Fund Accountant, Impact Investing

Overview Organization Overview The Community Foundation for Greater Atlanta (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 advance equity and shared prosperity across metro Atlanta through donor-advised funds, strategic grantmaking, civic leadership, and community investment. Department: Finance Reports to: Assistant Controller Direct reports: None Classification: Regular; Full-time Organization Background The Community Foundation for Greater Atlanta (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 advance equity and shared prosperity across metro Atlanta through donor-advised funds, strategic grantmaking, civic leadership, and community investment. Founded in 1951, 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. Ideal Candidate The ideal candidate will have technical fluency in private equity/partnership finance and accounting with the ability to apply it to impact investing. We are looking for someone who can bring a problem-solving mindset, with a high level of emotional intelligence, to an entrepreneurial workplace environment. This candidate will be a sole contributor, with a unique perspective that will influence a variety of teams. Subsequently, the selected candidate will need to be able to present information succinctly and cogently to decision makers at all levels of the organization. This role is a bridge-builder between the Finance and Impact Investing teams, with the ability to identify material risk and offer prioritized, pragmatic solutions. CFGA encourages candidates with non-traditional backgrounds to apply. We are looking for someone who possesses a core skillset and is also coachable and trainable to support the evolution of impact investing at CFGA. Role Summary The Fund Accountant, Impact Investing, is responsible for managing the full spectrum of fund-level accounting and financial operations across multiple investment vehicles. This role ensures accurate financial reporting, compliance, and operational integrity while supporting investor relations, impact reporting, and fund performance analysis. The Fund Accountant, Impact Investing will also serve as a key liaison with third party vendors (loan services, portfolio managers, RIA, etc.) providing oversight and review of outsourced deliverables and clarifying accountability across shared services. Reporting to finance leadership, this role will be a key partner in the Impact Investing business line, specializing in its operational and accounting requirements while working closely with the broader Finance team to integrate Impact Investment activities into the foundation’s overall financial operations. Additionally, the Fund Accountant, Impact Investing will work with the Impact Investing and Housing teams on new transactions and asset management, support core fund operations and accounting processes, and assist with investor relations and loan servicing. Key Responsibilities Fund Accounting & Financial Management: Manage day-to-day fund and investment accounting operations, including journal entries, general ledger maintenance, reconciliations, and preparation of monthly financial statements while maintaining complete books and records for pooled and impact-investment structures. Maintain accounting and financial records for loan investments, including interpreting loan agreements, tracking funding and repayments, calculating and recording interest income, and monitoring reserve balances in accordance with GAAP. Develop and maintain fund-level financial models supporting NAV calculations, capital account roll forwards, partner allocations, waterfalls, management fee calculations, and fund cash forecasting in accordance with governing documents. Manage capital call processes and investor allocations, including maintaining allocation trackers and processing application fees and capital contributions. Review investor statements prepared by third-party service providers prior to distribution. Collaborate with the GL team on consolidations (SPVs, disregarded entities, and CFGA) ensuring accurate eliminations and GAAP-compliant reporting. Financial Reporting & Forecasting: 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. Support impact reporting and provide financial data for investor relations and stewardship efforts. Maintain detailed schedules for commitments, capital deployment, repayments, loan servicing, reserves, and impairments. Lead treasury and cash management review for Impact Investing team in collaboration with core Accounting team. Coordinate with internal teams (Community Impact, Housing, Shared Services) to ensure timely pipeline updates, transaction readiness, and fund deployment accuracy. Review third party servicer outputs and reports to ensure accuracy of loan servicing, investment data, and fund schedules before posting or sharing. Audit, Tax & Regulatory Compliance: Manage annual audits and coordinate with external auditors and tax advisors, including preparation of financial statement footnotes for the consolidated audit. Manage related tax filings, regulatory filings, fund registrations, and insurance renewals. Ensure adherence to GAAP, IRS, SEC, and other relevant standards. Governance, Risk & Internal Controls: 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. Identify 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. Strategic & Operational Support: 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. #J-18808-Ljbffr