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Foundation Chief Finance Officer
2 weeks ago
The Foundation receives gifts in a variety of forms that include case contributions, marketable securities and real estate, and through planned giving opportunities such as bequests, gift annuities, charitable remainder trusts and others.
Numerous endowments are funded through charitable contributions each year. Endowed funds are held in the Consolidated Investment Trust ( CIT ), the Foundation’s pooled endowment fund. The principal is non-expendable; investment earnings support scholarships, faculty development, research and other programs in accordance with the donor’s wishes.
Position Overview
The Chief Finance Officer is responsible for the University of Idaho Foundation’s financial, accounting, and treasury operations. As a member of the Foundation senior leadership team, the position develops and implements fiscal management and reporting strategies to enable the organization to achieve its vision and mission. The position works closely with the Foundation’s Investment Committee to provide timely reporting and implement key decisions around the endowment, in coordination with the Foundation’s investment managers and consultant.
Duties include:
Formulate financial policies and procedures, ensuring consistency and compliance with Board of Directors’ policies, state and federal fiscal management laws and regulations, and generally accepted accounting standards
Direct and coordinate financial statement preparations, tax return filings and disbursements of funds
Report current financial status to the Executive Director/ CEO , Board of Directors, Operating, Audit, and Investment Committees
Prepare and monitor annual operating budgets
Manage banking and investment consultant relationships
Oversee the financial management of Foundation assets
Seven years of progressive accounting or financial management experience including leadership of finance/accounting teams
Four years of investment accounting experience including assessing and managing business risk
Required Education
Bachelor’s Degree in Accounting, Finance, Business Administration or Marketing OR a Master’s Degree in Accounting
Required Other
CPA ,
CMA ,
CGFM
or equivalent other accounting certification
Ability to travel
Ability to work nonstandard extended hours with a flexible schedule, which may include weekends and holidays
Must have valid driver’s license and ability to meet U of I driving requirements
Additional Preferred
Master’s degree in Accounting, Tax, Finance, Business Administration or Data Analytics
Two years in a senior financial management role for a complex organization
Two years managing and assessing financial and business risk, including contract negotiation
Experience facilitating financial system, process and/or procedural changes
Experience interfacing with senior management, staff, a board of directors, and various external constituents and partners to develop, model, and implement creative financial management strategies
Physical Requirements & Working Conditions
None
Degree Requirement
Degree Requirement
Listed degree qualification is required at time of hire
Posting Information
FLSA Status
FLSA Status
Overtime Exempt
Employee Category
Employee Category
Exempt
Pay Range
Pay Range
$190,000 annually or higher commensurate with experience and/or education
Type of Appointment
Type of Appointment
Fiscal Year
FTE
1
Full Time/Part Time
Full Time/Part Time
Full Time
Funding
A visa sponsorship is available for the position listed in this vacancy.
A visa sponsorship is available for the position listed in this vacancy.
No
Posting Date
Posting Date
04/18/2024
Closing Date
Open Until Filled
Yes
Special Instructions to Applicants
To receive first consideration, please submit a
letter of qualification
,
current resume, and references (last 3 supervisors) no later than May 9, 2024.
In your
letter of qualification
, using details and examples, please address all of the required and preferred qualifications for this position and how your experience and skills align.
If you would like to see the full job description, please contact Riley Reintjes at rreintjes@uidaho.edu.
Applicants who are selected as final possible candidates must be able to pass a criminal background check.
EEO Statement
The University of Idaho (U of I) is an equal opportunity and affirmative action employer committed to assembling a diverse, broadly trained faculty and staff. Women, minorities, people with disabilities and veterans are strongly encouraged to apply. In compliance with applicable laws and in furtherance of its commitment to fostering an environment that welcomes and embraces diversity, U of I does not discriminate on the basis of race, color, religion, national origin, sex, age, sexual orientation, gender identity/expression, disability, genetic information or status as any protected veteran or military status in its programs or activities, including employment, admissions and educational programs.
Required Documents
Resume/CV
Letter of Qualification
Optional Documents
Supplemental Questions
Required fields are indicated with an asterisk (*).
* How did you hear about this employment opportunity?
Academic Careers
Asians in Higher Ed
Association of Public and Land Grant Universities (APLU)
Blacks in Higher Ed
Chronicle
Disabled in Higher Ed
Facebook
HigherEd/Academic Impressions
Higher Ed Jobs
Idaho Department of Labor/Job Service including Job Central or Idaho Works (Idahoworks.gov)
Indeed.com
Inside Higher Ed
LinkedIn
Native Americans in Higher Ed
Newspaper
Other Venue
Professional Listservs (Ex: NACUBO, AAAE, ISMC, etc.)
University of Idaho Website
University of Idaho Daily Register
University of Idaho Employee
Veterans in Higher Ed
Women and Higher Ed
Word of Mouth
* Were you referred to this employment opportunity by a current University of Idaho employee? If so, please provide their name and department. (Open Ended Question)
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