Gift Processing Coordinator

3 weeks ago

Newton, United States InSource Full time

Gift Processing Coordinator

Company Overview:

Join our team at UMASS Foundation, a leading Foundation based in Newton, MA, dedicated to advancing philanthropy and supporting vital causes. We are seeking a meticulous and organized Gift Processing Coordinator to join our Finance department. As part of our team, you'll play a crucial role in managing endowment funds, processing gifts, and ensuring the accurate recording of financial transactions.

Position Overview:

As a Gift Processing Coordinator, you will report directly to the Controller and collaborate closely with the Finance and Legal teams. Your primary responsibility will involve processing and recording gift receipts efficiently into our Foundation's systems, maintaining accurate records, and supporting key financial processes.

Key Responsibilities:

Process and record gift receipts promptly and accurately into the Foundation's database.

Establish new endowment funds in the general ledger in collaboration with finance and legal team members.

Maintain and update incoming check logs and ACH wires for all Foundation gifts, including matching gifts and gifts from donor-advised funds.

Research and identify check issuer, donor name, campus, and purpose for all incoming donations.

Assist with weekly check deposits and initiate fund transfers between bank accounts.

Coordinate administrative logistics for all gift agreements and maintain gift agreement tracking workbooks.

Generate reports on new, amended, and terminated endowments for the President's Office.

Maintain the donor database and research donor information for accurate record-keeping.

Provide administrative support to ensure efficient business operations within the Finance department.

Support month-end closing processes, year-end audit, and other finance-related projects as assigned.

Requirements:

Bachelor's degree preferred in Accounting, Finance, or Business Administration.

1+ years of experience in accounting or endowment management, or relevant internship experience.

Familiarity with cloud-based accounting software is preferred.

Proficient in Microsoft Office applications, especially Excel and Word.

Strong attention to detail, problem-solving skills, and ability to handle multiple tasks efficiently.

Location:

Newton, MA

Why Join Us:

Be part of a dynamic team dedicated to making a positive impact through philanthropy.

Opportunity to grow and develop within a supportive and collaborative work environment.

Competitive salary and benefits package.

If you're looking for a rewarding opportunity to contribute to a mission-driven organization and possess the required qualifications, we invite you to apply for the Gift Processing Coordinator position. Please submit your resume and cover letter highlighting your relevant experience and why you are interested in joining our team. We look forward to hearing from you

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