NPAworldwide
Overview
Manager of Investment Accounting & Financial Operations Our client is a not-for-profit that provides financial security to members and their families through various insurance products, investment alternatives and annuity products. The organization is mission-driven and supports a wide range of charitable activities. They believe that bolstering the financial health of members strengthens the overall impact of their charity. The Manager of Investment Accounting and Financial Operations supports the investment activities of the organization’s Charitable Fund. This role blends management oversight with hands-on execution, developing financial policies and managing day-to-day accounting and operational tasks. The position involves working Tuesday, Wednesday, and Thursday in the Boston office. This is a new position to support the continued growth of the organization. Specific areas include accounting, donor-advised fund administration and operations, and related treasury activities. Responsibilities
Lead the preparation and review of monthly, quarterly, and annual financial statements for multiple entities. Oversee general ledger activity, including journal entries, reconciliations, and adjustments. Manage the annual audit process and the preparation of Form 990s, coordinating with external auditors and tax professionals. Develop, implement, and maintain accounting policies and procedures, with a focus on donor-advised funds and other charitable strategies. Provide financial reporting and analysis for the Board of Directors and various committees. Oversee day-to-day financial transactions for the Donor Advised Fund (DAF), including processing payments, reconciling accounts, and managing cash flows. Manage individual DAF accounting, tracking contributions, investment income, grant disbursements, accounts payable transactions, and processing account-level fees. Work with the client success team to ensure timely and accurate grant distributions and fund reporting. Assist in implementing technology solutions to enhance operational efficiency and data integrity. Ensure compliance with IRS regulations, GAAP and industry best practices related to donor-advised funds and other charitable strategies. Qualifications
Extensive knowledge of GAAP and nonprofit accounting principles. Proven experience in financial or treasury operations. Ability to balance strategic financial oversight with hands-on transactional work in a lean team environment. Proficiency in Microsoft Office Suite, especially Excel and PowerPoint. Familiarity with donor-advised fund platforms is a plus. Bachelor’s degree in Accounting, Finance, or a business-related major is required. CPA and prior experience in Public Accounting is strongly preferred. Six (6) plus years of progressive experience in accounting or finance and demonstrated management experience. Relevant experience could be gained at charitable operations of a financial institution, national non-profit charities, community foundations or specialized outside service providers. Benefits
Time Away: 13 paid holidays per year in addition to vacation and paid sick leave, and flexible workweek schedules. Professional Development: Certifications, designation, and tuition reimbursement. Retirement Benefits: 401(k) with company matching contributions and cash balance retirement plans fully funded by the company. Health And Wellness: Short-term disability and term life insurance fully paid by the company; childbirth leave; paid parental leave; health insurance options including HSA with employer contributions; long-term disability; dental and vision insurance; health club membership reimbursement; Employee Assistance Program. Why Is This a Great Opportunity
This is a new role with a well-established organization. The goal is to provide higher level exposure after becoming comfortable with the technical aspects of the position. Prior experience with donor-advised funds would accelerate the transition. The most important factor is finding an individual who works well with management and can engage with the board. Alignment with the organization’s mission is also important.
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Manager of Investment Accounting & Financial Operations Our client is a not-for-profit that provides financial security to members and their families through various insurance products, investment alternatives and annuity products. The organization is mission-driven and supports a wide range of charitable activities. They believe that bolstering the financial health of members strengthens the overall impact of their charity. The Manager of Investment Accounting and Financial Operations supports the investment activities of the organization’s Charitable Fund. This role blends management oversight with hands-on execution, developing financial policies and managing day-to-day accounting and operational tasks. The position involves working Tuesday, Wednesday, and Thursday in the Boston office. This is a new position to support the continued growth of the organization. Specific areas include accounting, donor-advised fund administration and operations, and related treasury activities. Responsibilities
Lead the preparation and review of monthly, quarterly, and annual financial statements for multiple entities. Oversee general ledger activity, including journal entries, reconciliations, and adjustments. Manage the annual audit process and the preparation of Form 990s, coordinating with external auditors and tax professionals. Develop, implement, and maintain accounting policies and procedures, with a focus on donor-advised funds and other charitable strategies. Provide financial reporting and analysis for the Board of Directors and various committees. Oversee day-to-day financial transactions for the Donor Advised Fund (DAF), including processing payments, reconciling accounts, and managing cash flows. Manage individual DAF accounting, tracking contributions, investment income, grant disbursements, accounts payable transactions, and processing account-level fees. Work with the client success team to ensure timely and accurate grant distributions and fund reporting. Assist in implementing technology solutions to enhance operational efficiency and data integrity. Ensure compliance with IRS regulations, GAAP and industry best practices related to donor-advised funds and other charitable strategies. Qualifications
Extensive knowledge of GAAP and nonprofit accounting principles. Proven experience in financial or treasury operations. Ability to balance strategic financial oversight with hands-on transactional work in a lean team environment. Proficiency in Microsoft Office Suite, especially Excel and PowerPoint. Familiarity with donor-advised fund platforms is a plus. Bachelor’s degree in Accounting, Finance, or a business-related major is required. CPA and prior experience in Public Accounting is strongly preferred. Six (6) plus years of progressive experience in accounting or finance and demonstrated management experience. Relevant experience could be gained at charitable operations of a financial institution, national non-profit charities, community foundations or specialized outside service providers. Benefits
Time Away: 13 paid holidays per year in addition to vacation and paid sick leave, and flexible workweek schedules. Professional Development: Certifications, designation, and tuition reimbursement. Retirement Benefits: 401(k) with company matching contributions and cash balance retirement plans fully funded by the company. Health And Wellness: Short-term disability and term life insurance fully paid by the company; childbirth leave; paid parental leave; health insurance options including HSA with employer contributions; long-term disability; dental and vision insurance; health club membership reimbursement; Employee Assistance Program. Why Is This a Great Opportunity
This is a new role with a well-established organization. The goal is to provide higher level exposure after becoming comfortable with the technical aspects of the position. Prior experience with donor-advised funds would accelerate the transition. The most important factor is finding an individual who works well with management and can engage with the board. Alignment with the organization’s mission is also important.
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