Introduction

Impact Charitable is a Denver-based nonprofit 501(c)3 organization that exists to help close the gaps between the sources of impact-first capital and communities, ventures and funds who have traditionally faced systemic barriers to accessing critical financial resources. We envision a world in which change makers can thrive by having access to the funding needed to fulfill their visions and solve systemic problems.

Impact Charitable unites catalytic philanthropists with community partners, financial institutions, foundations, social enterprises, and governmental bodies. As an Impact Capital Catalyst, Impact Charitable unlocks and accelerates capital that sparks positive change. We move more money, in more ways, to more people and places.

Position Summary

The Senior Accountant maintains Impact Charitable’s general ledger and vendor records. They partner with the Economic Mobility and Integrated Capital program teams for program and investment accounting, and the Human Resources Director for payroll and compliance. This role reports to Impact Charitable’s Controller.

Essential Duties

General Accounting
Perform the day-to-day accounting functions including full cycle accounts payable, accounts receivable, and routine journal entries.
Review, record, and manage credit card reconciliations and expense reimbursements.
Monitor bank accounts and coordinate with Integrated Capital program on funder deposits.
Support the month end close functions including bank reconciliations, revenue recognition, and balance sheet reconciliations.
Track and maintain prepaid expenses.
Manage employee payroll processing and journal entries.
Maintain the organization’s vendor records and compliance including setting up new vendors, ensuring appropriate documentation and supporting in generating 1099s.
Other duties as assigned.

Policy and Process Development
Support the Controller in evaluating and developing updated processes to enhance efficiency and accuracy.
Support the Controller in developing and updating policy and procedure documents.
Support in developing standardized tools and templates, as needed.

Audit & Tax Compliance
Forms 1096 and 1099s, and W3s and W2s
Support the Controller in any preparation for annual financial audit, single audit and 990 filings
Support with any funder audits or monitoring visits

Program Accounting and Grant Management
Track revenue and expenses by project/fund, and serve as the main liaison with program staff to ensure transactions are booked accurately.
Review and evaluate new revenue contracts for revenue recognition compliance.
Partner with program staff to ensure program budgets are entered correctly and well-managed
Partner with program staff to ensure accuracy of financial reporting, including budget vs. actual reporting
Partner with program staff to support grant and contract invoicing and collections
Support with the calculation and tracking of staff and contractor allocations across projects
Ensure applicable internal financial policy compliance among staff
Support grant management and financial reporting of donor and public awards
Work with program teams to ensure compliance with award requirements
Support program teams to do forecasting and budget realignments for awards

Financial Reporting & Analysis
Assist with treasury/cash management
Support the Controller with monthly reporting to Executive Director and Board Treasurer
Support the Controller with quarterly reporting to Audit & Finance Committee and Board of Directors
Prepare ad hoc financial analysis

Investment Accounting (may include)
Account for new investments and payment activity on existing investments
Record interest and other gains on direct investment portfolio within CSuite
Process donations of publicly traded securities
Calculate and support month-end accounting cycles by reconciling managed investment accounts
Support Transaction fees and AUM fee accounting
Quarterly invoicing to subsidiaries

Key Competencies

Required Competencies

Understanding of and commitment to the mission and values of Impact Charitable
3+ years of progressive experience in a similar role with a nonprofit organization. Strong understanding of GAAP accounting, specifically for nonprofit organizations.
Degree in Accounting, Finance or Economics required, or commensurate experience.
Proficient in spreadsheets (Excel and/or Google Sheets).
Detail and process oriented.
Willingness and ability to learn new information systems.
Strong communication skills and the ability to work well with people
Good skills related to prioritizing, maximization of time use and meeting deadlines

Preferred Competencies

Familiarity and experience with payroll processing in multiple states
Familiarity with fund level accounting
Experience with Foundant software (eg. CommunitySuite, Grant LifeCycle Manager, Scholarship LifeCycle Manager)
Familiarity with Federal Uniform Guidance and Single Audits

Work Environment

Remote/Hybrid, Denver preferred.

Impact Charitable

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