Finance Operations Manager-Endowments

The Associated Network•Baltimore, MD

5d•$90,000•Hybrid

About The Position

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.

Requirements

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

Nice To Haves

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

Responsibilities

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