Accounting Department
Accounting Department
Accounting Department
The Accounting Department ensures fiscal responsibility and financial transparency across all Bonita House programs through comprehensive financial management and reporting.
Department Overview
Our Accounting team manages:
- Financial planning and analysis
- Budget development and monitoring
- Accounts payable and receivable
- Financial reporting and compliance
- Grant management
- Audit coordination
Core Functions
Financial Operations
- Daily transaction processing
- Cash flow management
- Bank reconciliations
- Credit card administration
- Petty cash management
Budget Management
- Annual budget preparation
- Monthly variance analysis
- Cost center monitoring
- Capital expenditure planning
- Financial forecasting
Compliance & Reporting
- Monthly financial statements
- Board reporting
- Grant reporting
- Tax compliance
- Regulatory filings
Key Services
Accounts Payable
- Vendor management
- Invoice processing
- Payment scheduling
- 1099 processing
- Expense reimbursements
Accounts Receivable
- Contract billing
- Payment posting
- Collections management
- Revenue recognition
- Client statements
Grant Management
- Grant budgeting
- Expenditure tracking
- Compliance monitoring
- Drawdown requests
- Grant reporting
Financial Controls
Internal Controls
- Segregation of duties
- Approval hierarchies
- Documentation requirements
- Regular reconciliations
- Audit trails
Risk Management
- Fraud prevention
- Insurance management
- Contract review
- Compliance monitoring
- Financial audits
Reporting Schedule
Monthly Reports
- Financial statements
- Budget vs. actual
- Cash flow reports
- Accounts aging
- Program financials
Quarterly Reports
- Board financials
- Grant reports
- Tax filings
- Trend analysis
- Forecast updates
Annual Reports
- Audited financials
- 990 tax returns
- Cost reports
- Budget proposals
- Annual analysis