Accounting Manager

Baltimore Development Corporation (BDC) is seeking an Accounting Manager to join our Finance team. This full-time, in-office position will support BDC’s financial operations and contribute to the sound fiscal management of Baltimore’s economic development organization. The Accounting Manager will work closely with the Vice President of Finance and other BDC teams to help ensure strong financial management, accountability, compliance, and operational excellence across the organization. About Baltimore Development Corporation Baltimore Development Corporation (BDC) Location: Baltimore, MD | In-office Employment Type: Full-Time, Exempt Salary Range: $105,000–$125,000 Reports to: Vice President, Finance Team: Finance About the Role Baltimore Development Corporation (BDC) is seeking an Accounting Manager to join our Finance team. This full-time, in-office position will support BDC’s financial operations and contribute to the sound fiscal management of Baltimore’s economic development organization. The Accounting Manager will work closely with the Vice President of Finance and other BDC teams to help ensure strong financial management, accountability, compliance, and operational excellence across the organization. About Baltimore Development Corporation BDC is the leading economic development organization for the City of Baltimore. Our mission is to grow Baltimore’s economy in an inclusive manner by retaining, expanding, and attracting businesses and promoting investment, thereby increasing career opportunities and wealth creation for Baltimore residents. We are committed to building a more equitable economy and supporting businesses and entrepreneurs that have historically faced institutional, structural, and systemic barriers. Our Values Excellence: We hold ourselves to the highest professional, ethical, and legal standards in everything we do. Accountability: We own our commitments and outcomes, learn from our failures, and evolve to better serve Baltimore. Collaboration: We succeed as one team across every unit and exercise the highest professional respect for our colleagues. Urgency: Baltimore can’t wait, and neither will we. Community: Every decision starts with the businesses and communities we serve. Fun: We celebrate our successes and each other while maintaining balance and pursuing joy in our work. Key Responsibilities Financial Reporting & General Ledger Prepare and process general ledger entries, reconcile various accounts to include bank reconciliations, and lead month-end and year-end closing processes. Produce and review accurate and timely consolidated financial statements, reports, and budgets for BDC, including its subsidiaries. Analyze financial data to provide insights and recommendations for strategic planning and decision-making. Prepare and submit Sales and Use tax reports. Prepare additional reporting as required by City, State, and Federal Agencies. Assist with preparing Annual and Capital Budgets. Apply advanced accounting knowledge, including experience with bond draws, and complex funding structures. Grant & Fund Accounting Manage and track funds received from various grants, ensuring strict compliance with donor restrictions and grant requirements. Allocate costs to appropriate programs, activities, and prepare grant-specific financial reports for funders. Accounts Payable & Receivable Assist with overseeing the accounts payable process, including invoice processing, vendor payments, and expense tracking. Assist with overseeing the accounts receivable, ensuring timely collection of revenues. Compliance & Audits Help establish SOPs that will monitor internal controls to safeguard the corporation's assets, prevent fraud, and ensure the accuracy of financial data. Lead the coordination of annual external audits, providing accurate financial records and documentation. Ensure compliance with all relevant tax laws and regulations for a non-profit organization. Including IRS Form 990 compliance and preparation, and federal/state regulations. Other Duties Support payroll processing by monitoring payroll entries and cash flow management functions. Work closely with off-site accountants to oversee City-owned property. Collaborate and maintain relationships with contractors to provide smooth tracking of expenditure and payments for projects. Assist with tracking covenant compliance items to provide timely information Maintain an efficient tracking system for all transactions to be reviewed and paid. Prepare letters to coordinate information to and from Trustees. Participate in City Events as needed. Assist with ongoing system implementations. Additional duties and projects may be assigned as needed. Qualifications Bachelor’s degree in accounting, Finance, or a related field. 5+ years’ accounting experience, preferably within a non-profit, government, or economic development environment. Financial statements preparation and reporting experience required. Knowledge of non-profit accounting principles, including fund accounting, preferred. Experience with grant management is highly desirable. Compensation The salary range for this position is $105,000–$125,000 , commensurate with qualifications and experience. Work Location This is an in-office position based in Baltimore, Maryland . #J-18808-Ljbffr Baltimore Development Corporation