Senior Finance Associate

THE ASSOCIATED: Jewish Community Federation of Baltimore; Baltimore (MD); Hybrid; USD 63,000 - 77,000; Full time

Benefits offered by this job

Hybrid work environment

Health insurance

401(k) employer match

Life insurance

Long Term Disability

Tuition reimbursement

Parental leave

Vacation & sick time

Job summary

The Associated: Jewish Community Federation of Baltimore is seeking a Senior Finance Associate to support its community fund, coordinating investment materials and donor-related activities. This full-time hybrid role collaborates with investment managers, sub-accountants, and vendors to ensure accurate, timely reporting and efficient operations.

Applicants should be detail-oriented finance professionals with nonprofit experience and strong Excel skills.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• 3+ years nonprofit finance, foundation services, or investment operations experience.
• Advanced proficiency in Microsoft Excel and detail-oriented work.
• Experience in donor relations or client services.
• Familiarity with investment reporting and fund valuations.

Responsibilities

• Serve as staff liaison to Investment Committee leadership and prepare materials.
• Consolidate and distribute committee materials including investment summaries and fund activity.
• Oversee investment administration for accuracy, compliance, and donor intent.
• Monitor grant expenditures and deposits, ensuring proper coding and documentation.
• Build relationships with donors and institutional partners to maintain satisfaction.

Skills

Excel proficiency

Attention to detail

Communication skills

Process improvement

Client relations

Education

Bachelor’s degree in Finance/Accounting/Business Admin

Tools

Microsoft Excel

Job description

Senior Finance Associate

Position Summary

The Associated is seeking a Senior Finance Associate to play a key role in supporting its community fund by ensuring the effective execution of operational and administrative processes. Serving as a trusted resource for stakeholders, this position collaborates with investment managers, sub-accountants, and external vendors while preparing timely, accurate materials for investment committee meetings. The ideal candidate is a detail-oriented, analytical finance professional who thrives in a collaborative environment, demonstrates exceptional organizational skills, and is committed to continuous process improvement, adaptability, and operational excellence.

This is a full-time, hybrid position that requires a minimum of three days per week in the office.

Key Responsibilities

Governance and Committee Leadership

• Serve as staff liaison to Investment Committee leadership.
• Prepare, consolidate and distribute committee meeting materials, including investment summaries, fund performance and activity reports.
• Track action items and follow-up items from committee meetings and coordinate timely resolution.
• Generate quarterly and annual reports detailing fund activity, grant volumes, and key financial metrics for leadership and committee review

Relationship Management

• Serve as the primary relationship manager for major fundholders, supporting foundations, professional advisors, and key stakeholders.
• Support cultivation and retention efforts for high-capacity donors and institutional partners.

Oversight, Accountability & Innovation

• Oversee all investment administration activities to ensure accuracy, compliance, and adherence to donor intent.
• Continuously evaluate existing workflows and identify opportunities to streamline processes, reduce manual effort, and improve accuracy.
• Champion the adoption of technology tools and system enhancements that improve efficiency and data integrity.

Grant Review &Deposit Management

• Review and authorize outgoing grant disbursements to ensure accuracy, proper documentation, and alignment with foundation and fund guidelines.
• Monitor grant expenditures for compliance with restriction requirements and donor intent
• Collaborate with program staff to resolve discrepancies and ensure proper coding of all grant activity.
• Review and approve incoming deposits, including contributions, investment transfers, and other revenue, ensuringaccurateaccount coding and documentation.
• Build relationships withdonorandinvestor basetoassistwiththeirinquiries, transaction questions, andensuringa high levelof customer satisfaction.

Qualifications

Required

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 3 years of experience in nonprofit finance, community foundation services, or investment operations.
• Advanced proficiency in Microsoft Excel,
• Exceptional attention to detail with demonstrated proofreading and quality-control skills.
• Experience in donor relations, client services, or a customer-facing financial role.
• Familiarity with investment reporting, fund valuations, or working with external investment managers.
• Proven track record of identifying and implementing process improvements.
• Strong written and verbal communication skills with the ability to present complex information clearly.

Compensation

Starting salary: $65,000; salary commensurate with experience.

Benefit & Perks:

• The Associated offers a hybrid work environment that supports professional development and collaboration.
• We offer a comprehensive benefits package, including health insurance (Health Savings Account), 4% 401(k) employer match, life insurance, Long Term Disability (LTD),Flexible Spending Plan, paid parental leave, tuition reimbursement, holiday pay, wellbeing programming and a complimentary membership to the Jewish Community Center.
• We also make work/life balance a priority by offering generous vacation and sick time.

To learn more about what it’s like to work at The Associated, check out our brochure here.