University of Minnesota Twin Cities
Chief Financial Officer, UofM Alumni Association
University of Minnesota Twin Cities, Minneapolis, Minnesota, United States, 55400
The Chief Financial Officer reports to the President and Chief Executive Officer of the Alumni Association and is a strategic thought leader in managing assets and finances to grow the entrepreneurial spirit of the UMAA. As part of the UMAA leadership team, this senior-level leader oversees the financial, HR, and risk management areas of the UMAA and supervises the accounting manager.This is a 100%, 12-month annually renewable appointment in the academic professional personnel series.Essential Functions:Business Strategy and Governance
Manage UMAA assets to position the organization for future growth.With the CEO and VP of Marketing and Business Development, identify and assist with strategies to grow revenue for the UMAA.Provide strategic financial leadership on the proposed alumni and friends housing project.Advise the CEO and leadership team of optimal use of resources to fulfill UMAA's mission.Work closely with the UMAA Board of Directors, Executive Committee, and the Finance and Audit Committees to support their financial oversight.Serve on the University Gateway Corporation Board of Directors as Secretary, and as a member of the Finance Committee and Operations Committee.Partner with the UMAA leadership team to build a high performing team with strong internal culture.Accounting and Finance
Lead the design and execution of UMAA's financial activities.Build, monitor, and maintain effective internal controls and ensure adherence to financial policies.Prepare annual operating and capital budgets in consultation with the leadership team.Direct the annual external audit and tax compliance engagements.Manage the cash flow of the organization.Monitor and report the performance, management and use of invested funds.Review monthly financial performance with budget owners and management team, assess variances from budgets and revise forecasts.Oversee the monthly closing process and preparation of internal departmental reports and financial statements.Management and Administration
Lead the UMAA's HR operations, coordinating with University Human Resources to leverage their expertise and capacity.Oversee the recruiting, hiring, onboarding and departures process for new employees.Engage legal counsel for the UMAA as necessary.Oversee UMAA's insurance needs and risk management.Collaborate with other University departments to support UMAA's mission and achieve goals.Non-Essential Functions
Other Duties as assigned.* The Employer retains the right to change or assign other duties to this position.Minimum Qualifications:Bachelor's degree in accounting or finance.Ten (10) years of experience as a professional accountant.Preferred Qualifications:A creative, entrepreneurial mindset.Experience working in a higher education or non-profit setting.Advanced degree in related field.Professional certification in related field – CPA, CMA, CGMA, CFA, etc.Knowledge of nonprofit accounting principles and taxation.Able to assess the adequacy of internal controls and develop controls to address deficiencies.Self-motivated, able to work independently and assume high-level responsibilities.Detail oriented.Organized and able to handle multiple tasks and deadlines.Able to communicate financial information to non-financial staff.Understanding of the human resources operations.Knowledge of organizational risk assessment and insurance coverage.
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Manage UMAA assets to position the organization for future growth.With the CEO and VP of Marketing and Business Development, identify and assist with strategies to grow revenue for the UMAA.Provide strategic financial leadership on the proposed alumni and friends housing project.Advise the CEO and leadership team of optimal use of resources to fulfill UMAA's mission.Work closely with the UMAA Board of Directors, Executive Committee, and the Finance and Audit Committees to support their financial oversight.Serve on the University Gateway Corporation Board of Directors as Secretary, and as a member of the Finance Committee and Operations Committee.Partner with the UMAA leadership team to build a high performing team with strong internal culture.Accounting and Finance
Lead the design and execution of UMAA's financial activities.Build, monitor, and maintain effective internal controls and ensure adherence to financial policies.Prepare annual operating and capital budgets in consultation with the leadership team.Direct the annual external audit and tax compliance engagements.Manage the cash flow of the organization.Monitor and report the performance, management and use of invested funds.Review monthly financial performance with budget owners and management team, assess variances from budgets and revise forecasts.Oversee the monthly closing process and preparation of internal departmental reports and financial statements.Management and Administration
Lead the UMAA's HR operations, coordinating with University Human Resources to leverage their expertise and capacity.Oversee the recruiting, hiring, onboarding and departures process for new employees.Engage legal counsel for the UMAA as necessary.Oversee UMAA's insurance needs and risk management.Collaborate with other University departments to support UMAA's mission and achieve goals.Non-Essential Functions
Other Duties as assigned.* The Employer retains the right to change or assign other duties to this position.Minimum Qualifications:Bachelor's degree in accounting or finance.Ten (10) years of experience as a professional accountant.Preferred Qualifications:A creative, entrepreneurial mindset.Experience working in a higher education or non-profit setting.Advanced degree in related field.Professional certification in related field – CPA, CMA, CGMA, CFA, etc.Knowledge of nonprofit accounting principles and taxation.Able to assess the adequacy of internal controls and develop controls to address deficiencies.Self-motivated, able to work independently and assume high-level responsibilities.Detail oriented.Organized and able to handle multiple tasks and deadlines.Able to communicate financial information to non-financial staff.Understanding of the human resources operations.Knowledge of organizational risk assessment and insurance coverage.
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