H-1B Visa Fund Accountant Jobs
Fund Accountant roles in private equity, hedge funds, and fund administration firms qualify as H-1B visa specialty occupations under the accounting and finance SOC codes. Employers in this space have consistent H-1B filing history, and many run cap-exempt or fiscal-year hiring cycles that align well with the April 1 petition window.
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INTRODUCTION
The University of Tennessee Foundation, Inc. (UTFI) invites applications and nominations to fill the position of Director of Fund Administration for the UT Knoxville Division of Advancement. Reporting to the Executive Director of Fund Administration, the Director of Fund Administration is responsible for providing strategic and operational leadership for the gift agreement and fund establishment function at the University of Tennessee, Knoxville, setting policy and direction for the end-to-end lifecycle from gift agreement intake through fund and account creation.
The purpose of this position is to serve as the principal strategic leader for the gift agreement and fund establishment lifecycle at the University of Tennessee, Knoxville. This role will set policy, manage risk, and direct performance across the full agreement-to-fund lifecycle in support of the university's philanthropic mission. The Director will also serve as the Executive Director's primary delegate on fund administration policy and precedent-setting agreement decisions and represent the function in cross-institutional settings.
ROLE AND RESPONSIBILITIES
Job responsibilities include, but are not limited to:
Strategic and Policy Leadership: Set strategy, policy, and service standards for the gift agreement and fund establishment lifecycle across UT Knoxville, ensuring alignment with UPMIFA, IRS requirements, institutional policy, and donor intent. Direct prioritization of the intake and drafting function, evaluate and approve changes to gift agreement templates and standard terms, establish service and quality standards, and serve as the primary point of escalation for complex intake matters.
Governance, Risk, and Executive-Level Agreement Resolution: Direct internal and campus review of gift agreements and manage the routing relationship with UTFI, General Counsel, and campus leadership through full execution. Exercise independent authority to resolve complex donor intent issues and non-standard terms, escalating matters involving institutional risk or precedent as appropriate. Ensure the integrity, proper recording, imaging, and retention of executed agreements and oversee the function's overall compliance posture.
Team Leadership & Organizational Development: Provide direct supervision, performance management, professional development, and workload direction for fund administration staff. Oversee the creation and integrity of new endowed and non-endowed funds in systems of record and the reconciliation of discrepancies before handoff to payout administration. Lead process improvement, training, and documentation initiatives; contribute to resource planning; and represent Fund Administration on cross-institutional committees and initiatives.
BASIC QUALIFICATIONS
The candidate who fills the Director of Fund Administration position is required to have:
- Bachelor’s degree.
- 5 or more years of progressive experience in Advancement Services, Gift Administration, Fund Administration, Development Operations, higher education finance or business administration, nonprofit administration, or a similarly relevant field.
- 2 years of supervisory experience, which may include supervision of interns, students, and/or volunteers.
Note: Candidates holding a master’s degree must have at least 3 years of experience outlined above.
PREFERRED QUALIFICATIONS
In addition to meeting the required qualifications, the preferred candidate will have:
- Master’s degree.
- 8 or more years of experience in advancement services or fund administration.
- Experience in a major public research university or university foundation.
- Experience with campaign gift administration.
- Leadership or supervisory experience that includes completing performance reviews and coaching.
- Experience with process improvement or workflow automation initiatives.
- Experience with endowed fund creation and administration.
- A demonstrated track record of strong performance and sound judgment in progressively responsible roles, including relevant experience outside of fund or gift administration.
APPLICATION PROCESS
Priority will be given to applications received on or before October 9th, via our DASH application system. Applications must include a completed candidate profile, cover letter, resume, and contact information for three professional references. References will not be contacted without explicit permission of the candidate.
When determining minimum qualifications, only information entered into the candidate profile can be considered. Please ensure your candidate profile is completed in its entirety as it relates to qualifying education/work experience.
Questions about the search may be directed to hr@utfi.org.
Target Start Date: Fall 2026
BENEFITS
The Foundation’s greatest asset is our team. Foundation employees are eligible for a comprehensive suite of benefits that includes:
- Generous paid leave, accruing up to 24 days of vacation and 12 days of sick leave annually, plus 14 paid holidays and administrative closing days
- Flexible work arrangements, offering a hybrid schedule to most team members
- Education benefits for employees and their dependents at UT System campuses
- Retirement and deferred compensation plans, including 401(k), 403(b), etc.
- Comprehensive medical, dental, and vision insurance plans
- Employee discounts to attractions, services, and goods
The Foundation:
The University of Tennessee Foundation, Inc. is a not-for-profit 501(c)3 organization that serves as the preferred channel for private contributions benefiting students and faculty within the UT System. With a vision of being one of the top-performing advancement organizations in higher education, UTFI is committed to enhancing the educational landscape across the University of Tennessee campuses.
The University of Tennessee, Knoxville, has been advancing knowledge and enriching lives since its founding in 1794. Tennessee’s flagship public research university, UT Knoxville is a diverse community whose shared commitment to discovery, creativity, and education combines with a tradition of service and engagement to carry the Volunteer spirit throughout the state and around the world. UT’s campus—home to more than 36,000 students and 9,000 faculty and staff members—is part of the vibrant city of Knoxville, located on the Tennessee River with the Great Smoky Mountains nearby.
The UT System:
The University of Tennessee System is comprised of campuses at Knoxville, Chattanooga, Pulaski, Martin and the Health Science Center at Memphis; the Institute of Agriculture; and the Institute for Public Service.
The University of Tennessee Foundation, Inc. is an EEO/AA/Title VI/Title IX/Section 504/ADA/ADEA employer. All qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity, age, physical or mental disability, genetic information, veteran status, and parental status, or any other characteristic protected by federal or state law.
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Get Access To All JobsTips for Finding H-1B Visa Sponsorship as a Fund Accountant
Align your credentials with specialty occupation standards
USCIS requires your degree to directly relate to fund accounting. A general business degree may trigger an RFE. A CPA, CFA, or a degree in accounting, finance, or economics strengthens the specialty occupation argument your employer will need to make.
Target fund administrators over corporate treasury teams
Third-party fund administrators like transfer agents and NAV calculation firms file H-1B petitions routinely for this role. Their petition language is already established, reducing your risk of an RFE compared to a first-time corporate sponsor.
Search verified H-1B sponsors on Migrate Mate
Filter Fund Accountant roles by employers with active LCA filing history. Migrate Mate surfaces DOL Labor Condition Application data so you can see which firms have sponsored this specific role before, not just which ones hire accountants generally.
Verify the prevailing wage level before accepting an offer
Your employer's LCA must certify a wage at or above DOL's prevailing wage for your SOC code and metro area. Use the OFLC Wage Search to check the Level I through Level IV thresholds before negotiating, so your offer clears the certified wage without revision.
Ask whether your employer uses premium processing
USCIS premium processing guarantees a 15-business-day adjudication decision. For fund accounting roles with a hard start date tied to a fund launch or audit cycle, confirm during the offer stage whether your employer will file premium, since standard processing can run several months.
Account for the cap-gap window if you're on OPT
If your OPT expires before October 1 and your H-1B petition is selected in the lottery, the cap-gap rule extends your work authorization automatically. Your employer needs to file before your OPT end date for cap-gap protection to apply.
H-1B Visa Fund Accountant: Frequently Asked Questions
Does a Fund Accountant role qualify as an H-1B specialty occupation?
Yes. Fund Accountant positions qualify as specialty occupations because USCIS requires a theoretical and practical application of highly specialized knowledge, and the role typically demands at least a bachelor's degree in accounting, finance, or a related field. Employers in fund administration and asset management have well-established petition language for this occupation, which reduces the risk of a specialty occupation challenge.
Which types of employers sponsor H-1B visas for Fund Accountants?
Third-party fund administrators, private equity firms, hedge funds, and mutual fund companies are the most consistent H-1B sponsors for this role. Fund administrators are particularly active filers because they staff large accounting teams across NAV calculation, investor reporting, and regulatory compliance functions. You can find employers with verified H-1B filing history for Fund Accountant roles on Migrate Mate, filtered by LCA data.
How does the DOL prevailing wage requirement affect Fund Accountant H-1B petitions?
Before USCIS can approve your H-1B petition, your employer must file a Labor Condition Application certifying your wage meets or exceeds the DOL prevailing wage for your job title, SOC code, and work location. Fund Accountant wages vary significantly by metro area and experience level. Use the OFLC Wage Search to look up the applicable wage level before your offer letter is finalized.
Can a Fund Accountant employer file H-1B petitions outside the annual lottery cap?
Cap-exempt filings are available only if the employer is a qualifying institution such as a university, nonprofit research organization, or government research entity. Most fund administrators and asset managers are for-profit companies subject to the 85,000-slot annual cap and the April lottery registration window. If you're on F-1 OPT, your employer must register in March for an October 1 start date.
What documents should a Fund Accountant prepare before H-1B sponsorship begins?
Your employer's immigration counsel will need your official transcripts, degree certificates, and a detailed resume showing your accounting and fund operations responsibilities. If your degree is from outside the U.S., a credential evaluation from a NACES-member agency establishing U.S. degree equivalency is typically required. CPA or CFA documentation can also support the specialty occupation argument in your petition.