Director of Fiscal Operations & Foundation Accounting

Morgan State University Foundation, Inc; Baltimore (MD); On-site; USD 117,000 - 143,000; Full time

Job summary

Morgan State University Foundation, Inc is seeking a Director of Fiscal Operations & Foundation Accounting to serve as the technical accounting authority for monthly and annual closes. The role partners with the Associate Director, AR Manager, and Senior Endowment & Fund Accountant to ensure accuracy and timeliness of the close, controls, and reporting.

The position requires a CPA or active progression, extensive nonprofit accounting experience, and a deep knowledge of ASC 958.

Qualifications

• Expert knowledge of GAAP for nonprofit/fund accounting (ASC 958) and internal-control design.
• Ability to exercise independent judgment on technical accounting matters without supervisory authority.
• Strong written communication for board- and audit-facing reporting.

Responsibilities

• Own the month-end and year-end close: consolidate entries from all areas, record accruals/adjusting entries, and review journal entries for accuracy (preparer/reviewer).
• Maintain the general ledger and chart of accounts; ensure GAAP compliance across all fund types.
• Set technical accounting policy for contributions, pledges, investments, and net assets; resolve complex accounting questions.
• Establish and maintain internal controls and segregation of duties across the close cycle.
• Prepare the monthly financial reporting package for the AVP’s review and Board distribution.
• Partner with the AVP on regulatory reporting and the external audit by supplying schedules and reconciliations.

Skills

GAAP knowledge

Internal controls

Independent judgment

Board reporting

Technical accounting

Education

Bachelor's Degree in Accounting

Tools

Blackbaud Financial Edge NXT

Fundriver

Adavico

NPact FIT

Job description

Morgan State University is a public research university and historically black college (HBCU) in Baltimore, Maryland, United States. Morgan is Maryland's designated public urban university and the largest HBCU in Maryland.

Director of Fiscal Operations & Foundation Accounting

Posting Summary

Job Title

Job Title Director of Fiscal Operations & Foundation Accounting

Division

Division Division of Institutional Advancement

Department

Department Fiscal Operations Office

Work Status

Work Status Full Time

Position Category

Position Category Staff

FLSA

FLSA Exempt

Pay Range

Pay Range Exempt

Salary Range

Salary Range 130,000

Fund Source

Fund Source State Support

Job Summary

This position serves as the Foundation’s controller — the technical accounting authority responsible for the integrity of the monthly and annual close. The role does not supervise staff; instead, it partners with the Associate Director, AR Manager, and Senior Endowment & Fund Accountant — each of whom reviews transactional work within their own area — to ensure the close is accurate, timely, and well-controlled

Job Duties

• Own the month-end and year-end close: consolidate entries from all areas, record accruals/adjusting entries, and review journal entries for accuracy (preparer/reviewer).
• Maintain the general ledger and chart of accounts; ensure GAAP ( ASC 958) compliance across all fund types.
• Set technical accounting policy for contributions, pledges, investments, and net assets; resolve complex or judgment-based accounting questions raised by the team.
• Establish and maintain internal controls and segregation of duties across the close cycle.
• Prepare the monthly financial reporting package (statements, budget-to-actual, variance, KPIs) for the AVP’s review and Board distribution.
• Partner with the AVP on regulatory reporting and the external audit by supplying schedules, reconciliations, and technical support (the AVP holds primary ownership of both).

Requested Minimum Qualifications

Education: A Bachelor’s Degree in Accounting or a related field from an accredited college or university is required.

Experience: At least seven years of progressive nonprofit or fund accounting experience, including ownership of a full close cycle is also required.

Other Preferences for Consideration

• CPA or in active progress.
• Eight plus years of experience.

Knowledge, Skills & Abilities

• Expert knowledge of GAAP for nonprofit/fund accounting ( ASC 958) and internal-control design.
• Ability to exercise independent judgment on technical accounting matters without supervisory authority over other staff.
• Strong written communication for board- and audit-facing reporting.
• Experience with Blackbaud Financial Edge NXT and endowment software (Fundriver, Adavico, or NPact FIT ) preferred.

Posting Number

Posting Number ST01645

Number of Vacancies

Number of Vacancies 1

Job Open Date

Job Open Date 10/30/2026

Application Review Date

Job Close Date

Job Close Date 11/30/2026

Supplemental Questions

Required fields are indicated with an asterisk (*).

• * How did you hear about this employment Opportunity?
  • The Chronicle of Higher Education
  • EDULedger (formerly Diverse Issues in Higher Ed)
  • Higher Ed Jobs
  • Inside Higher Ed
  • Insight into Academia (formerly Insight into Diversity)
  • LinkedIn
  • Mid-Atlantic HERC (Higher Education Recruitment Consortium)
  • Other Online Advertising
  • Agency Referral
  • Website
  • MSU Careers Website
• * Do you have a bachelor's degree?
  • Yes
  • No
• * What is the highest level of education attained?
  • GED
  • High School Diploma
  • Associates Degree
  • Bachelors Degree
  • Masters Degree
  • PHD
• * Do you have at least seven years of progressive nonprofit or fund accounting experience, including ownership of a full close cycle?
  • Yes
  • No
• Yes
• No
• * Are you a current, past, or retired Morgan State University employee?Are you a current, past, or retired State employee?If YES to current, past, or retired STATE employee, please state the agency.If not applicable, put N/A.

  (Open Ended Question)