The Bainum Family Foundation is one of the largest foundations in the D.C. metro area — currently located in downtown Bethesda, Maryland, just a few blocks from the metro. As a privately funded operating foundation, we work to improve the quality and availability of resources for children living in poverty. Our current initiatives include Early Learning, Food Security, School Mental Health and Seventh-day Adventist Education. In our work, we aim to be innovative and entrepreneurial, and we apply the same approach to our environment — consistently seeking opportunities to develop as individuals, a team and an organization. Each of our employees makes a meaningful impact, which is why we offer competitive employee compensation and benefits programs as well as a generous professional development program to encourage our entire staff (and our partners) to actively engage in learning opportunities within our organization and beyond. Together, we make our mission a reality, and our collaborative culture is ideal for professionals in the greater D.C. area seeking to advance meaningful work for our community and grow professionally in the process.

Job Title: Senior Accounting Manager  

Internal Job Level: Senior Manager  

FLSA Status: Full-time, Exempt  

Supervisory Responsibilities: None  

Reporting to Title: Senior Director, Finance  

Salary: $85,000 to $110,000 per year

Location: Currently remote, but DC Metropolitan Area candidate preferred

SUMMARY: The Senior Accounting Manager will assist the Senior Director, Finance in managing the day-to-day accounting operations for the Foundation and its affiliated entities, specifically by being responsible for the complex accounting activities related to the maintenance of the general ledger and generation of financial statements and management reports for all entities. They will apply their knowledge of accounting best practices and knowledge of all organizations’ policies and procedures to manage daily operations and support the further development of departmental practices that enhance productivity, efficiency and compliance with state and federal regulations. The Senior Manager will be expected to manage multiple projects simultaneously and provide problem-solving support, both within Finance/Accounting and to stakeholders across the organization.

The Foundation structures our work through a portfolio of interconnected initiatives. All staff play a role in connecting and synthesizing knowledge across teams to further the Foundations’ Mission and Vision. Therefore, this person may be assigned to any of the Foundation’s initiatives based on initiative cycles and evolving organizational needs.  

The Foundation values and is committed to a diverse workforce and an equitable, inclusive culture. We believe that viewing every aspect of our work through a diversity, equity and inclusion lens allows us to holistically support our staff and have a greater impact on the communities we serve. The Foundation therefore strongly encourages and seeks applications from all qualified individuals whose racial, socioeconomic, ability status, and other individual dimensions allow them to bring unique and diverse perspectives to their work.  

ESSENTIAL DUTIES AND RESPONSIBILITIES:  

Finance and Accounting Operations  

• Manage monthly closing and preparation of financial statements on a timely basis  
• Manage and maintain the accuracy of the General Ledger and other reconciliations, including Balance Sheet account reconciliations, Bank accounts, Prepaid and deposits (insurance, HSA, etc.), Fixed assets and related depreciation, Accrued payroll and benefits, Subsidiary ledgers, including grant detail per the Fluxx grant management system  
• Manage the execution of month-end close routines, including but not limited to, preparing monthly allocations  
• Maintain fixed asset module  
• Assist Senior Director with preparation of the annual audits and related IRS Form 990s  
• Maintain proper and detailed records including index of reporting sources and methodology for audit purposes  
• Partner with Finance and IT teams to identify, recommend, and implement systems and process improvements, including systems for improved financial controls  
• Assist Senior Director with maintaining knowledge of and compliance with local, state and federal reporting requirements  
• Maintain knowledge and stay abreast of developments in the fields of accounting and finance with a focus on not-for-profit sector and operating foundations and social welfare organizations in particular  

Reporting and Analysis  

• Assist with the preparation of the annual budgets  
• Develop integrated revenue/expense analyses, projections, statistical analyses, reports and presentations.  
• Assist in the preparation of monthly, quarterly and annual variance analysis of actual results vs. budget or other forecasted amounts  
• Collaborate with program staff to produce timely, accurate and efficient records and financial reports that support programmatic needs  
• Manage the development and timely completion of quarterly board reports and review for accuracy, completion and appropriate disclosures  
• Assist Senior Director with drafting financial updates and presentations for staff and Board meetings  
• Compile financial data needed for state and federal lobbying and campaign finance reports  

FUNCTIONAL/TECHNICAL REQUIREMENTS: The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Equivalent combinations of work experience and training that provide the required knowledge, skills and abilities will also be considered.  

• Bachelor’s degree in a relevant professional field with a minimum of (5) five years of experience in a role of Accounting Manager or similar position.  
• Strong understanding of generally accepted accounting principles.  
• Significant experience with accounting software (Intacct preferred) and additional direct experience with financial and productivity applications such as Nexonia, Bill.com and Excel.  
• Experience working in multi-entity nonprofits, such as (c)(3)s with affiliated (c)(4)s or (c)(6)s, a plus.
• Understanding of grant management processes is a plus.  
• Exceptional attention to detail, highly organized and the ability to manage multiple conflicting priorities and deadlines.  
• Ability to think strategically, exercise judgment and act independently with limited supervision.  
• Advanced ability to read and comprehend complex instructions. Ability to write statistical reports and related financial correspondence.  
• Must be able to read, write and speak the English language at a college level, perform mathematical calculations required for the position and learn to interpret and comprehend company policies and procedures.  

Bainum Family Foundation is an anti-racist equal opportunity employer committed to a workplace free of discrimination and any form of harassment. We place diversity, equity and inclusion at the heart of all that we do and reflect that commitment in our employment practices including, but not limited to: recruitment, hiring, promotions, transfers, discipline, terminations, compensation, benefits and professional development.  

All employment decisions are based on business needs, job requirements and individual qualification without regard to race; color; religion; sex (including sex stereotyping, gender identity, gender expression or transgender status); national origin; sexual orientation; pregnancy; physical or mental disability; age; protected genetic information; status as a parent; marital status or political affiliation. Furthermore, the Foundation will not tolerate harassment – either sexual or nonsexual – of any employee or applicant for employment.  

All interested candidates are welcome to apply. Reasonable accommodations will be made for persons (applicants or employees) with disabilities. Everyone should have the basic right to work somewhere they're treated with respect and dignity. Please submit your accommodation request to hr(at)bainumfdn.org. `

All your information will be kept confidential according to EEO guidelines.