Job Description
Job Description
Description :
Job Title : Accounts Payable Specialist - Non-Profit Finance & Analytics
Department : Finance
Reports to : Pedro Perez
Job Type : Full Time, Salary, Exempt
Job Location : 2626 S. Clearbrook (Hybrid)
Salary Range : $45,000 - $60,000 annually, depending on experience, qualifications, and specialized skills.
Rincon - Building Spaces, Restoring Communities- Who we are :
What began as a small clinic established by young community leaders on the West Side of Chicago in 1972 has grown into one of the largest providers of high-quality and culturally competent services focusing on counseling and crisis intervention services, substance use prevention and treatment, violence prevention, education, case management, community and family services. We are dedicated to rendering compassionate and effective programs to promote the quality of life by catalyzing to advocate, educate and empower individuals and their families.
Position Description – What the Role Entails :
We are seeking an experienced and adaptable Accounts Payable Specialist to join our mission-driven finance team. This role goes beyond traditional AP functions, requiring strong knowledge of GAAP, fund accounting, and cross-functional collaboration.
Company Culture - Do Our Values Speak to You?
At Rincon, our commitment to mutual respect, inclusivity, and diversity is woven into the structure of all that we do. We value :
- Dedication - Embodying effective and transparent leadership and quality client care.
- Education – Preventative programming and clinical services based on industry standards, competence and outreach.
- Accountability – Consistent service delivery, measurable success, and sensible financial management.
- Advocacy – Empowerment, reduction of treatment stigma, and relationship building with partners.
- Compassion – Embracing culturally diverse communities and equality through sensitivity to individual needs.
With these values in mind, we promote a culture that fosters professional development and agency success. Many of our employees span an extended tenure, and we pride ourselves on developing dedicated and supported team members.
Areas of Accountability - What you will be doing :
Payable Accounts & ReconciliationManage and process AP transactions with accuracy and timeliness.Perform and teach proper reconciliation techniques across accounts.Review and analyze smaller accounts for accuracy and completeness.2. GAAP & Fund Balance Expertise
Ensure compliance with Generally Accepted Accounting Principles (GAAP).Provide insights and training on fund balance accounting and accrual methods.3. Payment Processing :
Ensure timely and accurate payment of vendor invoices through various methods (e.g., checks, ACH, credit cards).4. Invoice Management :
Verify, code, and process invoices, ensuring compliance with policies and procedures.5. Record Keeping :
Maintain accurate and organized records of accounts payable transactions.6. Reconciliation :
Reconcile vendor statements, resolve discrepancies, and prepare bank reconciliations.7. Reporting :
Prepare and analyze accounts payable reports, including aging reports and cash flow projections.8. Process Improvement :
Identify and implement process improvements to enhance efficiency and accuracy in the accounts payable function.9. Compliance :
Ensure compliance with tax regulations and other financial reporting requirements.10. Communication :
Serve as the point of contact for vendors, suppliers, and internal stakeholders on payment-related matters.11. Budget Management :
Assist in the development and monitoring of the accounts payable budget.12.Financial Reporting :
Assist in preparing monthly and annual financial reports, including those related to accounts payable.Other duties as assignedRincon Rewards & Benefits- How we value you :
Health insuranceDental & Vision insuranceLife insuranceShort- and Long-Term Disability Insurance403(b) Retirement PlanGenerous PTO (Paid time off)- Accrue up to 21 days in Year 1, some PTO carryover allowable.Employee Assistance ProgramProfessional Development OpportunitiesEmployment may qualify for the Public Service Loan Forgiveness Program (PSLF)Certain employees may qualify for City of Chicago commuter transit benefitsRincon’s Work Environment – What to expect :
Collaborative, mission-driven setting focused on accuracy and compliancePrimarily desk-based work; occasional lifting of up to 15 lbs.Full-time schedule : Monday–Friday, 8 : 30 AM–4 : 30 PM (1-hour lunch)Language :
The candidate must be able to speak, read, and write in English to effectively communicate with vendors, suppliers, and internal stakeholders.RINCON FAMILY SERVICES IS AN EQUAL OPPORTUNITY EMPLOYER
Requirements :
The Knowledge and Expertise that Matters Most - What you bring to the Role :
Accounts Payable & Reconciliation : Process AP transactions accurately; reconcile accounts; review smaller accounts for completenessGAAP & Fund Accounting : Ensure compliance; provide insights and training on accrual methodsPayment Processing : Manage vendor payments via checks, ACH, and credit cardsInvoice Management : Verify, code, and process invoices per policyRecord Keeping : Maintain organized AP recordsReconciliation : Resolve discrepancies; prepare bank reconciliationsReporting : Prepare AP reports, aging schedules, and cash flow projectionsProcess Improvement : Identify and implement efficiency enhancementsCompliance : Adhere to tax and reporting requirementsCommunication : Act as liaison for vendors and internal stakeholdersBudget Support : Assist with AP budget development and monitoringFinancial Reporting : Contribute to monthly and annual reportsPosition Qualifications – What is required to Perform the Role :
Bachelor’s degree in accounting, Finance, or related field (CPA preferred)5–7 years of GAAP and accrual accounting experience, preferably in non-profitStrong knowledge of fund accounting, grant compliance, and fixed asset managementExperience with CIP and inter-entity accountingProficiency in accounting software (Blackbaud, QuickBooks, NetSuite, SAP)Advanced Excel skills (formulas, pivot tables, data analysis)Familiarity with data analytics tools (Power BI or similar)Ability to mentor others in accounting and analyticsExcellent interpersonal and problem-solving skillsExperience with system transitions is a plus