Senior Finance Associate

The Associated and its Agencies•Baltimore, MD

4d•Hybrid

About The Position

The Associated is seeking a Senior Finance Associate to support its community fund through effective execution of operational and administrative processes. The role serves as a trusted resource for stakeholders and collaborates with investment managers, sub-accountants, and external vendors. It prepares timely, accurate materials for investment committee meetings and supports fund operations, stakeholder relationships, reporting, grant administration, and deposits. The ideal candidate is detail-oriented and analytical, excels in a collaborative environment, and demonstrates strong organization, adaptability, commitment to continuous process improvement, and operational excellence. This is a full-time, hybrid position requiring a minimum of three days per week in the office.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
At least 3 years of experience in nonprofit finance, community foundation services, or investment operations.
Advanced proficiency in Microsoft Excel.
Exceptional attention to detail and demonstrated proofreading and quality-control skills.
Experience in donor relations, client services, or a customer-facing financial role.
Familiarity with investment reporting, fund valuations, or working with external investment managers.
Demonstrated track record of identifying and implementing process improvements.
Strong written and verbal communication skills, including the ability to present complex information clearly.

Responsibilities

Serve as staff liaison to Investment Committee leadership.
Prepare, consolidate, and distribute committee meeting materials, including investment summaries and fund performance and activity reports.
Track action items and follow-up items from committee meetings and coordinate their timely resolution.
Generate quarterly and annual reports detailing fund activity, grant volumes, and key financial metrics for leadership and committee review.
Serve as the primary relationship manager for major fundholders, supporting foundations, professional advisors, and key stakeholders.
Support cultivation and retention efforts for high-capacity donors and institutional partners.
Oversee investment administration activities to ensure accuracy, compliance, and adherence to donor intent.
Evaluate existing workflows and identify opportunities to streamline processes, reduce manual effort, and improve accuracy.
Champion adoption of technology tools and system enhancements that improve efficiency and data integrity.
Review and authorize outgoing grant disbursements for accuracy, proper documentation, and alignment with foundation and fund guidelines.
Monitor grant expenditures for compliance with restriction requirements and donor intent.
Collaborate with program staff to resolve discrepancies and ensure proper coding of grant activity.
Review and approve incoming deposits, including contributions, investment transfers, and other revenue, ensuring accurate account coding and documentation.
Build relationships with donors and investors, assist with inquiries and transaction questions, and support a high level of customer satisfaction.