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Open nowPosted 71 days ago

Senior Accountant - Endowment & Investments

Williams College29 open roles

Pay
$90,000 – $100,000 a year
Where
Williamstown, MA (Main Campus)
Work mode
Hybrid
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Your applicationOpen nowSenior Accountant - Endowment & InvestmentsWilliams College · Williamstown, MA (Main Campus)

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The clock on this job

Early applications get read.

8.2% of postings close within 7 days. Measured by our own scanner across the market. Williams College postings stay open a median of 3 days.

Share of postings closed within
  1. 1.8%1 day
  2. 3.8%3 days
  3. 8.2%7 days
  4. 15.2%14 days
  5. 34.2%30 days
This job: posted 71 days ago

Williams College median: 3 days open

The posting

Williams College is seeking a Senior Accountant - Endowment & Investments to join our Finance Department to directly support the mission of the College by stewarding the College’s $4+ billion long-term investment pool through monthly, quarterly, and annual accounting responsibilities. The Senior Accountant will model and execute the annual endowment distribution, assist with forecasting distribution scenarios, respond to internal and external donor and account holder questions, and recommend action on a wide range of legal and accounting issues relating to endowments, split interest agreements, and outside trusts.

This position is also responsible for evaluating and recommending appropriate endowment accounting treatment in accordance with GAAP and UPMIFA including but not limited to review of gift agreements, assisting the Investment Office to prepare data for the investment footnotes in the annual financial statements, preparing and reviewing journal entries, preparing reports relating to the annual endowment distribution, and performing or reviewing complex account reconciliations. This position has oversight responsibilities of the Fundriver endowment system.

Responsibilities:

The core responsibilities are as follows:

  • Perform monthly, quarterly, and annual reconciliation processes for investment valuation and activity between the investment office, Workday, and Fundriver.
  • Coordinate with outside providers administering split interest agreements and outside trusts to ensure that all activity is properly recorded in Fundriver and Workday on a monthly, quarterly, and annual basis.
  • Assist in the design of reports to support the annual audit and financial statement preparation.
  • Separately handle exception payouts for funds that do not follow the normal spending policy.
  • Assist the Controller and Assistant Controllers to prepare for and draft the annual financial statements, 990, and other required reports.
  • Review new endowment gift agreements and planned giving instruments, recommend appropriate classification, establish new gift accounts in Workday and Fundriver.
  • Review existing gift agreements to ensure use of expendable funds is in line with donor intent.
  • Assist with urgent or deadline-driven special projects in response to compliance requirements or Senior Staff requests. Partners with the accounting & finance teams in their completion.
  • Annual review of professorship releases.
  • Quarterly reconciliation of class gift designations.
  • Work with the Development Office to review undesignated and income to principal gifts.
  • Review unspent or underspent gifts and recommend course of action.

Requirements:

  • A Bachelor's degree and a minimum of 5 years professional experience in investment accounting for a large complex balanced portfolio with many illiquid holdings.
  • Strong critical thinking, analytical, and creative problem-solving skills; attention to detail.
  • Advanced knowledge of not-for-profit and endowment accounting, including unitization and accounting for the use of restricted funding sources.
  • Advanced technical skills including financial planning and accountings systems, complex spreadsheets and Microsoft Office and Google suites; relational database management.
  • A collaborative working style and ability to build strong relationships with people at all levels of the organization.
  • Capacity to work independently as well as with others in a diverse and decentralized organization.

Preferred Qualifications:

  • Experience in higher education, Workday, and endowment unitization tools (e.g., Fundriver); preferably over a period of implementation and stabilization.
  • MBA, CFA, CPA, or equivalent experience desired

A cover letter is required for your application to be considered; please submit a cover letter in a separate document with your application.

Application review will begin on August 27, 2026. Pay range is from $90,000-$100,000 commensurate with experience.

This full-time, year-round position is eligible for Williams College’s robust benefits package designed to support you in your work and overall health and wellness. We offer comprehensive health insurance with coverage starting your first day of work, robust retirement plan contributions, tuition reimbursement, professional development opportunities, paid leave, access to gym facilities, discounts with local vendors and more. Find out more about our benefits by visiting our Williams HR website.

Hybrid on-site/remote work arrangements may be available for up to 2 days of remote work per week for employees based in MA, NY, CT, or VT, following a fully in-person onboarding period. This position requires a majority physical presence on campus with a minimum of 3 days per week of on-campus, in-person work. Remote work arrangements are subject to review and revision as policy evolves.

Please visit careers.williams.edu to apply.

Employment at Williams is contingent on the verification of background information submitted by the applicant, including the completion of a criminal record check, and education when applicable. Decisions regarding appointments, promotions, and conditions of employment comply with applicable federal or state law prohibiting discrimination based on race, color, sex, national origin, religion, age, disability, marital status, sexual orientation, gender identity or expression, ancestry, or military service.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Beyond meeting fully its legal obligations for non-discrimination, Williams College is committed to building a diverse and inclusive community where members from all backgrounds can live, learn and thrive. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process please feel free to contact us via phone at (413) 597-2681 or email at [email protected].

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