Senior Investment Accountant

The Salvation Army Eastern Territory•West Nyack, NY

5d•Hybrid

About The Position

The Salvation Army, an international movement, is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination. We are the largest non-governmental provider of social services in America and every year, we help over 30 million Americans overcome poverty, homelessness, addiction, economic hardships, loneliness, and exploitation through a wide range of programs and services. The Senior Investment Accountant is principally responsible for the accounting, reporting and analysis of the Salvation Army’s $2 billion investment portfolio and investments held under split-interest agreements. This role ensures accurate financial reporting, compliance with accounting standards, and effective monitoring of investment activity, including facilitation of all necessary regulatory and tax filings. The Senior Investment Accountant will play a key role in month-end and annual closing, reconciliations, audits, and providing insights on investment liquidity to support decision-making. Based at our Eastern Territorial Headquarters in West Nyack, NY, this position requires approximately 35 hours of work per week and is eligible for a hybrid work arrangement (3 days onsite/ 2 days remote) after three months of employment.

Requirements

Graduate of a four-year accounting degree program or in related discipline.
5+ years of experience in general accounting or finance, with at least two years focused on investment and split-interest accounting.
Advanced Excel skills; proficiency in data analysis and reporting.
Strong analytical, problem-solving, and organizational skills.
Effective communication skills, verbally and in writing.
Ability to work as a team and collaborate with other stakeholders.
Maintain a high level of professionalism and confidentiality.

Nice To Haves

Knowledge of alternative investments and charitable gift annuities preferred.
Knowledge of required CGA filings with state of NY and NJ preferred.
Familiarity with SylogistMission ERP a plus.
Experience in Nonprofit accounting recommended.

Responsibilities

Prepare, review, and reconcile investment and split-interest journal entries and general ledger (GL) accounts.
Maintain detailed investment and split-interest accounting records.
Perform daily, monthly, quarterly, and/or annual preparation/reconciliations of key reports, including but not limited to portfolio reconciliation, investment earnings reallocation, rate of return analysis, charitable asset management (CAM) reports, and investment and split-interest summary and rollforward schedules.
Monitor account balances for daily cash flow needs.
Prepare investment summary reports and other necessary forms for management review.
Work directly with third party split-interest administrator to manage new agreements and terminations.
Ensure compliance with U.S. GAAP and internal policies for investment accounting and reporting.
Assist with preparation of financial statements, footnotes, and disclosures related to investments and splitinterest agreements.
Support annual external audit and Form 990-T/state tax filings, including preparation of audit schedules and responding to inquiries.
Communicate with investment custodian, external investment consultant and portfolio managers for information requests and inquiries.
Oversee annual charitable gift annuity filings to New York State (NYS) and New Jersey.
Serve as primary liaison for NYS 5-year audit on the charitable gift annuity fund.
Review 1964 employee pension plan journal entries and GL accounts.
Develop and maintain investment-related policies, procedures, and internal controls.
Other job duties and responsibilities as assigned.