Assistant Director of Finance and Investments

Asst Director of Finance and Investments

Purpose: The Assistant Director of Finance and Investment is a senior individual contributor responsible for managing complex financial and investment accounting functions and advising leadership on financial operations, risk, and compliance. The position applies advanced professional judgment, master’s-level financial expertise, and broad operational knowledge to support the fiscal integrity, stewardship responsibilities, and long‑term sustainability of the UMKC Foundation. The role independently manages high‑risk and high‑impact financial activities and serves as a trusted finance partner across the organization.

Reports to the Director of Finance and Investments and operates with significant autonomy in managing assigned financial functions and initiatives.

• Independently manages daily cash management, liquidity monitoring, and short‑term financial positioning to ensure operational continuity and prudent stewardship of Foundation resources.
• Leads asset and liability accounting functions, including complex reconciliations, valuation review, and financial reporting, ensuring accuracy, regulatory compliance, and adherence to internal control standards.
• Performs advanced fund and investment accounting, including monitoring investment performance, analyzing variances, supporting compliance requirements, and providing financial insight to leadership for decision making.
• Provides expert‑level support for budgeting, forecasting, and financial planning activities, contributing analysis and recommendations that inform short‑ and long‑term financial strategy.
• Oversees complex general ledger accounting activities and plays a key role in month‑end and year‑end close processes, identifying issues, resolving discrepancies, and improving processes to enhance efficiency and accuracy.
• Analyzes large, complex, and highly sensitive financial data sets, developing advanced financial models, reports, and summaries used by leadership, auditors, and external stakeholders.
• Serves as a primary finance resource for audits and regulatory reporting, including leading preparation activities, coordinating documentation, responding to auditor inquiries, and supporting IRS Form 990 preparation.
• Provides specialized financial support for gift accounting, donor financial documentation, and stewardship reporting, ensuring compliance with donor intent, legal agreements, and industry standards.
• Supports payroll, employee benefits, and retirement plan accounting activities as needed, applying technical knowledge to ensure accuracy, compliance, and appropriate financial controls.
• Plays a critical role in establishing, documenting, and monitoring internal accounting controls and risk management practices, identifying control gaps and recommending improvements aligned with best practices.
• Acts as a finance representative on cross‑functional initiatives and special projects, providing subject matter expertise, resolving complex financial issues, and improving institutional processes and outcomes.

• Advanced professional judgment and decision‑making skills applied to complex, high‑risk financial matters with limited supervision.
• Demonstrated ability to assess financial risk, identify control weaknesses, and implement corrective actions that impact organizational effectiveness.
• Ability to clearly explain complex financial and accounting concepts to non‑financial stakeholders and senior leadership.
• High level of integrity, discretion, and accountability in managing confidential, regulated, and donor‑sensitive financial information.
• Proficiency in Microsoft Excel and financial systems, with the ability to design, interpret, and maintain sophisticated financial analyses and reports.

A bachelor’s degree or an equivalent combination of education and a minimum of five years of progressively responsible professional experience in accounting, finance, or financial operations involving complex funds, regulatory requirements, or institutional reporting.

• Master’s degree in related field of study.
• Experienc…