Nonprofit Accounts Payable Specialist

Overview Of Last Mile Education Fund

The Last Mile Education Fund invests in the next generation of technology talent. We offer a disruptive approach to increasing diversity in tech and engineering fields by addressing critical gaps in financial support for college students facing obstacles to graduation. We disrupt the traditional scholarship model by investing in students based on our four pillars: Agility, Abundance, Investment Mindset, and Creating a Virtuous Circle. Last Mile is a rapidly scaling organization that is adding capacity to its finance team.

Position Overview

The Accounts Payable Specialist is responsible for administering accounts payable, reconciling bank statements, and generating financial reports as needed. The ideal candidate will have experience in nonprofit accounting and possess excellent attention to detail, organizational skills, and the ability to work independently. The Accounts Payable Specialist is an integral member of the finance team and reports directly to the Finance Director.

This position has geographic flexibility and can be performed remotely. The Last Mile team is fully remote and geographically dispersed currently between Colorado, Maryland, Michigan, Texas, and Washington. Travel is required quarterly to participate in team-wide convenings and operational meetings.

Role And Responsibilities

• Annual Audit and Compliance. Support the annual audit process and filing of the 990 federal tax return. Maintain business and payroll licenses for the organization.
• Reporting & Documentation. Assist in documenting and maintaining accounting processes and procedures. Prepare monthly, quarterly, and annual financial reports.
• Accounts Receivable and Payable. Receive, review, and record all A/R and A/P transactions. Reconcile all Last Mile credit cards. Monitor and update accounts receivable schedules.
• Month-end and Year-end Close. Support the month-end and year-end financial closing procedures including: initiating and entering journal entries; uploading selected entries; driving the team through the closing process using checklists; performing bank reconciliations, balance sheet account reconciliations, and other reconciliations as needed.
• Analysis. Work on various research projects as assigned by the Finance Director.
• Grant Payment Processing. Process grant payments utilizing Last Mile’s software. Review student W8/W9 forms for accuracy. Follow up with students as needed.

Requirements

Education and Experience Requirements

• Proficient in Microsoft Office products (Excel), QuickBooks, NetSuite, and other accounting software.
• Minimum two years of experience. Experience with nonprofit accounting is a plus.
• Bachelor’s degree in accounting or related field.

Knowledge, Skills, And Abilities

• Ability to think critically, prioritize, and problem solve.
• Highly organized and detail oriented.
• Must align with the Last Mile mission and its values of equity, ethics, human-centric, belonging, abundance, agility, and a radical approach.
• Ability to work independently; have solid attention to detail and accuracy; have superior analytical and problem solving skills; have excellent organizational, time management, and decision making skills. Must meet absolute deadlines.
• Satisfactory credit and background checks are required.
• Ability to execute a defined process repeatedly and accurately and contribute to process improvement initiatives.
• Math-minded with accurate accounting skills.
• Tech savvy with the ability to work with various accounting and financial systems.
• Strong interpersonal and communication skills, including positive interaction with staff, grantees, and donors.

Benefits

Compensation & Benefits

The Accounts Payable Specialist salary ranges from $55,000 to $65,000 commensurate with experience and education. As a member of our team, you will receive a competitive salary and an outstanding benefits package including:

• 4 weeks of paid vacation leave
• Gold health plan, dental & vision insurance (100% employer paid for employees and 90% paid for dependents!!)
• Short-term, long-term, and life insurance 100% employer paid
• 401k retirement plan with up to a 6% employer match
• Health savings account with an employer contribution
• 18 paid holidays
• And more!!