- Formulate financial policies and procedures, ensuring consistency and compliance with Board of Directors' policies, state and federal fiscal management laws and regulations, and generally accepted accounting standards
- Direct and coordinate financial statement preparations, tax return filings and disbursements of funds
- Report current financial status to the Executive Director/CEO, Board of Directors, Operating, Audit, and Investment Committees
- Prepare and monitor annual operating budgets
- Manage banking and investment consultant relationships
- Oversee the financial management of Foundation assets
- Other duties as assigned
- Seven years of progressive accounting or financial management experience including leadership of finance/accounting teams
- Four years of investment accounting experience including assessing and managing business risk
- Bachelor's Degree in Accounting, Finance, Business Administration or Marketing OR a Master's Degree in Accounting
- CPA, CMA, CGFM or equivalent other accounting certification
- Ability to travel
- Ability to work nonstandard extended hours with a flexible schedule, which may include weekends and holidays
- Must have valid driver's license and ability to meet U of I driving requirements
- Master's degree in Accounting, Tax, Finance, Business Administration or Data Analytics
- Two years in a senior financial management role for a complex organization
- Two years managing and assessing financial and business risk, including contract negotiation
- Experience facilitating financial system, process and/or procedural changes
- Experience interfacing with senior management, staff, a board of directors, and various external constituents and partners to develop, model, and implement creative financial management strategies
- None
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Foundation Chief Finance Officer - Moscow, United States - University of Idaho
Description
Position DetailsPosition Information
Internal Posting?
Posting Number
SP004394P
Position Title
Foundation Chief Finance Officer
Division/College
UI Foundation
Department
UI Foundation
Location
Moscow
Posting Context Statement
The Foundation receives gifts in a variety of forms that include case contributions, marketable securities and real estate, and through planned giving opportunities such as bequests, gift annuities, charitable remainder trusts and others.
Numerous endowments are funded through charitable contributions each year. Endowed funds are held in the Consolidated Investment Trust (CIT), the Foundation's pooled endowment fund. The principal is non-expendable; investment earnings support scholarships, faculty development, research and other programs in accordance with the donor's wishes.
Position Overview
The Chief Finance Officer is responsible for the University of Idaho Foundation's financial, accounting, and treasury operations. As a member of the Foundation senior leadership team, the position develops and implements fiscal management and reporting strategies to enable the organization to achieve its vision and mission. The position works closely with the Foundation's Investment Committee to provide timely reporting and implement key decisions around the endowment, in coordination with the Foundation's investment managers and consultant.
Duties include:
Position Qualifications
Required Experience
Listed degree qualification is required at time of hire
Posting Information
FLSA Status
Overtime Exempt
Employee Category
Exempt
Pay Range
$190,000 annually or higher commensurate with experience and/or education
Type of Appointment
Fiscal Year
FTE
1
Full Time/Part Time
Full Time
Funding
A visa sponsorship is available for the position listed in this vacancy.
No
Posting Date
04/18/2024
Closing Date
Open Until Filled
Yes
Special Instructions to Applicants
To receive first consideration, please submit a letter of qualification, current resume, and references (last 3 supervisors) no later than May 9, 2024.
In your letter of qualification, using details and examples, please address all of the required and preferred qualifications for this position and how your experience and skills align.
Applicant Resources
Background Check Statement
Applicants who are selected as final possible candidates must be able to pass a criminal background check.
EEO Statement
The University of Idaho (U of I) is an equal opportunity and affirmative action employer committed to assembling a diverse, broadly trained faculty and staff. Women, minorities, people with disabilities and veterans are strongly encouraged to apply. In compliance with applicable laws and in furtherance of its commitment to fostering an environment that welcomes and embraces diversity, U of I does not discriminate on the basis of race, color, religion, national origin, sex, age, sexual orientation, gender identity/expression, disability, genetic information or status as any protected veteran or military status in its programs or activities, including employment, admissions and educational programs.
