LHH Recruitment Solutions is assisting our Newark, NJ client in their search for a temporary, part time AR/Cash Management Accountant. This is a long term (18 month+) temporary assignment and will be about 20 hours per week. Nonprofit experience is a plus, but not a must. The schedule will be hybrid.

Job Overview:

RECEIVABLE

• Review daily banking report ensuring that deposits for the day are duly and accurately recorded and posted in Banner ERP within 2 days of receipt. Liaison with Grant Accountant – Cash & Receivable

• Prepare weekly cash projection report on grants receivable expected. Liaison with Grant Accountant – Cash & Receivable and other Grant Accountants.

• Review and process refunds requests in Banner. Liaison with Liaison with Grant Accountant – Cash & Receivable to submit request to Accounts Payable. Check that refund log file is updated.

• Prepare and analyze Grants Aging Report for activities, trends (collection rates), risks. Follow-up with Grant Accountants as necessary. Review for compliance with internal Payment Collection Procedures. Target for prompt collections and timely billing of unbilled.

FEDERAL DRAWDOWNS – LETTER OF CREDIT (LOC)

• Calculate the amounts for cost reimbursement of monthly expenditures of the prior month with details from Banner ERP and Federal payment systems and prepare draw schedule.

• Review draw schedule for expired/expiring awards, final drawdown, over expenditure, under expenditure, discrepancies and communicate with Grant Accountants accordingly.

• Process grant billing in Banner in audit mode and reconcile to draw schedule, then process final bill and save copy in respective folder.

• Update/Upload draw request for review and certification, save a copy of the confirmation in the respective folder.

ACCOUNTING

• Prepare weekly reconciliation of Payment Holding Fund - Grants, reconciled to general ledger.

• Prepare weekly reconciliation of Unapplied Payments, reconciled to aging report

• Monthly reconciliation of grant bank account and related general ledger accounts

• Journal Entry processing

Qualifications:

• Bachelor’s Degree in Accounting, Finance or related field preferred

• Proficiency in MS Excel (pivot tables, VLOOKUP’s)

• 5+ years of experience in Accounts Receivable and Cash Management

• Exceptional attention to detail

• Strong communication skills - both written and verbal

• Nonprofit industry/grant experience preferred, but not required

Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance