Staff Accountant, Grants & Contracts

Interested candidates should submit their resumes to jobs@nmsdc.org​

Position Summary:

Are you looking for a career where you can genuinely make a difference in the workforce? As an employee with The National Minority Supplier Development Council (NMSDC), you can help advance business opportunities for certified minority business enterprises and connect them to NMSDC corporate members.

The Staff Accountant, Grants & Contracts serves as an integral member of the Finance and Accounting team and the key expectations for this role are to demonstrate strong and effective management over the monthly closing and reporting process specific to fund accounting for grants, contracts and other third-party agreements and the allocation of funds to the regional councils. This position is responsible for ensuring compliance with NMSDC’s fund allocation policies as well as funders administrative/accounting guidelines, timely receipt of project revenue, accurate tracking of project spending, timely and accurate submission of financial reports and orderly closing of funded projects financial activity. The ideal candidate should have great attention to detail, experience in professional accounting, and excellent written and communications skills. To be considered for this role, candidates must believe in NMSDC’s mission, by remaining extremely motivated in advancing it further and be highly creative in scaling our organization’s influence and impact. Is this something that interests you? Join our proud team that is passionately committed to supporting minority businesses to grow profitably.

Job Location: Remote/Preferred Location: New York
Employment Status: Full-time
Reports to: Director of Finance
Travel Requirements: Occasional travel for company business and event; 10-15%

Essential Duties and Responsibilities:

  • Review all funder agreements to ensure proper revenue recognition, determine restrictions, and ensure compliance obligations are adhered to funder requirements
  • Develop a contract/grant financial performance tracking report with budget to actual detail variance analysis and commentary and provide copy to project managers and/or program directors
  • Coordinate the development of grant budgets
  • Review postings into the general ledger and related financial records to ensure revenue and expenditures are consistently aligned with grant and program budgets
  • Reconcile all charges made to designated program funds (grant funding), prepare periodic reports to funding sources, close out completed programs, and reconcile total expenses to authorized funding
  • Maintain grant/contract files and provide funders with required supporting documentation needed to comply with grant/contract requirements
  • Coordinate the collection and analysis of data required for the annual performance review of regional councils to determine performance bonuses and council of the year 
  • Calculate distribution of dues to regional councils and ensure timely payments to Regional Councils.
  • Prepare dues distribution reports to the regional councils on a quarterly basis
  • Assist in the preparation of the annual budget, forecast and variance analysis
  • Establish and maintain purchase order system for all agreements between NMSDC and third-party consultants and contract service providers
  • Prepare reconciliations for annual audit; perform ad hoc projects as needed

Qualifications:

  • Bachelor’s degree in Accounting Required
  • Minimum 4-5 years in computerized accounting experience Required
  • 2+ years in non-profit, or government setting Preferred
  • Grant budget experience Preferred
  • Professional competence and thorough knowledge of accounting principles and sound internal controls practices
  • Proficient with Microsoft Excel and Microsoft Dynamics or other fund accounting software
  • Strong systems and technical experience
  • Experience with general ledger analysis and the month-end/year-end close process
  • Ability to reconcile large transactional files (pivot tables experience preferred)
  • Strong mathematical and analytical skills; excellent oral and written communications
  • Ability to multi-task, prioritize, work under pressure, and meet deadlines

Compensation and Benefits:

  • This position is an outstanding opportunity for a self-motivated individual to assume a pivotal role in the evolution of a fast-growing, highly respected organization
  • The salary range for this position is $80,000 – $90,000 and is commensurate with experience
  • Benefits: Medical Insurance, 401K Plan, Short-Term Disability, Term Life, Long-Term Disability, Vacation and Sick Pay, Performance Bonus – tied to the financial health of organization & individual performance

Company Profile:

Founded in 1972 and headquartered in New York, NMSDC is the most influential and successful organization in the United States advocating for successful partnerships between the nation’s top corporations and minority businesses from the Asian, Black, Hispanic, and Native American communities. NMSDC’s 1,500 and growing membership includes top companies in the private and public sectors, as well as universities, hospitals, and other institutions. The NMSDC’s 23 regional councils certify and match more than 14,000 Asian, Black, Hispanic, and Native American-owned businesses with member corporations that want to purchase their products, services, and solutions.