Accountant (Hybrid)

Springfield, MA


Everything we do begins with local generosity: People in our region who want to give back to their communities in Franklin, Hampden, and Hampshire counties. When our donors give to us, they know that their gifts will be invested, stewarded, and shared to support people where they need it most.

As your community foundation, we’re passionate about serving by bringing together resources, expertise, and devoted regional partners to tackle complex and complicated issues. We’re deeply devoted to seeking solutions, building connections, and collaborating to have an effective and positive impact where we live.

CFWM is committed to working together across our community to increasing equity and opportunity so that all who live in our three counties have access to a satisfying quality of life.  


Our hybrid model is designed to keep community at the heart of what we do. We offer a hybrid workplace as part of our ongoing efforts to respond to employees’ needs and feedback that allows for individual needs to be met while balancing our ability to collaborate and build relationships in our workplace and across our community. We continue to recognize that some of our work can be done remotely, some work must be performed in the office, and much of our work takes place in our travels and activities throughout the region. All employees are required to come into the office, and work across the region for some CFWM events and activities. Some positions may require more of an office or community presence than others.


The accountant is responsible for performing the Foundation’s accounting duties including various accounting journals, general ledger, accounts payable, monthly recording of market valuations for investment pools, prepare audit schedules for year-end financial audit and preparation of 990 and other tax filings, support annual budget preparation. All programs and projects are developed and implemented in alignment with our strategic priorities including diversity, equity, and inclusion, education, arts and creativity, and capacity building.   


  • You are interested in beginning a career in accounting
  • You are passionate about the work of CFWM and the Western Massachusetts community
  • You are analytical and have strong attention to detail
  • You have strong communication skills
  • You are organized and have the ability to manage multiple tasks
  • You have the ability to work independently when needed and enjoy working collaboratively with others
  • You prioritize diversity, equity, and inclusion in your workspace


Financial accounting and reporting

  • Process accounts payable - review of invoices, review coding and approval, allocating, posting, printing and prepping for signature AP checks
  • Download and record bi-weekly payroll and submit 401(k) employee and employer contributions.
  • Prepare and post journal entries including recurring entries, investment transfers, cash calls, depreciation, and cash receipts other than gifts.
  • Reconcile corporate credit card, post entries
  • Attend Audit & Finance Committee meetings


  • Support budget prep as required and import it to Foundant


  • Review investment account activity, make JE’s and update DHK Investment report.
  • Monitor and sell any stock gifts and provide documentation to accounting manager and development for gift recording.

Cash Management

  • Monitor cash balances and provide cash flow requirements to Accounting Manager
  • Run cash management reports to support rebalancing needed between the checking and investment portfolios as needed.
  • Review outstanding checks monthly for voiding and reissuing
  • In conjunction with Accounting Manager, implement ACH payments

Loans & Scholarships

  • Respond to any calls relating to the Student Loans
  • Verify and post student loans and payments from ECSI & Security Credit. Verify new loan uploads to ECSI
  • Furnish loan history information from SC & ECSI to VP Community Impact to support loan cancellations, special payment requests

Annual Audit & Tax Returns

  • Prepare schedules for year-end audit and preparation of 990 and state tax filings
  • Prepare all 1099’s (MISC for vendors, C for loan cancellations, R for annuitants)
  • Assist in preparation of related footnote disclosures.


  • Write & update internal accounting procedures. Create and implement process improvements. Assist staff in other departments with financial issues and questions. Work as a member of intra-departmental teams as appropriate, to ensure the effective and efficient operations of the Foundation. Provide research and analysis on other projects as requested.


  • Associate’s or Bachelor’s Degree with Accounting course work required 


  • Minimum of 2 years relevant experience.  Knowledge of and experience in nonprofit accounting, preferred. 


  • Understanding of GAAP accounting principles, financial record-keeping, and nonprofit tax filings.
  • Fully proficient in use of computerized accounting systems, Microsoft Excel and relational databases. 
  • Ability to effectively communicate within and outside the organization. 
  • Strong commitment to the local community and demonstrated commitment to diversity, equity, and inclusion.
  • Strong collaboration skills and problem-solving mentality.

The Community Foundation supports a hybrid and flexible work environment.  Due to the nature of the work, it is expected that the incumbent will work in the office 2 days per week for check processing as well as in person staff meetings.

JOB CODE: 1000011