08/27/24

Since 1987, Berkshire Taconic Community Foundation (BTCF) has strengthened our region through philanthropy and leadership. We channel generosity where it is needed, bringing together resources and passion to tackle pressing issues and create lasting change. BTCF is located in Sheffield, MA and serves over 60 communities in MA, CT, and NY. The foundation awards over $15 million dollars annually in grants and scholarships each year

Senior Accountant (Investment Accounting)

BTCF seeks a senior-level accountant possessing experience in investment accounting, to augment our finance and accounting operations by maintaining accurate financial records and reporting. This role reports to the Controller, and is intended to be a full-time, hybrid role. 

The Sr. Accountant ensures accurate accounting entries in the GL, and is responsible for the Foundation’s investment accounting, including transactions, investment earnings and reconciliations.  This position leads the process of maintaining and improving the investment reconciliation process and maintains accurate reporting of investments and other financial information for foundation stakeholders and the auditors. The Sr. Accountant supports the Controller with general accounting and financial functions for BTCF and the Foundation for Community Health (FCH) and contributes to a collaborative and positive work environment in the Finance Department. 

ESSENTIAL FUNCTIONS INCLUDE:

Investment Accounting

  • Coordinate and record investment transactions and maintain investment records in a spreadsheet and our CommunitySuite database.
  • Reconcile investment statements for 50+ marketable and alternatives accounts on a monthly and quarterly basis, meeting department timelines and collaborating with department staff to resolve questions or discrepancies.
  • Maintain a monthly spreadsheet of investment earnings by manager and compare manager earnings records with consultant and custodian information to ensure accuracy.
  • Complete year-end reconciliation of investments, and collect other information needed by the auditors. 
  • Prepare investment footnote schedules for the audit and provide K-1 and other tax information for the 990 and 990-T filings. 
  • Develop and improve investment account reconciliation procedure and cross-train department staff in the process.

Fund Accounting

  • Ensure accurate investment of each fund by monitoring for the correct investment pools and account balances in each fund.
  • Review each fund’s balance sheet and income statements quarterly to ensure the accuracy of quarterly fund statements.
  • Make or approve pool and GL transactions to maintain accurate fund records.
  • Prepare quarterly fund administrative fees for approval by Controller.
  • Enter and/or approve new fund coding or fund changes. 
  • Audit fund records to ensure consistency and accuracy of information.

General Ledger Accounting

  • Make GL entries and approve journal entries made by other staff.
  • Approve complex journal entries. Approve routine accounting entries and weekly cash swap bank and investment transactions. 
  • Approve gift, grant transactions for FCH and approve transfers between cash and investment accounts.
  • Review and approve monthly, quarterly and year-end journal entries as requested.

The Sr. Accountant will also be responsible for duties related to the following: Reconciliations, Financial Reporting, Gifts/Grants/Pledge Funds Recording, general Finance Department support, and

may undertake additional responsibilities as time permits and business needs evolve. Moreover, this role will provide courteous and responsive communication to our staff and constituents, and support the Foundation’s commitment to equity, inclusion, and respect.  

QUALIFICATIONS: 

A qualified applicant for this role will demonstrate a compelling combination of the following attributes and skills:

  • Bachelor’s degree in accounting or related field preferred; Associate’s degree and equivalent experience acceptable
  • 3+ years accounting experience required. 
  • Investment reconciliation experience highly desired.
  • Nonprofit accounting experience desired.
  • Requires computer literacy and familiarity with Microsoft Office Suite and accounting software packages
  • Able to work independently and maintain a high level of discretion and confidentiality

Compensation and Benefits:  

Starting salary range is $75,000-$80,000 commensurate with experience.  

We offer competitive benefits, including:  

  • 403(b) retirement plan with employer contribution  
  • Generous paid vacation and sick time  
  • Health, dental, and life insurance 

How to Apply: 

Help us get to know you by providing a cover letter that shares why you want to work at BTCF and how your experience has prepared you for the role of Sr. Accountant. Your resume should include the highlights of your experience, education, and skills relevant to this role. 

Apply Now

Berkshire Taconic Community Foundation is an Equal Employment Opportunity Employer. We encourage applications from people with diverse backgrounds and experiences.