Senior Accountant, Revenue and Grants

Senior Accountant, Revenue and Grants

The Senior Accountant, Revenue and Grants supports the New World Symphony (NWS) financial operations through grant accounting, revenue recognition, compliance monitoring, and financial reporting. This role is responsible for ensuring accurate accounting and reporting of grant activity, contributions, ticket sales, and other revenue sources. As a key member of the Finance team, this role requires regular on-site collaboration with colleagues across the organization to ensure compliance with grant requirements and support the organization's financial reporting and audit processes.

Grant Accounting and Compliance

• Develop, maintain, and continuously improve grant accounting processes and reporting systems to ensure accurate tracking, compliance, and financial reporting of grant activity
• Review grant requirements and formulate budgets for grant proposals, interims, and final reports
• Identify and monitor eligible transactions for each grant award and ensure accurate recording and allocation within the general ledger
• Partner with departments across the organization to identify, track, and allocate grant-eligible expenses in accordance with grant award requirements and proposal guidelines
• Monitor compliance with donor and funding agency requirements and collaborate with the Development department to address and resolve any compliance concerns

Revenue Accounting

• Process and record cash receipts and revenue transactions
• Reconcile contributions, ticket sales, and related receivable accounts to ensure accurate revenue recognition and financial reporting
• Prepare and reconcile concession and catering revenue recognition schedules, review supporting statements and invoices, and ensure accurate recording of related revenue, taxes, and receivables
• Reconcile Tessitura activity and reports to the general ledger
• Ensure revenue is recognized in accordance with organizational policies and accounting standards
• Maintain supporting schedules for contributions, grants, ticket sales, and other earned revenue sources
• Prepare revenue-related journal entries and account reconciliations

Financial Reporting and Analysis

• Prepare month-end and year-end account reconciliations, internal financial statements and supporting schedules
• Analyze revenue activity and investigate variance as needed
• Prepare revenue forecasts and monitor revenue actual vs. budget variances on an ongoing basis
• Provide financial reports and information to departments as requested

Stipend Administration

• Process Fellow stipend payments and perform all related accounting and administrative functions
• Reconcile stipend-related activity and ensure accurate accounting treatment
• Coordinate with internal departments regarding stipend administration and reporting

Audit and Compliance Support

• Assist with preparation of audit schedules and supporting documentation
• Respond to auditor requests and provide information as required
• Assist with preparation of schedules supporting the annual financial statement audit and tax return
• Maintain organized records to support audits and compliance reviews

Residential Housing Revenue (Alton Pointe)

• Generate recurring invoices and maintain tenant records
• Review lease agreements and tenant ledgers for accuracy
• Record rent payments, deposits, and late fees
• Reconcile rental revenue, accounts receivable, deferred revenue, and security deposits
• Maintain supporting schedules for tenant activity and rental income
• Prepare annual resort tax filings and related reporting

Other

• Support the continuous improvement of accounting procedures, systems, and internal controls
• Create and maintain vendor records within Financial Edge NXT
• Prepare and review event settlements, ensuring accurate reconciliation of revenues, expenses, ticket sales, and related financial activity
• Assist with special projects and other ad hoc assignments as needed to support departmental and organizational goals
• Perform other job-related duties as assigned

Qualifications

Education and Experience

• Bachelor's degree in Accounting required; minimum of five years of accounting experience required; an equivalent combination of education and experience may be considered
• Experience with nonprofit accounting, fund accounting, grants management, restricted funds, and support of annual audits and financial reporting processes strongly preferred

Knowledge, Skills, and Abilities

• Strong understanding of accounting principles, revenue recognition, financial reporting, and internal controls
• Ability to analyze financial data, reconcile complex accounts, and maintain detailed financial records
• Strong organizational skills with the ability to manage multiple priorities and deadlines
• Excellent attention to detail and commitment to accuracy
• Ability to work independently and collaboratively with internal stakeholders across multiple departments
• Strong written and verbal communication skills
• Proficiency in Microsoft Office applications, particularly Excel and Word
• Experience with accounting systems and financial reporting tools required; familiarity with Financial Edge NXT preferred
• Experience with Tessitura or similar ticketing/fundraising systems preferred
• Passion for the mission of New World Symphony and commitment to its values of community, respect, excellence, accountability and trust

Physical Requirements

• Ability to work at a computer for extended periods

Benefits: NWS offers an excellent benefits package to eligible employees including medical, dental, vision, long and short term disability, life and AD&D, 401(k), generous paid time off and comprehensive flexible work arrangements program. EEO STATEMENT: The New World Symphony is an equal opportunity employer. The New World Symphony prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, veteran status, genetics, disability status or any other characteristic protected by federal, state or local laws. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.