Accounts Receivable Accountant

 Posted 2 months ago
     
 $75000 - $80000 per year
  
2-5 years experience
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AI Summary

The Accounts Receivable Accountant manages the full cycle of accounts receivable activity, including preparing and submitting invoices and monitoring accounts receivable aging. This role also involves reconciling accounts and coordinating with the Grants Accounting team to ensure billing timelines and award balances are aligned.
Job DetailsLevel: ExperiencedJob Location: AFT Headquarters - WASHINGTON, DC 20006Position Type: Full TimeSalary Range: $75,000.00 - $80,000.00 Salary/yearWho We Are American Farmland Trust is the only national organization that takes a holistic approach to agriculture, focusing on the land itself, the agricultural practices used on that land, and the farmers and ranchers who do the work. Since our founding in 1980, AFT has helped permanently protect over 6.5 million acres of agricultural lands, advanced environmentally-sound farming practices on millions of additional acres, and helped thousands of farm families make a go of it (primarily through programs that increase farm viability and/or enhance farmland access). Long a pioneering leader, AFT is now riding a new wave of growth, driven by agriculture’s most pressing needs and opportunities.  Job purpose Reporting directly to the Controller or his/her designee, the Accounts Receivable Accountant is responsible for managing the full cycle of accounts receivable activity across AFT's corporate, foundation, and simplified grant funding streams. This position plays a key role in collections across all accounts receivable streams, with some focus on corporate invoicing and non-federal grants. The role requires a working knowledge of grant award types to effectively support both grant-funded and general organizational revenue.   Duties and responsibilities Serve as the primary lead for preparing and submitting invoices to corporate funders, foundations, and simplified grant award recipients in accordance with agreement terms and billing schedules; create and post invoices in Intacct ensuring all billings are supported by accurate documentation. Maintain and update funder files, including contact information, billing instructions, and award-specific invoicing requirements; apply a working understanding of grant award types (federal, state, corporate, and foundation) to ensure invoicing aligns with funder expectations and award terms. Monitor accounts receivable aging on a daily basis; proactively identify and follow up on outstanding and delinquent accounts through professional written correspondence and direct funder outreach. Apply cash receipts to the appropriate grant or account in Intacct, ensuring accurate and timely posting of all funder payments and transactions; monitor incoming receipts and flag funding discrepancies to the controller. Reconcile accounts receivable aging on a monthly basis, resolving discrepancies and ensuring alignment with the general ledger; reconcile cash on a monthly basis with the general ledger and bank statements. Coordinate with the Grants Accounting team to ensure billing timelines, award balances, and funder payment statuses are aligned; support grant closeout activities by ensuring all receivables are collected and properly recorded prior to award close. Prepare and post journal entries related to accounts receivable; assist with month-end, quarter-end, and year-end closing processes as directed by the Controller (or designee). Assist with the annual audit by providing documentation related to accounts receivable, grant receivables, and funder payment histories; ensure receivable processes comply with AFT policies and procedures and applicable funder requirements. Prepare periodic AR status reports for internal management summarizing outstanding receivables, collection activity, and days outstanding. This is not necessarily an all-inclusive list of job-related responsibilities. Management reserves the right to revise the job or to request other or different duties be performed as assigned.   QualificationsRequired Knowledge of Generally Accepted Accounting Principles (GAAP) and their application to accounts receivable and revenue recognition. Experience with accounts receivable functions, including invoicing, collections, cash application, and reconciliation, with a working familiarity with grant award types (federal, state, corporate, and foundation) and basic grant billing concepts. Experience with accounting software systems; Intacct experience is strongly preferred.  Advanced proficiency in Microsoft Excel, including VLOOKUP and Pivot Table functions. Excellent communication and customer service skills; ability to interact professionally with funders and internal stakeholders. Strong verbal, written, analytical, and organizational skills with a high degree of attention to detail; high level of ethics, integrity, transparency, and trustworthiness. Ability to prioritize and manage multiple tasks effectively with minimal supervision; results-focused with strong attention to detail. Strong interpersonal skills and ability to collaborate effectively with individuals, teams, and funders.   Preferred Experience working in a nonprofit organization with a mixed portfolio of corporate, foundation, and government-funded programs. Familiarity with federal grant reporting systems and requirements. Demonstrated commitment to the mission of AFT.   Education & Experience Bachelor's degree in Accounting, Finance, Business Administration, or a related field preferred. Minimum of 3 years of relevant accounts receivable or accounting experience, preferably in a nonprofit or mission-driven organization.   Working conditions/Travel This is a remote position. Occasional work in the evenings or on weekends may be required to meet deadlines. This position does not require travel, with the exception of a possible annual team meeting.   Degree of Supervision Given This position has no direct supervisory responsibility.   Compensation AFT offers a competitive compensation package, including excellent vacation, medical, retirement, and other benefits. This position offers an annual salary of $75,000 - $80,000.    American Farmland Trust offers a full benefits package for full time employees: Insurance coverage begins the 1st of the month following the date of hire.  Medical & Prescription Coverage Dental Coverage Vision Coverage Company Paid Life Insurance & Long-Term Disability (LTD) Voluntary Life Insurance Flexible Spending Account (FSA) – Healthcare & Dependent Care Health Savings Account (HSA) 401k Plan Sick Leave: Regular full-time employees accrue 13 “sick days” per year. Vacation Leave: Accrue 15 days during the first year increasing by one day per year to 20 days per year maximum. Holidays: AFT observes twelve fixed holidays and a week between Christmas and New Years off during the year (all offices closed) plus a choice of up to three (depending on hiring month) floating holidays.   Why you should apply: Be a part of a purpose-driven, committed, knowledgeable, high-performing, experienced and fun team A diverse and inclusive work environment A cause and mission you can be proud of Competitive compensation & benefits Remote work opportunities Flexible scheduling   Timeline To be considered, applicants must submit a resume, a cover letter explaining why they are the right fit for both AFT and this role, and complete all screener questions. Applications will be reviewed on a rolling basis and accepted until the position is filled. Apply Directly Here: Accounts Receivable Accountant

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