Fund Accountant, Impact Investing

The Community Foundation For Greater Atlanta•Atlanta, GA

7d•$90,000 - $110,000•Hybrid

About The Position

The Fund Accountant, Impact Investing, is responsible for managing the full spectrum of fund-level accounting and financial operations across multiple investment vehicles. This role ensures accurate financial reporting, compliance, and operational integrity while supporting investor relations, impact reporting, and fund performance analysis. The Fund Accountant, Impact Investing will also serve as a key liaison with Third Party Vendors (loan services, portfolio managers, RIA, etc.) providing oversight and review of outsourced deliverables and clarifying accountability across shared services. Reporting to finance leadership, this role will be a key partner in the Impact Investing business line, specializing in its operational and accounting requirements while working closely with the broader Finance team to integrate Impact Investment activities into the foundation’s overall financial operations. Additionally, the Fund Accountant, Impact Investing will work with the Impact Investing and Housing teams on new transactions and asset management, support core fund operations and accounting processes, and assist with investor relations and loan servicing.

Requirements

Bachelor’s degree in accounting, Finance, or related field.
5+ years of fund accounting experience in private equity, real estate funds, venture capital, or alternative investments.
Strong understanding of fund structures, investor reporting, and compliance frameworks.
Experience with accounting, ERP, and fund administration systems.
Excellent project management, analytical, organizational, problem-solving and communication skills.
High EQ and ability to thrive in a start-up environment.

Responsibilities

Manage day-to-day fund and investment accounting operations, including journal entries, general ledger maintenance, reconciliations, and preparation of monthly financial statements while maintaining complete books and records for pooled and impact-investment structures.
Maintain accounting and financial records for loan investments, including interpreting loan agreements, tracking funding and repayments, calculating and recording interest income, and monitoring reserve balances in accordance with GAAP.
Develop and maintain fund-level financial models supporting NAV calculations, capital account roll forwards, partner allocations, waterfalls, management fee calculations, and fund cash forecasting in accordance with governing documents.
Manage capital call processes and investor allocations, including maintaining allocation trackers and processing application fees and capital contributions.
Review investor statements prepared by third-party service providers prior to distribution.
Collaborate with the GL team on consolidations (SPVs, disregarded entities, and CFGA) ensuring accurate eliminations and GAAP-compliant reporting.
Prepare monthly, quarterly, and annual GAAP-compliant financial statements and reports for internal and external stakeholders and investors, including required supplemental schedules, K-1, and PCAP.
Facilitate annual budgeting and forecasting processes.
Support impact reporting and provide financial data for investor relations and stewardship efforts.
Maintain detailed schedules for commitments, capital deployment, repayments, loan servicing, reserves, and impairments.
Lead treasury and cash management review for Impact Investing team in collaboration with core Accounting team.
Coordinate with internal teams (Community Impact, Housing, Shared Services) to ensure timely pipeline updates, transaction readiness, and fund deployment accuracy.
Review third party servicer outputs and reports to ensure accuracy of loan servicing, investment data, and fund schedules before posting or sharing.
Manage annual audits and coordinate with external auditors and tax advisors, including preparation of financial statement footnotes for the consolidated audit.
Manage related tax filings, regulatory filings, fund registrations, and insurance renewals.
Ensure adherence to GAAP, IRS, SEC, and other relevant standards.
Maintain and enhance internal controls, due diligence procedures, and governance frameworks to ensure operational readiness for audits and regulatory reviews.
Identify and escalate material financial risks or compliance concerns to leadership.
Identify and implement process improvements and workflow automations to reduce manual work.
Maintain and update SOPs, close checklists, and review protocols for fund and impact-investment accounting.
Collaborate cross-functionally with Impact Investing, Finance, Legal, Philanthropic, and Shared Services to align operational and financial needs, support investment pipeline coordination, and ensure accurate data flow and internal controls.
Manage fund investment activities, including capital movements and liquidity reporting.

Benefits

All benefits effective on date of hire – no waiting period
100% employer-paid benefits (medical, dental, vision) for employee-only insurance plans
100% employer-paid life insurance and AD&D
100% employer-paid short-term disability and long-term disability
100% employer-paid parking downtown Atlanta or monthly MARTA card
Affordable plans for legal insurance, critical illness, supplemental life, and more
Employee Assistance Program
Immediate eligibility to contribute to a 403(b) plan, plus a 6% employer-paid contribution after one year of employment—regardless of employee contributions.
Individual Development Plans (IDPs) for each team member including trainings, resources, development opportunities, etc.
Two Wellness Rooms for mental health with self-care items
Fun monthly employee engagement activities