Senior Endowment & Fund Accounting Lead

Morgan State University; Tacoma (WA); On-site; USD 86,000 - 105,000; Full time

Job summary

Morgan State University is seeking a Senior Endowment & Fund Accountant to lead accounting for the Foundation's endowment and restricted funds. The role covers unitization, investment allocation, spending/payout, donor-restriction tracking, and reporting, with oversight of staff accountant entries.

The position requires a Bachelor's in Accounting, at least five years of progressive accounting experience, and nonprofit/higher-education foundation exposure to endowments.

Qualifications

• Strong reconciliation and analytical skills with restricted-fund detail.
• Understanding of restricted (donor) fund accounting and UPMIFA concepts.

Responsibilities

• Set up endowment and restricted funds per donor agreements and define terms.
• Maintain unitized/pooled-fund accounting and allocate investment income and fees.
• Calculate and post annual endowment payout under the spending policy; monitor UPMIFA compliance.
• Track restricted-fund balances, releases from restriction, and donor-level reporting.
• Maintain fund data for endowed scholarships and provide balances to related offices.
• Reconcile investment and endowment activity; prepare investment schedules and footnotes for audits.
• Operate endowment management software and integration with the general ledger.
• Review endowed-gift setup and related entries with Staff Accountant and AR/Advancement teams.
• Serve as technical resource on fund accounting and restrictions; review complex transactions.

Skills

Fund/endowment accounting

Reconciliation

Nonprofit accounting

UPMIFA knowledge

Education

Bachelor's Degree in Accounting

Tools

Fundriver

Adavico

NPact FIT

Job description

Morgan State University is seeking a Senior Endowment & Fund Accountant to lead accounting for the Foundation's endowment and restricted funds. The role covers unitization, investment allocation, spending/payout, donor-restriction tracking, and reporting, with oversight of staff accountant entries.

The position requires a Bachelor's in Accounting, at least five years of progressive accounting experience, and nonprofit/higher-education foundation exposure to endowments.