Provides financial operational and strategic leadership of the University Advancement Division. Serves as Managing Director of Financial Services to the Endowment. Serves a member of the senior Advancement Leadership team. Directs and leads all fiscal management and funds activities for Advancement Foundation and various Foundation limited liability corporations. Develops policy and procedures for accounting and financial systems to ensure compliance with local, state, and federal requirements. Partners with Executive Leadership, deans, department managers, and Foundation and fiduciary boards to coordinate the prudent stewardship and financial responsibilities of Advancement and the Foundation.

Bachelor’s degree in accounting or business administration with a minimum of 5 years of experience as a professional accountant, auditor or financial services professional. MBA preferred. CPA preferred. Demonstrated experience supervising and directing professional accounting, auditing, investment/funds managers and other finance staff for non-profit organizations required. Experience managing audit and tax reporting. Candidates with an equivalent combination of experience and/or education are encouraged to apply, while candidates with management experience within a public university Foundation will receive preferential review. Candidates with an equivalent combination of experience and/or education are encouraged to apply.

Thorough knowledge of theories and practices of accounting, auditing, budgeting and non-profit financial management are required. Generally accepted accounting principles accounting knowledge is required. Knowledge of Federal and State laws/ regulations relevant to non-profit organizations required, to include a working knowledge of UPMIFA. Knowledge of regulations and best practices pertaining to receipt and maintenance of restricted gift funds and institutional endowment funds management. Highly effective communications and interpersonal skills are mandatory. Proficiency with word processing, spreadsheets and computerized accounting software is required. Experience with and a minimum “working knowledge” of Blackbaud non profit tools is expected. Ability to manage a professional accounting and clerical staff is required. Ability to interpret and analyze financial data and reports and communicate same to senior campus executives and volunteer leaders is strongly desired

May be required to work nights and weekends on occasion.

Please complete the application to include all current and previous work history and education. A resume will not be accepted nor reviewed to determine if an applicant has met the qualifications for the position.

*Salary is commensurate with education/experience which exceeds the minimum requirements.

Offers of employment are contingent upon a successful background check.

All applications must be submitted online https://jobs.cofc.edu.

The College of Charleston is an equal opportunity employer and does not discriminate against any individual or group on the basis of sex, gender (including gender identity and/or expression), pregnancy, race, religion, color, national origin, age, disability, military or veteran status, sexual orientation, genetic information, and other classifications protected by applicable federal, state, and local laws. For more information, please visit eop.cofc.edu.

Through the effort with the departments/teams of Controller & Finance Operations, Budget & Property, and Gift Administration:

Accounting systems/audit: Develops, organizes and supervises accounting systems and personnel for IA, the Foundation, and the Foundation’s various limited liability corporations [LLCs]. Evaluates organizational activity to design/maintain extensive chart of accounts to ensure all financial transactions are recorded with appropriate documentation to meet internal/external reporting needs. Develops and implements accounting policies/procedures. Reviews existing financial operations and internal controls for potential improvements in efficiency and productivity then executes changes as needed. Manages relationship and services with external audit firm to direct annual audit program activities. Ensures timely completion of reconciliations and workpapers by accounting staff for an efficient audit. Manages audit timeline to ensure audit report is approved by Foundation’s Audit Committee and delivered on time to comply with College annual ACFR requirements for component units. Directs the preparation of the Form 990, Form 990T and other Federal and State annual tax/information reporting to ensure appropriate IA Leadership/Foundation Board review and approval completed for timely filing. Provides supervision, training, guidance, and direction to professional accounting staff in financial/accounting systems policy and procedures. Major components include: general ledger, accounts payable, payroll, accounts receivable/pledges receivable, investments, fixed assets and financial reporting.

Financial Reporting: Analyzes, plans, and supervises the financial reporting required for IA, the Foundation and the Foundation LLCs to ensure conformity with generally accepted accounting principles (GAAP) and requirements of federal, state, and local agencies such as the IRS and SC State Charities Division. Supervises the preparation/analysis of annual and interim financial reports to assist managers in IA along with the Foundation account administrators across campus in decision making regarding resources for programs and scholarships. Ensures timely preparation and distribution of organization financial statements for CAO and Treasurer of the Foundation Board.

Directs accounting, finance and investment activities of the Foundation to ensure compliance with Investment Policies of the organization and advises Investment Committee on annual policy review in consultation with external investment managers and audit firm regarding relevant accounting/reporting changes. Responsible for ensuring adequate cash balances are available to fund weekly, monthly, quarterly, and annual commitments. Primary point of contact for Foundation professional relationships with banks, financial institutions, and audit firm. Prepares cash flow forecasts for long-term and short-term commitments to support decision making of Foundation Investment and Finance Committees. Evaluates and recommends short-term investments designed to meet budget goals in consideration of the need to balance prudent risk exposure with maximizing returns. Supervises endowment accounting and ensures gifts to and expenditures from the long term portfolio are in compliance with UPMIFA as well as GAAP principles and FASB reporting requirements.

Liaison to Foundation Board: Serves as staff liaison to the Audit and Finance Committees of the Foundation Board by providing agendas, strategies and data for quarterly meetings. Serves as Assistant Treasurer of the Foundation.

Ensures the Foundation Treasurer, Audit Committee Chair, and Finance Committee Chair are informed of matters affecting their respective committees. Advises the CAO of the Foundation in planning/debriefing Foundation board meetings and matters.

Budgeting: Directs the preparation of annual operating budgets for IA, the Foundation, and Foundation LLCs. Consults with EVP of IA regarding personnel planning, budget goals, and future strategies to forecast resource requirements and analyze revenue sources. In addition, oversees preparation of annual master scholarship budget of Foundation funding provided to the office of Financial Aid.

Oversees the preparation of the annual endowment budget allocation, in accordance with Investment Policy Statement spending provision. Provides analysis and coordination to prepare other periodic budgets for special projects such as capital campaigns, capital projects, and grant requests as required. Provide analysis/input to make recommendations as necessary to the budget model of the Foundation in concert with strategies of the Foundation.

Risk Management: Oversees risk management activities of the Foundation to include adequate insurance coverage for real estate portfolio and other fixed assets. In addition, implements risk assessment process in coordination with the Foundation Audit Committee and external auditors and documents outcomes. Ensures adequate fraud protection in treasury functions.

Consultant and special projects: Serves as a member of the executive leadership team for University Advancement including the compilation of data and preparation/monitoring of income/expense reports.

Assist with financial models designed to complement and illustrate feasibility of gift proposals for programs. Provides contract reviews and consultation for Advancement Leadership on use of Foundation funds for significant purchases or acquisitions. Advises and provides consultation to campus leaders such as division heads, deans, and department chairs on use of Foundation funds. Performs audits, analysis, and project management for various special requests / projects as required by the CAO as well as Foundation board officers and committees.