation of leaders and changemakers.
What You'll Bring to the Team:
As Senior Staff Accountant at The Possible Zone, you'll lead the charge in financial operations, ensuring the accuracy and compliance of financial reporting with a focus on both restricted and unrestricted fund management. Your expertise will drive the seamless execution of accounting functions, monthly adjustments, and the close process, culminating in timely and precise financial statements. Reporting directly to the Controller, you'll partner with department heads to uphold the organization's financial integrity, compliance, and overall fiscal health. Your proactive approach and attention to detail will play a key role in advancing TPZ's mission.
Key Responsibilities:
Monthly Closings & Adjustments
- Support the Controller in monthly close processes, including journal entries, accruals, amortizations, and reconciliations for key accounts.
- Prepare biweekly payroll journal entries and monthly bank reconciliations to ensure accurate financial statements and forecasting.
Financial Management & Reporting
- Assist in preparing GAAP-compliant monthly, quarterly, and annual financial statements, focusing on non-profit regulations.
Fund Management
- Work closely with the Controller to ensure that funds are allocated and spent in line with donor restrictions.
- Ensure payroll and other journal entries are booked based on applicable restrictions & fund allocations.
Budgeting & Forecasting
- Support annual budgeting processes and develop grant budgets in collaboration with leadership.
Compliance & Internal Controls
- Prepare audit schedules and assist with 990 tax filings.
- Maintain compliance in AP/AR processes and donation accounting.
Team Leadership
- Foster continuous improvement within the accounting team and support the accounts payable manager.
You'll Stand Out If You Have:
- A Bachelor's degree in Accounting or a related field (CPA or MBA is a plus).
- Over 5 years of experience in accounting or finance, particularly within a non-profit organization.
- Expertise in non-profit accounting practices, including restricted funding management and GAAP compliance.
- Proficiency in monthly close processes, such as adjusting entries, accruals, and reconciliations.
- Experience with non-profit accounting software like QuickBooks Online, along with the ability to lead system improvements, upgrades, and implementations.
- Exceptional leadership, communication, and analytical skills, coupled with an eye for detail.
- Advanced Excel skills to support data analysis and reporting.
Why You'll Love Working Here:
- Meaningful Impact: Be part of an organization dedicated to transforming lives and advancing economic equity.
- Robust Compensation and Comprehensive Benefits: Enjoy a competitive salary of $62,000-$95,000, and benefits package, including high-quality health, dental, and vision benefits (all 80% employer-paid), life, disability (100% employer-paid), an employer contribution to your 401(k) plan, Commuter Assistance, FSA, Paid Sick Time, and Paid Time Off.
- Flexible Work Environment: Enjoy a hybrid schedule, with two to three days at our Boston Innovation Center.
- Dynamic Culture: Work alongside a passionate team in a collaborative and inclusive environment.
- Professional Growth: Expand your skills while contributing to a mission that truly matters.
If You're Ready to Join the Movement: Apply now to become the Senior Staff Accountant at The Possible Zone! Please submit your resume, cover letter, and any relevant certifications or experience. We can't wait to hear from YOU!
DEI STATEMENT:
We believe every member of our team and student body deserves opportunities for growth, success, and inclusion. We recognize that for many of our students, staff, and communities, their life journeys run through oppressive structures and systems (e.g. classism, racism, sexism) - and that's what makes our organizational culture and work so necessary and important.
We believe that diversity in perspective, backgrounds, ethnicities, and lived experience is a strength, and from that strength, we can accomplish great things with the students we serve. Together as students, staff, organizations, communities, volunteers, and partners, we are intentional about creating safe spaces where all members can speak authentically and be themselves.
We are committed to Diversity, Inclusion, and Equity. As members of The Possible Zone community, our progression along this ongoing journey raises thoughtful questions, reveals biases, and opens conversations. We celebrate one another and are unified in our commitment to young people, excellence, and innovation. This work is our shared responsibility and our opportunity to welcome all members who share in our mission and strive to provide pathways that further prepare students to achieve their desired success.
COVID Vaccination Policy
The Possible Zone requires that all employees receive a primary series of COVID-19 vaccination as well as a booster dose. Being fully vaccinated means that an individual is at least two weeks past their final dose of an authorized COVID-19 vaccine regimen and receives a booster dose when eligible. In order to be qualified for employment at The Possible Zone, final candidates must comply with the vaccination requirement or receive an approved exemption.