What are the responsibilities and job description for the Accountant position at Community Foundation for Greater Atlanta?
Department: Finance/Accounting
Reports to: Accounting Manager
Classification: Regular; Full-time
Organization Overview
Founded in 1951, The Community Foundation for Greater Atlanta (The Foundation) ranks among the 15 largest community foundations in the U.S. and has deep roots in the region’s civic infrastructure. It plays a pivotal role in addressing systemic barriers in affordable housing, the arts, equity, and economic opportunity while connecting generosity to impact across the community.
The Foundation is one of the nation’s premier philanthropic institutions, managing over $1.6 billion in assets and serving as a trusted partner to more than 1,000 donors and nonprofit organizations. The Foundation works to inspire and lead our region toward equity and shared prosperity for all who call our region home. We work with residents, neighborhoods and civic leaders across public, private and philanthropic sectors to seize the greatest opportunities and solve the region’s most pressing challenges.
Role Summary
Reporting to the Accounting Manager, the Accountant is responsible for supporting full-cycle accounting activities across the Foundation, its affiliated entities, and impact investing operations. This role prepares journal entries, performs reconciliations, and maintains accurate financial records in accordance with GAAP. The Accountant also supports financial reporting, audit and tax processes, and collaborates with the Fund Accountant and broader Finance team to ensure accurate and timely accounting for investment-related activities.
Key Responsibilities
General Ledger & Accounting Operations
Reports to: Accounting Manager
Classification: Regular; Full-time
Organization Overview
Founded in 1951, The Community Foundation for Greater Atlanta (The Foundation) ranks among the 15 largest community foundations in the U.S. and has deep roots in the region’s civic infrastructure. It plays a pivotal role in addressing systemic barriers in affordable housing, the arts, equity, and economic opportunity while connecting generosity to impact across the community.
The Foundation is one of the nation’s premier philanthropic institutions, managing over $1.6 billion in assets and serving as a trusted partner to more than 1,000 donors and nonprofit organizations. The Foundation works to inspire and lead our region toward equity and shared prosperity for all who call our region home. We work with residents, neighborhoods and civic leaders across public, private and philanthropic sectors to seize the greatest opportunities and solve the region’s most pressing challenges.
Role Summary
Reporting to the Accounting Manager, the Accountant is responsible for supporting full-cycle accounting activities across the Foundation, its affiliated entities, and impact investing operations. This role prepares journal entries, performs reconciliations, and maintains accurate financial records in accordance with GAAP. The Accountant also supports financial reporting, audit and tax processes, and collaborates with the Fund Accountant and broader Finance team to ensure accurate and timely accounting for investment-related activities.
Key Responsibilities
General Ledger & Accounting Operations
- Support day-to-day accounting operations, including journal entries, general ledger maintenance, and monthly close activities for the Foundation, its Affiliates, and Impact Investing.
- Prepare and record journal entries, including accruals, prepaids, payroll, allocations, and affiliate transactions.
- Ensure payroll-related entries (e.g., FSA transfers, payroll expenses, deductions) are accurately recorded.
- Prepare weekly and monthly bank reconciliations, ensuring timely completion and resolution of discrepancies.
- Prepare annual endowment payout calculations.
- Support accounting for affiliated entities, including recording transactions, billings, and collections while ensuring accounts are reconciled monthly.
- Support preparation of monthly, quarterly, and annual financial reporting materials and supporting schedules.
- Prepare audit schedules and supporting documentation, assist with audit fieldwork, and support the annual audit and federal tax filings for the Foundation and its supporting organizations.
- Review monthly allocation entries and other recurring accounting processes.
- Prepare and record journal entries related to impact investing activities.
- Calculate and record management fees, interest income, and amortization of deferred fee revenue.
- Maintain schedules supporting investment activity and balances.
- Support the Fund Accountant with financial reporting, audit, tax, and regulatory compliance for impact investing.
- Participate in Impact Investing meetings to represent Finance and support issue resolution related to impact investing activity.
- Document and update accounting processes and procedures to support efficiency, internal controls, and continuous improvement.
- Identify opportunities for automation and process enhancements.
- Collaborate with accounting, impact investing, and cross-functional teams to ensure alignment and data accuracy.
- Stay current on accounting standards, regulatory requirements, and industry best practices.
- Support special initiatives and projects, including fee-related activities and stakeholder reporting.
- Provide backup support across accounting functions as needed.
- Perform other duties as assigned by the Accounting Manager.
Salary : $75,000 - $85,000