Accountant
$68k - $80kECMC Group
Accountant
ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.
The accountant is responsible for the accurate execution of day-to-day accounting operations and key deliverables. This role owns assigned accounts and processes, partners cross-functionally to resolve issues, and contributes to continuous improvement in reporting and controls while expanding exposure to investment accounting and structured finance products in a growing, multi-company financial services entity. An accountant takes end-to-end ownership of assigned areas to deliver timely and accurate financial information to management of ECMC Group and affiliated entities. Under some supervision, this position is responsible for the day-to-day accounting and reporting operations in a complex environment, including maintaining and reviewing supporting work papers, coordinating inputs for filings and provisions, preparing tax schedules, and partnering with external advisors to support compliance and reporting needs. The accountant maintains well documented processes, collaborates closely with auditors and cross functional partners, and strengthens both technical accounting and analytical skills through meaningful variance and trend analysis.
This position is classified as hybrid and requires attendance in office, Monday - Wednesday in Minneapolis, MN.
Essential Duties and Responsibilities
- Performs month end close activities with increasing ownership for assigned areas, including preparing and posting journal entries, maintaining schedules, reconciling intercompany activity, and completing financial statement tie outs.
- Prepares and maintains complex general ledger activity including balance sheet account reconciliations; research variances, resolve reconciling items, and document conclusions.
- Processes routine accounting transactions and maintain accounting estimates to ensure appropriate coding, documentation, and adherence to internal controls.
- Provides and maintains documentation with respect to account variances, roll forwards, supporting schedules, financial statement ratios, cash flows, explanations, and other key accounting schedules, ensuring workpapers are accurate, well-supported, and audit ready.
- Performs investment accounting and reporting activities with increasing ownership, including accounting for structured finance products, capital activity tracking, waterfall support, and compilation/analysis of valuation inputs and disclosures.
- Supports recurring and ad hoc FP&A activities, including planning templates, variance support, and compiling inputs for forecast and budget cycles.
- Assists external audit and tax compliance activities by preparing schedules, compiling supporting documentation, and responding to auditor and advisor inquiries with accurate, timely, and comprehensive information.
- Serves as the primary owner for assigned accounting processes and accounts, coordinating cross-functional inputs, managing deliverables and deadlines, proactively resolving issues, and driving continuous improvements to process efficiency, internal controls, and reporting quality.
- Owns accounting areas end-to-end, serving as the primary point of contact to coordinate inputs, manage deadlines and deliverables, resolve issues proactively, and identify opportunities to improve process efficiency and control design
- Performs other duties and responsibilities as assigned.
Required Qualifications
- Bachelor's degree in accounting, finance, or a related field.
- 1+ years of progressive accounting, auditing, or financial reporting experience.
- Foundational knowledge of Generally Accepted Accounting Principles (GAAP) and financial reporting concepts.
- Experience preparing journal entries, account reconciliations, and supporting schedules.
- Proficiency in Microsoft Office applications, including advanced Excel skills such as pivot tables, lookups, formulas, and data analysis techniques.
Preferred Qualifications
- Bachelor's degree in accounting
- Certified Public Accountant (CPA) license or active pursuit of CPA certification.
- Public accounting experience.
- Experience supporting month-end close, audits, tax reporting, or financial statement preparation.
- Experience in financial services, banking, investment management, structured finance, or nonprofit organizations.
- Familiarity with Workday Financial Management or other enterprise resource planning (ERP) systems.
- Experience working in a complex, multi-entity or multi-company environment.
- Exposure to investment accounting, fixed-income securities, or structured finance products.
The pay range for this position is $68,000 - 80,000. Actual compensation may vary based on factors such as relevant experience, peer and market benchmarks, and geographic location. The position level will be determined based on the selected candidate's qualifications, experience, and demonstrated capabilities.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
ECMC Group also provides a comprehensive benefits package:
- Health & wellness benefits: Medical, dental, and vision insurance plan options, with a generous employer subsidy. Company paid life & disability insurance, pre-tax flexible spending accounts and robust wellness programs.
- Financial benefits: Generous 401(k) plan with a company match up to 6% and additional discretionary contribution potential, holiday time off, paid time off accrual starting at 20 days/year and commuter subsidy.
- Education benefits: Tuition reimbursement up to $10,500/year for approved programs and student loan payment reimbursement up to $4,800/year. Up to $5,250 of qualifying education benefits can be reimbursed pre-tax.
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