Senior Accountant - Fund Administration and Complex Gifts

The Oregon Community Foundation; Portland (OR); On-site; USD 92,000 - 100,000; Full time

Benefits offered by this job

Paid time off

Medical insurance

Dental insurance

Vision insurance

401k

Disability insurance

Life insurance

Employee assistance plan

Volunteer leave

Professional development opportunities

Job summary

The Senior Accountant, Fund Administration & Complex Gifts at Oregon Community Foundation is responsible for preparing financial statements for 3800+ component funds and six supporting organizations. The role manages fund spending policies and administration fees, and accounts for non-cash gifts including real estate and business interests.

You will collaborate with other departments, support donor reporting, and contribute to process improvements while maintaining confidentiality and high

Qualifications

• Bachelor’s degree in accounting from an accredited 4-year institution.
• Seven or more years of progressively responsible accounting, finance, real estate, or related experience, preferably in a non-profit organization.
• Master’s degree in accounting, finance, business or another relevant field, or CPA, desirable but not required

Responsibilities

• Prepare fund financial statements in coordination with multiple internal parties (quarterly for supporting organizations and agency endowment funds, semi-annually for advised funds, annually for scholarships and designated funds).
• Calculate annual spending policies for all funds and modify as needed.
• Manage the assessment of administrative fees for all funds and supporting organizations.
• Respond to donor and staff requests related to contributions and funds and provide reports on fund data.
• Oversee complex gifts including real estate, business interests, CRTs, CGAs and related processes.

Skills

Seven or more years experience

Education

Bachelor’s degree in accounting

Master’s degree or CPA desirable

Tools

MS Windows

Excel

Outlook

Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Senior Accountant - Fund Administration and Complex Gifts

Full Time Portland, OR, US

22 days ago Requisition ID: 1290

Salary Range: $92,000.00 To $100,000.00 Annually

Oregon Community Foundation

Job Posting: Sr. Accountant, Fund Administration and Complex Gifts

Hiring Range: $92,000 - $100,000 annually

Position Type: Regular, Full-time, Exempt

About Us:

Oregon Community Foundation (OCF) was founded in 1973 with a big mission: to improve the lives of all Oregonians through the power of philanthropy. In partnership with donors and volunteers, OCF works to strengthen communities in every county in Oregon through research, grantmaking, and scholarships. OCF is one of the largest community foundations in the country with over $4 billion in assets under management.

OCF is an Equal Opportunity Employer with six offices throughout Oregon in Baker City, Bend, Eugene, Medford, Portland and Salem.

Come join our team. To learn more, please visit oregoncf.org.

Job Summary and Responsibilities:

The Senior Accountant, Fund Administration & Complex Gifts is responsible for the preparation of financial statements for OCF’s 3800+ component funds and six supporting organizations; management of fund spending policies; assessment of fund administration fees; and the management, liquidation and financial accounting of non-cash gifts received by OCF, including real estate, business interests, and other complex gifts. This position also supports other fund administration functions and provides financial information to OCF’s donors, staff, and other interested parties. This position works closely with other departments of the Foundation, particularly the Philanthropic Services Department.

Essential Duties and Responsibilities:

• Fund Financial Management Percentage of Time: 55%
• Prepare fund financial statements in coordination with multiple internal parties
  • Supporting Organizations and Agency Endowment Partner Funds (quarterly)
  • Advised Funds (semi-annually)
  • Scholarship and Designated Funds (annually)
  • Other funds as required
• Calculate annual spending policies for all funds, and modify as needed
• Manage the assessment of administrative fees for all funds (monthly) and supporting organizations (quarterly)
• Respond to requests from donors, staff, and other interested parties related to contributions and funds.
• Provide reports on contributions and fund data, in addition to participating in ad hoc business analysis and process improvement projects.
• Complex Gift Management & Administration Percentage of Time: 40%
• In coordination with the Associate Vice President of Finance and Fund Administration, manage the full cycle of property gifts received by OCF, from due diligence, acceptance and processing through property management, listing, and sale.
• Work closely with staff managing OCF’s Supporting Organizations to ensure smooth processing and management of annual real estate gifts.
• Assist with the intake and processing of charitable remainder trusts and charitable gift annuities.
• Serve as principal backup for the liquidation of donated securities. Coordinate with staff, donors, and brokers to provide exceptional donor service.
• Provide support for other complex gifts received by OCF, including business interests, closely held stock and promissory notes.
• Marginal or Non-Essential Job Duties: Percentage of Time: 5%
• Provide backup support for other Finance staff as requested.

Participate in inter-departmental teams regarding organizational policies, processes, and work

Supervisory Responsibilities Percentage of Time: 0%

• No supervisory responsibilities

Cultural Values: In addition to the specific job requirements for each position, staff are expected to embody cultural values to support OCF’s mission, Be People-centered and lead with trust, Pivot for Purposeand adapt quickly, and Dig into Hard Things to solve tough problems.

Qualifications:

Education and Experience:

• Bachelor’s degree in accounting from an accredited 4-year institution, or a related degree with significant accounting experience.
• Seven or more years of progressively responsible accounting, finance, real estate, or related experience, preferably in a non-profit organization.
• Master’s degree in accounting, finance, business or another relevant field, or CPA, desirable but not required

Required Professional Competencies:

• Strong oral and written communication skills: ability to convey information clearly and efficiently, especially to those without a financial background.
• Strong organizational skills: detail oriented, accurate, able to work independently or in a team setting, able to prioritize and manage several tasks concurrently and efficiently, able to meet multiple deadlines and adapt to change.
• Knowledge of accounting principles related to charitable gifts, an understanding of real estate transactions, split-interest gifts (CGAs, CRTs), and asset valuation and disposition preferred.
• Experience working with complex contracts.
• Excellent problem solving and analysis skills; ability to use appropriate level of judgment.
• Highly ethical; ability to manage sensitive and highly confidential information discreetly.
• Excellent customer service skills: provide service that is courteous and competent, promoting trust and confidence.
• Demonstrate experience in equity, bridging and belonging.
• Demonstrate highly proficient performance, has initiative and a willingness to improve or enhance responsibilities of the position.
• Ability to maintain strict confidentiality and exercises excellent judgement.
• Able to work extra hours as needed due to cyclical nature of work.
• Cultural agility skills necessary to collaborate effectively with diverse people, teams, and communities.
• Able to work independently as well as work effectively and cooperatively with other team members.
• Excellent working knowledge of MS Windows, Excel, Outlook, Word, internet, and experience working in a network environment with an integrated database.

Compensation and Benefits:

• Hiring Range: $92,000 - $100,000 annually depending on experience.
• Salary offers are determined in conjunction with an internal pay equity assessment. This initial hiring range reflects our starting offer based on your skills and experience. It’s important to note that this is just the beginning; our overall salary structure offers additional opportunities for growth and advancement based on performance and development within the role, as well as resources available.
• This is a full-time, exempt position.
• Benefits include paid time off, medical, dental, vision, 401k, disability and life insurance, employee assistance plan, volunteer leave, and professional development opportunities.