Staff Accountant

Description:

TechTown is Wayne State University’s entrepreneurship hub. We empower Detroit-based startups and local businesses by providing resources, collaborative workspace, and education for entrepreneurs that will further accelerate inclusive economic development across Detroit.

About the Opportunity

TechTown is comprised of three legal entities: 1) TechTown (non-profit), 2) TechOne Holding (for-profit co-working and tenant building), and 3) Ops+ (for-profit business service organization). TechTown Detroit is seeking a Staff Accountant to manage the accounting operations of TechTown and Ops+, working closely with the Sr. Director of Finance and collaborating with team members who support TechOne Holding, Financial Services for Ops+ Clients, and Grant Compliance.

This position will be responsible for transactional activities and the preliminary presentation of financial statements for TechTown and Ops+.

The Impact You Will Make

Disbursements and Receipts Management:

• Process vendor invoices for TechTown and Ops+ in the organization’s Accounts Payable system (AP), Bill.com, including 1099 contractor administration, and ensure appropriate documentation.
• Ensure synchronization between the AP system and the general ledger.
• Process Ops+ Clients and TechTown Non-Profit Invoices/Grants with documentation, invoice posting, grant tracking/projects, and cash receipts.
• Collections Management.

Payroll and Journal Entries:

• Post bi-weekly payroll and allocation journal entries into the accounting system.
• Liaison with the HR department for payroll and benefit-related expenses.

Reconciliations:

• Prepare timely and accurate monthly account reconciliations.
• Assist with the reconciliation of intercompany transactions

Monthly Close:

• Perform accruals as necessary.
• Perform monthly journal entries related to revenue recognition.
• Prepare preliminary financial statements
• Prepare a preliminary schedule of restricted net assets

Internal Controls and Documentation:

• Ensure compliance with audit and internal control policies through proper documentation.
• Assist in developing, implementing, and maintaining internal controls.

Collaborative Partner

• Work with team members in developing a cross-organizational finance team to serve both internal and external clients.

What You Will Bring to the Table:

• Bachelor’s degree in accounting
• 5-10 years of experience in accounting, including general ledger maintenance and accounts payable.
• Entrepreneurial mindset with strong leadership skills.
• Commitment to supporting the vision and mission of TechTown Detroit.
• Proven ability to communicate clearly, perform under pressure, and work efficiently both independently and as part of a team.
• Detail-oriented and customer service-focused.
• Strong preference for candidates with nonprofit organization experience.
• Preference for candidate with public accounting experience or a CPA.
• Proficiency in Microsoft Office, Bill.com, QuickBooks, or similar financial software.

Salary:

The budgeted salary range for this position starts at $70,000 and may be adjusted according to qualifications and experience.

The Perks:

TechTown offers generous health and dental plans as well as vision, life insurance, short-term disability, a 401(k) plan, and a team member assistance program. Full-time team members also receive:

• 100% TechTown paid Life, STD, and LTD benefits
• Wellness Inspired Workplace with a Wellness Program and onsite Wellness Room
• 5 Weeks of paid time off per year
• 23 paid holidays (including 2 weeks in December and 1 week in July)
• 12 Paid Mental Health Days per year (one per month)
• $2500 Professional development stipend
• Retirement plan with employer matching up to 6%.
• Paid parental leave
• Creativity and innovation supported and encouraged by leadership
• Fulfillment and the knowledge of having made an impact in Detroit’s economic growth

Work Arrangements:

Most TechTown team members (including this position) are assigned to work hybrid (with occasional in-person collaborative meetings required).

Accessibility:

At TechTown Detroit, we are committed to fostering an inclusive, accessible environment, where all team members, clients, and tenants feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live in and serve, and creating an environment where everyone has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email our Human Resources department at [email protected]. Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.