Equity and our Mission
10,000 Degrees is the leading, equity-focused scholarship provider and college success nonprofit in California. Since 1981, we’ve helped more than 20,000 students from low-income backgrounds achieve their college dreams, and today, we reach more than 12,000 students and families each year.
Our mission is to achieve educational equity and to support students from low-income backgrounds to and through college to realize their full potential and positively impact their communities and the world.
Never has this mission been more critical. The pandemic has multiplied the obstacles and uncertainty our students face. The opportunity gap has not narrowed but grown. Educational inequities and racial injustices continue to prevail. The demand for our support and resources has never been greater.
Through it all, our commitment to our students has never wavered. 10,000 Degrees won’t stop until all of our students get the support and resources they need to realize their full potential, and earn their degree.
Join us on our mission to achieve educational equity. Apply to work with our passionate team to make a difference and give back to your community.
You’re joining at an exciting time, as we just launched our five-year Strategic Plan, and we are growing our talented team!
Our Core Values
At 10,000 Degrees, our core values guide everything we do, from the way we deliver student support to how we structure our organizational systems to be mission-aligned.
We believe:
- In the great potential of all students.
- Every student should have equitable opportunities to a quality education and to graduate from college.
- All our students and alumni are changemakers.
- Students and their families, schools and communities each play a critical role in educating our youth and strengthening our communities’ economic and social health.
- Educating all students to achieve their full potential is an urgent moral, social and economic imperative.
- Education is the foundation of a just and equitable society.
The Opportunity & How You’ll Help Us Achieve Our Mission
Under the supervision of the Controller, the Accounts Receivable (A/R) Senior Staff Accountant is an integral part of the Finance team and works closely with the Controller and in conjunction with the CFO in ensuring that financial systems are working efficiently in order to support the achievement of 10,000 Degrees’ mission.
The 10,000 Degrees A/R Senior Staff Accountant position is an important part of the 10,000 Degrees mission to support students from low-income backgrounds to and through college to positively impact their communities and the world. 10,000 Degrees is a high-impact, outcomes-oriented organization, with a budget of approximately $22 million and team of more than 100 employees. We operate in an entrepreneurial environment and are committed to continuous improvement. We invest in our team so that each member has the opportunity to be the best they can be. With huge need and huge promise in California, 10,000 Degrees is on a trajectory of growth and expansion, seeking to quadruple our impact by 2026. We are seeking talent with superior critical thinking, communication and organizational skills.
Responsibilities
- Oversees all customer invoicing and revenue recognition including but not limited to timely and accurate coding of all cash receipts from grants, pledges and donations.
- Oversees all credit card merchant service relationships and timely posting of all credit card receipts.
- Ensure timely recording of all receivables and revenue to help facilitate a 10-day month-end close and production of timely and accurate monthly budget to actual reports.
- Coordinates and owns all aspects of account receivable and contributions receivable including: client/customer maintenance, A/R data entry, proper codification, invoicing and billing, posting payments and receipts, A/R aging, collections, and general customer support.
- Collaborates with the Development team to reconcile the accounting system to the donor database (Salesforce) monthly for all revenue streams.
- Maintains supporting schedules and prepares monthly journal entries as needed, including calculation and tracking of deferred revenue.
- Supports annual audit preparation and fieldwork as needed.
- Maintains electronic and physical filing systems.
- Assists the Controller & CFO with accounting analysis, ad hoc schedules, and other duties as needed.
- Applies Generally Accepted Accounting Principles to all processes, specifically focused on ASC606 Revenue Recognition .
- Communicates directly with other departments when necessary,
- Cross trains on other roles in the Finance department to enable back-up coverage.
- Provides back-up for other team members including Controller, A/P, Scholarships and Payroll as needed throughout the year.
- Utilize software tools/automation to integrate, automate and streamline key A/R functions and processes. Support the team through new accounting system implementation.
- Other duties as assigned and other Ad hoc projects as needed.
Qualifications
First, all 10,000 Degrees employees must embrace our vision of a world where all students, regardless of race, ethnicity, or socioeconomic background will have the full range of educational opportunities, support, and resources to realize their full potential.
For this position, we believe that you will be the most successful if you have the following:
Education Requirements
- BA/BS degree preferred, preferably in Business, Finance/Economic or Accounting, equivalent work experience can be substituted
- A basic understanding of accounting principles (debit/credit bookkeeping) and how to apply them in practice.
- A basic understanding of accrual basis accounting.
- Knowledge of Generally Accepted Accounting Principles and how they relate to this work.
Professional Experience
- Minimum 5 years’ experience in accounting/bookkeeping, non-profit experience a plus
- Sound understanding of Generally Accepted Accounting Principles (GAAP)
- Analytical and problem-solving skills, critical thinking
- MS Excel skills-intermediate to advanced (Vlook up, Pivot tables)
- Impeccable judgment and excellent interpersonal and communication skills, both written and verbal.
- Ability to work collaboratively with all 10,000 Degrees constituents and staff, including direct communications with our customers, banks, and other departments as needed.
- Ability to meet deadlines, prioritize work, and stay organized in a high-paced work environment.
- Attention to detail and ability to manage high volumes of data.
- Ability to manage multiple responsibilities simultaneously while providing a consistent and accurate work product.
- Commitment to the mission and goals of 10,000 Degrees
Skills & Characteristics:
- High level of professionalism: promptness, preparedness, professional appearance
- Excellent presentation and communication skills
- Strong administrative and organizational skills
- Proficiency in Microsoft Word and Excel, Google applications
- Demonstrate enthusiasm and initiative and the ability to work independently
- Willing to learn and be self-reflective
- History of working effectively as part of a team
Location
This position is open to remote work for California residents only. Currently this is a hybrid role and the expectation is for the successful applicant to be in the office once per week. Going forward, applicant must be able to attend in-person events 4 times a year.
Our Culture and Investment in You
We want you to feel proud being a part of the 10,000 Degrees team, because of the work that you do and the community we strive to be.
At 10,000 Degrees we are creating a more equitable, inclusive, anti-racist organization and a community where everyone belongs. We provide a comprehensive and generous benefits package, work schedule flexibility and a culture of care to promote job satisfaction, professional growth, and wellbeing. We are a collaborative, team-oriented and transparent organization that listens to our employees. 10,000 Degrees also supports you on your career journey by providing ongoing professional development opportunities, and giving you a clear path toward leadership pathways and advancement.
Compensation Package
- $70,000-73,500 per year
- Excellent health, dental, and vision benefits
- Flexible Spending Account (FSA)
- Dependent Care Account
- Commuter Benefits
- Company-sponsored Life Insurance
- 401(k) with employer contribution
- Employee Assistance Program through Concern Health
- 15 days paid vacation and generous paid sick leave
- 11 Holidays, in addition 10,000 Degrees is closed between Christmas Eve and New Year’s Day.
- Professional development, including conferences, seminars, webinars, and trainings
TO APPLY
For immediate consideration please complete the Senior Staff Accountant- Accounts Receivable application.
Note: all applicants are required to submit a clear TB test and fingerprints as part of the background check, and Employment with 10,000 Degrees requires full vaccination and proof of full vaccination for COVID-19 before starting work. Exemptions to the mandatory vaccination policy may be available for a medical condition, disability, or sincerely held religious belief and must be approved before starting work.