Investment And Finance Operations Associate

Reports to: Director of Investments Position Status: Full-Time, Non- Exempt, Permanent

Location: On-Site/Hybrid (3 days in office)

Hiring Salary Range: $44,000-49,600

POSITION SUMMARY

The investment and finance operations associate is responsible for the day-to-day support operations of the Investment and Finance team. The position will be exposed to all facets of the investment process of the Foundation as well as the additional accounting and grant making operations of the organization. The position will be on the frontline of the organization relative to coordinating and documenting the various relationships managed and established by the department. This person will be working closely with the members of the Investment team to schedule appointments and manage the data of the $1 billion in invested assets. This position is an entry-level position with the potential and expectation for advancement.

PRIMARY DUTIES AND RESPONSIBILITIES

• Investment database maintenance, including cost-basis management, transaction entry, data feed setup and valuation updates.

• Maintain and update contact relationship management (CRM) database.

• Scheduling and preparation for investment- and finance-related meetings, including the following Board committees: Finance, Audit, Investment and Retirement.

• Capital call preparation and administration.

• Investment document preparation and file management for both direct investment relationships and third-party relationships.

• Shared departmental duties between the Investment and Fin/Ops department.

• Investment- and finance-related filing and support.

• Administrative support for the Investment and Finance functions, including mail review and distribution.

• Communication and coordination with investment partners.

• Research and report preparation for annual Third-Party Investment Manager meetings.

• Audit support preparation and documentation.

• Special projects and other duties as assigned.

KEY SKILLS AND ABILITIES • Proven ability to work successfully with diverse populations and demonstrated commitment to promote and enhance diversity, equity and inclusion. • Commitment to the Foundation’s values of accountability, collaboration, community, racial justice and trust.

• Strong written and verbal communications skills.

• Attention to detail and accuracy.

• Flexible, responsive and collaborative work style with a strong service mentality.

• Understanding of asset management and accounting concepts, including cost basis verses market value and investment reporting.

• Experience with Microsoft Office suite and proficiency with Excel.

• Experience with data reporting and analysis.

• A passion for the institutional stewardship of community focused assets.

QUALIFICATIONS AND EXPERIENCE

• Finance or similar undergraduate degree preferred or combination of experience/education in lieu of degree.

• Experience working in a support role within an investment office, either for an institution or an investment advisory firm is preferred.

• Demonstrated knowledge of investment industry terms and operations.

• Experience with investment or financial data systems preferred.

TO APPLY

Interested candidates should apply with your resume and cover letter here by April 21.

No phone calls please.

THE PITTSBURGH FOUNDATION IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY, EQUITY AND INCLUSION.

BENEFITS

• Medical insurance

• Dental insurance

• Vision insurance

• Group life insurance

• Disability insurance

• Maternity and paternity leave

• Flexible spending accounts

• Three weeks’ vacation

• Ten paid holidays

• Retirement plan with employer contribution

• Commuter benefits

• Gym reimbursement

• Employee assistance program

ABOUT THE PITTSBURGH FOUNDATION

OUR MISSION: The Pittsburgh Foundation, established in 1945, works to improve the quality of life in the Pittsburgh region by evaluating and addressing community issues, promoting responsible philanthropy and connecting donors to the critical needs of the community.

OUR VISION: We commit to creating a vibrant, equitable and just Pittsburgh Region that supports everyone, regardless of race, identity or circumstance- to thrive and fulfill their potential.

OUR VALUES: Since its founding in 1945, The Pittsburgh Foundation's values have been evident in the deep relationships its people have forged in the region. As new strategies are developed to improve

quality of life for everyone, the staff has identified these values and pledged to follow them in the work. Accountability: We act with transparency and integrity, fulfilling our commitments and owning the outcomes of our decisions.

Collaboration: We unite in our work together to increase impact in our community for the collective greater good.

Community: We embrace the opportunity to learn from those we serve and those who serve us to help shape solutions.

Racial Justice: We work to enact fundamental systemic changes by eliminating policies, laws, practices, attitudes and cultural messages that reinforce differential outcomes by race.

Trust: We have faith in our communities and earn their confidence by demonstrating competency, honesty and positive intent.

Learn more at www.pittsburghfoundation.org.

Job Type: Full-time

Pay: $44,000.00 - $49,600.00 per year

Benefits:

• Paid time off
• Life insurance
• Flexible spending account
• Dental insurance
• 401(k)
• Vision insurance
• Health insurance
• 401(k) matching

Schedule:

• Monday to Friday
• 8 hour shift
• Weekend availability

Ability to commute/relocate:

• Pittsburgh, PA 15222: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Microsoft Excel: 1 year (Preferred)
• Microsoft Powerpoint: 1 year (Preferred)

Work Location: Hybrid remote in Pittsburgh, PA 15222