Endowment Jobs (NOW HIRING)

Posting Details
Position Information
About MSM
Morehouse School of Medicine (MSM) is a place of distinction, serving as the nation's leading academic medical center for vulnerable populations. It's also a place for passionate individuals looking to join a dedicated community working today to help prepare tomorrow's leaders.
We exist to:
• Improve the health and well-being of individuals and communities;
• Increase the diversity of the health professional and scientific workforce;
• Address primary health care through programs in education, research and service;
With emphasis on people of color and the under-served urban and rural populations in Georgia, the nation and the world.
At Morehouse School of Medicine, we're leading the creation and advancement of health equity. You will find a fulfilling career at MSM!
Posting Number
NONAC3781
Job Title
Endowment Accountant
Position Title
Endowment Accountant
Position Type
Non-Faculty
Number of vacancies
1
Salary
Commensurate with experience
Department
Finance
Position Summary
This role supports budget and financial functions related to grants and contracts. Responsibilities include accounting, budgeting, reconciliation, compliance, and reporting for sponsored projects. The position ensures adherence to federal, state, and institutional regulations while providing financial expertise to internal stakeholders.
Minimum Qualifications
Education: Bachelor's degree in Accounting, Finance, Business Administration, or related field.
Experience: At least five (5) years of progressively responsible accounting experience. Three (3) years of relevant experience handling endowments and gifts.
• Experience preparing account reconciliations, journal entries, financial analyses, and month-end/year-end close activities.
• Working knowledge of Generally Accepted Accounting Principles (GAAP), internal controls, and financial compliance requirements.
• Experience with endowment/investment accounting, fund accounting, or donor-restricted funds preferred.
• Proficiency with ERP systems and advanced Microsoft Excel skills.
Strong analytical, organizational, communication, and problem-solving skills.
Preferred Qualifications
Education: Master's degree in Accounting, Finance, Business Administration, or related field.
• Experience in higher education, academic medicine, healthcare, foundation or nonprofit environments preferred but not required.
• Experience with endowment accounting, investment accounting, and donor-restricted funds.
• Experience preparing financial statement disclosures for investments and endowments.
• Experience with ERP systems such as Banner, Workday, or similar financial systems.
• Knowledge of FASB guidance related to investments, endowments, and net assets with donor restrictions.
• Experience supporting external audits and preparing audit schedules.
• Experience performing investment reconciliations and preparing investment roll forwards.
Experience with process improvement initiatives and strengthening internal controls.
Closing Date
Open Until Filled
Yes
Special Instructions to Applicants
Employment in this role may be contingent upon extramural funding and successful performance and may be terminated or reduced in percentage of appointment if such funding is not secured or ceases to be available.
Quick Link
https://careers.msm.edu/postings/24507
EEO Statement Summary
Morehouse School of Medicine is an equal opportunity/equal access/affirmative action employer fully committed to achieving a diverse workforce and complies with all Federal and Georgia State laws, regulations, and executive orders regarding non-discrimination and affirmative action. Morehouse School of Medicine does not discriminate on the basis of race, age, color, religion, national origin or ancestry, sex, gender, disability, veteran status, genetic information, sexual orientation, or gender identity or expression.
Job Duties
Description of Job Duty
Key Responsibilities
• Prepare and record journal entries related to investment activity, including dividends, interest income, realized gains and losses, unrealized gains and losses, investment fees, and endowment distributions.
• Perform monthly bank and other reconciliations of investment accounts, endowment funds, and related general ledger accounts.
• Prepare and maintain investment and endowment roll forwards.
• Monitor and account for donor-restricted, board-designated, and quasi-endowment funds.
• Prepare monthly, quarterly, and annual endowment and investment reports.
• Assist with calculating and recording endowment spending allocations in accordance with institutional spending policies and donor restrictions.
• Maintain supporting documentation for endowment agreements, investment statements, and donor-restricted fund activity.
• Prepare schedules and supporting analyses for financial statements and management reports.
• Assist in preparing investment, endowment, and fair value disclosures for the annual audited financial statements.
• Coordinate investment confirmations and provide audit support for external auditors.
• Research and resolve accounting and reconciliation discrepancies related to investments and endowment funds.
• Collaborate with Advancement, Treasury, and Finance personnel to ensure proper recording and reporting of gifts, endowment contributions, and investment activity.
• Assist with establishing and maintaining new endowment and donor-restricted funds.
• Ensure compliance with donor restrictions, institutional policies, and applicable accounting standards.
• Support ERP optimization efforts, financial system implementations, reporting enhancements, and process automation initiatives.
• Develop and maintain accounting procedures and internal controls related to endowment and investment accounting.
• Recommend process improvements to strengthen operational effectiveness and reporting accuracy.
• Assist with month-end and year-end close activities.
• Ensure compliance with institutional policies and applicable financial reporting requirements.
• Work with campus stakeholders.
• Prepare gift corrections and reconciliations.
• Reconcile the ERP system to the Advancement system.
• Ensure spending and distributions comply with donor agreements.
• Maintain documentation supporting donor intent and fund restrictions.
• Review gift agreements and supporting donor documentation.
• Other duties as assigned.
Knowledge, Skills, and Abilities
• Knowledge of GAAP and nonprofit accounting principles, including FASB guidance related to endowments and donor-restricted net assets.
• Knowledge of investment accounting, fair value measurements, and endowment reporting.
• Knowledge of financial reporting, account reconciliations, and audit support processes.
• Ability to analyze and interpret investment statements, custodial reports, and donor agreements.
• Familiarity with ERP systems, accounting software, and financial reporting tools.
• Advanced proficiency in Microsoft Excel and financial applications.
• Strong analytical and problem-solving skills
• Strong organizational and project management skills with the ability to manage multiple priorities and deadlines.
• Excellent written, verbal, interpersonal, and presentation communication skills.
• Ability to maintain accuracy and attention to detail in a complex financial environment.
• Ability to work collaboratively with internal departments, investment managers, and external auditors.
• Ability to interpret and apply accounting standards, policies, and regulatory requirements.
• Ability to recommend and implement process improvements and internal control enhancements.