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Director, Gift Fund Compliance and Management

Job Description

Operating Title

Director, Gift Fund Compliance and Management

Long Classification Title

Director, Finance Division - UNH

Campus Location

Durham

Department

UNH VP Finance

Summary of Position

Reporting to the Chief Financial Officer, with a dotted line to VP of Advancement, the Director of Gift Fund Compliance and Management will create the systems and processes required to ensure that the University complies with donor intent as to the purpose and use of the funds, and that all funds are fully expended in compliance with state and federal laws. The Director will collaborate closely with the Managing Director of Donor Relations, and the Finance Directors for each college and unit, and act as a trusted financial partner. The Director will ensure the University meets its fiduciary responsibilities as it relates to the management, budgeting and spending of restricted gift funds.

Acceptable minimum level of education

Bachelor's

Acceptable minimum years of experience

10+ years

Additional Job Information

UNH is a federal contractor within the meaning of the Executive Order on Ensuring Adequate COVID Safety Protocols for Federal Contractors. This position may require that you be vaccinated against COVID-19 in the future unless you apply for and receive a religious or medical exemption. You may not test out of this requirement.

Posting Number

PS3906FY22

Other 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

Salary is complemented by a comprehensive benefits package which includes medical, dental, retirement, tuition, and paid time off.

Quicklink for Posting

https://jobs.usnh.edu/postings/54783

Percent Time Information (FTE)

1.00

Grade

34

EEO 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

The University of New Hampshire is an R1 Carnegie classification research institution providing comprehensive, high-quality undergraduate and graduate programs of distinction. UNH is located in Durham on a 188-acre campus, 60 miles north of Boston and 8 miles from the Atlantic coast and is convenient to New Hampshire’s lakes and mountains. There is a student enrollment of 13,000 students, with a full-time faculty of over 600, offering 90 undergraduate and more than 70 graduate programs. The University actively promotes a dynamic learning environment in which qualified individuals of differing perspectives, life experiences, and cultural backgrounds pursue academic goals with mutual respect and shared inquiry.

The UNH Diversity Resource Guide with information and programming available in the seacoast area, New Hampshire, and the region can be found here: https://www.unh.edu/hr/diversity-resource-guide

Posting Date

03/21/2023

Open Until Filled

Yes

Posting Open to Internal Candidates Only?

No

Interested Internal Candidates Exist?

No

Job Category

Salaried Staff (Exempt)

Appointment Type

Regular

Drivers License and Physical Requirements. Please check all items that apply.

None applicable

Duty/Responsibility

Create, monitor and adjust as needed, a comprehensive compliance protocol for ensuring that all gift funds are part of the budgeting, forecasting and spending plans of each unit which will include:
  • 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 acting as the point of contact for key University leaders on the management of all restricted gift funds which will include:
  • 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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