Director of Accounting

Description

ABOUT ICF

Since 1988, The Idaho Community Foundation has helped generous Idahoans strengthen the communities they call home—through philanthropy, by elevating nonprofit impact, and by connecting people and places across the state.

In 2024, we took a bold step forward by uniting with the Idaho Nonprofit Center—bringing together philanthropy and nonprofit excellence to better serve Idaho. Grounded in trust, collaboration, and a shared belief in what's possible, we're investing in solutions that help communities thrive. Our vision is simple:
Idaho is a place of possibility where everyone contributes to thriving communities. Join us—and let’s make more good possible.

POSITION SUMMARY

The Director of Accounting is an experienced finance professional responsible for the day-to‑day leadership and oversight of the Foundation’s accounting operations. This role ensures the accuracy, integrity, and compliance of financial records while supporting the sound financial stewardship of charitable funds, endowments, and grants.

Reporting to the Vice President, Finance and Operations (VPFO), the Director of Accounting provides leadership to the accounting team, maintains strong internal controls, and ensures timely and accurate financial reporting. This position plays a key role in advancing the Foundation’s strategic and philanthropic objectives through collaboration across the organization and commitment to financial excellence.

ESSENTIAL FUNCTIONS

The essential functions include, but are not limited to the following:

Leadership and Collaboration

• Supervise, mentor and support the accounting team, providing hands on assistance and backup as needed.
• Participate with other departmental Team Leads to foster collaboration and support the successful achievement of organizational goals.

Accounting and Financial Reporting

• Ensure compliance with applicable accounting standards regulatory requirements, and the organizational policies through documentation, training, and cross functional collaboration.
• Prepare and review financial reports and statements in conjunction with VPFO.
• Develop, maintain, and update accounting policies, procedures, internal controls, and financial and accounting best practices.
• Identify and implement efficiencies and improvements utilizing software and best practices.
• Lead the annual external audit including preparation of schedules, documentation, and auditor communication.
• Lead the annual completion of Forms 990 and other required regulatory reports and filings.
• Provide specialized financial reporting, training and support to staff across the organization.
• Stay current on nonprofit accounting standards, regulatory requirements, and best practices.

Fund, Cash, and Investment Management

• Monitor daily cash balances and liquidity needs and oversee related reconciliations.
• Reconcile investment accounts and allocate investment returns to funds.
  
  Establish and maintain funds and related fund structures within the Foundation’s financial system.
• Assess management and investment fees to funds according to organizational policies and timelines.
• Determine and monitor endowed fund spendable amounts.
• Support staff in responding to donor, fundholder, and nonprofit partner inquiries.

Gifts, Program Services and Other Accounts Receivable

• Oversee accurate and timely accounting for all revenue streams including gifts, grants, program services, and special events.
• Ensure donor intent and gift restrictions are accurately recorded, tracked and monitored.
• Direct the reconciliation and monitoring of all accounts' receivable balances.
• Ensure all fund financial activity is accurately recorded and reconciled within the financial and Customer Relationship Management (CRM) systems.

Grants, Scholarships and Other Accounts Payable

• Ov…