Back to jobs
New

Director, Specialized Accounting​

Boston, Massachusetts, United States; Los Angeles, California, United States; New York, New York, United States; Oakland, California, United States; Philadelphia, Pennsylvania, United States; Remote

Position Reports to: Controller 
Department: Finance
Location: US-based remote, with a strong preference for candidates within commutable distance to one of NFF’s Offices (Boston, New York, Philadelphia, Oakland, and Los Angeles) 
Salary Range: $129,400 - $143,800 

 

About Nonprofit Finance Fund  

Nonprofit Finance Fund® (NFF®) is a nonprofit lender, consultant, and advocate. Since 1980, we’ve helped organizations access the money and resources they need to realize their communities’ aspirations. Alongside others, we’re working to build community wealth and well-being and put affordable housing, essential services, quality jobs, and excellent education within reach of more people. To learn more, visit nff.org. Learn more about our work to achieve our vision through our Theory of Change and Values. 

 

About This Role 

The Director, Specialized Accounting plays a critical role in supporting NFF’s financial integrity, compliance, and operational effectiveness. This role leads key accounting work streams with a primary focus on grant accounting and compliance, New Markets Tax Credit (NMTC) accounting support, and special projects as they arise. As a nonprofit Community Development Financial Institution (CDFI), NFF integrates mission and capital across its work. This role partners closely with program, lending, and finance colleagues to ensure accurate financial reporting, strong stewardship of restricted funds, and compliance with federal and funder requirements. This Director role is well-suited for a detail-oriented, analytical professional who thrives in a collaborative, mission-driven environment.

NFF has offices in Boston, New York, Philadelphia, Oakland, and Los Angeles. This is a US-based remote role, with a strong preference for candidates within commutable distance to one of NFF’s offices. NFF has core business hours where we expect all staff to be available from 9 am to 5 pm local time, and occasional travel (20%) is required.

 

What You Will Do 

Essential responsibilities for this role include, but are not limited to: 

Grant Accounting, Compliance, and Reporting (35%) 

  • Manage financial review, accounting, and reporting for assigned grants, including federal grants subject to Single Audit requirements. 
  • Ensure timely and accurate revenue recognition for grants and contributions in accordance with GAAP, FASB guidance, and OMB Uniform Guidance (2 CFR 200). 
  • Prepare and post monthly journal entries related to grant revenue, expense allocations, and releases from restricted net assets. 
  • Maintain grant revenue, grant receivable, and net asset release schedules; reconcile schedules to the general ledger and trial balance each month. 
  • Partner with Program, Lending, and Finance teams to prepare grant financial reports and ensure alignment with funder agreements. 
  • Support post-award compliance and monitoring processes and serve as a primary accounting contact for grant-related audits. 
  • Prepare grant-related documentation and schedules for the annual financial audit and federal Single Audit.

NMTC Accounting & Reporting Support (35%) 

  • Maintain NMTC fund-related accounting records in accordance with GAAP and fund accounting standards. 
  • Reconcile NMTC fund bank accounts and related general ledger balances. 
  • Record quarterly accruals of NMTC asset management fee revenue and maintain related schedules. 
  • Track and reconcile expenses paid by NFF on behalf of NMTC funds; prepare and invoice receivables for reimbursement. 
  • Review quarterly and annual NMTC fund financial statements and draft tax returns prepared by external auditors and advisors prior to investor distribution. 
  • Support NMTC fund exits, including cash reconciliations, final financial statements, audits, and tax filings. 
  • Maintain and improve accounting processes and internal controls related to NMTC activity, identifying opportunities for efficiency and consistency. 

Financial Operations (20%) 

  • Contribute to monthly and quarterly close activities, including restricted fund reconciliations and reporting. 
  • Partner with Finance leadership on financial systems modernization, process improvement, and automation efforts. 
  • Support cross-functional projects related to financial technology implementation, workflow redesign, and continuous improvement. 

Meetings and Other Duties as Assigned (10%) 

  • Participate in internal and external meeting, department meetings, training sessions, and cross-functional collaboration as appropriate.  
  • As work and community/client needs change, assignments, projects, and job duties may evolve in support of organizational priorities. 

 

Who You Are and Minimum Qualifications 

  • A bachelor’s degree from an accredited college or university in accounting, finance, business administration or a related field or equivalent combination of relevant education, training, and relevant experience  
  • Seven (7) years of progressive professional experience in accounting or finance, preferably in a nonprofit or mission-driven organization 
  • Demonstrated experience with nonprofit Generally Accepted Accounting Principles (GAAP), restricted fund accounting, cost allocation, and audit support 
  • Working knowledge of federal grant compliance and reporting requirements 
  • Strong proficiency with accounting systems, financial reporting tools, and Microsoft Excel

 

The Strongest Candidates Will 

  • Be committed to NFF’s values, mission, and approach to community impact 
  • Understand CDFIs and their role in nonprofit financing  
  • Work independently and effectively in a remote environment and build strong, trust-based relationships with colleagues and partners across geographies and time zones in a highly matrixed organization  
  • Have strong attention to detail and well-developed reconciliation and review skills 
  • Communicate clearly and proactively and partner effectively across teams 
  • Manage multiple priorities, meet deadlines, and exercise sound judgment in a fast-paced environment 
  • Collaborate with a dynamic and mission-driven team  
  • Demonstrate a learning orientation and commitment to continuous learning and improvement  
  • Thrive in a fast-paced, changing, and at times ambiguous context  
  • Leverage online collaboration tools, Salesforce, and Microsoft Office 

 

Benefits and Compensation 

NFF offers a generous benefits package that currently includes up to twenty (20) paid holidays/business closure days, three (3) floating holidays, flexible time off, group medical insurance with a funded health reimbursement account, dental and vision plans, life insurance and disability plans, a retirement plan with both a non-elective employer contribution (4%) and additional match contribution (up to 2%), a “work from home” fund, and flexible spending accounts to cover health, dependent care, and commuter costs.

This is a full-time role with an annual compensation range of $129,400 - $143,800. A compensation offer is based on a candidate’s background and years of relevant experience, with consideration for internal equity. Because of our strong commitment to equity and growth, we do not negotiate compensation offers. 

Create a Job Alert

Interested in building your career at Nonprofit Finance Fund? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Select...
Select...
Select...
Select...
If the position you are applying for can be based out of any of our 5 offices, please check off which NFF office(s) you are interested in.  *

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Nonprofit Finance Fund’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.