Endowment Manager Jobs (NOW HIRING)

Make an impact beyond the numbers. At The Salvation Army, every dollar tells a story-and as our Trust Accounting Manager, you'll help ensure those resources are managed with integrity, purpose, and care. In this role, you'll lead the oversight of trust and endowment funds, guide a dedicated accounting team, and play a critical part in supporting programs that change lives every day. If you're a detail-driven leader who values both financial excellence and meaningful work, this is an opportunity to bring both together.

Compensation Range: $97,705 to $122,131/annually, based on experience.

Central Territory Headquarters LI

The Salvation Army Mission:

The Salvation Army, an international movement, is an evangelical part of the universal Christian church. It's message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.

Job Objective:

Ensure the accurate accounting of the Property, Board Designated, Donor Restricted and Donor Endowment Funds in accordance with GAAP and TSA policies and procedures. Supervise the day to day activities of the trust section.

Essential Functions:

This job description should not be interpreted as all inclusive. It is intended to identify the essential functions and requirements of the position. Other job related responsibilities and tasks may be assigned. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential job functions.

Position works closely with/cross-train Assistant Controller and is responsible for the direct supervision of two Trust Accountants and 50% of one AR Specialist/Trust Accounting Assistant as it relates to Trust responsibilities.

• Managerial processing functions include but not limited to mentoring and training accounting staff to ensure their performance aligns with Trust processing goals; oversight of all General Ledger activity and reconciliations related to divisional Trust accounts (unrestricted, temporarily restricted and permanently restricted Trust funds) housed at THQ; coordinate system and processing changes related to Trust matters and analyzing significant impact; assign/reassign job duties as needed to meet monthly goals; continuous review of Trust ledgers including working closely with divisional professional staff regarding variances; primary liaison with Property department regarding property project funding tracking of specific project pertaining to complex funding resources and budgets; liaison with Planned Giving regarding split-interest agreements including the preparation of accounting entries for split-interest agreements in Legal files; liaison with Student Services department regarding new student loans setup, payment and reconciliation matters; set up new trust accounts in accordance with TSA policies and requested by the Legal Department and USC Finance as deemed necessary

• Monthly reporting functions include generating monthly Trust Territorial Finance Council (TFC) management reports; review monthly Trust reports produced by the Accountants; coordinate the review and release of Trust Ledgers and Multi-Dimensional Analysis financial information to the divisions and ARCC; resolve reporting issues with divisions and departments related to Trust accounts; and various other ad hoc reports using current financial system; oversee the internal mortgage billings and reconciliation process; oversee the student loan monthly reconciliation process for approximately 300 accounts; update and prepare check requests pertaining to KROC endowment accounts; prepare high-level journal entries as needed; review monthly divisional interest payment check requests prepared by Accountants

• Quarterly reporting functions include but are not limited to oversight of endowment roll-forward calculations for 600+ accounts; preparation of endowment withdrawal availability report for said endowment accounts to divisions; review of Trust TFC quarterly report; oversight of the Non-Trust Transfer reports to divisions and ARCC

• Annual international and audit functions include but not limited to the preparation of the Self-Denial report to IHQ; Yearbook Missionary Projects report; preparation of financial reporting to the Clara H Miller Endowment account donor; maintaining GAAP compliance through timely preparation and review of year end audit schedules for all Trust account categories (unrestricted, temporarily restricted and permanently restricted), vehicle and equipment depreciation schedules, Property related schedules such as sales/capitalized projects and other fixed asset divisional reporting; preparation of the Abbott Endowment Financial Statements and related footnotes; preparation of assigned consolidated audit footnotes and supporting workpapers; uploading reports/schedules; aide Assistant Controller with miscellaneous audit questions and resolutions as pertaining to the Trust section

Ongoing functions

• Continue to oversee that the financial software conversion is working properly as it pertains to trust
• Manage/maintain Velixo reporting and ensure reports are working properly with new accounts and activity monthly - continual manual maintenance needed
• Automate and maintain ongoing reports for audit and internal reporting with new software implementation
• Maintain quarterly endowment summaries for divisions' withdrawals expect to be fully automated by year 5 of software conversion

Minimum Qualifications:

The requirements listed below are representative of the minimal knowledge, skills, and/or abilities required for this position.

Education & Certification:

Four-year degree in accounting or related field or higher

CPA preferred but not required

Experience:

Ten years general accounting experience which includes managerial responsibility

OR: Any equivalent combination of training and experience which provides the required knowledge, skills, and abilities

Skills:

• Must have a thorough understanding of GAAP (Generally Accepted Accounting Principles)
• Must be computer literate and proficient in Microsoft Excel
• Knowledge of Acumatica is preferred, but not required.
• Must be trustworthy, organized and have the ability to prioritize and complete responsibilities within prescribed deadlines
• Ability to speak, read, and write English in a manner that is sufficient for effective communication with supervisors, employees, beneficiaries and customers; and to perform the requirements of this job.

Supervisory Responsibility:

Yes

Physical Requirements:

The physical requirements described here are representative of those that must be met by an employee to successfully perform the duties of this job. Reasonable accommodation may be made to enable individuals to perform the duties of this job.

Physical requirements include good speaking, hearing and vision ability, and excellent manual dexterity.

Travel:

None

Working Conditions:

Work is performed in a typical office environment. Full-time position may require some weekend and evening work and travel