1

Commonfund Jobs in Texas (NOW HIRING)

Commonfund information

What is Commonfund?

Commonfund is an asset management firm that specializes in providing investment solutions and advisory services to nonprofit organizations, including educational institutions, foundations, and healthcare organizations. Established in 1971, Commonfund helps nonprofits manage their endowments and long-term investment portfolios. The firm offers a range of investment strategies, including equities, fixed income, private capital, and alternative investments, tailored to the needs of nonprofit clients. Commonfund is known for its focus on long-term growth, risk management, and support for institutional investors.

What are some common challenges faced by professionals working at Commonfund, and how can they be addressed?

Professionals at Commonfund often navigate complex client portfolios and dynamic market conditions, which can present challenges in balancing risk management with strategic investment objectives. To address these challenges, team members regularly collaborate cross-functionally, utilizing robust analytics and staying current with market trends through ongoing professional development. The work environment emphasizes open communication and mentorship, helping employees continuously learn and adapt. New hires can benefit from leveraging the firm’s resources, seeking guidance from more experienced colleagues, and actively participating in training sessions to build confidence and expertise.

What are the key skills and qualifications needed to thrive as a Commonfund Investment Analyst, and why are they important?

To thrive as a Commonfund Investment Analyst, you need strong analytical skills, knowledge of financial markets, and a relevant degree such as finance, economics, or accounting. Familiarity with investment analysis tools, Bloomberg Terminal, Excel, and possibly CFA or CAIA certification is typically required. Excellent communication, teamwork, and attention to detail help you stand out in collaborating with colleagues and presenting recommendations. These skills are crucial for making informed investment decisions, supporting client portfolios, and contributing to organizational growth.

What is the difference between Commonfund vs Endowment Fund Manager?

AspectCommonfundEndowment Fund Manager
CredentialsTypically requires a finance or related degree; certifications like CFA are commonSimilar credentials; CFA often preferred
Work EnvironmentNon-profit, educational, or institutional settings managing endowmentsInstitutional investment firms or university endowments
Industry UsageUsed by non-profits, universities, and foundationsPrimarily in university endowments and institutional funds

Commonfund and Endowment Fund Managers both focus on managing investment portfolios for endowments and institutional clients. While Commonfund is a specific organization providing investment management services, Endowment Fund Managers are professionals working within various institutions or firms. The roles overlap in credentials and work environment, but their scope differs based on organizational structure.

Infographic showing various Commonfund job openings in Texas as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% Physical job distribution.

Director of Finance and Accounting

St. Stephen's Episcopal School

Austin, TX • On-site

Full-time

Re-posted 27 days ago


Job description

St. Stephen's Episcopal School invites nominations and applications for the position of Director of Finance and Accounting (DFA). This is an excellent opportunity for a CPA-level accounting leader to join a nationally recognized independent school as the senior accounting professional and a key partner in advancing disciplined financial stewardship.
Reporting to the Associate Head of School for Finance and Operations (AHOSF&O), the Director of Finance and Accounting will play a central role in the Business Office ensuring the accuracy, integrity, and transparency of the school's financial systems and reporting. This position provides day-to-day leadership of accounting operations, supervises the Senior Accountant, and serves as the primary liaison to external auditors and financial partners.
The role offers meaningful scope, responsibility, and professional growth within a collaborative, mission-driven organization known for academic excellence, strong governance, and financial stability.
Key Areas of Responsibility
Financial Accounting and Internal Controls
  • Hold primary responsibility for the accuracy, integrity, and timeliness of the school's financial accounting and reporting.
  • Oversee all core accounting functions, including the general ledger, accounts payable and receivable, cash management, purchasing, payroll coordination, taxes, and related systems.
  • Establish, document, and maintain accounting policies, procedures, and internal controls consistent with GAAP, FASB, and AICPA standards.
  • Review monthly reconciliations and ensure prompt resolution of discrepancies.
  • Prepare monthly, quarterly, and annual financial statements and management reports.

Budgeting, Analysis, and Decision Support
  • Partner with the AHOSF&O on the annual operating budget and multi-year financial projections.
  • Conduct variance analysis and provide clear, actionable insights into financial performance and trends.
  • Support internal stakeholders with accurate financial data and analysis related to strategic initiatives and operational decisions.

Audit, Compliance, and Risk Management
  • Serve as the primary liaison to external auditors and manage a well-organized, timely annual audit process.
  • Ensure compliance with financial policies, internal controls, and regulatory requirements; recommend and implement improvements as needed.
  • Coordinate risk management efforts, including insurance renewals and certificates of insurance.

Endowment, Investments, and External Reporting
  • Oversee endowment and investment accounting and reporting, including reconciliation of Fundriver.
  • Prepare and submit financial and operational surveys for organizations such as NAIS/DASL, NBOA/BIIS, SAES, ISAS, and Commonfund.
  • Develop financial benchmarks and comparative analyses in collaboration with the AHOSF&O.

Team Leadership and Collaboration
  • Lead, mentor, and develop the finance and accounting team, fostering a culture of accuracy, accountability, and continuous improvement.
  • Directly supervise the Senior Accountant, providing guidance, coaching, and performance feedback.
  • Serve as a collaborative and trusted financial partner to colleagues across the school.

Qualifications
  • Bachelor's degree in accounting, finance, or a related field; master's degree strongly preferred.
  • Certified Public Accountant (CPA) strongly preferred.
  • Minimum of five years of public accounting experience with nonprofit clients and/or five years of progressively responsible nonprofit or independent school accounting leadership experience.
  • Experience with budgeting, forecasting, and financial analysis; school-based accounting systems preferred.

Qualified candidates should submit their resume and a letter of interest addressing their qualifications for this role.
Equal Opportunity Statement
In accordance with our founding mission and as a diocesan school of the Episcopal Church, St. Stephen's Episcopal School believes in the inherent value and dignity of every human being. We seek qualified candidates who share this foundational belief and are ready to work in community to create a more just society. We celebrate every individual, recognizing that our unique stories, histories, and voices are essential to creating a vibrant living and learning space. As such, we strongly encourage people of all backgrounds, perspectives, and identities to apply to become members of our community.
Equal access to employment, programs, and services is available to all. With respect to its employment practices, St. Stephen's Episcopal School does not discriminate on the basis of race, religion, gender or gender identity, national origin, disability, age, or sexual orientation or identity.