Associate Director/Director of Investment Accounting

Baylor University•Waco, TX

8d•Onsite

About The Position

Baylor University, a Christian research university, is seeking an Associate Director/Director of Investment Accounting. This role provides strategic leadership and oversight of the University’s investment accounting and reporting functions, ensuring accuracy, transparency, and compliance with U.S. GAAP, donor requirements, and higher education regulations. The position manages the accounting, valuation, and reporting of complex investment portfolios, including endowments and split-interest agreements, while maintaining strong internal controls and fiduciary standards. The role serves as a key liaison with internal stakeholders, external managers, and auditors to support informed decision-making and uphold financial integrity.

Requirements

A bachelor's degree
Three years of relevant experience
A CPA license
Authorized to work full-time in the United States

Nice To Haves

A master's degree
Five years of relevant experience

Responsibilities

Prepare and/or coordinate, review and approve monthly market value adjustments to sub-fund report, investment manager reports, bank trust statements, stock, bond, and real estate holdings
Directs the University’s investment accounting and reporting functions, including maintaining close collaboration with the Investment Office, overseeing preparation of investment journal entries and receipts, and reviewing or preparing investment allocation reports
Direct the accounting for the University’s non-operating funds, including preparation and review of journal entries and oversight of investment reporting (monthly endowment balances, analyses and changes, annuity trial balance, and restricted non-scholarship trial balance reports)
Oversee calculation and recording of endowment and investment earnings for budgeting and planning, including maintaining the endowment model and dividend calculations, projecting distributions for endowment and endowed chair accounts, coordinating account listings, and communicating projections to the Budget Office, Financial Aid, Provost, and academic business offices
Conduct the review, analysis, reconciliation and correction of transactions and balances in the non-operating accounts
Oversee and/or prepare audit workpapers and financial statement footnotes for endowment and investments, and coordinate investment accounting matters with external auditors
Perform all other duties as assigned to support Baylor’s mission
Ability to comply with University policies
Maintain regular and punctual attendance