Sr Accountant (Schwab Charitable)

Job Description

Your Opportunity

Schwab Charitable, established in 1999, is an independent public charity created to increase charitable giving in the United States by offering clients simple and tax-smart giving solutions. We deliver on this mission through our Schwab Charitable FundTM, a leading national donor-advised fund. We offer our donors a strategic approach to maximize the value of their charitable giving and provide access to resources and tools that help develop lifelong charitable giving programs.

Schwab Charitable has received over $24 billion dollars in contributions since inception, and works with over 56,000 donors and over 2500 investment firms. Schwab Charitable has issued over $12 billion in grants to around 150,000 charitable organizations nationwide.

This position, which reports to the Managing Director, Accounting (Schwab Charitable) is chiefly responsible for the monthly accounting close leading to an annual external audit. This position will assist in audit preparation reporting, expense tracking, tax form preparation, state registration filings and other ad hoc reporting needs. You will primarily responsible for the reconciliation of supporting schedules used to prepare monthly financial statements. All reporting reconciliations are high volume and require high attention to detail.

What you’re good at

Responsibilities include the following:

• Prepare database reporting (which is already designed) for monthly reconciliations
• Document and monitor internal controls and procedures
• Prepare accounting reconciliations as part of the annual external financial audit
• Review and coordinate annual State Registration requirements
• Assist in annual and periodic tax reporting
• Report monthly expense spending for budget tracking
• Analyze Alternative Investment Valuation Reporting
• Identify and assist in developing opportunities to enhance the monthly reconciliation process
• Support, approve and process grants on an as needed basis during seasonal peaks in transactions
• Support and participate in organizational initiatives and projects, as needed

What you have

Required Skills:

• Bachelor’s degree required (preferably Accounting)
• Strong ability to work with large volumes of data each month in a timely and accurate manner
• Strong understanding of investment industry
• Flexible and willing to work extended hours/overtime during the year-end peak season (mid- July to September)
• Attention to detail and accuracy with ability to handle complex regulations surrounding charitable giving
• Minimum 6-8 years experience, with at least 5 in accounting and/or financial services/administration
• Hands-on general ledger accounting experience
• Strong PC skills, including proficiency in Excel spreadsheet, macro and database applications
• A Passion for charitable giving and making a difference

Preferred Skills:

• CPA, MBA, or post-graduate degree preferred
• Knowledge/experience with donor advised funds a plus
• Non-profit tax/accounting knowledge preferred
• Understanding of Alternative Investment industry preferred

Competencies:

• Self-starter with strong ability to analyze, research and resolve problems
• Strong qualitative problem solving skills
• Ability to absorb and apply complex information quickly
• Well-developed time management skills and ability to juggle competing priorities
• Highly adaptive, change-positive personality capable of working effectively within a team structure
• Ability to work collaboratively or independently