Accountant
The Accountant is responsible for the accounting, reporting, and oversight of endowment funds, ensuring compliance with donor restrictions, accounting standards, and organizational policies. This role supports accurate financial reporting, investment tracking, and stewardship of restricted assets, typically within nonprofit, higher education, healthcare, or foundation environments.
Key Responsibilities
- Maintain accurate accounting records for endowment funds, including both restricted and unrestricted balances
- Record contributions, investment income, realized/unrealized gains, and distributions
- Prepare monthly, quarterly, and annual endowment reports for internal stakeholders and leadership
- Reconcile investment accounts to custodian and investment manager statements
- Track pooled funds, unitization, and spending allocations
- Monitor investment performance and ensure proper recording of transactions
- Ensure adherence to donor-imposed restrictions and applicable regulations (e.g., UPMIFA)
- Monitor endowment spending in accordance with organizational policies and board-approved spending rates
- Assist with audits and provide documentation related to endowment funds
- Participate in month-end and year-end close processes related to endowments
- Prepare audit schedules and respond to auditor requests
- Support financial statement preparation, including footnote disclosures
Qualifications:
Compensation
$25.00-$35.00 HourlyAbout Us
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