Senior Manager, Charitable Accounting

Augusta National; Virginia; On-site; USD 120,000 - 180,000; Full time

Job summary

Augusta National seeks a Senior Manager, Charitable Accounting to serve as the primary technical accounting and compliance authority for its not-for-profit entities, including Masters Tournament Foundation and Masters Tournament Charities. The role oversees fund accounting, ASC 958 application, tax compliance, grant management, and entity-level reporting.

This full-time, on-site position in Augusta, GA offers leadership across complex matters, including audit liaison, Form 990 preparation,

Qualifications

• Deep GAAP knowledge with nonprofit expertise.
• Experience with ASC 958 and Form 990 preparation.

Responsibilities

• Serve as primary technical accounting authority for not-for-profit entities.
• Communicate results and regulatory status to executives; prepare board-level reports.
• Own the design and application of fund accounting structure; ensure ASC 958 compliance.
• Liaise with external auditors and tax preparers; manage the audit and Form 990-related filings.
• Lead regulatory and tax compliance including Form 990-T and related filings.
• Supervise and develop team; oversee month-end close and consolidations.
• Prepare financial statements for Augusta National and affiliates; ensure GAAP compliance.
• Oversee program-level reporting and budget-to-actual analyses.
• Maintain internal controls and SOPs; ensure audit readiness.
• Participate in cross-functional initiatives with Finance, Legal, and program teams.

Skills

Communication

Interpersonal

Collaboration

Analytical

Job description

The Senior Manager, Charitable Accounting, will report to the Director of Accounting and serve as the primary technical accounting and compliance authority for Augusta National's not-for-profit entities, including Masters Tournament Foundation (private foundation), Masters Tournament Charities (public charity), and all affiliated LLCs. This role holds primary ownership accountability across a broad portfolio of responsibilities spanning fund accounting, ASC 958 application, tax compliance, regulatory filings, grant management, and entity-level financial reporting. The position provides senior-level technical leadership on complex not-for-profit accounting matters and communicates conclusions and recommendations clearly to stakeholders. This role operates with significant autonomy and is accountable for the integrity and completeness of all charitable accounting and compliance functions. As a hands-on leader, the Senior Manager provides leadership and review, a meaningful portion of the most complex accounting and compliance work, including technical analyses, tax form preparation, and financial reporting for charitable entities, is prepared directly by this individual. The right candidate is equally comfortable setting strategy and sitting in the details.

This position is a full-time, on-site role in Augusta, GA.

Job Responsibilities

• Serve as primary technical accounting authority for not-for-profit entities; research, analyze, and document complex accounting issues including ASC 958 net asset classification, ASC 820 fair value measurement, and planned gift accounting.
• Communicate financial results, technical accounting positions, and regulatory compliance status clearly to executive level stakeholders; prepare board level financial reports and program-level financial narratives.
• Own the design, maintenance, and application of the fund accounting structure; ensure compliance with ASC 958 for net asset classification, restricted revenue recognition, contribution accounting, endowment spending policy monitoring, and fund balance reconciliations across all charitable entities.
• Serve as primary liaison to external auditors and tax preparers; manage the audit relationship, prepare and review PBC schedules, resolve audit findings, and own the preparation of financial inputs for Forms 990, 990-PF, 990-T, and all supporting schedules (D, I, J, R, F).
• Lead regulatory and tax compliance for all charitable entities, including IRC §4958 excess benefit transaction documentation, UBIT analysis and Form 990-T preparation, public support test calculations and donor concentration risk assessment, state charitable registration renewals, property tax exemption filings, and gift acknowledgment and Form 8283 compliance.
• Supervise, mentor, and develop team; review and approve work product, set performance expectations, and build team capacity to execute routine accounting and month-end close processes accurately and reliably.
• Prepare financial statements for MTC and affiliated entities in accordance with GAAP and ASC 958; oversee month-end close, investment and unrealized gain/loss accounting, and entity-level consolidation where applicable.
• Own program-level financial reporting and analysis across charitable programs; prepare and deliver budget-to-actual reports, variance analysis, and financial narratives for program directors, executive leadership, and external grantors and funding partners.
• Maintain and continuously strengthen internal controls, accounting policies, and SOPs across all charitable accounting functions; ensure documentation integrity and audit-readiness.
• Support entity-level transactions and strategic initiatives, including migration accounting, entity maintenance and dissolution filings, related-party transaction documentation, real property transaction analysis, tax credit evaluation, and other complex projects as directed by leadership.
• Participate in and help lead cross-functional initiatives requiring charitable accounting or tax expertise, including coordination with Finance, Legal, and program teams on entity governance, strategy, and compliance matters.
• Perform other duties which are deemed by management to be an important part of the job.

Physical Demands

• Acceptable level of hearing and vision to perform job duties.
• Occasionally required to walk and work with hands and arms, lift up to 25 pounds, and/or drive a golf cart.
• Constantly required to sit, sometimes for several hours at a time, and use their hands and fingers to operate a computer.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualifications

Skills/Knowledge/Attributes

• Excellent communication, interpersonal, and collaboration skills
• Ability to manage multiple priorities
• Strong analytical, problem-solving, and organizational skills with a high attention to detail
• Deep technical knowledge of GAAP with particular expertise