Accountant

Job Title: Accountant

Reports to: Accounting Manager

Employment Category: Exempt, Regular, Full Time

Position Purpose:

All staff at The Heinz Endowments (THE) work together in advancing a mission to grow an exemplary sustainable Pittsburgh region where everyone prospers and belongs.

The Accountant plays a critical role in maintaining the financial integrity of the Endowments’ $2.1B investment portfolio, grantmaking activity, and operating accounts. This position is responsible for moderately complex accounting and reporting activities, ensuring accurate financial management, compliance, and supporting the organization’s strategic financial objectives.

The Accountant Position key organizational relationships:

• Reports to the Accounting Manager
• Works closely with Finance Assistant, Grants Manager and Program Staff
• Collaborates with Investment Team and external auditors
• Serves as a key financial resource for the organization

Accountant Position Responsibilities:

1.     Financial Reporting and Accounting:

• Maintain and reconcile non-investment general ledger accounts
• Perform monthly bank reconciliations and ensure proper funding for operating disbursements
• Prepare monthly general ledger close package for management review, including budget to actual reports
• Reconcile grants activity within grants management system to general ledger monthly
• Assist in year-end operating budget preparation and development

2.     Investment Portfolio Management:

• Interpret and record all investment cash transactions, including capital calls, distributions, and redemptions
• Record monthly valuation adjustments for Absolute Return, Public Equities, and Fixed Income asset classes
• Reconcile and record separately managed account activity
• Record stock distributions from private equity funds and subsequent stock sale/cash activity
• Assist Accounting Manager with reconciliations of investment commitment activity
• Enter quarterly financial statement information for private investments into investment management system
• Assist with preparation of semi-annual private equity and hedge fund profile reports

3.     Vendor and Contractor Management:

• Manage administrative accounts payable process in coordination with Finance Assistant
• Coordinate timely processing of invoices, ensuring compliance and appropriate documentation
• Maintain independent consultant contracts
• Track and report payments against contracts to managers with budget authority
• Prepare information for year-end 1099-MISC/NEC reporting
• Manage and reconcile out-of-state consultant withholding
• Assist with state compliance filings

4.     Compliance and Reporting:

• Ensure compliance with employee-related expense policies
• Reconcile employee advance accounts and interface expense reports into accounting system
• Maintain fixed asset listing and perform annual depreciation/amortization calculations
• Assist with year-end external audit and tax preparation
• Complete administrative expense surveys for various organizations

5.      Administrative and Project Support:

• Manage project timelines and prioritize tasks to meet deadlines for assigned deliverables
• Assist program staff with grantee financial reviews
• Demonstrate adaptability in a changing work environment, especially with technological innovations
• Possess sufficient knowledge of office systems, facilities and procedures (e.g., videoconferencing, desk-top computer applications, phones, etc.). Responsible for personal calendaring and scheduling of appointments.
• Protects the organization’s confidential information by the appropriate handing and archiving of sensitive information and documents

6.     Other duties as assigned.   

Position Requirements:

Education

B.S. Degree in Accounting, Finance, or Business Management or equivalent experience with accounting expertise.

Experience:

Seeking a professional accountant with 5+ years’ experience; minimum 3 years of experience in a public accounting or comparable accounting environment.

Key Competencies:

• Knowledge of professional practice in financial accounting and reporting, internal controls and external reporting
• Public accounting experience and /or investment accounting is preferred
• Understanding of non-profit accounting rules
• Highest standards of confidentiality and integrity
• Detail oriented, well organized, and strong communication skills
• Proficient with Microsoft Office suite, specifically Excel, and complex accounting platforms (ERP). Experience with investment management platforms is desired.
• Planning and organization skills that ensure deadlines are met and quality maintained
• Adaptable and versatile in a changing work environment, especially with regard to innovations in office technology
• Positive attitude and a commitment to being part of an energetic and goal-oriented work environment
• A level of motivation conducive to independent work and effective team contributions
• Exhibits a forward-thinking mindset that goes beyond routine task completion
• Demonstrates natural curiosity by asking insightful questions that challenge existing processes
• Takes initiative to propose improvements in financial processes and reporting

This position offers a hybrid schedule and requires in office attendance Tuesday/Wednesday/Thursday or when work meetings/needs require.  The office is located at 625 Liberty Ave in Pittsburgh, PA and a parking allowance/lease is included in the benefits package.

This position is full-time (40 hours per week) with a compensation range: $70,000 – $87,500, commensurate with experience.

The Heinz Endowments is deeply committed to building a diverse and inclusive workplace where every team member feels valued and empowered to contribute to our mission. We encourage applications from individuals of all backgrounds, experiences, and perspectives.