Director of Fiscal Operations & Foundation Accounting

Morgan State University; Washington (District of Columbia); On-site; USD 117,000 - 143,000; Full time

Job summary

Morgan State University seeks a Director of Fiscal Operations & Foundation Accounting to act as the Foundation’s controller, ensuring the integrity of monthly and annual closes.

The role collaborates with the Associate Director and managers to deliver accurate, timely, and well-controlled close processes.

Qualifications

• Expert knowledge of GAAP for nonprofit/fund accounting (ASC 958).
• Ability to exercise independent judgment on technical accounting matters.
• Strong written communication for board- and audit-facing reporting.

Responsibilities

• Own the month-end and year-end close: consolidate entries, record accruals, review journal entries.
• 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 external audits by supplying schedules and reconciliations.

Skills

GAAP nonprofit ASC 958

Internal controls design

Technical accounting

Written communication

Education

Bachelor's Degree in Accounting

Tools

Blackbaud Financial Edge NXT

Endowment software

Job description

Posting Summary

Job Title Director of Fiscal Operations & Foundation Accounting Division Division of Institutional Advancement Department Fiscal Operations Office Work Status Full Time Position Category Staff FLSA Exempt Pay Range Exempt Salary Range 130,000 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).

Education

Requested Minimum Qualifications

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.