Director, Specialized Accounting​ at Nonprofit Finance Fund | MA, United States | Rezi

Director, Specialized Accounting​ at Nonprofit Finance Fund

Director, Specialized Accounting​

Nonprofit Finance Fund · MA, United States

4 days ago

Director, Specialized Accounting​

Nonprofit Finance Fund · MA, United States

5 days ago
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About the Role

The Director, Specialized Accounting plays a critical role in supporting NFF’s financial integrity, compliance, and operational effectiveness. This role leads key accounting work streams with a primary focus on grant accounting and compliance, New Markets Tax Credit (NMTC) accounting support, and special projects. This Director role is well-suited for a detail-oriented, analytical professional who thrives in a collaborative, mission-driven environment.

Responsibilities

  • Manage financial review, accounting, and reporting for assigned grants, including federal grants subject to Single Audit requirements.
  • Ensure timely and accurate revenue recognition for grants and contributions in accordance with GAAP, FASB guidance, and OMB Uniform Guidance (2 CFR 200).
  • Prepare and post monthly journal entries related to grant revenue, expense allocations, and releases from restricted net assets.
  • Maintain grant revenue, grant receivable, and net asset release schedules; reconcile schedules to the general ledger and trial balance each month.
  • Partner with Program, Lending, and Finance teams to prepare grant financial reports and ensure alignment with funder agreements.
  • Support post-award compliance and monitoring processes and serve as a primary accounting contact for grant-related audits.
  • Prepare grant-related documentation and schedules for the annual financial audit and federal Single Audit.
  • Maintain NMTC fund-related accounting records in accordance with GAAP and fund accounting standards.
  • Reconcile NMTC fund bank accounts and related general ledger balances.
  • Record quarterly accruals of NMTC asset management fee revenue and maintain related schedules.
  • Track and reconcile expenses paid by NFF on behalf of NMTC funds; prepare and invoice receivables for reimbursement.
  • Review quarterly and annual NMTC fund financial statements and draft tax returns prepared by external auditors and advisors prior to investor distribution.
  • Support NMTC fund exits, including cash reconciliations, final financial statements, audits, and tax filings.
  • Maintain and improve accounting processes and internal controls related to NMTC activity, identifying opportunities for efficiency and consistency.
  • Contribute to monthly and quarterly close activities, including restricted fund reconciliations and reporting.
  • Partner with Finance leadership on financial systems modernization, process improvement, and automation efforts.
  • Support cross-functional projects related to financial technology implementation, workflow redesign, and continuous improvement.
  • Participate in internal and external meeting, department meetings, training sessions, and cross-functional collaboration as appropriate.
  • Assignments, projects, and job duties may evolve in support of organizational priorities.

Requirements

  • A bachelor’s degree from an accredited college or university in accounting, finance, business administration or a related field or equivalent combination of relevant education, training, and relevant experience
  • Seven (7) years of progressive professional experience in accounting or finance, preferably in a nonprofit or mission-driven organization
  • Demonstrated experience with nonprofit Generally Accepted Accounting Principles (GAAP), restricted fund accounting, cost allocation, and audit support
  • Working knowledge of federal grant compliance and reporting requirements
  • Strong proficiency with accounting systems, financial reporting tools, and Microsoft Excel
  • Be committed to NFF’s values, mission, and approach to community impact
  • Understand CDFIs and their role in nonprofit financing
  • Work independently and effectively in a remote environment and build strong, trust-based relationships with colleagues and partners across geographies and time zones in a highly matrixed organization
  • Have strong attention to detail and well-developed reconciliation and review skills
  • Communicate clearly and proactively and partner effectively across teams
  • Manage multiple priorities, meet deadlines, and exercise sound judgment in a fast-paced environment
  • Collaborate with a dynamic and mission-driven team
  • Demonstrate a learning orientation and commitment to continuous learning and improvement
  • Thrive in a fast-paced, changing, and at times ambiguous context
  • Leverage online collaboration tools, Salesforce, and Microsoft Office

Skills

  • Accounting systems
  • Financial reporting tools
  • Microsoft Excel
  • Online collaboration tools
  • Salesforce
  • Microsoft Office

Location

  • US-based remote

Work Type

  • Remote
  • Full-time

Experience Level

  • Seven (7) years of progressive professional experience in accounting or finance

Education Level

  • Bachelor’s degree in accounting, finance, business administration or a related field or equivalent combination of relevant education, training, and relevant experience

Salary/Compensations

  • $129,400 - $143,800

Benefits

  • Up to twenty (20) paid holidays/business closure days
  • Three (3) floating holidays
  • Flexible time off
  • Group medical insurance with a funded health reimbursement account
  • Dental and vision plans
  • Life insurance and disability plans
  • Retirement plan with both a non-elective employer contribution (4%) and additional match contribution (up to 2%)
  • Work from home fund
  • Flexible spending accounts to cover health, dependent care, and commuter costs

About the Company

  • Nonprofit Finance Fund® (NFF®) is a nonprofit lender, consultant, and advocate.
  • Since 1980, we’ve helped organizations access the money and resources they need to realize their communities’ aspirations.
  • Alongside others, we’re working to build community wealth and well-being and put affordable housing, essential services, quality jobs, and excellent education within reach of more people.
  • To learn more, visit nff.org.
  • Learn more about our work to achieve our vision through our Theory of Change and Values.