The Senior Manager, Charitable Accounting, will report to the Director of Accounting and serve as the primary technical accounting and compliance authority for Augusta National’s not-for-profit entities, including Masters Tournament Foundation (private foundation), Masters Tournament Charities (public charity), and all affiliated LLCs. This role holds primary ownership accountability across a broad portfolio of responsibilities spanning fund accounting, ASC 958 application, tax compliance, regulatory filings, grant management, and entity-level financial reporting. The position provides senior-level technical leadership on complex not-for-profit accounting matters and communicates conclusions and recommendations clearly to stakeholders. This role operates with significant autonomy and is accountable for the integrity and completeness of all charitable accounting and compliance functions. As a hands-on leader, the Senior Manager provides leadership and review, a meaningful portion of the most complex accounting and compliance work, including technical analyses, tax form preparation, and financial reporting for charitable entities, is prepared directly by this individual. The right candidate is equally comfortable setting strategy and sitting in the details.
This position is a full-time, on-site role in Augusta, GA.
Job Responsibilities
- Serve as primary technical accounting authority for not-for-profit entities; research, analyze, and document complex accounting issues including ASC 958 net asset classification, ASC 820 fair value measurement, and planned gift accounting.
- Communicate financial results, technical accounting positions, and regulatory compliance status clearly to executive level stakeholders; prepare board level financial reports and program-level financial narratives.
- Own the design, maintenance, and application of the fund accounting structure; ensure compliance with ASC 958 for net asset classification, restricted revenue recognition, contribution accounting, endowment spending policy monitoring, and fund balance reconciliations across all charitable entities.
- Serve as primary liaison to external auditors and tax preparers; manage the audit relationship, prepare and review PBC schedules, resolve audit findings, and own the preparation of financial inputs for Forms 990, 990-PF, 990-T, and all supporting schedules (D, I, J, R, F).
- Lead regulatory and tax compliance for all charitable entities, including IRC §4958 excess benefit transaction documentation, UBIT analysis and Form 990-T preparation, public support test calculations and donor concentration risk assessment, state charitable registration renewals, property tax exemption filings, and gift acknowledgment and Form 8283 compliance.
- Supervise, mentor, and develop team; review and approve work product, set performance expectations, and build team capacity to execute routine accounting and month-end close processes accurately and reliably.
- Prepare financial statements for MTC and affiliated entities in accordance with GAAP and ASC 958; oversee month-end close, investment and unrealized gain/loss accounting, and entity-level consolidation where applicable.
- Own program-level financial reporting and analysis across charitable programs; prepare and deliver budget-to-actual reports, variance analysis, and financial narratives for program directors, executive leadership, and external grantors and funding partners.
- Maintain and continuously strengthen internal controls, accounting policies, and SOPs across all charitable accounting functions; ensure documentation integrity and audit-readiness.
- Support entity-level transactions and strategic initiatives, including migration accounting, entity maintenance and dissolution filings, related-party transaction documentation, real property transaction analysis, tax credit evaluation, and other complex projects as directed by leadership.
- Participate in and help lead cross-functional initiatives requiring charitable accounting or tax expertise, including coordination with Finance, Legal, and program teams on entity governance, strategy, and compliance matters.
- Performs other duties which are deemed by management to be an important part of the job.
- Physical demands are outlined immediately below.
Physical Demands
- Acceptable level of hearing and vision to perform job duties.
- Occasionally required to walk and work with hands and arms, lift up to 25 pounds, and/or drive a golf cart.
- Constantly required to sit, sometimes for several hours at a time, and use their hands and fingers to operate a computer.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions
Qualifications
Skills/Knowledge/Attributes
- Excellent communication, interpersonal, and collaboration skills
- Ability to manage multiple priorities
- Strong analytical, problem-solving, and organizational skills with a high attention to detail
- Deep technical knowledge of GAAP with particular expertise in not-for-profit accounting standards (ASC 958, ASC 820), fund accounting, and not-for-profit tax compliance including Forms 990, 990-PF, 990-T, and related schedules; familiarity with IRC §4958, UBIT rules, public support tests, and grant compliance requirements
- Experience with complex tax credit structures, specifically related to NMTC (New Market Tax Credits) transactions
- Commitment to maintaining confidentiality of sensitive financial and organizational data
- Advanced Microsoft Excel skills
Relative Experience/Education
- Bachelor’s degree in Accounting or Finance required
- Five plus years of accounting experience with significant not-for-profit accounting and tax compliance exposure required; experience with public charities strongly preferred
- Two plus years of progressive leadership experience required
- CPA preferred
- ERP system experience
Required License(s)
- Possess a valid driver’s license and/or successfully complete the Club’s internal motor vehicle training program
Projected Work Schedule
Normal work hours are 8:30 am to 5:00 pm, Monday through Friday. Must be available to work nights, weekends, and holidays.
Work Authorization & Sponsorship
Applicants must be legally authorized to work in the United States at the time of hire. We are unable to provide visa sponsorship for this position.
