Executive Director of Finance and Budget

University Of Maryland - Baltimore County
Washington, DC
Oct 17, 2019
Oct 19, 2019
Full Time
Founded in 1856, University of Maryland, College Park is the state's flagship institution. Our 1,250-acre College Park campus is just minutes away from Washington, DC, and the nexus of the nation's legislative, executive, and judicial centers of power. This unique proximity to business and technology leaders, federal departments and agencies, and a myriad of research entities, embassies, think tanks, cultural centers, and non-profit organizations is simply unparalleled. Synergistic opportunities for our faculty and students abound and are virtually limitless in the nation's capital and surrounding areas. The University is committed to attracting and retaining outstanding and diverse faculty and staff that will enhance our stature of preeminence in our three missions of teaching, scholarship, and full engagement in our community, the state of Maryland, and in the world. Position Summary/Purpose of Position: Reporting to the AVP for Finance & Operations, the Executive Director of Finance and Budget is responsible for the day-to-day oversight and management of the division's finance office, which includes responsibility for finance and accounting functions in support of the University of Maryland College Park Foundation (UMCPF). This individual will supervise staff to ensure that all transactions are accurately recorded in the general ledger, accounts are reconciled monthly and properly maintained for accounting and fiduciary purposes, and provide prompt and accurate internal and external financial reporting. Duties include working with the AVP on the annual budget process for the division; overseeing the audit process; preparing the financial statements and notes for the annual audit report; overseeing the preparation of the annual IRS Form 990, as well as all supporting schedules; grant reporting and adherence to grant requirements and grantor guidelines; reviewing and approving account agreements, gift agreements for endowments and operating funds, contracts for services, and grant proposals; opening and closing of fiscal periods; and managing updates to the financial management system. The Executive Director will also be responsible for ensuring that the UMCPF financial management system maintains accurate records and data to facilitate the generation of all required financial and tax compliance reports required by the UMCPF by-laws, the USM Board of Regents, and all federal and state regulatory bodies. The incumbent in this position is required to file an annual Financial Disclosure Form with the State of Maryland Ethics Commission. Minimum Qualifications: Education (include licenses, certifications, etc.): Bachelor's Degree required, preferably in accounting, finance, business or related field. Experience: At least 10 years of professional accounting and finance experience, including at least 5 years of supervisory experience. Prior general ledger experience required in a non-profit organization with major and direct responsibilities for the maintenance of the general ledger, generation of GAAP based financial statements, and financial statement audits. Experience working with senior leadership and Board members. Experience preparing IRS Form 990. Knowledge, Skills, and Abilities: Knowledge of Fund Accounting, GAAP, GASB and FASB standards, financial reporting requirements for non-profit organizations, internal control standards and procedures, and fiduciary responsibility of Foundation officials. Direct knowledge of FAS 116, 117, 124 and related accounting standards, knowledge and experience in tax and regulatory issues for non-profit organizations. Familiarity with the operations of large non-profits and/or higher education institutions. Preferences: Master's Degree preferred.CPA certificate preferred. Experience with Blackbaud FE or FE-NXT preferred. Additional Certifications: Additional Information: For best consideration, please apply by October 1, 2019 Benefits offered: The University offers a comprehensive benefits package, including 22 Days Annual Leave; 15 Days Sick Leave; 3 Days Personal Leave; 15 Paid Holidays; Tuition Remission; Health, Dental, Vision and Prescription coverage. Candidates must be able to provide proof of eligibility to work in the USA. No Visa sponsorship is offered for this position. Job Risks Not Applicable to This Position Physical Demands Work is performed in an office environment and requires the ability to operate standard office equipment and keyboards. Substantial movements (motions) of the wrists, hands, and/or fingers. Posting Date: 09/16/2019 Closing Date: Open Until Filled Yes Best Consideration Date 10/01/2019 Diversity Statement: The University of Maryland, College Park, an equal opportunity/affirmative action employer, complies with all applicable federal and state laws and regulations regarding nondiscrimination and affirmative action; all qualified applicants will receive consideration for employment. The University is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, religion, sex, national origin, physical or mental disability, protected veteran status, age, gender identity or expression, sexual orientation, creed, marital status, political affiliation, personal appearance, or on the basis of rights secured by the First Amendment, in all aspects of employment, educational programs and activities, and admissions.