Foundation Accounting Director: GAAP, Close & Controls

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 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.