Senior Finance Associate

The Associated Network•Baltimore, MD

3d•Hybrid

About The Position

The Associated is seeking a Senior Finance Associate to support its community fund by executing operational and administrative processes. The role serves as a resource for stakeholders and works with investment managers, sub-accountants, and external vendors. It prepares timely, accurate materials for investment committee meetings and supports operational excellence through organization, analysis, adaptability, and continuous process improvement. This is a full-time, hybrid position requiring at least three days per week in the office. The starting salary is $65,000, with compensation commensurate with experience.

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 ability to identify and implement 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 committee meeting action and follow-up items and coordinate their timely resolution.
Generate quarterly and annual reports on fund activity, grant volumes, and key financial metrics for leadership and committee review.
Manage relationships with 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 workflows and identify opportunities to streamline processes, reduce manual effort, and improve accuracy.
Promote 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 restrictions and donor intent.
Collaborate with program staff to resolve discrepancies and ensure grant activity is coded properly.
Review and approve incoming deposits, including contributions, investment transfers, and other revenue, ensuring accurate account coding and documentation.
Build relationships with donors and investors, respond to inquiries and transaction questions, and support a high level of customer satisfaction.