A humble college founded before Texas was a state, Baylor now stands as one of the premier institutions of higher education in the world. Baylor has continued to invest in research and doctoral education, both solidifying and elevating its unique status as a preeminent Christian research university. Baylor is among 187 R1 institutions, just 52 of which are private universities.
Since 2011, Baylor has been named as one of the nation’s “ Great Colleges to Work For ”. Great Colleges to Work For® is one of the country’s largest and most respected workplace recognition programs. Each year, Great Colleges recognizes the colleges and universities that get top employee ratings regarding workplace practices and policies across 10 areas. This recognition is based on faculty and staff responses to a related annual survey. The survey, conducted by ModernThink, is a way for colleges and universities to gain a deeper understanding of how their employees experience and view various aspects of the institution. This continued recognition further affirms Baylor as a rewarding place to build a career.
What We are Looking For
The Associate Director/Director of Investment Accounting provides strategic leadership and oversight of the University’s investment accounting and reporting functions, ensuring accuracy, transparency, and compliance with U.S. GAAP, donor requirements, and higher education regulations. This role manages the accounting, valuation, and reporting of complex investment portfolios, including endowments and split-interest agreements, while maintaining strong internal controls and fiduciary standards. The position serves as a key liaison with internal stakeholders, external managers, and auditors to support informed decision-making and uphold financial integrity.
A bachelor's degree, three years of relevant experience and a CPA license are required. A master's degree and five years of relevant experience are preferred.
The successful candidate will demonstrate:
- Strong technical accounting expertise, including experience with complex investment vehicles and endowment accounting
- Exceptional analytical ability with a high level of accuracy and attention to detail
- Ability to manage multiple priorities, meet deadlines, and perform all required tasks effectively, both independently and collaboratively
- Capacity to build effective working relationships across all levels of the organization
- Sound judgment, professionalism, and the ability to manage sensitive information with strict confidentiality
- Clear and effective written and verbal communication skills
- Professionalism, tact, and diplomacy when navigating complex or sensitive situations with diverse stakeholders
- Prior experience in nonprofit, college, or university environments preferred
Ability to critically evaluate existing processes and identify opportunities for continuous improvement
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Applicants must be authorized to work full-time in the United States.
What You Will Do
- Prepare and/or coordinate, review and approve monthly market value adjustments to sub-fund report, investment manager reports, bank trust statements, stock, bond, and real estate holdings
- Directs the University’s investment accounting and reporting functions, including maintaining close collaboration with the Investment Office, overseeing preparation of investment journal entries and receipts, and reviewing or preparing investment allocation reports
- Direct the accounting for the University’s non-operating funds, including preparation and review of journal entries and oversight of investment reporting (monthly endowment balances, analyses and changes, annuity trial balance, and restricted non-scholarship trial balance reports)
- Oversee calculation and recording of endowment and investment earnings for budgeting and planning, including maintaining the endowment model and dividend calculations, projecting distributions for endowment and endowed chair accounts, coordinating account listings, and communicating projections to the Budget Office, Financial Aid, Provost, and academic business offices
- Conduct the review, analysis, reconciliation and correction of transactions and balances in the non-operating accounts
- Oversee and/or prepare audit workpapers and financial statement footnotes for endowment and investments, and coordinate investment accounting matters with external auditors
- Perform all other duties as assigned to support Baylor’s mission
- Ability to comply with University policies
Maintain regular and punctual attendance
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What You Can Expect
As part of the Baylor family, eligible employees receive a comprehensive benefits package that includes medical, dental, and vision insurance, generous time off, tuition remission, and outstanding automatic retirement contributions. Baylor has a comprehensive benefits plan that supports you and your family’s wellbeing and allows you to be a part of the life of a vibrant and active college campus. To learn more, go to Baylor Benefits & Advantages .
Explore & Engage
Learn more about Baylor and our strategic vision, Baylor in Deeds . Also, explore our great hometown of Waco and the many opportunities to engage locally . If you are new to Central Texas, This is Waco !
Baylor University, a private not-for-profit university affiliated with the Baptist General Convention of Texas, is committed to compliance with all applicable anti-discrimination laws, including those regarding age, race, color, sex, national origin, military service, genetic information, and disability. Baylor complies with statutory Affirmative Action/Equal Opportunity requirements. Baylor's full official Notice of Non-Discrimination may be read online.
