Boston Medical Center (BMC)
Fund Manager – Development
Position Summary
The Fund Manager will be an integral member of the Development team, reporting to the Associate Director, Operations. The Fund Manager is responsible for all fund management activities within the Development Office, serving as the primary owner for philanthropic fund integrity and compliance across more than 400 donor‑established funds. This includes ensuring all funds are created, classified, and reported in alignment with donor intent, GAAP, IRS regulations, and CASE/AHP standards for philanthropic fund management. The role will be responsible for exception monitoring, flagging funds that are overspent, underspent, or out of compliance with donor intent; documenting and escalating discrepancies, keeping records, and bringing them to Finance and Development leadership.
The Fund Manager will develop and execute an aligned strategic plan for oversight of donor and restricted fund data, effectively managing more than 400 donor funds through establishing efficient operations and technology utilization for fund reconciliation, tracking, analysis, and documentation management. The Fund Manager will work closely with System Finance & Accounting teams, Development Stewardship, Operations, Frontline Fundraisers, and members of the Development leadership team to ensure fund activity is transparent, auditable, and donor‑centered.
Essential Responsibilities & Duties Fund Management
Oversee the full lifecycle of philanthropic funds—creation, documentation, updates, transfers, and closure—ensuring alignment with donor agreements, organizational policy, and CASE/AHP standards.
Apply GAAP and IRS principles to ensure accurate classification of restricted vs. unrestricted gifts; evaluate when new funds are required versus when donor intent can be met within existing funds or departmental allocations.
Maintain standardized fund taxonomies and naming conventions in RENXT and Infor, ensuring consistency, transparency, and donor recognition accuracy.
Partner with Finance and SPA to manage reconciliation of donor‑supported funds: conduct quarterly reconciliations across all funds within RENXT (gift system) and Infor (Finance System), perform monthly reviews of high‑risk funds, and document/escalate discrepancies.
Serve as system and process owner for fund data in RENXT, ensuring data is accurate, auditable, and integrated into Development’s reporting environment.
Fund Reporting & Analysis
Develop and deliver accurate, timely reports that meet donor, Finance, and stewardship requirements; assist with annual endowment reporting; provide fund analysis in support of meeting materials.
Design standardized reporting templates and dashboards in collaboration with Stewardship, Accounting, and Data Governance colleagues, ensuring reports reinforce donor trust and support enterprise reporting.
Monitor fund usage proactively to identify underspent, overspent, or noncompliant funds, and provide guidance to Development and Finance colleagues to ensure corrective action.
Leadership, Education & Training
Educate and advise fund owners, providers, and Development colleagues on appropriate fund usage, GAAP principles, and donor compliance requirements.
Document and continuously improve fund management policies and procedures, ensuring practices are replicable and reduce institutional risk.
Lead training sessions and serve as subject‑matter expert on philanthropic fund management for Development, Finance, and cross‑campus partners.
Job Requirements Required Education and Experience
Bachelor’s degree and 5 years of experience in accounting, development operations, philanthropic fund management or related field; or equivalent combination of education and experience.
Experience developing and delivering financial reports that align with donor agreements and stewardship obligations.
Experience with budget management and financial reporting.
Preferred Education and Experience
Advanced degree in accounting, philanthropic management, or related field.
Experience in complex, matrixed organizations.
Experience in or understanding of fundraising and health care.
Knowledge, Skills & Abilities (KSAs)
Strong problem‑solving and decision‑making skills.
Ability to anticipate future trends, identify opportunities, and develop innovative solutions.
Meticulous attention to detail.
Excellent organizational skills with ability to manage multiple tasks and priorities simultaneously.
Effective communication skills; ability to explain complex financial concepts to non‑financial colleagues.
Strong analytical skills.
Proficiency in RENXT, Power BI, Microsoft Suite (Excel), Infor, and InfoEd.
Deep understanding of IRS rules and donor‑restricted fund requirements.
Expertise in distinguishing restricted vs. unrestricted gifts and applying appropriate fund management practices.
Ability to assess donor intent and determine correct fund structure in consultation with Finance, Stewardship, and Development leadership.
Ability to educate and train colleagues in fund management practices and compliance.
Ability to design and implement reconciliation schedules that balance risk, compliance, and efficiency.
Familiarity with CASE and AHP standards for gift acceptance, fund management, and reporting.
Knowledge of GAAP as applied to nonprofit gift revenue recognition and restricted fund management.
Compensation Range $72,500.00 – $105,000.00
This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market‑competitiveness. In addition, BMCHS offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), discretionary annual bonuses and merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family well‑being.
Equal Opportunity Employer / EEO Statement Equal Opportunity Employer/Disabled/Veterans. According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.
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The Fund Manager will develop and execute an aligned strategic plan for oversight of donor and restricted fund data, effectively managing more than 400 donor funds through establishing efficient operations and technology utilization for fund reconciliation, tracking, analysis, and documentation management. The Fund Manager will work closely with System Finance & Accounting teams, Development Stewardship, Operations, Frontline Fundraisers, and members of the Development leadership team to ensure fund activity is transparent, auditable, and donor‑centered.
Essential Responsibilities & Duties Fund Management
Oversee the full lifecycle of philanthropic funds—creation, documentation, updates, transfers, and closure—ensuring alignment with donor agreements, organizational policy, and CASE/AHP standards.
Apply GAAP and IRS principles to ensure accurate classification of restricted vs. unrestricted gifts; evaluate when new funds are required versus when donor intent can be met within existing funds or departmental allocations.
Maintain standardized fund taxonomies and naming conventions in RENXT and Infor, ensuring consistency, transparency, and donor recognition accuracy.
Partner with Finance and SPA to manage reconciliation of donor‑supported funds: conduct quarterly reconciliations across all funds within RENXT (gift system) and Infor (Finance System), perform monthly reviews of high‑risk funds, and document/escalate discrepancies.
Serve as system and process owner for fund data in RENXT, ensuring data is accurate, auditable, and integrated into Development’s reporting environment.
Fund Reporting & Analysis
Develop and deliver accurate, timely reports that meet donor, Finance, and stewardship requirements; assist with annual endowment reporting; provide fund analysis in support of meeting materials.
Design standardized reporting templates and dashboards in collaboration with Stewardship, Accounting, and Data Governance colleagues, ensuring reports reinforce donor trust and support enterprise reporting.
Monitor fund usage proactively to identify underspent, overspent, or noncompliant funds, and provide guidance to Development and Finance colleagues to ensure corrective action.
Leadership, Education & Training
Educate and advise fund owners, providers, and Development colleagues on appropriate fund usage, GAAP principles, and donor compliance requirements.
Document and continuously improve fund management policies and procedures, ensuring practices are replicable and reduce institutional risk.
Lead training sessions and serve as subject‑matter expert on philanthropic fund management for Development, Finance, and cross‑campus partners.
Job Requirements Required Education and Experience
Bachelor’s degree and 5 years of experience in accounting, development operations, philanthropic fund management or related field; or equivalent combination of education and experience.
Experience developing and delivering financial reports that align with donor agreements and stewardship obligations.
Experience with budget management and financial reporting.
Preferred Education and Experience
Advanced degree in accounting, philanthropic management, or related field.
Experience in complex, matrixed organizations.
Experience in or understanding of fundraising and health care.
Knowledge, Skills & Abilities (KSAs)
Strong problem‑solving and decision‑making skills.
Ability to anticipate future trends, identify opportunities, and develop innovative solutions.
Meticulous attention to detail.
Excellent organizational skills with ability to manage multiple tasks and priorities simultaneously.
Effective communication skills; ability to explain complex financial concepts to non‑financial colleagues.
Strong analytical skills.
Proficiency in RENXT, Power BI, Microsoft Suite (Excel), Infor, and InfoEd.
Deep understanding of IRS rules and donor‑restricted fund requirements.
Expertise in distinguishing restricted vs. unrestricted gifts and applying appropriate fund management practices.
Ability to assess donor intent and determine correct fund structure in consultation with Finance, Stewardship, and Development leadership.
Ability to educate and train colleagues in fund management practices and compliance.
Ability to design and implement reconciliation schedules that balance risk, compliance, and efficiency.
Familiarity with CASE and AHP standards for gift acceptance, fund management, and reporting.
Knowledge of GAAP as applied to nonprofit gift revenue recognition and restricted fund management.
Compensation Range $72,500.00 – $105,000.00
This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensure as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market‑competitiveness. In addition, BMCHS offers generous total compensation that includes, but is not limited to, benefits (medical, dental, vision, pharmacy), discretionary annual bonuses and merit increases, Flexible Spending Accounts, 403(b) savings matches, paid time off, career advancement opportunities, and resources to support employee and family well‑being.
Equal Opportunity Employer / EEO Statement Equal Opportunity Employer/Disabled/Veterans. According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.
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