Director, Specialized Accounting

Essential responsibilities for this role include, but are not limited to:

- Manage financial review, accounting, and reporting for assigned grants, including federal grants subject to Single Audit requirements.

- Ensure timely and accurate revenue recognition for grants and contributions in accordance with GAAP, FASB guidance, and OMB Uniform Guidance (2 CFR 200).

- Prepare and post monthly journal entries related to grant revenue, expense allocations, and releases from restricted net assets.

- Maintain grant revenue, grant receivable, and net asset release schedules; reconcile schedules to the general ledger and trial balance each month.

- Partner with Program, Lending, and Finance teams to prepare grant financial reports and ensure alignment with funder agreements.

- Support post-award compliance and monitoring processes and serve as a primary accounting contact for grant-related audits.

- Prepare grant-related documentation and schedules for the annual financial audit and federal Single Audit.

- Maintain NMTC fund-related accounting records in accordance with GAAP and fund accounting standards.

- Reconcile NMTC fund bank accounts and related general ledger balances.

- Record quarterly accruals of NMTC asset management fee revenue and maintain related schedules.

- Track and reconcile expenses paid by NFF on behalf of NMTC funds; prepare and invoice receivables for reimbursement.

- Review quarterly and annual NMTC fund financial statements and draft tax returns prepared by external auditors and advisors prior to investor distribution.

- Support NMTC fund exits, including cash reconciliations, final financial statements, audits, and tax filings.

- Maintain and improve accounting processes and internal controls related to NMTC activity, identifying opportunities for efficiency and consistency.

- Contribute to monthly and quarterly close activities, including restricted fund reconciliations and reporting.

- Partner with Finance leadership on financial systems modernization, process improvement, and automation efforts.

- Support cross-functional projects related to financial technology implementation, workflow redesign, and continuous improvement.

- Participate in internal and external meeting, department meetings, training sessions, and cross-functional collaboration as appropriate.

- As work and community/client needs change, assignments, projects, and job duties may evolve in support of organizational priorities.

- A bachelor's degree from an accredited college or university in accounting, finance, business administration or a related field or equivalent combination of relevant education, training, and relevant experience

- Seven (7) years of progressive professional experience in accounting or finance, preferably in a nonprofit or mission-driven organization

- Demonstrated experience with nonprofit Generally Accepted Accounting Principles (GAAP), restricted fund accounting, cost allocation, and audit support

- Working knowledge of federal grant compliance and reporting requirements

- Strong proficiency with accounting systems, financial reporting tools, and Microsoft Excel

- Be committed to NFF's values, mission, and approach to community impact

- Understand CDFIs and their role in nonprofit financing

- Work independently and effectively in a remote environment and build strong, trust-based relationships with colleagues and partners across geographies and time zones in a highly matrixed organization

- Have strong attention to detail and well-developed reconciliation and review skills

- Communicate clearly and proactively and partner effectively across teams

- Manage multiple priorities, meet deadlines, and exercise sound judgment in a fast-paced environment

- Collaborate with a dynamic and mission-driven team

- Demonstrate a learning orientation and commitment to continuous learning and improvement

- Thrive in a fast-paced, changing, and at times ambiguous context

- Leverage online collaboration tools, Salesforce, and Microsoft Office

NFF offers a generous benefits package that currently includes up to twenty (20) paid holidays/business closure days, three (3) floating holidays, flexible time off, group medical insurance with a funded health reimbursement account, dental and vision plans, life insurance and disability plans, a retirement plan with both a non-elective employer contribution (4%) and additional match contribution (up to 2%), a "work from home" fund, and flexible spending accounts to cover health, dependent care, and commuter costs.

This is a full-time role with an annual compensation range of $129,400 - $143,800. A compensation offer is based on a candidate's background and years of relevant experience, with consideration for internal equity. Because of our strong commitment to equity and growth, we do not negotiate compensation offers.