Revenue Accountant

LifeWorks of Austin, TX is looking for a Revenue Accountant to join our Finance team!

The Revenue Accountant is responsible for the accurate and timely accounting, billing, receipt, reconciliation, and reporting of the Agency’s revenue and funding sources, including grants, contracts, contributions, program-service revenue, insurance and third-party payments, private-pay revenue, and other cash receipts. The position processes financial transactions within the general ledger, applies generally accepted accounting principles (GAAP), and follows Agency policies, funding requirements, and applicable regulations. The Revenue Accountant prepares standard and ad hoc financial reports, supports revenue forecasting and the annual budgeting process, and performs assigned audit support. This position works professionally and collaboratively with clients, coworkers, supervisors, funders, and external partners while achieving performance expectations and maintaining a positive work environment.

This full time, exempt position earns a competitive rate ranging from $62,245 - $84,112 depending upon experience. Benefits are also included, which consist of 24 PTO days per year (accrued); 11 paid holidays per year; a premium-free employee medical plan with $100 per month HSA contribution (plus other affordable employee or family medical, dental, and vision options!); a retirement savings plan with 50% match on the first 6% of contributions, and much more!

RESPONSIBILITIES

• Oversee the accounting and reconciliation of assigned revenue and funding sources, including grants, contracts, contributions, pledges, program-service revenue, insurance and third-party payments, private-pay revenue, and other cash receipts.
• Prepares invoices, reimbursement requests, and related financial documentation for specifically assigned funding sources.
• Records, applies, and reconciles donor, merchant, event, third-party, and other revenue receipts, including activity processed through applicable payment platforms.
• Verifies, maintains and reconciles pledge and donor contribution data in the donor management system against the general ledger in NetSuite.
• Monitors account receivables, pledge receivables, unbilled revenue, deferred revenue, and outstanding reimbursements; researches and resolves discrepancies and aging items.
• Analyzes revenue and receivable activity and prepares monthly reconciliations, schedules, and journal entries to support an accurate and timely month-end close.
• Applies GAAP and Agency policies when evaluating revenue recognition, receivables, restrictions, and related financial transactions.
• Maintains current knowledge of assigned funding agreements, billing provisions, reporting requirements, allowable costs, restrictions, and applicable regulations.
• Prepares required fiscal reports for funders and other external parties and submits them by established due dates.
• Works closely with the Director of Finance, Strategic Partnership staff, and other applicable staff regarding revenue, billing, funding, and financial reporting matters.
• Reviews employee expense reports, program and department in-kind activity, and supporting documentation when relevant to assigned funding sources.
• Reviews program-related expenses and allocates costs as needed to meet funding requirements.
• Research and resolves third-party payer, insurance, private-pay, customer, and funder correspondence related to billing, payment, and account discrepancies.
• Maintains organized and complete accounts receivable, billing, cash receipt, grant, contract, and supporting documentation files.
• Develop standard and ad hoc financial reports using NetSuite and Microsoft Office products.
• Maintains confidentiality regarding client and staff information and fiscal decisions.
• Other duties as assigned.

QUALIFICATIONS

EDUCATION AND EXPERIENCE

• Required Bachelor’s Degree in Accounting or Finance, or related field with a minimum of 3+ years of accounting experience (preferably in a non-profit organization); or
• Associate Degree with 5+ years’ experience within a non-profit organization or
• Equivalent combination of education and experience.
• Knowledge of GAAP, revenue recognition, accounts receivable, and federal or other restricted funding requirements.
• Knowledge of computerized accounting systems, preferably Oracle NetSuite, and experience with billing, cash receipts, reconciliations, and financial reporting.
• Proficient-level experience with Microsoft Office, including Word, Excel, and Outlook.

CORE COMPETENCIES AND SKILLS

• Client Focus - Builds transformational relationships with clients and delivers mission-centered solutions. 
• Collaborates and Adapts - Builds partnerships and works collaboratively with others to meet shared objectives and fulfill our mission; adapts one’s approach and demeanor to meet the shifting demands of different situations. 
• Honors Differences - Embraces different perspectives, cultures, and backgrounds by being open to others’ opinions, ideas, and experiences; develops an inclusive culture that creates solutions to meet the needs of our clients. 
• Nimble Learning - Actively learns from successes, failures, and others’ experiences, and shows a willingness to pivot and try new things.
• Builds Trust - Gains the confidence and trust of others through integrity, dependability, and authenticity.
• Action Oriented - Takes initiative, shows resourcefulness, and directs focus and energy on mission-critical opportunities, challenges, and changes. 

ABOUT LIFEWORKS
With more than 50 years of experience working with youth experiencing homelessness, youth aging out of foster care, young adults, and young parents, LifeWorks is committed to solving youth homelessness through housing, mental health, education, and workforce services. Our vision is a Central Texas where every young person has a place to call home, a sense of belonging, and the support to pursue a life they love.  

We provide a full range of support services for vulnerable youth, ensuring that every young person has access to a safe home, the chance to heal, and opportunities to learn and work. Through innovative problem-solving, shared accountability, and evidence-based solutions, we are relentless in achieving real, sustainable, and measurable results for the clients we serve.  

A career at LifeWorks offers opportunities to grow professionally while making an immediate, lasting impact on the lives of youth and families in our community. Join us in building a future where every young person has the stability and support to thrive.