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Accounting Intern for Nonprofit

Department: FIS - Fiscal
Location: Los Angeles, CA

Compensation: $20 per hour; Hours flexible

***This position is on-site in our DTLA office***

ORGANIZATIONAL BACKGROUND

PACE is local community nonprofit founded in 1976 to provide job training and placement services for the Asian Pacific Islander communities in Los Angeles. PACE has since expanded into a variety of service areas, all tailored to meet the growing and changing needs of the multi-ethnic communities in Los Angeles County. Now, in addition to job training and employment services, significant PACE programs encompass business development; early childhood education (Head Start); financial education and asset building; housing and rehabilitation services; weatherization and energy-conservation programs; and affordable housing development. PACE serves more than 60,000 people each year with our wide scope of services with approximately 350+ staff. PACE is recognized as a leader in addressing problems of poverty and economic inequity in ethnic minority communities and has a reputation of being responsive to community needs and is known for creating innovative solutions to the myriad of challenges faced by our clients.

POSITION SUMMARY

We are looking for a motivated Accounting Intern who will work closely with the accounting team to support various financial and administrative tasks for the Accounting Department. This position offers a unique opportunity for students who are currently enrolled and working towards a degree in Accounting, Finance or related to gain hands-on and practical experience in accounting and the non-profit sector. Hours can be flexible to support school schedule.

POSITION RESPONSIBILITIES:

Assist in day-to-day accounting functions which may include all related activities in fiscal department such as accounts payable, accounts receivable, general ledger entries, filing of financial records, various reports, data analysis and and ad-hoc tasks as assigned by Accounting team members. Some tasks may involve below:

  • Perform day to day financial transactions, including verifying, classifying and recording accounts payable data
  • Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted
  • Verify and investigate discrepancies, if any, by reconciling various accounts in A/P, GL, etc.
  • Facilitate payment of invoices due by sending bill reminders and contacting clients, if any
  • Understand expense accounts and cost centers
  • Assist with governmental forms, returns, and reports.
  • Maintain vendor information using MIP system
  • Generate and verifiy accuracy of the weekly Accounts Payable Aging report.
  • Respond to questions and make calls regarding billing problems; act as a liaison between departments and vendors.
  • Prepares checks, check deposits and makes bank deposits at various banks.
  • Supports the annual audit and funding source monitoring activities by providing supporting documentation to supports payments, receipts and general ledger journal entries.
  • Participate in special projects and initiatives as assigned by the Accounting Manager or Supervisor

KNOWLEDGE, SKILLS AND ABILITIES:

  • Possesses knowledge of basic general accounting and bookkeeping principals
  • Displays a proficiency in data entry.
  • Is knowledgeable about accounts payable, accounts receivable, and the process of maintaining general ledgers
  • Demonstrates strong communication, analytical, and problem-solving skills
  • Exhibits a strong regard for organizing and prioritizing, as well as ability to meet deadlines
  • Displays a respect for confidentiality.
  • Excellent attention to detail
  • Exhibits strong team building and interpersonal skills

QUALIFICATIONS:

  • Must be currently enrolled and working towards an AA or BA/BS degree in Accounting, Finance, or related
  • Microsoft Office knowledge is a must
  • Must be proficient in Microsoft Excel
  • MIP or accounting software experience is a plus

SPECIAL REQUIREMENTS:

  • Valid Driver’s License and adequate insurance coverage
  • Must pass background check
  • Must complete a pre-employment physical examination that includes drug and alcohol screening
  • COVID vaccination required; must have two-dose series of Pfizer or Moderna or a single-dose of Johnson & Johnson. Those that need a medical or religious exemption must reach out separately.

PHYSICAL DEMANDS:

The working conditions and physical demands of this position will be those that must be met to successfully perform the essential duties of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties. The physical environment the incumbent will work in is typically an office environment with moderate noise levels that would be expected in that type of work environment. Representative physical demands of the job include: normal vision and hearing, standing for extended periods, sitting for extended periods, kneeling and stooping, manipulating objects with hands, reaching overhead, and occasionally lifting and carrying objects weighing up to 25 pounds.

PACE is a private not-for-profit corporation that provides employment, small business assistance, and education, housing, energy and environmental and other community services in the Los Angeles City and County areas.  PACE is an equal opportunity and affirmative action employer.  

 
 
 
 
 

PACE is a private not-for-profit corporation that provides employment, small business assistance, and education, housing, energy and environmental and other community services in the Los Angeles City and County areas.  PACE is an equal opportunity and affirmative action employer.  

 
 
 
 
 

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