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 Detroit is seeking a staff accountant to work closely with the Sr. Director of Finance and Compliance to manage financial records for TechTown Detroit and Tech One Holding. 

The Impact You Will Make:

Disbursements and Receipts Management:

• Serve as the primary administrator for the Accounts Payable system (AP) and Bill.com.
• Assist departments with documentation and invoice posting.
• Handle 1099 contractor administration and ensure appropriate documentation.
• Ensure synchronization between the AP system and the general ledger.
• Assist with cash application and documenting receipts of funds.

Credit Card Software Management:

• Oversee the Bill Spend and Expense platform for reimbursements and credit cards.
• Provide training and cardholder support.
• Review expenditure classifications and individual credit limits.

Payroll and Journal Entries:

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

Fixed Assets:

• Maintain the company’s fixed asset register.
• Prepare the monthly journal entries to record depreciation.
• Assist with evaluating expenses for capitalization in accordance with the company’s policy.
• Assist with an annual review of assets to be disposed of.

Reconciliations:

• Prepare timely and accurate monthly bank account and investment reconciliations.
• Reconcile intercompany transactions and fixed asset accounts.

Monthly Close:

• Perform accruals as necessary.
• Perform monthly journal entries related to prepaid expenses.
• Perform monthly journal entries related to revenue recognition.

Internal Controls and Documentation:

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

Requirements

What You Will Bring to the Table:

• Bachelor’s degree in accounting
• 5-10 years of experience in nonprofit 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.
• Preference for candidates with nonprofit organization experience.
• Proficiency in Microsoft Office, Bill.com, QuickBooks, or similar financial software.
• Preference for candidates with Intuit Bookkeeping Certification and QuickBooks Online Level 1 Certification.

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)
• 10 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:

This position offers a hybrid work arrangement, combining scheduled in-office and remote days, with required in-person collaborative meetings. 

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 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.