Mar 23, 2018
The Senior Accountant is primarily responsible for all aspects of day-to-day accounting for the Foundation and two Trusts. This position reports to the Director of Finance. KEY RESPONSIBILITIES: General Ledger Monthly posting of purchase and sale transactions for all investment accounts and posting of monthly closing accruals Reconcile trading, cash movement and other investment-related activity to custodian records, ensuring any discrepancies are documented, researched and resolved promptly Review redemption agreements to prepare accrual entries for Foundation and two Cruts Prepare all monthly general journal entries for grants and other accounts and post to the general ledger Reconcile and analyze trial balance accounts monthly, and promptly research and correct any variances Cash Record bank account transfers for Foundation and two Trusts Perform account transfers including funding of capital calls and payment of manager fees Review and post all daily cash receipt and transfers Prepare daily reconciliation of cash balances Financial Reporting Prepare accurate investment accounting and financial reporting of invested assets Prepare quarterly and annual financial statements for Foundation and two Trusts Maintain books and records in accordance with department policies and procedures and GAAP Prepare quarterly cash flow statements for Foundation and two Trusts Identify exceptions and problems affecting accounting records, communicate same to management and assist in their resolution Assist in preparing audit and tax schedules and compliance reports Prepare annual surveys for Federal reporting Participate in special projects, including process improvements and internal control evaluations Assist in the implementation and maintenance of the accounting systems Undertake projects and other duties as assigned Investments Partner with Investment Operations to review the computations and performance and benchmark calculations for reasonableness Review investment manager reports/statements for propriety and reconcile data to custodian reports. This includes monthly, quarterly and annual financial statements including non-GAAP and those in foreign currency Analyze derivative activity for proper financial reporting and identify controls to ensure accuracy of reporting Manage the design, implementation and maintenance of financial systems to support analysis and proper reporting of alternative investments - Develop and implement best practices surrounding investment financial accounting through interaction and relationships with peer foundations Review the data reconciliation of manager statements performed by the investment operation manager to assess impact on the Custodian records and propose adjustments as deemed necessary Assist with the preparation of the 990PF related to investments for the Foundation and Trusts Assist with the preparation of the 990-T and state tax returns including the analysis of unrelated business income tax for the Foundation and Trusts Ensure compliance with all foreign disclosure and reporting requirements related to investments for the Foundation and Trusts Ensure all partnership K-1’s and audited financial statements are received and analyzed for accuracy and completeness Manage tax and cost basis tracking for investments ensuring accuracy Review information in Intacct ensuring investment journal entries are accurately prepared and reports are electronically maintained Review of investment portfolio performance for the purpose of determining investment staff incentive pay Evaluate accuracy of 12/31 investment balances using manager reports received subsequent to the balance sheet date and investigate differences to ensure year end balances are accurate Ensure accuracy of the Investment footnotes for the annual audit of the financial statements for the Foundation and the Trust including the Fair Value Hierarchy reporting (Topic 820) Ensure Data Integrity through the development and implementation of policies and procedures surrounding the management CORE QUALIFICATIONS: Bachelor’s degree in accounting or finance 2 – 5 years related work experience Public accounting / Big 4 CPA experience preferred Excellent knowledge and understanding of complex Investment accounts Knowledge of Trust Accounting a plus Intermediate knowledge of GAAP and FASB regulations Strong knowledge of accounting concepts and current accounting principles Analytical, quantitative and organizational skills Excellent verbal and written communication including the ability to effectively present information in a clear, concise manner Ability to work independently with a high degree of reliability, accuracy and productivity Strong business acumen with the ability to quickly grasp issues and understand strategy Adept at working with management to influence/facilitate change, implement strategy and accomplish objectives Interpersonal relations: particularly tact, sensitivity, professionalism, confidentiality and diplomacy The ability to work well under pressure and balance multiple priorities with a drive to achieve results and deadlines Ability to work independently and to use good judgment in decision-making Strong proficiency with MS Office (Word, Excel and Outlook) Ability to work in multiple accounting systems Martus, Nexonia and Intacct experience preferred High attention to detail and accuracy Capacity to quickly develop an understanding of the Foundation and Trusts’ programs, strategies, and initiatives, the organization mission, philosophies, structure, values, program direction, niche and policies Strong quantitative, statistical and analytical skills High aptitude for system and data management and math concepts used in accounting and statistics COMPENSATION: A competitive compensation package is available, including a salary commensurate with qualifications and experience, and a comprehensive benefits package. TO APPLY: Interested candidates should send a cover letter and resume by email to the Talent and Culture Team at email@example.com . Please note “Senior Accountant” in the subject line. No phone inquiries, please. The Conrad N. Hilton Foundation is an equal opportunity employer and welcomes a diverse candidate pool.
Conrad Hilton Foundation Agoura Hills, CA, USA Finance