CPAs in not-for-profit organizations provide the information these institutions need to determine that the benefits and services they provide do not exceed revenues. Whether a CPA is on the staff of a not-for-profit organization or serves in an advisory capacity, he or she can help the organization solve tax problems, set up an internal control system, budget resources and prepare financial data for fund raising.
Staff Positions at Not-For-Profit Organizations vary depending on the size of the organization.
Staff-Financial Accounting & Reporting (1-3 years) works under the direction of a Senior Accountant performing detailed work assignments in one or several of the following areas: receivables, payables, payroll, property, general ledger and financial statements.
Staff-Internal Audit (1-3 years) works under the direction of a Senior or Manager in conducting compliance audits and tests internal controls and information systems.
Senior-Financial Accounting & Reporting (3-6 years) supervises the work performed in one or more of the general accounting areas such as receivables, payables and financial reporting. May also be responsible for special reports and analyses involving financial data.
Senior-Internal Audit (3-6 years) supervises the testing of internal control and accounting information systems. Frequently conducts statistical samples of document approval, performs special tests to uncover defalcations and performs operational audits for profit improvement recommendations.
Controller functions as the Chief Accounting Executive responsible for organizing, directing, and controlling the work of the accounting personnel in collecting, summarizing and interpreting financial data for the use of management, creditors, investors, and taxing authorities. As a member of the top management team, helps develop forecasts for proposed projects of the organization, measures actual performance against operating plans and standards, and interprets the results of operations for all levels of management.
Chief Financial Officer (CFO) is typically designated Vice President--Finance. The CFO advises the President of the organization with respect to financial reporting, financial stability and liquidity, and financial growth. Directs and supervises the work of the Controller, Treasurer, and sometimes the Internal Auditing Manager. Other duties may include maintenance of relationships with financial institutions.
Positions are available as an Audit Committee Chair
or Audit Committee Member for not-for-profit.