Senior Endowment & Funds Accounting Leader

Morgan State University

Baltimore (MD)

On-site

USD 86,000 - 105,000

Full time

2 days ago

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Job summary

Morgan State University is seeking a Senior Endowment & Fund Accountant to oversee accounting for the Foundation's endowment and restricted funds, totaling about $220M across ~500 funds. You will manage unitization, investment allocations, payouts, and donor reporting, serving as the technical lead for endowment-related entries.

You will ensure UPMIFA compliance, coordinate with teams on fund data, and supervise endowment software integration with the general ledger.

Qualifications

Bachelor's Degree in Accounting or a related field is required.
At least five years of progressive accounting experience is required.

Responsibilities

Set up endowment and restricted funds per donor agreements; define purpose codes and restriction terms.
Maintain unitized/pooled-fund accounting; allocate investment income, gains/losses, and fees to funds.
Calculate and post the annual endowment payout under the spending policy; monitor UPMIFA compliance.
Track restricted-fund balances, releases from restriction, and available balances; support fund-usage and donor-level reporting.
Maintain fund data for endowed scholarship funds and provide balances/criteria to Financial Aid/EMASS.
Reconcile investment and endowment activity to custodian statements; prepare investment schedules and footnotes for the audit.
Operate and maintain endowment management software and its GL integration.
Review endowed-gift setup and entries; collaborate with AR Manager and Advancement on setup.
Serve as go-to technical resource on fund accounting; review complex fund transactions before escalation.