Staff Accountant, AR (Cleantech Incubator, Non-profit)

About LACI 

The Los Angeles Cleantech Incubator (LACI) is a nonprofit organization creating an inclusive green economy by unlocking innovation (through working with startups to accelerate the commercialization of clean technologies), transforming markets (through catalytic partnerships in transportation, energy and sustainable cities) and enhancing communities (through workforce development, pilots and other programs). Originally founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP), LACI is recognized as one of the most innovative business incubators in the world by UBI. Learn more at laci.org

Position Summary:

The Staff Accountant, Accounts Receivable at LACI will play an essential role in the financial management of the organization. This role will be responsible for the performance and maintenance of our accounts receivable function and manage grant billing and receivables, in accordance with GAAP, the Uniform Guidance and all requirements applicable to 501(c)(3) organizations. Reporting to Director of Accounting, this role will also support the accounts receivable function, maintain the department record keeping system, and assist with additional departmental projects and research.

What You’ll Do:

• Donor / Funder Onboarding: Onboard new donors/funders to LACI’s accounting and merchant processing systems, ensuring sufficient information and donor intents are collected in accordance with GAAP Revenue Recognition standards and other applicable requirements
• Accounts Receivable / Invoice Processing: Prepare Invoices / Payment Pages for LACI’s customers, donors, and funders to request payments and collect outstanding pledges using LACI or grant defined invoicing templates
• Accounts Receivable Collections: Monitor Accounts Receivable Aging Schedules and follow up with the appropriate counterparty contacts to collect outstanding receivables and identify potential uncollectable bad debts
• Donor/Funder Support: Monitor counterparty billing communications to ensure donors/funder/and customer questions are responded to timely, to ensure requirements for payment are met
• Bank Reconciliations: Reconcile cash accounts monthly, including bank and investment accounts to ensure all cash receipts and disbursements are accurately recorded. Investigate and resolve discrepancies between general ledger and bank activity, collaborating with other departments when necessary.

Why You’re Right for the Job:

• You’re super organized. In fact, your organization, attention to detail and time management skills are award-worthy! (Color-coded Excel spreadsheets and pivot tables, anyone?)
• You’re a numbers person who is also a people person. In addition to your crazy accounting skills, you are an excellent communicator, great listener, and you’re not afraid to ask questions.
• You’re willing to go the extra mile. You’re a go-getter and self-starter with the ability to work effectively in a fast-paced environment.
• You’re adaptable. You can flex comfortably between working independently with limited supervision, and operating fluidly within a dynamic team environment.
• People trust you. You are honest, trustworthy and have the ability to maintain discretion in handling sensitive information.

Requirements:

Basically, we want to know you can get the job done. This means you have:

• 2-3 years experience in an Accounts Receivable/Bookkeeping Role
• Knowledge of accounts receivable demonstrated through post-secondary degree in Accounting/Finance or relevant experience
• Strong knowledge of QuickBooks Online or similar accounting systems
• Strong proficiency in MS Excel and Google Sheets.
• A genuine interest in LACI’s mission, and you embody our values of innovation, collaboration, integrity and impact.
• Not for profit accounting expertise/experience strongly preferred
• Experience and interest in modern accounting automation tools and processes
• Flexible, detail oriented self-starter with the ability to work effectively in a fast-paced environment with limited supervision and within a team
• Ability to maintain discretion when handling sensitive financial information

Work Requirements

• Must work onsite from Downtown LA office 3 days/week

Position Details:

This is a full-time position, starting immediately. LACI operates out of the La Kretz Innovation Campus, in the bustling Downtown LA Arts District. Since we are rapidly growing, you will be getting in on the ground floor at LACI, with the opportunity to evolve with us and shape your future here. 

Salary Range: Coordinator Range $50-62k commensurate with experience, education, skills, etc and total compensation package including health benefits, 401k match, professional development, commuter benefits and more.
In addition to working on a campus with other innovators, we offer industry competitive benefits including:  paid holidays, vacation/sick time, health benefits, 401(k) plan, professional development, and paid parking. We also support alternative transportation with a metro pass for every employee.