Accountant

About New Moms

New Moms is dedicated to empowering young moms and their families to thrive and build brighter futures. We provide innovative housing, job training, and family support programs across Chicagoland.

Position Summary

New Moms is seeking a detail-oriented and collaborative Accountant to support the organization's financial integrity through accurate accounting, financial reporting, and compliance. This role manages key accounting functions, including payroll, reconciliations, month-end close, financial reporting, audit preparation, and grant compliance.

Key Responsibilities

• Process payroll and related journal entries while serving as backup for payroll functions

• Lead month-end and year-end close activities

• Cook up annual audit, Single Audit, and Form 990 preparation

• Ensure compliance with Generally Accepted Accounting Principles (GAAP)

• Perform monthly bank and investment account reconciliations

• Track restricted and unrestricted funds and resolve reconciliation discrepancies

• Maintain supporting documentation for audits and donor compliance

• Administer capital expenditure processes and maintain fixed asset records

• Track capital purchases, depreciation, funding sources, and grant compliance

• Maintain fixed asset schedules and supporting documentation

• Support grant and fund accounting, restricted fund tracking, and compliance reporting

• Collaborate with grant and contracts teams to ensure compliance with funding requirements

• Maintain temporary restricted schedules and reconcile private funding activity

• Prepare journal entries, financial reports, and supporting schedules

• Aid in financial statement preparation and audit support

• Ensure compliance with nonprofit accounting standards, internal controls, and organizational policies

• Support staff understanding of financial systems and reporting tools

• Strengthen internal controls and improve accounting processes and documentation

• Develop and maintain accounting SOPs

• Identify opportunities to streamline workflows and improve financial operations

Qualifications

• Education: Bachelor's degree in Accounting, Finance, Business, or related field required

• CPA and/or Master's degree preferred

• Experience: Four (4) or more years of nonprofit accounting experience

• Knowledge: Knowledge of government grant guidelines and restricted fund accounting

• Payroll processing experience preferred

• Experience with Microsoft Office and QuickBooks required

• Experience with NetSuite preferred

Skills

• Strong understanding of nonprofit accounting principles and GAAP

• Excellent analytical, organizational, and problem-solving skills

• Ability to manage multiple priorities while maintaining accuracy

• Strong interpersonal and written communication skills

• Experience improving financial systems, processes, and internal controls

Work Environment

Must be able to sit/stand for up to 8 hours, walk stairs, and lift up to 30–40 lbs (or perform with reasonable accommodation). Work environments may vary.

Benefits & Perks

• Comprehensive And Competitive Benefits Package, Including Medical insurance with generous employer contribution

• Dental and vision insurance

• Flexible Spending Account (FSA)

• Short-term disability, long-term disability, and life insurance – 100% employer-paid

• Employee Assistance Program (EAP) for free counseling and resources

• Generous paid time off, as well as 15 paid holidays and half days on Fridays during the summer

• 403b retirement plan with employer match

• Pre-tax transportation benefits

• Free spiritual direction services