Finance Accounting Manager

About the role

The Salvation Army is seeking a Trust Accounting Manager to oversee the accurate accounting of trust and endowment funds, guide a dedicated accounting team, and support programs that change lives.

Responsibilities

• Lead the oversight of trust and endowment funds in accordance with GAAP and TSA policies and procedures.
• Supervise the day-to-day activities of the trust section.
• Mentor and train accounting staff to ensure their performance aligns with trust processing goals.
• Oversight of all General Ledger activity and reconciliations related to divisional trust accounts.
• Coordinate system and processing changes related to trust matters and analyze significant impacts.
• Assign/reassign job duties as needed to meet monthly goals.
• Continuous review of trust ledgers, including working closely with divisional professional staff regarding variances.
• Primary liaison with Property department regarding property project funding tracking.
• Liaison with Planned Giving regarding split-interest agreements, including the preparation of accounting entries for split-interest agreements in legal files.
• Liaison with Student Services department regarding new student loans setup, payment, and reconciliation matters.
• Set up new trust accounts in accordance with TSA policies and requested by the Legal Department and USC Finance as deemed necessary.
• Generate monthly Trust Territorial Finance Council (TFC) management reports.
• Review monthly Trust reports produced by the Accountants.
• Coordinate the review and release of trust ledgers and multi-dimensional analysis financial information to the divisions and ARCC.
• Resolve reporting issues with divisions and departments related to trust accounts.
• Oversee the internal mortgage billings and reconciliation process.
• Oversee the student loan monthly reconciliation process for approximately 300 accounts.
• Update and prepare check requests pertaining to KROC endowment accounts.
• Prepare high-level journal entries as needed.
• Review monthly divisional interest payment check requests prepared by Accountants.
• Quarterly functions include oversight of endowment roll-forward calculations, preparation of endowment withdrawal availability report, review of Trust TFC quarterly report, oversight of non-trust transfer reports to divisions and ARCC.
• Annual international and audit functions include preparation of the Self-Denial report to IHQ, Yearbook Missionary Projects report, preparation of financial reporting to the Clara H Miller Endowment account donor, maintaining GAAP compliance through timely preparation and review of year-end audit schedules, preparation of Abbott Endowment Financial Statements and related footnotes, preparation of assigned consolidated audit footnotes and supporting workpapers, uploading reports/schedules, and aide Assistant Controller with miscellaneous audit questions and resolutions as pertaining to the Trust section.
• Ongoing functions include managing the financial software conversion, automating and maintaining ongoing reports for audit and internal reporting with new software implementation, maintaining quarterly endowment summaries for divisions' withdrawals (to be fully automated by year 5 of software conversion).
• Manage/maintain Velixo reporting and ensure reports are working properly with new accounts and activity monthly - continual manual maintenance needed.
• Automate and maintain ongoing reports for audit and internal reporting with new software implementation.
• Maintain quarterly endowment summaries for divisions' withdrawals (to be fully automated by year 5 of software conversion).

Requirements

• Four-year degree in accounting or related field or higher.
• CPA preferred but not required.
• Ten years general accounting experience which includes managerial responsibility OR any equivalent combination of training and experience which provides the required knowledge, skills, and abilities.
• A thorough understanding of GAAP (Generally Accepted Accounting Principles).
• Computer literate and proficient in Microsoft Excel.
• Knowledge of Acumatica is preferred, but not required.
• Trusted, organized, and able to prioritize and complete responsibilities within prescribed deadlines.
• Ability to speak, read, and write English in a manner that is sufficient for effective communication with supervisors, employees, beneficiaries, and customers; and to perform the requirements of this job.
• Supervisory Responsibility - Yes.