Senior Gift/Investment Accountant in Owings Mills, MD for McDonogh School

McDonogh’s Business Office seeks a knowledgeable and detail-oriented individual to serve as its Senior Gift/Investment Accountant. The ideal candidate would bring expertise in GAAP, nonprofit accounting, and investments/finance. This role offers the opportunity to collaborate with the Controller and other team members, streamline processes, and ensure accuracy of the School’s accounting records.

The Senior Gift/Investment Accountant oversees the accounting related to all gifts received by the School. This role also works closely with the school’s investment advisor and banking institutions in connection with accounting for the School’s endowment, short-term and long-term investments, and tax-exempt bond issuances.

Essential Functions

• Track, reconcile, and record all gifts, including Annual Giving, Special Gifts, Capital Gifts, and Endowment Gifts
• Collaborate with the Office of Philanthropy to record gifts in Raiser’s Edge; coordinate monthly meetings between the Business Office and Office of Philanthropy
• Track and monitor all pledges receivable; calculate the present value discount and reserve on a quarterly basis
• Record and reconcile all planned gifts, including charitable gift annuities, charitable remainder unitrusts, and life insurance policies; review applicable tax documents
• Record and reconcile the School’s short-term and long-term investments on a monthly basis
• Record and reconcile bonds payable on a monthly basis, including deferred financing costs and any premium/discount
• Track and record all Endowment activities in Fundriver; prepare quarterly reconciliations and reporting, including annual reports for donor stewardship
• Track the spending/release of special gifts and communicate the available funds with budget holders across the organization
• Oversight and management of temporary restricted net asset accounts
• Assist the Controller in annual audit and Form 990 preparation, including preparing the statement of net assets and related footnote disclosures
• Prepare schedules for the Finance Committee, relating to Bonds Payable, Investments, Cash, and Contributions
• Assist the Controller with compliance, process controls and requests from the CFO, Audit Committee, Finance Committee and Investment Sub-Committee
• Assist in preparing for the quarterly Board of Trustee Investment Sub- Committee meetings and take minutes

Bachelor’s degree from a 4 year college or university; or 5-7 years of experience relevant to the position; or equivalent combination of education, experience, and/or training. CPA required.

Additional Experience

• Accomplished with basic software (email, G Suite for Education, and Microsoft Suite- Word, Excel, Powerpoint, Publisher, etc.)
• Broad experience and skills in fiscal management, fundraising anaylsis, and planning
• Experience gathering, evaluating, presenting and reporting financial information to executive teams and external stakeholders.
• Experience using Raiser’s Edge software a plus
• Experience with financial software (Blackbaud- Financial Edge) is a plus
• Experience with Google Suite (Docs/Sheets/Apps/Email)
• General knowledge of planned giving
• Must be able to analyze, forecast, and manage budgets

Additional Requirements

• A positive and joyful disposition
• A strong work ethic, and the ability to maintain a high level of confidentiality and discretion at all times
• Ability to effectively collaborate with other constituents within the McDonogh community
• Ability to work in a diverse environment and inclusive culture that values and respects difference across race, ethnicity, religion, and orientation or identity
• Demonstrated attention to detail, accuracy, and deadlines
• Excellent multi-tasking ability; able to work with multiple and changing priorities
• Excellent written and verbal communication skills
• Exemplary customer service and interpersonal skills
• Must be able to comply with background checks, including fingerprints, as required by the agency and / or state regulations
• Must be willing to allow occasional credit check
• Must have proven problem solving skills, be self-motivated, and adaptable
• Must present with the highest level of professionalism, both in demeanor and in presentation (proper attire, cleanliness, etc…)
• Proven ability in effectively communicating key data, including presentations to senior management, board or other outside partners
• Strong analytical skills and interpretation skills required

Working Conditions

Lifting and carrying of equipment is not typical, but may be required on rare occasions. Lifting up to 25 pounds. Other working conditions include climbing stairs, walking around campus, sitting, standing, and significant computer use including extensive close use of a computer monitor.

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