Endowment & Investments Accountant I

Job no:

R-0000002159

Position Title:

Endowment & Investments Accountant I

Faculty or Staff:

Staff

Full Time or Part Time:

Full time

In-Person, Hybrid, or Remote:

Hybrid

Minimum Starting Rate of Pay:

$59,765.00

Rate of pay commensurate with experience

Start Date:

06/09/2025

Job Description:

The Endowment & Investments Accountant I is a key member of the Financial Services Department at Mount Holyoke College with an interest in building a career in higher education. The Endowment & Investments Accountant I will serve as a liaison with the Office of the Chief Investment Officer and various departments across campus in investment and endowment accounting and related financial reporting to both internal and external users. In addition, the Endowment & Investments Accountant I will support the Financial Services Department in managing daily banking transactions, cash management, and cash flow projections related to investments and the endowment.

Key Responsibilities:

• Responsible for managing documents associated with investments including subscription documents, amendments and updates, capital call and distributions, manager terminations and ongoing regulatory matters. Coordinate signatures and ensure completion by the required deadline.

• Responsible for proper reporting and recording of all investment activity including endowment, unitrust, pooled income, and annuity account activity to ensure completeness and accuracy.

• Review and maintain electronic document filing system for investment record keeping. Obtain and process all investment statements, tax documents and capital call/distribution statements. Share information regarding investment managers to the Tax Accountant including K-1s for unrelated business income tax (UBIT) issues, state tax filings, and other issues relating to the endowment portfolio.

• Coordinate with other members of the Controllers' Office and other various departments to ensure month-end closing procedures are completed in a timely manner.

• Assist in the preparation for the annual external audit, including preparing schedules and providing support for audit selections. Completes periodic endowment surveys.

• Support the Financial Services Department and Office of the Chief Investment Officer on the College's Workday system and other investment related technology.

• Responsible for monitoring the College's investment cash position, ensuring adequate cash balances for capital calls and distributions and monitoring of daily investment cash position, reporting, reconciliation and problem resolution.

• Work closely with the Investment Office and Treasury Accountant on cash transactions and available balances related to wire transfers and ensure Investment Office/Investment Committee decisions on behalf of the College are executed appropriately including any necessary paperwork.

• Prepare monthly and quarterly analysis and reconciliation of investment balance sheet accounts.

• Special projects as needed.

Qualifications:

• Bachelor's degree in accounting or related field with a minimum of two years accounting experience.

• Intermediate to advanced skills utilizing Microsoft Office Suite, specifically Excel, to acquire, organize, and analyze data.

• Ability to analyze data to determine relevant conclusions and suggest appropriate actions to management.

• Excellent written and oral communication skills and effective interpersonal skills.

• Detail oriented, able to handle multiple projects, work accurately under time pressures and deadlines, work well independently and as part of a team.

• Self-motivated, proactive, and a willingness and ability to learn new technologies and skills.

Preferred Qualifications:

• Experience with Workday.

• Experience in non-profit industry or higher education.

Hiring Range $59,762 - $67,232

What We Offer:

Our comprehensive benefits program offers a range of options to you can make choices that work best for you and your family:

• 403(b) Retirement Plan (College contributes 10.5% of salary)

• Comprehensive medical, dental and vision insurance

• Flexible Spending Account (FSA)

• Disability and Leave Benefits

• Life Insurance (College paid coverage 1x salary)

• Employee Assistance Program

• Tuition Benefits (to Mount Holyoke College or others)

• Generous Paid Time Off

• Access to Kendall Sports & Dance Complex

Background Checks:

Mount Holyoke College is committed to providing a safe and secure environment, supported by qualified employees that will allow all of its students, faculty, staff and those associated with them to successfully carry out the mission of the college. As a condition of employment, the College will conduct appropriate background checks for all new hires. Mount Holyoke has designated the Office of Human Resources as the office responsible for ensuring that background checks (CORI, SORI, Credit History, & Driver Credential) are completed and utilized in the hiring process and Five College Office of Compliance and Risk Management as the office responsible for facilitating background checks as articulated in this policy.

Special Instructions for Applicants:

Apply online; application materials must include:

• A cover letter summarizing interests and qualifications

• A complete resume or curriculum vitae

• For faculty positions, statements on mentoring, teaching, and research will also be required.