Vice President of Finance & Accounting, Montana State University Alumni Foundation, Bozeman, MT

Type:Full-Time
Salary:$150,000 – $200,000/year
Posted:01/15/2025 (Reposted Job: Initially posted on 11/14/2024)
Application Due:Open Until Filled
Category:Administrative Vice Presidents;+1

Priority

MAJOR

DUTIES AND RESPONSIBILITIES:


The Vice President of Finance & Accounting (“Vice President”) is the financial leader of the Montana State University Alumni Foundation (“Alumni Foundation”), reporting directly to the President & CEO and collaborating closely with the university. The Vice President is responsible for maximizing the Alumni Foundation’s financial performance, safeguarding its assets, delivering operational efficiencies, and managing the finance and accounting staff. The Vice President is a member of the Alumni Foundation Leadership Team, advising on financial and compliance matters while contributing to organization-level decision-making.

SPECIFIC

DUTIES AND RESPONSIBILITIES:

• STRATEGY AND LEADERSHIP
  • Maximize the Alumni Foundation’s financial performance and asset growth through the recommendation and implementation of strategic, proactive asset growth initiatives including cost-savings and revenue-generating opportunities.
  • Work with the CEO and Leadership Team to develop and execute financial strategy and the overall strategic plan for the organization.
  • Contribute to organizational-level decision-making as part of the Leadership Team.
  • Advise the CEO and Leadership Team on financial matters including budgeting, forecasting, and risk management.
• OPERATIONAL FINANCE
  • Manage and develop a team of 7-10 including general ledger accounting and reporting, budgeting, treasury, accounts payable, accounts receivable, fund administration, and gift processing.
  • Manage and streamline a financial infrastructure that supports scalability and efficiency including financial systems, processes, and staffing.
  • Review and revise financial and accounting policies, drafting new policies as needed.
  • Build relationships with key campus partners to ensure effective collaboration and integration with the university on financial and compliance matters.
  • Coordinate closely with the university on campus capital projects to ensure alignment on total project cost, cash flows, and financing.
• FINANCIAL PLANNING AND ANALYSIS
  • Provide financial insights and analysis to support decision-making on growth initiatives, operational improvements, and other key decisions.
  • Develop and maintain revenue, expense, and capital budgets and forecasting models.
  • Monitor financial performance by analyzing key metrics, identifying trends, monitoring budget variances, and implementing corrective actions.
  • Create financial models, analyses, and pro formas to make recommendations in support of organizational decision-making.
• TREASURY
  • Manage relationships with banking institutions, including securing and monitoring debt financing arrangements.
  • Execute all investment transactions on behalf of the Board of Governors Investment Committee including completion of new investment subscriptions and account documentation, executing trades, and transfers between the investment pools.
  • Serve as a voting member of the Gift Acceptance Committee and partner closely with Estate, Trust, and Gift Planning team on accepting and liquidating complex assets.
• ACCOUNTING AND FINANCIAL REPORTING
  • Oversee all financial reporting, ensuring compliance with GAAP and other regulatory standards, for the Alumni Foundation, its subsidiaries, and its retirement plan.
  • Facilitate an annual independent audit of the Alumni Foundation’s financial statements, ensuring an unqualified opinion and on-time delivery to the university.
  • Prepare and present financial performance reports to the Leadership Team and the…