Description
ABOUT ICF
Since 1988, The Idaho Community Foundation has helped generous Idahoans strengthen the communities they call home—through philanthropy, by elevating nonprofit impact, and by connecting people and places across the state.
In 2024, we took a bold step forward by uniting with the Idaho Nonprofit Center—bringing together philanthropy and nonprofit excellence to better serve Idaho. Grounded in trust, collaboration, and a shared belief in what's possible, we're investing in solutions that help communities thrive. Our vision is simple: Idaho is a place of possibility where everyone contributes to thriving communities. Join us—and let’s make more good possible.
POSITION SUMMARY
The Director of Accounting is an experienced finance professional responsible for the day-to‑day leadership and oversight of the Foundation’s accounting operations. This role ensures the accuracy, integrity, and compliance of financial records while supporting the sound financial stewardship of charitable funds, endowments, and grants.
Reporting to the Vice President, Finance and Operations (VPFO), the Director of Accounting provides leadership to the accounting team, maintains strong internal controls, and ensures timely and accurate financial reporting. This position plays a key role in advancing the Foundation’s strategic and philanthropic objectives through collaboration across the organization and commitment to financial excellence.
ESSENTIAL FUNCTIONS
The essential functions include, but are not limited to the following:
Leadership and Collaboration
- Supervise, mentor and support the accounting team, providing hands on assistance and backup as needed.
- Participate with other departmental Team Leads to foster collaboration and support the successful achievement of organizational goals.
Accounting and Financial Reporting
- Ensure compliance with applicable accounting standards regulatory requirements, and the organizational policies through documentation, training, and cross functional collaboration.
- Prepare and review financial reports and statements in conjunction with VPFO.
- Develop, maintain, and update accounting policies, procedures, internal controls, and financial and accounting best practices.
- Identify and implement efficiencies and improvements utilizing software and best practices.
- Lead the annual external audit including preparation of schedules, documentation, and auditor communication.
- Lead the annual completion of Forms 990 and other required regulatory reports and filings.
- Provide specialized financial reporting, training and support to staff across the organization.
- Stay current on nonprofit accounting standards, regulatory requirements, and best practices.
Fund, Cash, and Investment Management
- Monitor daily cash balances and liquidity needs and oversee related reconciliations.
- Reconcile investment accounts and allocate investment returns to funds.Establish and maintain funds and related fund structures within the Foundation’s financial system.
- Assess management and investment fees to funds according to organizational policies and timelines.
- Determine and monitor endowed fund spendable amounts.
- Support staff in responding to donor, fundholder, and nonprofit partner inquiries.
Gifts, Program Services and Other Accounts Receivable
- Oversee accurate and timely accounting for all revenue streams including gifts, grants, program services, and special events.
- Ensure donor intent and gift restrictions are accurately recorded, tracked and monitored.
- Direct the reconciliation and monitoring of all accounts' receivable balances.
- Ensure all fund financial activity is accurately recorded and reconciled within the financial and Customer Relationship Management (CRM) systems.
Grants, Scholarships and Other Accounts Payable
- Oversee accurate and timely accounting for all expenses including operating expenses, grants, scholarships, program services, and special events.
- Ensure restricted grant and program activity is properly recorded and reported appropriately.
- Direct the reconciliation and monitoring of all payable balances.
- Oversee the administration and accounting of the corporate credit card program.
- Ensure vendor documentation, including W-9s is properly maintained and all required annual filings are completed.
Payroll
- Process payroll and ensure timely completion of quarterly and annual payroll tax filings, wage reporting, and Form W-2 preparation.
- Coordinate with Human Resources regarding compensation changes, benefits, leave administration and other payroll-related matters.
- Ensure payroll process complies with applicable federal and state regulations and organizational policies.
Requirements
MINIMUM QUALIFICATIONS (KNOWLEDGE, SKILLS, and ABILITIES)
- Bachelor’s degree in accounting, or an equivalent combination of education and experience.
- Five or more years of progressively responsible accounting or finance experience, with at least 2 years of supervisory experience.
- Strong knowledge of accounting, budgeting, GAAP, and internal controls.
- Demonstrated experience with a modern, integrated ERP system.
- Advanced proficiency in Microsoft Excel and Microsoft Office.
- Excellent attention to detail and accuracy.
- Strong analytical, problem solving, and critical thinking skills.
- Ability to work independently and collaboratively.
- Excellent written, verbal, and interpersonal communication skills.
- Ability to maintain a high level of confidentiality.
- Strong organizational and project management skills.
- Nonprofit or foundation experience, including fund accounting, is preferred.
PHYSICAL DEMANDS and WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the functions.
- Working conditions are generally in an office environment where the noise level is usually quiet. Occasional physical exertion such as lifting, standing, bending, stooping, kneeling, or reaching; sitting, walking, standing, talking, hearing, use of hands/fingers, and performing repetitive movements with hands or wrists is required.
- A hybrid work environment exists, allowing for two days per week of remote work in coordination of specific days that are required to work in the office.
- May occasionally travel throughout Idaho and outside the state, which requires a valid Idaho driver license and reliable transportation.
Note: This position description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. The organization is an equal opportunity employer, drug‑free workplace, and complies with ADA regulations as applicable.