Fund Accountant, Impact Investing

The Community Foundation for Greater Atlanta (The Foundation) is a premier philanthropic institution managing over $1.6 billion in assets and serving more than 1,000 donors and nonprofits. Founded in 1951, The Foundation advances equity and shared prosperity through various initiatives.

About the role

The Fund Accountant, Impact Investing, manages fund-level accounting and financial operations for multiple investment vehicles. Key responsibilities include:

• Manage day-to-day fund and investment accounting operations, including journal entries, general ledger maintenance, reconciliations, and preparation of monthly financial statements.
• Maintain accounting and financial records for loan investments, interpret loan agreements, track funding and repayments, calculate and record interest income, and monitor reserve balances.
• Develop and maintain fund-level financial models for NAV calculations, capital account roll forwards, partner allocations, waterfalls, management fee calculations, and fund cash forecasting.
• Manage capital call processes and investor allocations, maintain allocation trackers, process application fees and capital contributions, and review investor statements.
• Collaborate with the GL team on consolidations, ensuring accurate eliminations and GAAP-compliant reporting.
• Prepare monthly, quarterly, and annual GAAP-compliant financial statements and reports for internal and external stakeholders and investors, including required supplemental schedules, K-1, and PCAP.
• Facilitate annual budgeting and forecasting processes and support impact reporting.
• Review third party servicer outputs and reports to ensure accuracy of loan servicing, investment data, and fund schedules before posting or sharing.
• Manage annual audits, coordinate with external auditors and tax advisors, prepare financial statement footnotes, manage tax filings, regulatory filings, fund registrations, and insurance renewals.
• Maintain and enhance internal controls, due diligence procedures, and governance frameworks to ensure operational readiness for audits and regulatory reviews.
• Identify and escalate material financial risks or compliance concerns to leadership and implement process improvements and workflow automations to reduce manual work.
• Maintain and update SOPs, close checklists, and review protocols for fund and impact-investment accounting.
• Collaborate cross-functionally with Impact Investing, Finance, Legal, Philanthropic, and Shared Services to align operational and financial needs, support investment pipeline coordination, and ensure accurate data flow and internal controls.
• Manage fund investment activities, including capital movements and liquidity reporting.

Qualifications

Technical fluency in private equity/partnership finance and accounting, with the ability to apply it to impact investing. Problem-solving mindset with high emotional intelligence. Ability to present information succinctly and cogently to decision makers at all levels. Unique perspective influencing a variety of teams. Non-traditional background encouraged.