Director of Finance, NJIT Foundation

** through the Internal Jobs Hub.**#
*
* Title:

** Director of Finance, NJIT Foundation#
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* Reports To:

** Associate VP Development & Alumni Relations#
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* Position Summary:

** The Foundation at New Jersey Institute of Technology is seeking a strategic, mission-driven Director of Finance to lead the financial strategy and operations for a dynamic, student-focused nonprofit organization. As a key member of the Foundation's leadership team, the Director will be a trusted advisor to the President of the Foundation, Senior Vice President for Finance and Chief Financial Officer of the University, Foundation Board of Directors, and senior staff - ensuring financial integrity, operational excellence, and sustainable growth while aligning resources to advance the Foundation's mission.#

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* Essential Functions:

*** Financial Management & Reporting:
** Lead financial oversight of the annual $1M+ operating budget of the Foundation.
* Prepare and present financial reports to executive leadership, the board of directors, and external stakeholders. Ensure financial transparency and clarity to support data-driven decision-making.
* Develop and maintain sophisticated financial models to evaluate strategic initiatives, fundraising campaigns, impacts to the endowment portfolio, and long-term operational sustainability.
* Develop multi-year financial projections aligned with fundraising and endowment growth strategy to ensure long-term sustainability.
* Oversee development and maintenance of strong internal controls and adherence to financial reporting practices and all applicable federal and state regulations.
* Serve as the primary financial liaison between University Finance staff and leadership to understand the financial position of the Foundation as it relates to the University as a whole.
* External Relations & Fundraising Support:
** Partner with Development and Advancement teams to evaluate complex gifts, manage donor-advised funds, and communicate financial impact.
* Lead coordination of the annual audit and preparation of the IRS Form 990, and ensure compliance with all federal, state, and local regulations, GAAP, GASB, IRS, and nonprofit accounting standards.
* Provide oversight of an endowment and investment portfolio in collaboration with the Investment Committee and OCIO.
* Develop and maintain a working knowledge of foundations, pooled asset investments, charitable giving opportunities and strategies, and structured noncash donations.
* Manage third-party vendor relationships and contract negotiations.
* May supervise staff as assigned.
* Support executive leadership in evaluating complex gifts and assets.
* Help craft compelling financial narratives for fundraising and strategic initiatives.
* Act as a visible ambassador of the Foundation's mission.#
** Prerequisite

Qualifications:

*** Bachelor's degree in Accounting, Finance, Business Administration, or related field.
* At least 6+ years of progressive financial leadership experience, ideally within a nonprofit, foundation, or similarly complex environment.
* Demonstrated success in developing financial strategies and managing organizational change.
* Strong leadership, interpersonal, and communication skills with the ability to engage non-financial stakeholders.
* Excellent judgment, organization, and communication; ability to manage multiple deadlines and stakeholders.#
** Preferred Qualifications
*** Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), and/or Master's degree (MBA, MPA, or similar).
* Familiarity with foundations, donor-advised funds, and philanthropic finance structures.
* Experience with board members, external auditors, compliance management, and regulatory oversight.#
** Compensation:**$105,000-$110,000
** At the university's…