Process Leader - Accounting (Non-Profit) – (US GAAP)
Posted Updated
FINACPLUS GLOBAL SERVICES PRIVATE LIMITED Process Leader - Accounting (Non-Profit) – (US GAAP)
Description
Process Leader - Accounting (Non-Profit) – (US GAAP)
About FinacPlus
FinacPlus is a Great Place to Work® Certified organization — a recognition of our people first culture, collaborative environment, and focus on professional growth. We provide high-end virtual business process and technology services to leading global clients across finance, banking, mortgage, research, and data services. At FinacPlus, you’ll work with world-class talent, cutting-edge technology, and international stakeholders — while still enjoying the openness, agility, and career visibility of a fast-growing company.
Role Overview
FinacPlus is hiring a Process Leader – Accounting (Non Profit) – (US GAAP) to support a nonprofit corporation organized under the laws of the State of Florida (“Client”).
This role requires a detail-oriented and analytical accounting professional with strong experience in US GAAP, general ledger accounting, and reconciliations, ideally within nonprofit or multi-entity environments.
You will work closely with the Client’s US-based accounting team, ensuring accurate financial reporting, compliance, and timely close processes in a mission-driven organization.
👉 Experience with Sage Intacct is strongly preferred
🎯 Key Responsibilities
🔹Bank Reconciliations & Cash Management
- Perform daily and monthly bank reconciliations across accounts
- Investigate and resolve reconciling items and discrepancies
- Record and monitor cash receipts, deposits, and fund inflows
- Support cash flow tracking and reporting
🔹 General Ledger & Journal Entries
- Prepare and post journal entries (JEs) in compliance with US GAAP
- Maintain accurate General Ledger (GL) and account classifications
- Identify and correct:
- Coding errors
- Misclassifications
- Posting inconsistencies
🔹 Nonprofit Accounting & Fund Tracking (Mandatory)
- Support accounting for: Donations, grants, and restricted funds
- Assist in ensuring proper:
- Fund accounting classification
- Alignment between accounting records and donor/development systems
- Maintain audit-ready documentation for funders and compliance
🔹 Financial Close & Reporting
- Support monthly, quarterly, and annual close processes
- Prepare and review:
- Balance Sheet (BS), Statement of Activities (P&L equivalent)
- Variance and supporting schedules
- Ensure timely and accurate financial reporting
🔹 Credit Card & Expense Accounting
- Record and reconcile credit card transactions and expenses
- Ensure proper expense classification and documentation
- Monitor discrepancies and resolve promptly
🔹 Audit & Compliance Support
- Assist in preparing documentation for:
- Annual audits
- Funder reporting requirements
- Ensure compliance with:
- US GAAP
- Internal financial controls
🔹 Process Improvement
- Identify opportunities to improve:
- Reconciliation workflows
- Financial reporting processes
- Internal controls
- Support standardization and efficiency initiatives
🧠 Required Qualifications
- Bachelor’s degree in Accounting / Finance / Commerce
- 4–6 years of relevant accounting experience, preferably supporting US clients
- Strong understanding of US GAAP principles
- Hands-on experience in:
- Bank reconciliations
- General ledger accounting
- Month-end close activities
- Strong proficiency in Microsoft Excel
- Ability to work independently and manage priorities
- Strong communication skills for US stakeholder interaction
⭐ Preferred Qualifications
- Experience with Sage Intacct (strongly preferred)
- Experience in:
- US Nonprofit accounting / fund accounting environments
- Multi-entity or multi-fund structures
- Exposure to: Audit processes, financial controls, and compliance reporting
⚙️ What We Value
- Ownership mindset: Takes responsibility and drives issues to closure
- Analytical curiosity: Investigates root causes of discrepancies
- Process improvement orientation: Continuously improves workflows
- Team collaboration: Works effectively with global (US–India) teams
- Adaptability: Thrives in a fast-paced, mission-driven environment
🚫 Who This Role Is NOT For
- Pure AP/AR profiles without GL or reconciliation experience
- Candidates without exposure to US accounting practices
- Profiles not comfortable working in US (EST) time zone
- Candidates requiring constant supervision
🎯 Success Metrics
- Accurate and timely bank reconciliations and cash tracking
- Clean and well-maintained General Ledger
- Timely completion of month-end close
- Audit-ready financial records and documentation
- Reduced discrepancies and improved process efficiency
💡 Why This Role Matters
This role is critical to supporting the financial operations of a mission-driven US nonprofit organization
- Ensuring accuracy, compliance, and transparency in fund utilization
- Enabling leadership with reliable financial data for decision-making
📩 Next Steps
- If this aligns with your experience:
- Share your profile
- Quick evaluation discussion
- Move to technical assessment
Location: India | Work from Home
Timings: 5:30 PM – 2:30 AM IST
Compensation: Best in Industry
Joining Preference: Immediate joiners preferred