Senior Director Foundation Financial Operations

This position will provide strategic leadership, management, and planning for all areas of finance to include: investment planning, audit oversight and management, gift accounting and processing, fiscal operations, budgeting and forecasting, general and fund accounting, reporting and analysis, Foundation scholarship management, policy development, internal controls and support services related UCM Alumni Foundation and University Advancement financial matters. Help facilitate the Alumni Foundation's growth by providing support and counsel on strategic and operational issues and needs related to financial operations and investments.

Perform analyses and support executive decision-making through data-driven reports and presentations on financial resources, cash flows, return on investment, and progress toward goals. Create and manage division budget and establish operational metrics that measure productivity. Ensure financial management processes are in place to support the ongoing and future needs of the Alumni Foundation. Manage the timely and accurate processing of philanthropic gifts and pledges as well as campaign and donor reporting, while continuously improving policies and procedures to facilitate compliance and information exchange.

Serve as the first "clearinghouse" for gift acceptance, ensuring that gift-acceptance policies and agreements reflect compliance and best practices and are vetted by appropriate executive and financial leadership. Create and maintain fiscal policies and procedures to not only protect Alumni Foundation and University assets and the privacy of our constituents but also to ensure that there is continuity of services provided in the event of extended absences of personnel.

Ensure good accounting practices with Alumni Foundation systems and University accounting software. Collaborate with campus partners to ensure funds are used in a timely and appropriate manner to fulfill donor intent. The Senior Director of Foundation Financial Operations is the key staff liaison for the Alumni Foundation Board of Directors Finance, Audit and Investment committees. The position is also an important partner to campus finance departments regarding management of Foundation funds.

• Oversee all financial transactions and processes and acts as final authoritative council on accounting, budgeting, cash flow management, gift receipting, and investments for the Alumni Foundation.

• Perform trend analysis to assist in developing specific event, annual, and/or campaign fundraising goals.

• Implement and maintain internal controls to safeguard the Alumni Foundation's assets and mitigate financial risks.

• Monitor the organization’s financial performance against budget and operational goals and provide regular reports to the Board of Directors.

• Collaborate with the executive leadership team to identify opportunities for financial growth and sustainability and recommend strategic directions that will improve efficiency and productivity.

• Create, maintain, and ensure compliance with all internal and external fiscal policies and procedures.

• Communicate Alumni Foundation policies and procedures for compliance with IRS regulations, CASE reporting standards, accounting procedures, and dual control standards to staff and internal university constituents.

• Responsible for planning for, partnering with outsideCPAfirm and coordinating the delivery of the Alumni Foundation’s annual audit, year-end accounting andIRSreturns(990, 990-T, Split Interest Trust Returns).

• Maintain professional knowledge of and interpret accounting guidelines relating to FASB, UPMIFA, applicable IRS regulations, and CASE standards as needed. Attend continuing education seminars/webinars and review professional publications to keep updated on not-for-profit accounting related issues.

• Hire, train, manage and evaluate a high performing finance team, fostering a culture of excellence, collaboration, and continuous improvement.

• Provide mentorship and professional development opportunities to finance team members.

• Foster strong relationships with internal and external stakeholders, including board members, donors, and campus partners by answering questions on specific funds and providing financial data.

• Work with campus partners to ensure that funds do not exceed budget and if that does occur, determine appropriate resolution.

• Communicate to campus partners of an overview of Foundation funds,…