Description

Job Title: Senior Accountant

Company: Kentucky Science and Technology Corporation (KSTC)

Reports To: Chief Financial Officer

About KSTC: Since its founding in 1987, the Kentucky Science & Technology Corporation (KSTC) has been a pioneering force in driving science, technology, and innovative economic development throughout Kentucky.

Vision and Mission: We envision a future where KSTC and Kentucky are recognized as national leaders enabling high-performing innovation ecosystems, where Kentucky ranks in the top half of states for innovation-driven economic development, and KSTC is recognized among peers as setting the benchmark for others to follow. With this vision in mind, our mission is clear: We champion innovation in knowledge, talent and investment to accelerate the state's economic growth and competitiveness, securing a better future for all Kentuckians.

Position Summary: The Senior Accountant role is responsible for the accurate and timely recording, reporting, and analysis of financial transactions for the organization’s diverse programs. This role plays a critical part in ensuring compliance with government funding regulations and supporting audits. The ideal candidate has deep experience in nonprofit accounting, particularly with grant management and fund accounting. This position is a high impact role for KSTC. This role ensures financial statements are correctly prepared, provides financial support and leadership to the Executive Directors of KSTC's portfolio of mission-driven programs, and participates in the quarterly Board of Directors Finance meetings.

Key Responsibilities:

Financial Reporting & General Ledger:

• Leads the financial close process and ensures Financial Statements are created timely and accurately.
• Maintain the general ledger and ensure all transactions are recorded in accordance with GAAP and nonprofit standards.
• Prepare monthly, quarterly, and annual financial statements for internal and external stakeholders.
• Reconcile bank and investment accounts and ensure the integrity of all financial data.

Grant & Fund Accounting:

• Ensure compliance with federal (e.g., 2 CFR 200, OMB Uniform Guidance), state, and local grant requirements.
• Monitor expenditures by grant to ensure appropriate cost allocation and spending within allowable limits.
• Assist program managers with budget tracking and financial performance of their grants.

Budgeting & Forecasting:

• Support the annual budgeting process and periodic forecasts in collaboration with the Chief Financial Officer.
• Analyze budget vs. actual variances and provide insights and recommendations.

Audit & Compliance:

• Prepare schedules and documentation for annual financial and single audits.
• Ensure compliance with all relevant financial regulations and grant requirements.
• Assist in updating financial policies and procedures as needed.

Collaboration & Support:

• Create and improve documented Policies, Procedures and Work Instructions.
• Contribute to systems improvements, as needed.
• Serve as a financial liaison to program staff.
• Assist with other projects and duties as assigned by the CFO.

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field required.
• 5+ years of accounting experience.
• Strong MS Office skills and keen attention to detail.
• Experience with accounting systems.

Preferred Qualifications:

• Strong knowledge of OMB Uniform Guidance and other applicable grant regulations.
• 2 years of accounting experience in a nonprofit setting with experience with fund accounting and government grant (federal, state, and local) compliance.
• Master’s degree in Accounting, Finance, or a related field.
• Active CPA license.
• Experience with Blackbaud’s Financial Edge.

Personal Attributes:

• Strong analytical and communication skills combined with the ability to think critically and strategically.
• Ability to lead and influence without authority.
• Ability to work independently, solve problems and meet deadlines.
• Commitment to the mission and values of the organization.
• Results-oriented and driven to achieve organizational goals.
• Team-oriented professional who is self-motivated and can work both within a team structure and independently.
• Ability to work effectively with accounting and program staff, senior management, etc.

Additional Information:

• KSTC has its primary location in Lexington, Kentucky. This role requires regular presence in that office, typically three days per week.
• The above statements describe the general nature and level of work performed by individuals assigned to this job. It is not an exhaustive list of all duties and responsibilities required. Other duties may be assigned as determined by management.
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential duties and responsibilities.

KSTC is an equal opportunity employer and offers a competitive salary and benefits package. Applications are now being accepted and will be processed as they are received, with screening or interviews beginning immediately.