The Morgan Library & Museum seeks an experienced accounting professional with a strong nonprofit accounting background to join our Finance Department as Senior Accountant. Reporting to the Controller, the Senior Accountant plays a critical role in the integrity and accuracy of the Morgan Library & Museum’s financial operations. This position is responsible for day-to-day, monthly, quarterly, and annual accounting functions. These include preparing general ledger entries, actively participating in the annual audit process, assisting with the monthly closing schedule, and performing higher level accounting functions such as managing the income release from restriction and processing corresponding journal entries. This position works extensively with other members of the Finance team and collaboratively with staff from a wide range of other Morgan departments.
General Accounting
- Performs monthly bank reconciliations for multiple accounts.
- Processes journal entries and general ledger reconciliations.
- Works closely with Development staff on reconciliations between Development’s database and Finance’s accounting system.
- Maintains loan receivables, billing accordingly.
- Creates closing book entries, including accruals and reclasses of prepaid expenses.
- Assists in updating the schedule of net assets.
- Updates schedules for acquisitions, project grants, and exhibitions.
- Oversees and maintains the cash reserve.
Audit/Compliance
- Performs a critical role in the annual audit process, interacts with auditors to provide timely responses to audit requests for schedules and general ledger reconciliations.
- Prepares fiscal year end analyses.
- Assists in preparation of annual tax return (Form 990).
- Prepares financial reports for donors.
Investments
- Prepares the pooling schedules for endowment funds.
- Manages the income release from restriction and processes corresponding journal entries.
- Processes journal entries for endowment draw.
- Maintains schedules and prepares journal entries for unrealized/realized gains and losses.
- Bachelor’s degree with a major in accounting.
- A minimum of 7 years of experience with increasing scope and responsibility in an endowment-supported nonprofit organization is required. Experience in public accounting a plus.
- Hands-on experience with investment journal entries, audits and fund accounting.
Competitive salary at $85,000 to $95,000 annualy commensurate with experience; Excellent Benefits.
Interested applicants should email a cover letter with salary requirements and resume to Human Resources at HRfinance@themorgan.org.