Senior Manager, Investment Accounting

Reports to Controller

ORGANIZATIONAL OVERVIEW 

At the Jewish Community Federation and Endowment Fund (the Federation), we envision diverse, dynamic Bay Area Jewish communities, deeply engaged in Jewish life and doing good locally, in Israel, and around the world. We create opportunities for people in the Bay Area to connect with and contribute to their communities. Our work is guided by the timeless Jewish values of kehilla (community), tzedakah (giving with just intention), and tikkun olam (repairing the world).

Together, our community is shaping Jewish life in the Bay Area by focusing on three main priorities. First, we’re working to foster and facilitate more impactful philanthropy. Second, we’re working to ensure security and resilience for local Jewish families. And third, we’re engaging the next generation of Bay Area Jews, so they too can find connection and meaning in the values and traditions of Judaism.

The Federation seeks highly motivated individuals with a variety of skill sets to build the next generation of Federation engagement. We are especially interested in forward-thinking, collaborative, and open-minded candidates who are willing to take risks, possess a high level of integrity, and model a positive attitude that inspires confidence.

POSITION SUMMARY

Under the direction of the Senior Director, Philanthropy Accounting, the Manager, Investment Accounting is responsible for the day-to-day investment operations, accounting, and reporting for the endowment, donor-advised funds, and supporting organizations of the Federation.  The Manager supervises a team of senior and staff accountants who are responsible for recording all investment and related fund accounting activity and providing timely reporting.  This position is responsible for the implementation of instructions from the JCF Investment Committee and various external investment advisors concerning transactions within and between multiple investment portfolios.  

MANAGERIAL RESPONSIBILITIES

This role has managerial responsibilities for the team with functional responsibilities for investment and fund accounting operations.

ESSENTIAL FUNCTIONS OF THE POSITION

  • Responsible for day-to-day investment accounting for the endowment, donor-advised funds, and supporting organizations of the Federation. 
  • Develop and implement strategies to improve the timeliness and accuracy of the department’s investing functions.
  • Prepare and maintain investment schedules, work papers, and reconciliations to process periodic investment allocations. 
  • Initiate investment transactions (including sales, purchases, and transfers), for review and authorization by the Chief Finance and Investment Officer, Controller, and Senior Director, Philanthropy Accounting. 
  • Review and approve all journal entries related to investment activities and analyze their impact on the general ledger and consolidated financial statements. 
  • Monitor asset balances and liquidity within the various brokerage, custody, and investment accounts.   
  • Work in conjunction with the Controller and Senior Director, Philanthropy Accounting on the monthly and quarterly closing of the consolidated general ledger. Responsible for annual audit packages, including lead sheets and reconciliations of all accounts related to donor-advised funds, endowment, and supporting organization's investments and related activities. Assist in the production of consolidated financial statements.
  • Manage and coordinate the work of external contractors, as appropriate. Establish monthly and quarterly work plans to ensure timely reporting. Ensure the accuracy of reports to JCF clients.
  • Liaison with investment managers/advisors, donors, and third-party service providers.
  • Monitor investment portfolios to ensure compliance with approved policies and procedures.
  • Review reconciliations, journal entries, and reports prepared by the Philanthropy Investment accounting team. 
  • Work as a member of the finance and accounting team of JCF to ensure the accuracy, completeness, and timeliness of all financial activity of the organization.
  • Respond to requests for information and carry out special projects as assigned.

EDUCATION OR TRAINING EQUIVALENT

  • Bachelor’s Degree required.
  • CPA preferred
  • 5+ years of experience in investment and accounting.
  • Experience in non-profit financial accounting strongly preferred.

QUALIFICATIONS (SKILLS, ABILITIES, LICENSES)

  • Ability to develop and implement effective accounting and investment procedures.
  • Experience with MicroEdge FIMS platform a plus.
  • Managerial experience with demonstrated ability to select, develop, motivate, mentor, and retain high-performing staff.
  • Ability to problem solve and create systems to improve the operations of the finance and accounting areas.

Compensation range: $120,000 – $140,000 

TO APPLY

Please send a copy of your resume with a cover letter to hr@sfjcf.org. All applications and inquiries will receive a response and will be kept strictly confidential.

Salary commensurate with experience. Excellent benefits — medical, dental, vision, vacation, sick pay, holidays (including Jewish), and retirement plan.

The Jewish Community Federation and Endowment Fund is an equal opportunity employer. We are committed to employment equity throughout all levels of the organization. All qualified applicants will receive consideration for employment without regard to race, religion, sex, orientation, ethnicity, national origin, disability, or veteran status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. We welcome and encourage diversity in the workplace.

APPLY BY EMAIL
hr@sfjcf.org

APPLY BY FAX
415.541.9352

APPLY BY MAIL
Human Resources
Jewish Community Federation
121 Steuart Street
San Francisco, CA 94105