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Director, Gift Fund Compliance and Management
Job Description
Operating Title
Director, Gift Fund Compliance and ManagementLong Classification Title
Director, Finance Division - UNHCampus Location
DurhamDepartment
UNH VP FinanceSummary of Position
Acceptable minimum level of education
Bachelor'sAcceptable minimum years of experience
10+ yearsAdditional Job Information
Posting Number
PS3906FY22Other minimum qualifications
- Has budgeting and forecasting experience with a strong background in financial analysis;
- Possesses excellent verbal and written communication skills needed to convey complex financial information to stakeholders across the organization;
- Is motivated, detail-oriented and strategically minded;
- Has experience retrieving, preparing, and presenting financial data for different constituencies who have varying levels of comfort with financial data, which includes auditors as part of an internal/external audit process;
- Experience working with ERP systems and can learn new systems quickly;
- Demonstrates an intermediate command of Excel with the ability to execute functions such as pivot tables, macros, data filtering to present financial information in a concise and easily comprehensible manner;
- An understanding of non-profit fundraising structures as it relates to managing endowed and non-endowed, current-use donor restricted funds including compliance with donor intent and reporting standards.
Additional Preferred Qualifications
- Advanced degree in a relevant field and/or relevant credentials (e.g., MBA, CFA, CPA) strongly preferred. An MBA with concentration in strategic management would be ideal.
- Experience with change management and/or recent organizational redesigns preferred
- Access to a network of higher education thought leaders and influencers
Salary Information
Quicklink for Posting
https://jobs.usnh.edu/postings/54783Percent Time Information (FTE)
1.00Grade
34EEO Statement
The University System of New Hampshire is an Equal Opportunity/Equal Access/Affirmative Action employer. The University System is committed to creating an environment that values and supports diversity and inclusiveness across our campus communities and encourages applications from qualified individuals who will help us achieve this mission. The University System prohibits discrimination on the basis of race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, genetic information, veteran status, or marital status.
Institution Information
Posting Date
03/21/2023Open Until Filled
YesPosting Open to Internal Candidates Only?
NoInterested Internal Candidates Exist?
NoJob Category
Salaried Staff (Exempt)Appointment Type
RegularDrivers License and Physical Requirements. Please check all items that apply.
None applicableDuty/Responsibility
- Responsible for setting university wide policies and procedures to ensure gift funds are closely tracked and monitored, with the intent of ensuring all funds are spent within 1-3 years of being received or disbursed from the endowment.
- Will determine industry best practices that comply with state and federal laws and regulations for restricted fund management, and will regularly communicate expectations for compliance to campus partners, and alert CFO and VP Advancement when non-compliance occurs.
- Create and implement a training program for all new (and existing) department chairs or other unit leaders who have restricted funds under their unit to include the transfer of information from one leader to another as it relates to historic use and spending for the funds under their purview.
- Take a leadership role in ensuring that restricted gift funds are included in the budgeting process by engaging in proactive communication and reporting for all units. Assist with financial planning and budgeting processes, analyze financial reports and transactions, prepare projections and other various management reports and tools as needed to ensure compliance. This includes communication of new fund details with all impacted campus partners.
- Act as the point of contact with USNH Internal audit to oversee any necessary audits, respond to audit findings and coordinate UNH responses and action plans.
- Responsible for oversight on all professorship funds to ensure proper spending and aligning campus-wide policies on the process for awarding, spending and tracking regardless of the unit to ensure consistency and compliance.
- Responsible for performing research and analysis on various gift fund spending projects as required by University Leadership to include preparing reports, financial analysis, coordinating with campus partners and making presentations to leadership.
- Regular reporting to all campus units who are responsible for spending restricted gift funds to ensure these funds are treated as first dollars whenever possible and are budgeted and spent before other operational funds are deployed.
- Ongoing communication and education on the uses of restricted gift funds and advising on interpreting fund purposes.
- Provide spending models as needed for high-profile gift funds across units.
- Coordinate regular meetings with key University leaders, finance colleagues and fund administrators as it relates to creating and tracking long-term (5-10 year) spending strategies and plans related to specific funds or groups of funds. Responsible for ensuring fund administrator compliance with agreed upon spending plans.
Manage the central finance support of financial aid to include:
- Provide necessary guidance on gift fund spending to include fund balance information, coordinate spending plans and compliance review of scholarship awards.
- Responsible for managing and updating accurate financial data in the scholarship awarding software tool.
- Advise on overall financial aid processes as it relates to the awarding of scholarship funds.
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