Hybrid Endowment & Investments Accounting Leader

Williams College; Williamstown (MA); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Health insurance

Retirement plan contributions

Tuition reimbursement

Professional development opportunities

Paid leave

Gym facilities access

Vendor discounts

Job summary

Williams College is seeking a Senior Accountant - Endowment & Investments to steward the College’s $4+ billion long-term investment pool with monthly, quarterly, and annual accounting duties. The role includes modeling endowment distributions, forecasting scenarios, and supporting financial statements and audits.

The position requires 5+ years of investment accounting experience, advanced knowledge of not-for-profit/endowment accounting, and strong technical skills with Workday and Fundriver.

Qualifications

• Bachelor's degree and a minimum of 5 years professional experience in investment accounting for a large complex balanced portfolio with many illiquid holdings.

Responsibilities

• Perform monthly, quarterly, and annual reconciliation processes for investment valuation and activity between the investment office, Workday, and Fundriver.
• Coordinate with outside providers administering split interest agreements and outside trusts to ensure that all activity is properly recorded in Fundriver and Workday on a monthly, quarterly, and annual basis.
• Assist in the design of reports to support the annual audit and financial statement preparation.
• Separately handle exception payouts for funds that do not follow the normal spending policy.
• Assist the Controller and Assistant Controllers to prepare for and draft the annual financial statements, 990, and other required reports.
• Review new endowment gift agreements and planned giving instruments, recommend appropriate classification, establish new gift accounts in Workday and Fundriver.
• Review existing gift agreements to ensure use of expendable funds is in line with donor intent.
• Assist with urgent or deadline-driven special projects in response to compliance requirements or Senior Staff requests. Partners with the accounting & finance teams in their completion.
• Annual review of professorship releases.
• Quarterly reconciliation of class gift designations.
• Work with the Development Office to review undesignated and income to principal gifts.
• Review unspent or underspent gifts and recommend course of action.

Skills

Critical thinking

Analytical skills

Creative problem-solving

Attention to detail

Education

Bachelor's degree

Tools

Workday

Fundriver

Microsoft Office

Google Workspace

Relational databases

Job description

Williams College is seeking a Senior Accountant - Endowment & Investments to steward the College’s $4+ billion long-term investment pool with monthly, quarterly, and annual accounting duties. The role includes modeling endowment distributions, forecasting scenarios, and supporting financial statements and audits.

The position requires 5+ years of investment accounting experience, advanced knowledge of not-for-profit/endowment accounting, and strong technical skills with Workday and Fundriver.