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Endowment Manager Jobs in California (NOW HIRING)

Supervises the Finance Manager, Accounting Assistant, and Museum Store Manager. * Establishing and maintaining accounting control over the Museum's restricted, board-designated, endowment and quasi ...

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Endowment Manager information

What is an endowment manager?

Endowment Managers are professionals responsible for overseeing and managing the investment portfolios of endowments, which are funds donated to institutions such as universities, non-profits, or foundations. Their primary goal is to ensure the long-term growth and stability of these funds to support the institution’s mission and objectives. They develop investment strategies, monitor market trends, and make decisions about asset allocation to balance risk and return. Endowment Managers often work closely with investment committees and may also be involved in fundraising and donor relations.

What are the key skills and qualifications needed to thrive as an endowment manager?

To thrive as an Endowment Manager, you need expertise in investment management, financial analysis, and a background in finance or economics, often supported by a CFA or similar credential. Familiarity with portfolio management software, financial modeling tools, and risk assessment systems is essential. Strong communication, strategic thinking, and relationship-building skills help you work effectively with boards, donors, and investment committees. These skills ensure prudent stewardship of endowment funds, supporting long-term organizational stability and growth.

What are some common challenges faced by endowment managers when balancing investment growth with spending needs?

Endowment Managers often face the challenge of ensuring the endowment’s long-term growth while also supporting the institution’s current spending requirements. This balancing act involves careful asset allocation, risk management, and adhering to spending policies to maintain intergenerational equity. Market volatility, fluctuating returns, and changing institutional needs can make this process complex, requiring strong communication with stakeholders and regular portfolio reviews. Successful managers collaborate closely with investment committees and finance teams to align strategies with the organization’s mission and financial goals.

What is the difference between Endowment Manager vs Investment Analyst?

AspectEndowment ManagerInvestment Analyst
CredentialsTypically requires a CFA or similar certification, relevant finance degreesOften requires a finance, economics degree; CFA is a plus
Work EnvironmentManages endowment funds for institutions, working in a nonprofit or university settingWorks in financial firms, banks, or investment departments analyzing securities
Employer & IndustryEducational institutions, nonprofits, foundationsAsset management firms, banks, investment companies

Endowment Managers focus on managing large institutional funds, emphasizing long-term growth and donor restrictions. Investment Analysts analyze market data and securities to support investment decisions. While both roles require financial expertise and certifications like CFA, Endowment Managers oversee entire portfolios within specific institutions, whereas Investment Analysts focus on research and analysis to inform investment strategies.

What are the most commonly searched types of Endowment jobs in California?

The most popular types of Endowment jobs in California are:

What are popular job titles related to Endowment Manager jobs in California?

For Endowment Manager jobs in California, the most frequently searched job titles are:

What cities in California are hiring for Endowment Manager jobs?

Cities in California with the most Endowment Manager job openings:

Infographic showing various Endowment Manager job openings in California as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution.

Chief Financial Officer

Sbma

Santa Barbara, CA • On-site

$120 - $170/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

The Santa Barbara Museum of Art presents internationally recognized collections and exhibitions, and a broad array of cultural and educational activities. The Chief Financial Officer reports to the Director, is a member of the Museum’s Senior Staff, and an ex-officio member of the Finance, Investment and Executive Committees, with responsibility for providing staff support to the audit committee and attending meetings of the Board of Trustees. Contributes to policy making for and management of the Museum, and provides oversight for all financial aspects of the Museum, including:

  • Directing accounting and related financial activities of the Museum to ensure sound fiscal administration. Recommending policies and establishing internal control procedures to safeguard Museum assets. Managing the Finance Office to ensure that the Museum’s accounting, financial, and retail systems are performed effectively; directing cash activities to maintain appropriate cash levels.Supervises the Finance Manager, Accounting Assistant, and Museum Store Manager.
  • Establishing and maintaining accounting control over the Museum’s restricted, board-designated, endowment and quasi-endowment funds. Ensuring that restricted donations are properly accounted for and that proper records are maintained of all temporarily restricted, board-designated, endowment and quasi-endowment funds. Overseeing art purchase processing and art funds.
  • Preparing, with Senior Staff, the Museum’s annual operating, capital and exhibition budgets and mid-year reviews. Serving as a liaison to Senior Staff and project managers on accounting/financial matters; responsible for budget preparation, administration, review and approval of budgets for Museum programs. With Director of Human Resources, preparing and monitoring salary and benefit schedules and administering approved staff compensation.
  • Directing preparation, review and analysis of monthly financial reports to ensure Museum’s financial condition is in accordance with guidelines established by Director and Board. Providing regular reports of Museum’s financial status to the Finance Committee. Preparing/maintaining financial projections for long-range planning.
  • Monitoring the investment portfolio; implementing policies as approved by the Museum’s Investment Committee and working with the Museum’s investment consultants. Administering planned giving vehicles.
  • Directing preparation for annual audit and coordinating issuance of annual financial statements. Managing preparation of tax returns, information returns and related reports to ensure compliance with governmental reporting requirements. Preparing financial portion of grant reports/billings to ensure compliance with requirements and policies of funding sources.
  • Managing financial risk management program: working with insurance brokers to obtain adequate insurance and with Director of Human Resources on selection of appropriate health insurance and employee benefit plans; negotiating and/or approving contracts and ensuring certificates of insurance are obtained as needed.
Required:

A minimum of four years’ experience in nonprofit administration and two years’ fund accounting experience, a minimum of ten years of progressive experience and responsibility in field of accounting, five of which were holding a supervisory position, directing a multi-functional financial staff and Museum experience. A Master’s degree in business or public administration or closely related field, or CPA is desired. Superior problem analysis and resolution, communication and public relation skills, both oral and written, maintenance of confidentiality, convivial disposition and the ability to work collaboratively across departments and with the Board Members and Committees. Proficiency with Financial Edge NXT data management preferred.

  • The position reports to the Director and CEO.
  • Salary will be commensurate with experience $120,000 to $170,000
  • Full Time status provides competitive benefits including 3 weeks of vacation, 8 days of paid sick leave, 13 paid holidays, medical/dental/vision/life ins/pretax savings options and 403b eligibility with 100% matching of up to 5% of your earnings after a year’s service; all while working in beautiful downtown Santa Barbara.
  • Position is non-remote status.
  • Successful Background Check and proof of COVID-19 vaccination is required and a valid driver’s license and a clean driving record.

The Santa Barbara Museum of Art is an Equal Opportunity Employer and committed to diversity. The Santa Barbara Museum of Art is recognized for its comprehensive art collection, diverse exhibits, and a broad array of events and community activities.

Mail:

Human Resources Department
c/o Santa Barbara Museum of Art
1130 State Street
Santa Barbara, CA 93101

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