Revenue Accountant

Position Overview

Oversees accounting for contributed revenue streams and works with the Development Department to strengthen internal controls for revenue collection.

FSLA Status: Full Time, Exempt | Reports To: Controller | Compensation: $79,000-$80,000

Key Responsibilities

• Oversee contributed revenue accounting and proactively strengthen internal controls for revenue collection.
• Process donations and other contributed income in an accurate and timely manner.
• Work with the Development Department to ensure accurate coding and restricted fund designations.
• Use judgment and knowledge of restricted funds and grants to accurately release funds in accordance with donor restrictions.
• Collaborate with donor services to ensure financial reporting meets best practice standards.
• Implement operational efficiencies and provide consultation regarding internal controls for revenue collection and cash handling.
• Review grant expenses with relevant departments and the development team semi-annually to ensure correct coding and budget tracking.
• Reconcile the donor database to the general ledger on a monthly basis.
• Reconcile endowments and investment performance monthly and provide performance reporting as needed.
• Coordinate with endowment custodians and investment advisors to ensure prompt processing of assets, purchases, and distributions.
• Review all endowment investment subscription agreements for accuracy and completeness.
• Conduct financial analysis and reporting on specific endowment performance as requested.
• Provide finance support for new endowment investments as well as redemptions.
• Serve as the primary contact for investment managers and advisors regarding queries and correspondence.
• Offer finance support to the grants team, including budget preplanning, creating customized reports, data analysis, and compiling final financial reports.
• Manage projects to develop and implement policies and procedures that strengthen internal controls related to contributed income.
• Perform financial analysis and account reconciliation for various projects.
• Review exhibition expenses to ensure proper coding and accurate reporting.
• Prepare finance exhibition reports, analyze actual versus budget variances, and collaborate with exhibition managers.
• Work with the CFO to develop annual budgets for endowment payouts and restricted fund releases.
• Assist with annual audits and preparation of tax returns.
• Attend Audit Committee and Investment Committee Board Meetings and document minutes.
• Contribute to delivering exceptional, welcoming, and inclusive customer service.
• Participate in institutional learning opportunities to enhance collective understanding.

Required Qualifications

• BA/BS in a relevant field or equivalent combination of education and experience.
• Four years of related work experience with increasing responsibilities.
• Solid understanding of GAAP accounting and GAAP non-profit accounting principles.
• Ability to provide clear and digestible explanations of financial concepts to non-financial audiences.
• Demonstrated experience exercising sound judgment in accounting management and compliance practices.
• Proven ability to establish and maintain effective relationships with executives, management, and employees.
• Strong prioritization, time management, problem-solving, and analytical skills.
• Discretion in maintaining confidentiality of sensitive information.
• Proficiency in Microsoft Office Suite, Zoom, Asana, Slack, and internet-based research.
• Expertise in Microsoft Excel, including the creation of complex spreadsheets with formulas and pivot tables.
• Ability to pass and maintain security background check clearance.

Preferred Qualifications

• Experience with MIP accounting software.
• Experience with Adaptive Insights.
• Tessitura experience.
• Non-profit experience.

Benefits & Perks

• Medical & Insurance: Fully employer paid HMP medical plan or an employee contribution PPO plan, dental, vision, and basic life insurance/LTD/AD&D.
• Flexible Spending Account, Short Term Disability, Supplemental Dental Insurance, and participation in SAM’s 403b retirement plan.
• Following one year of service and 1,000 hours worked, SAM provides a discretionary 3% employer contribution and an employer match program.
• Paid time off including vacation, PSST, bereavement leave, jury duty, 11 scheduled holidays, and one paid floating holiday.
• Additional perks include a subsidized unlimited Orca card, onsite fitness facility, and an Employee Assistance Program (EAP).
• FT Staff receive a Patron level membership to SAM, a Tier III membership to the American Alliance of Museums, plus discounts on museum shop and programming.