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 Kentucky is recognized as a national and international leader, ranks among the top half of states in innovation-driven economic development, and where KSTC is recognized among its peers as setting the benchmark for others to follow. With this vision in mind, our mission is clear: We cultivate knowledge, talent, and innovation to propel the state's growth and competitiveness on a national and global scale.

Position Summary: The Senior Accountant 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, supporting audits, and contributing to strategic financial planning. The ideal candidate has deep experience in nonprofit accounting, particularly with grant management and fund accounting.

Key Responsibilities:

Financial Reporting & General Ledger:

• 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:

• Track and report on restricted and unrestricted funding, ensuring compliance with federal (e.g., 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.

Internal Controls & Process Improvement:

• Maintain and improve internal controls, processes and accounting systems to enhance operational efficiency and mitigate risk.
• Contribute to systems improvements, as needed.

Collaboration & Support:

• 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, with at least 2 years in a nonprofit setting.
• Proven experience with fund accounting and managing government grants (federal, state, and local).
• Strong knowledge of OMB Uniform Guidance and other applicable grant regulations.
• Strong MS Office skills and keen attention to detail.
• Experience with fund accounting software.

Preferred Qualifications:

• Master’s degree in Business Administration, Accounting, Finance, or a related field.
• CPA
• Experience with Blackbaud’s Financial Edge.

Personal Attributes:

• Strong analytical and communication skills combined with the ability to think critically and strategically.
• 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 it’s 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 for interviews beginning immediately.