Accounts Payable Specialist

Posted Yesterday
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Washington, DC, USA
In-Office
60K-75K Annually
Entry level
Edtech • Social Impact
The Role
Maintains accurate accounts payable and financial transaction records, reconciles entries, balances the general ledger, prepares trial balances, and supports financial statements, payroll, payments, and month-end close. Ensures compliance with GAAP, governmental accounting standards, nonprofit regulations, and applicable federal, state, local, and charter-authorizer requirements. The role also develops accounting procedures, responds to internal and vendor inquiries, and uses Excel and financial management software for data entry and recordkeeping.
Summary Generated by Built In
Overview

Friendship Public Charter School operates a thriving network of college preparatory public charter schools. Headquartered in Washington, D.C., Friendship serves over 4,800 students in preschool to grade 12 and guides a growing network of alumni to college completion annually.  Our mission is to prepare students to become ethical, literate, well-rounded and self-sufficient citizens by providing a world-class education that motivates students to reach high academic standards, to enjoy learning, to achieve success, and to contribute actively to their communities. For 25 years, with the support and guidance of our exceptional faculty, our students have risen to the challenge with high graduation rates, college acceptances and unparalleled success academically and socially.


Please note the salary range is $60k - $75k

Responsibilities

AP Specialist is responsible for ensuring timely entry and accuracy of all financial data. The AP Specialist will record and maintain financial transactions, performing reconciliations. This individual will assist accountants in preparing financial statements and closing books, running payroll, and making payments. The AP Specialist also supports the team in ensuring compliance with GAAP and all other relevant requirements including requirements set forth by the charter authorizer, federal and state government, lenders and philanthropic institutions.


Responsibilities include the following:

  • Maintaining records of financial transactions by posting and verifying
  • Defining bookkeeping policies and procedures
  • Developing systems to account for financial transactions by establishing a charts of accounts
  • Reconciling entries
  • Maintaining a balanced general ledger
  • Preparing a trial balance for the accountants
  • Ensuring compliance with federal, state and local legal requirements
  • Other duties as assigned
Qualifications

Skills and Experience

  • Solid knowledge of accounting principles and practices
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP), as well as Governmental Accounting Standards (GAS) and Financial Accounting Standards Board (FASB) pronouncements.
  • Knowledge of financial compliance including but not limited to statutory and regulatory requirements for nonprofit organizations.
  • Communication skills capable of presenting accounting and financial requirements
  • Customer service skills for prompt professional responses to internal and vendor inquiries
  • Excellent organization, time management, and follow-up skills; ability to prioritize and demonstrate an appropriate sense of urgency.
  • History of successfully documenting policies and procedures to support the department in executing work in compliance with all applicable requirements.

Minimum Requirements

  • Bachelor's degree in accounting, finance or related discipline
  • Previous bookkeeping experience preferred
  • Experience working in a fast-paced environment
  • Non-profit sector experience preferred
  • Experience in K-12 education preferred
  • Superior detail orientation balanced with the ability to see the “big picture”
  • Comfort with working in a collaborative team environment
  • Expertise in data entry using Microsoft Excel and other financial management software

FPCS’s policy is to provide equal employment opportunity to all qualified applicants and employees regardless of their race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity or expression, marital status, genetic information, veteran status, status as a special disabled veteran, or any other protected criteria as established by federal, state, or local laws.  This policy applies to recruitment and hiring, training, promotion, compensation, benefits, transfer, layoff, termination and all other terms and conditions of employment.  Employment decisions at FPCS are based solely upon relevant criteria, including an individual’s capabilities, qualifications, training, experience and suitability.

Skills Required

  • Bachelor's degree in accounting, finance, or a related discipline
  • Solid knowledge of accounting principles and practices
  • Thorough understanding of GAAP, GAS, and FASB pronouncements
  • Knowledge of nonprofit financial compliance and statutory and regulatory requirements
  • Strong communication skills for presenting accounting and financial requirements
  • Customer service skills for responding to internal and vendor inquiries
  • Excellent organization, time management, prioritization, and follow-up skills
  • Experience documenting policies and procedures for compliant department operations
  • Previous bookkeeping experience
  • Experience working in a fast-paced environment
  • Nonprofit sector experience
  • K-12 education experience
  • Strong attention to detail and ability to understand the broader organizational context
  • Ability to work collaboratively in a team environment
  • Expertise in data entry using Microsoft Excel and financial management software
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The Company
750 Employees
Year Founded: 1998

What We Do

Friendship Public Charter School operates a network of college-preparatory public charter schools in Washington, D.C., serving students from Pre-K3 through 12th grade across 15 campuses, including online learning. Its mission is to provide a world-class education that promotes high academic standards, enjoyment of learning, and the development of ethical, literate, well-rounded, self-sufficient citizens who contribute actively to their communities.

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