AVP & CFO, University Relations/VP and Treasurer/CFO, UMD College Park Foundation
Job Description
Position Number:
100224Title:
Assistant Vice PresidentFunctional Title:
AVP & CFO, University Relations/VP and Treasurer/CFO, UMD College Park FoundationCategory Status:
33-Exempt RegularApplicant Search Category:
StaffUniversity Authorized FTE:
1.000Unit:
VPUR-Financial ManagementCampus/College Information:
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, D.C., 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.
Background Checks
Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify you from employment.
Position Summary/Purpose of Position:
The Assistant Vice President & CFO, University Relations / Vice President and Treasurer/CFO, University of Maryland College Park Foundation is responsible for providing leadership, management, and strategic direction to the UMCP Foundation and to the Division of University Relations (UR). The CFO will manage and oversee all aspects of financial management for UR as well as investment management and treasury services.
This individual will oversee business processes and improvements, including internal policies and procedures, ensuring alignment with strategic goals, operational excellence, efficiency, consistency, and compliance across the division. The CFO plays an integral role in developing and executing all business and entrepreneurial ventures for UR, including but not limited to, support of faculty recruitment with mortgage incentives, planning for acquisition of real property for expansion of office capability, and investment strategy for trusts, annuities, Foundation operating funds, and special consideration endowment funds. The CFO will formulate a strategic financial plan, including a multi-year budget, and oversee all financial activities.
This position will also work directly with university financial and business professionals embedded in the University’s Schools, Colleges, and Units to implement and regularly educate on processes and procedures that ensure philanthropic funds are utilized in a timely manner and according to donor intent. This position will collaborate with the Division of Research in making determinations on funding that is accepted by the Foundation or is processed as a research grant
The CFO will represent the division and the Vice President for University Relations on internal and external committees and boards on campus.
The CFO will also serve as the Vice President and Treasurer/CFO of the University of Maryland College Park Foundation. In this capacity, the CFO is responsible for the business operations, systems, procedures, inter- and intra-university relationships and shall keep regular books and accounts of its funds, investments and properties. In addition, the CFO has general oversight of deposits, checks and other credits to foundation accounts while ensuring all receipts and vouchers for payments made to and all vouchers and checks made by the Foundation are signed in accordance with the Foundation Bylaws.
The CFO will represent the University on multiple internal and external constituencies. They will report directly to the Vice President (VP) of University Relations and serve on the VP’s Senior Leadership team.
Benefits Summary
Top Benefits and Perks:Minimum Qualifications:
Education (include licenses, certifications, etc.):
B.S. in Finance, Accounting, Business or related field required
CPA or MBA preferred
CPA or MBA preferred
Experience:
At least 12 years of successful and progressively responsible financial leadership in higher education, non-profit or similarly complex and decentralized operations. Innovative leader with proven experience in solving problems.
Demonstrated experience managing finance and operations teams and processes.
Knowledge, Skills, and Abilities:
- Knowledge of GAAP, GAAS, FASB, GASB.
- Knowledge of investment management, information systems, internal and external auditing, employment law, CASE procedures.
- Knowledge of Business and Contract law.
- Ability to lead and manage multiple complex business units and provide support and direction to senior professionals in a collaborative manner.
- Excellent interpersonal, verbal and written communication skills.
- Skilled collaborator with a proactive, engaging, integrative approach to creatively finding solutions and solving problems to operational and strategic issues
- Ability to build trusting and meaningful relationships and provide high level of customer service across a range of constituencies and stakeholders
- Ability to successfully engage and motivate diverse groups of individuals and teams at all levels.
- Ability to provide continual process improvement to internal policies, procedures, and processes
Preferences:
- General understanding of higher education advancement functions, including but not limited to development, alumni relations, and advancement services.
- Experience working with a high level volunteer board.
- Knowledge and understanding of UMD and UMCPF policies and procedures is desirable.
Additional Information:
The University offers a comprehensive benefits package, including generous paid time off; Tuition Remission; Health, Dental, Vision and Prescription coverage; Retirement benefits; Family Care; and more.
Candidates must be able to provide proof of eligibility to work in the USA. No Visa sponsorship is offered for this position.
Salary commensurate with education and experience with a base salary starting at $265,000.
Candidates interested in applying please visit:
https://wittkieffer.com/positions/25683
Candidates interested in applying please visit:
https://wittkieffer.com/positions/25683
Job Risks
Not Applicable to This PositionPhysical Demands
This is primarily a sedentary position involving extensive use of desktop computers. The position does occasionally require walking some distance to attend meetings and events. Will be required to work evenings and weekends as necessary. Available for minimal travel.
Posting Date:
05/02/2024Open Until Filled
YesBest Consideration Date
06/10/2024Diversity 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.
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