This pivotal role leads the lifecycle management of alternative, non-cash charitable gifts and investments - including privately held businesses, limited partnerships, real estate, and other illiquid assets. With a sharp focus on financial integrity the Investment Accountant-Alternative Assets ensures accurate valuation, reporting, and disposition of these assets in alignment with GAAP, IRS regulations, and audit standards.
Acting as a strategic connector across development, legal, investment, finance, and external advisors - this individual will safeguard the organizational risk while delivering exceptional donor support. The role is instrumental in preparing fair value disclosures and rollforwards for audited financials, reinforcing the organization's commitment to transparency and excellence in philanthropic stewardship.
The position is based in Kansas City, MO and reports to the Senior-Vice President of Finance. This salaried, exempt employee works in the office but has the potential to work hybrid after a successful in-office training period.
Responsibilities
- Asset Acceptance & Onboarding: Support due diligence for new alternative asset gifts. Coordinate onboarding of assets into internal and third-party tracking systems with accurate classification, cost basis, restrictions, and valuation inputs. Establish and document accounting treatment for each asset class.
- Tracking & Valuation: Assist in maintaining accurate and auditable records of all alternative assets, including registration status, valuation updates, and liquidity events. Assist in maintaining the alternative asset rollforward schedule required for financial statement disclosures.
- Accounting & Reporting: Ensure alternative assets are properly reflected in the general ledger and financial statements. Support preparation of schedules and documentation for external audits and tax filings.
- Operational Oversight: Track asset-related cash flows and ensure proper allocation to relevant donor-advised funds. Monitor holding periods, exit strategies, restrictions, and donor instructions.
- Cross-Functional Support: Work closely across teams to identify and report on alternative gifts and investments. Contribute to policy updates and process documentation for alternative asset acceptance, valuation, and stewardship.
This job description serves as a summary of the employment-at-will relationship and is not a contract. Responsibilities may evolve, and other duties may be assigned as needed.
