Director, Foundation Finance and Operations

Description

Milwaukee Area Technical College (MATC) is Wisconsin's largest and most diverse technical college, offering 170+ high-quality programs that connect students to a career in as little as one to two years. The college also offers a less expensive path to a four-year degree. MATC is transforming lives, industry and our community by preparing students today for the careers of tomorrow. Together, we are meeting the needs of the community we shared and committed to eliminating equity gaps in higher education for both students and employees.

We are seeking passionate individuals to join our team who shares the same passion in serving this purpose. Learn more about MATC c.edu.

Under the direction of the CEO of the MATC Foundation & Executive Director of College Advancement, the Director, Foundation Finance and Operations plays a pivotal role in overseeing the financial functions and day-to-day operations of the MATC Foundation. This multifaceted role involves strategic financial management, operational leadership, and collaborative engagement with key stakeholders, including the MATC Business Office and leadership team.

With assets exceeding $40 million under the Foundation's administration, the Finance and Operations Director ensures prudent financial management and compliance with regulatory requirements.

• Strategic Planning and Oversight:
  Develops and maintains strategic financial plans and operational objectives aligned with the Foundation's mission and goals. Provides leadership and guidance on long-term financial sustainability and growth initiatives, supporting organizational success and impact. Conducts strategic financial analysis, including forecasting and performance evaluation, to inform decision-making and resource allocation. Collaborates with key stakeholders to develop and implement financial strategies that align with organizational priorities and maximize impact.
• Financial and Revenue Management:
  Oversees all financial functions of the MATC Foundation, including budgeting, accounts payable, sponsored programs, and maintenance of financial records, ensuring compliance with internal policies and external regulations regarding the maintenance of non-profit 501(c)(3) status. Manages bank and investment accounts, including deposits and online banking activity, and conducts monthly reconciliations of donor and financial systems prepared by support staff. Supports fundraising initiatives and strategies through financial analysis and forecasting, providing financial insights to inform decision-making and optimize revenue generation.
• Scholarship Program Oversight:
  Maintains the infrastructure for providing donor-directed scholarships, awards and grants to students who meet established criteria. Provides guidance and support to the Manager of MATC Scholarship Programs, ensuring effective administration, compliance, and reporting for scholarship initiatives. Reviews scholarship criteria, monitoring, and reporting requirements to ensure compliance with donor agreements and Foundation policies.
• Policy Creation and Management:
  Develops, maintains, and periodically adjusts financial standard operating processes and procedures to ensure effectiveness in meeting financial goals, compliance with regulations and internal policies, and oversight of internal control systems. Implements process improvements and operational efficiencies to enhance productivity and effectiveness across all Foundation operations.
• Monitoring, Auditing, and Regulatory Compliance:
  Oversees the process of internal monitoring of program outcomes and financial spending for Foundation-funded programs. Serves as a liaison to the college's internal auditor and the auditing firm that performs annual independent financial audits and prepares annual filings. Designs, monitors, and tracks the Foundation's annual compliance and performance management ensuring alignment with legal requirements and industry best practices. Reviews all reports and statements prepared by external partners to ensure accuracy and compliance with regulatory requirements.
• Committee Participation and Community Engagement:
  Serves as the lead liaison to the MATC Business Office, collaborating closely on budgeting, financial reporting, and sponsored program administration. Builds and maintains positive relationships with internal and external stakeholders, including donors, partners, and vendors, to support Foundation initiatives and enhance…