What are the responsibilities and job description for the Associate II, Financial Operations (Reconciliation) position at AMERICAN ENDOWMENT FOUNDATION?
Job Details
Description
Position Title Associate II, Financial Operations (Reconciliation)
Reports to Associate Director, Reconciliation
Classification Non-Exempt
ABOUT AEF
Make an impact from day one. A career at American Endowment Foundation (AEF) is more than just a job—it’s a chance to make a real difference and be part of something bigger. At AEF, we understand the difference between a workplace and a place where you can truly thrive. We offer a flexible, dynamic environment where your contributions matter, and our people-driven culture fosters inclusivity and collaboration at every level. If you’re ready to be part of an organization that champions innovation, integrity, and impact, we want to hear from you.
Headquartered in Hudson, Ohio, a suburb of Cleveland, AEF is one of the nation’s largest independent donor-advised fund (DAF) sponsors. Not familiar with a DAF? It’s the fastest-growing charitable giving option in the country, enabling individuals to support the causes that matter most to them. AEF is the trusted sponsor that makes it all happen. We proudly serve over 14,000 charitable individuals, nearly 6,000 financial advisors, and 2,500 partnering firms across the financial services industry.
Every day, we go above and beyond to deliver a best-in-class client experience, exceed expectations, and drive positive change. When you join AEF, you’re joining a team committed to making a lasting impact and helping others do the same. Ready to make your mark and be part of something extraordinary? It starts here.
POSITION SUMMARY
The Associate II, Financial Operations is responsible for reconciling Donor Advised Fund (DAF) investment accounts and preparing digital statements on a quarterly basis, as well as reviewing transactions within those investment accounts daily to ensure AEF’s internal accounting software aligns with the investment accounts. Other duties include the processing of closed accounts and DAFs.
ESSENTIAL RESPONSIBILITIES
- Review and resolve account balances daily to confirm account status.
- Identify new or additional money in investment account.
- Identify unprocessed withdrawals from the investment account and prepare statements.
- Track and reconcile final account balances of closing investment accounts and DAFs, including but not limited to liquidity accounts.
- Track and recognize investment account activity by assisting in identification of gifts and account transfers to the investment account and confirm process transfer requests, as appropriate.
- Other accounting, financial or administrative tasks may be occasionally required as assigned by the Associate Director, Reconciliation.
Qualifications
SKILLS AND QUALIFICATIONS
- Associate degree in accounting, finance, or a related field is preferred
- 3 or more years of experience
- Intermediate accounting skills, with accounting or bookkeeping experience preferred
- Basic understanding of personal finance and investment industries preferred
- Meticulous attention to detail, ensuring accuracy and thoroughness
- Critical thinking for problem-solving and implementing process improvements
- Ability to work in an organized manner, manage time effectively, and prioritize tasks
- Intermediate Microsoft Office skills (Excel, Word, PowerPoint, SharePoint, Teams)
