Posting Details

Posting Summary

Job Title Senior Endowment & Fund Accountant
Division Division of Institutional Advancement
Department Fiscal Operations Office
Work Status Full Time
Position Category Staff
FLSA Exempt
Pay Range Exempt
Salary Range $95,000 / year
Fund Source State Support
Job Summary
The Senior Endowment ; Fund Accountant is the team's senior technical accountant, owning the accounting for the
Foundation's endowment and restricted funds - the ~$220M endowment across roughly 500 funds - including
unitization, investment allocation, spending/payout, donor-restriction tracking, and donor-level reporting, and
providing technical oversight and review of endowment-related entries touched by the Staff Accountant (the
Foundation's first point of contact for transactional AP/AR).

Job Duties

• Set up endowment and restricted funds per executed donor agreements; define purpose codes and restriction terms.
• Maintain unitized/pooled-fund accounting; allocate investment income, gains/losses, and fees (including the administrative fee) to funds.
• Calculate and post the annual endowment payout under the spending policy; monitor UPMIFA compliance and underwater funds.
• Track restricted-fund balances, releases from restriction, and available balances; support fund-usage and donor-level reporting.
• Maintain fund data (donor criteria and available balances) for endowed scholarship funds and provide those balances and criteria to Financial Aid/EMASS, which owns the full scholarship application-to-disbursement process.
• Reconcile investment and endowment activity to custodian statements; prepare investment schedules and fair-value footnotes for the audit.
• Operate and maintain the endowment management software and its integration with the general ledger.
• Review endowed-gift setup and endowment-related entries recorded by the Staff Accountant, and partner with the AR Manager and Advancement on endowed-gift setup.
• Serve as the team's go-to technical resource on fund accounting and restriction questions; informally review complex fund transactions before they reach the Director.

Requested Minimum Qualifications
Education:
A Bachelor's Degree in Accounting or a related field from accredited college or university is required.

Experience:
At least five years of progressive accounting experience is required.

Other Preferences for Consideration

• Experience in fund, endowment, or investment accounting is a plus.
• Seven plus years of experience.

Knowledge, Skills & Abilities
• Strong reconciliation and analytical skills; comfort with complex, restricted-fund detail.
• Understanding of restricted (donor) fund accounting; ability to learn UPMIFA and unitization concepts quickly.
• Nonprofit/higher-education foundation experience with endowments and restricted funds preferred.
• Experience with endowment software (Fundriver, Adavico, or NPact FIT) and Financial Edge NXT preferred.

Posting Detail Information

Posting Number ST01647
Number of Vacancies 1
Job Open Date 10/30/2026
Application Review Date
Job Close Date 11/30/2026
Special Instructions to Applicant
Please enter two professional and one personal reference in the References page of the application.

Supplemental Questions

Required fields are indicated with an asterisk (*).

1. * How did you hear about this employment Opportunity?
   • The Chronicle of Higher Education
   • EDULedger (formerly Diverse Issues in Higher Ed)
   • Higher Ed Jobs
   • Inside Higher Ed
   • Insight into Academia (formerly Insight into Diversity)
   • LinkedIn
   • Mid-Atlantic HERC (Higher Education Recruitment Consortium)
   • Other Online Advertising
   • Agency Referral
   • Website
   • MSU Careers Website
2. * Did you obtain a Bachelor's Degree in Accounting or a related field from accredited college or university?
   • Yes
   • No
3. * What is the highest level of education attained?
   • GED
   • High School Diploma
   • Associates Degree
   • Bachelors Degree
   • Masters Degree
   • PHD
4. * How many years of experience do you have in this type of position?
   • 0-1
   • 1-3
   • 3-5
   • 5-7
   • 7+
5. * Do you have at least five years of progressive accounting experience?
   • Yes
   • No
6. * Are you a current, past, or retired Morgan State University employee?Are you a current, past, or retired State employee?If YES to current, past, or retired STATE employee, please state the agency.If not applicable, put N/A.
   (Open Ended Question)

Applicant Documents

Required Documents

1. Cover Letter
2. Transcripts (unofficial )

Optional Documents