Finance Operations Manager-Endowments

Position Summary:

We are seeking an experienced Finance Operations Manager-Endowments to join our finance team and play a critical role in managing the day-to-day operations of our endowment and foundation activities. In this role, you will manage a small team. This mid-level position offers the opportunity to lead a dedicated team while ensuring the accurate and efficient movement of funds that support our mission. We're looking for someone who brings both technical expertise and innovative thinking to help modernize our operations.

This is a full-time, hybrid position that requires a minimum of three days per week in the office.

Key Responsibilities

The Finance Operations Manager-Endowments will oversee the operational aspects of our endowment and foundation activities, including:

• Manage and mentor a small finance operations team, providing guidance, professional development, and performance management
• Oversee all cashflow movements related to our endowment, including grant distributions to and from donor advised funds and supporting foundations
• Monitor and process cash receipts, ensuring accurate recording and timely deposit of funds
• Coordinate new account openings with internal partners, ensuring proper documentation and internal controls
• Lead banking reconciliation processes, ensuring accuracy and timeliness of all reconciliations
• Maintain integrity between sub-accounting ledgers and actual banking transactions, investigating and resolving discrepancies
• Identify opportunities for automation and process improvement, proposing and implementing innovative solutions
• Challenge existing processes and think creatively about how technology can enhance efficiency and accuracy
• Collaborate with program staff to ensure smooth grant processing and distribution
• Support month-end and year-end close processes as they relate to cash and investment activities

Required Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field
• 1-3 years of management or supervisory experience
• Minimum 3-5 years of experience in banking operations or investment operations, preferably more
• Demonstrated experience with reconciliation of sub-accounting ledgers against banking transactions
• Strong understanding of cash management principles and banking operations
• Proficiency in accounting software and Microsoft Excel
• Comfort with emerging technologies, including AI tools and automation solutions
• Creative, out-of-the-box thinker with a track record of challenging the status quo and driving innovation
• Excellent attention to detail and analytical skills
• Strong communication and interpersonal skills

Preferred Qualifications

• Familiarity with foundation grant operations or endowment management
• Experience with fund accounting systems
• Experience implementing process automation or technology solutions in a finance environment

What Makes You Stand Out

You're excited about the intersection of finance operations and technology. While you won't be building systems yourself, you're comfortable exploring new tools and technologies, can envision how automation might solve manual processes, and aren't afraid to suggest new approaches. You see inefficiencies as opportunities and bring ideas for how things could work better.

Compensation

Starting salary: $90,000; salary commensurate with experience.

Benefit & Perks: The Associated offers a hybrid work environment that supports professional development and collaboration. We offer a comprehensive benefits package, including health insurance (Health Savings Account), 4% 401(k) employer match, life insurance, Long Term Disability (LTD), Flexible Spending Plan, paid parental leave, tuition reimbursement, holiday pay, wellbeing programming and a complimentary membership to the Jewish Community Center. We also make work/life balance a priority by offering generous vacation and sick time. To learn more about what it’s like to work at The Associated, check out our brochure here.

Application Process

Electronic submissions are preferred.

This job ad is not intended to be all-inclusive, but to describe the general nature and level of work to be performed.

The Associated is proud to be an equal opportunity employer. In keeping with our Jewish values, The Associated supports a thriving Baltimore that celebrates diversity and appreciates the unique combination of gender, race, age, religion and ethnicity, sexual orientation, intellectual and physical disabilities, and special qualities that each resident adds to the fabric of life in Baltimore. We welcome everyone interested in our mission to join us. If you require accommodations, please contact us, and we will make every effort to meet your needs.