Financial Analyst Officer
The Financial Analyst Officer (“FAO”) is a full-time, non-exempt employee of JFGT. The FAO, in coordination with the Jewish Federation/Foundation of Greater Toledo Controller, will manage the accounting team. The FAO will review, prepare and analyze financial data and organize data into accessible reports and perform various types of analysis using key metrics for a non-profit organization. The FAO will also assist in monitoring the Foundation’s investments and cash balances for the entire organization.
With an annual operating budget of over $4 million dollars and a staff of approximately 30 full time team members, JFGT is the central address community programing, services and philanthropy for the Jewish community of northwest Ohio and part of southeast Michigan. JFGT includes a successful endowment program through the Toledo Jewish Community Foundation that stewards over $50 million dollars in community assets, a seven-figure annual campaign, a Jewish Senior, Family and Social Services division including a community food pantry, a professionally staffed Jewish Community Relations Council, a preschool in its own building, the PJ Library program, an active Next Jewish Generation program, Hillel programs at two state universities, exceptional programs for community members age 60 and better and a Toledo Jewish Community Cemetery Association that operates and maintains two cemeteries.
The Toledo Jewish community is small but continues to support three synagogues as well as Chabad. Toledo boasts the University of Toledo, the Toledo Mudhens, and the nationally recognized Toledo Zoo and Toledo Museum of Art. Toledo is at the cross-roads of America with easy north/south highway access on I-75 and east/west highway access on I-80. It is within 50 minutes driving to Ann Arbor, 55 minutes to Detroit, 2.5 hours to Cleveland, and 4 hours to Chicago.
- Bachelor’s degree in accounting or similar business degree required.
- Minimum 3 years’ experience in non-profit or public accounting with knowledge of non-profit accounting.
- CPA preferred but not required.
- Knowledge of electronic recordkeeping systems and the use of technology, specifically but not required in QuickBooks, Financial Edge and Foundant. Must be proficient in Microsoft office products particularly in Excel.
- Effective at forging strong interpersonal alliances at all levels both within and outside the organization.
- Excellent written and verbal communication skills.
- Required to have organizational and analytical skills as it relates to the duties and responsibilities listed below.
The FAO reports directly to the JFGT Controller for all purposes related to planning, coordination and execution of the responsibilities detailed below.
- Maintain all financial records of the JFGT using proprietary software.
- Preparing monthly reconciliations relating the following:
- Bank Statements
- Investment Statements
- Campaign and other funds as needed
- Prepare and review monthly aged receivable reports and submit any cash collections items to the Controller.
- Prepare Excel workpaper to document the changes in the investments for the year each month and reconcile to the investment statements and general ledger.
- Weekly review cash balances and submit report to Controller and CEO.
- Weekly review of general ledger entries for accuracy on all proprietary accounting software.
- Review payroll every 2 weeks and record the payroll and benefit splits.
- Prepare and enter investment interest and changes in investments and run monthly spreads and endowment fees.
- Prepare quarterly payments to beneficiaries.
- Assist in preparation of monthly donor statements for distribution by the Foundation Associate or online.
- Assist in managing the administration of the proprietary software for accounting and CRM systems.
- Prepare and distribute monthly financial reports for the various areas of JFGT, comparing to the budget and researching any variances.
- Assist Controller in preparing and entering annual budgets.
- Prepare documents and co-ordinate the annual audit with outside accounting firm.
- Prepare 990 worksheets and co-ordinate annual 990 filings with outside accounting firm.
- Record Depreciation and maintain Fixed Asset Records.
- Prepare special analysis and reports as required. This may include preparation of charts, graphs and historical reviews of accounts and funds.
- Back up the Accounting Associate.
- Assist in establishing new accounts or Foundation Funds as required.
- Back up for Toledo Jewish Community Cemetery Association (“TJCCA”) in relation to proprietary cemetery software and help maintain the burial records of the TJCCA.
- Work with other department directors and officers on related projects as needed.
- Handle certain accounting tasks and prepare monthly financial statements for community institutions as contracted and oversee annual audit compilation.
- Organize annual record retention and destruction.
- Other duties as assigned by the Controller or Chief Executive Officer.
Applicants must include a cover letter stating interest in the position, a list of three (3) recent professional references who will only be contacted in case of a candidate being interviewed, and a resume of educational and professional experience. Application should be sent via email to [email protected].