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Chief Financial Officer

Company: CSUDH Foundation
Location: Carson
Posted on: April 8, 2021

Job Description:

About CSUDH Foundation: The California State University, Dominguez Hills Foundation ("Foundation") is a non-profit organization and was incorporated in 1968 as a partner of the California State University, Dominguez Hills (CSUDH or the "University") to provide supplemental services that enhance core academic programs which are an integral part of the University's educational mission. CSUDH is a highly diverse, metropolitan university primarily serving the South Bay area of Los Angeles County. CSUDH is one of 23 campuses that comprise the California State University System. The Foundation offers tremendous personal and professional growth opportunities, in addition to competitive compensation and a highly attractive benefits program, including employer-sponsored health, dental vision, life insurance, retirement program and vacation pay. About the Position: This is a unique opportunity for an accounting professional to join a growing organization on the CSUDH campus. This is a senior managerial and leadership position that requires professional skills to support the financial services provided to campus constituents and provide in-depth knowledge and experiences in all aspects of the accounting function. We encourage professionals with 10+ years of non-profit Accounting Manager or Controller experience who are eager to progress to the next level in their career to apply. An active Certified Public Accounting license is a pre-requisite requirement for this position. Position Summary: Under the general direction of the Executive Director, the Chief Financial Officer (CFO) is responsible for the management, oversight, and performance of all fiscal and accounting functions for the Foundation and its ancillary services including accounts payable, receivable, general accounting, and grant accounting. In addition, provides fiscal oversight to Foundation commercial operations and childcare center. The Foundation also provides financial services for campus accounts and clients including Associated Students Incorporated, Loker Student Union, Philanthropic, and other various campus program accounts. The CFO leads and directs on all strategic matters related to budget management, forecasting, and financial reporting. The CFO also plays an instrumental role in the financial and investment activities of the Philanthropic Foundation on-campus. The CFO will provide exemplary leadership and guidance to the accounting staff to ensure compliance with GAAP, GASB/FASB, CSU Education Codes, and Uniformed Guidance standards. The CFO will ensure the ongoing integrity of the Foundation's accounting system, operating on One Solution. Essential Duties and Responsibilities:

  • Serve as a resource and partner to the Executive Director as to the organization's financial status, fiscal policies, and administrative process, working to continuously develop and improve recording and reporting processes and systems.
  • Review and approve the preparation and finalization of monthly, quarterly, and annual financial reporting materials for the Foundation's Board of Directors, including its Executive Committee.
  • Provide reports, advice and consultation to the Foundation Board of Directors on the financial status of the organization and provide recommendations as required. Participate in and make presentations at regular meetings and interactions with the Board of Directors.
  • Manage the long- and short-term investment accounts; ensure a timely distribution for Defined Benefit Pensions and other post-employment benefits funding, along with annual distributions to the University.
  • Lead cash management efforts by monitoring and forecasting cash flow and providing guidance on actions needed to ensure sufficient liquidity to meet benefit, payroll, vendor, and other payment obligations.
  • In addition to the role of CFO for the Foundation, serve as the Chief Financial Officer for the Philanthropic Foundation. Assist the Philanthropic Foundation and its Board of Directors in forming investment strategies and analyzing the ongoing performance of its managed portfolio.
  • Develop plans to address areas of opportunity within the Organization's financial health and financial processes. Assess property/land and strategically assess fees to support Commercial Services contract negotiations.
  • Create and sustain productive vendor, banking and contractual relationships and serve as primary liaison with related third parties.
  • Maintain bank, audit firm, and related third-party relationships. Coordinate auxiliary audit activities to ensure audit compliance, efficiency, and effectiveness.
  • Oversee the maintenance of equipment inventory and the depreciation of all fixed assets; e.g. computers, printers, etc.
  • Develop, maintain, and uphold effective internal controls to safeguard assets related to the procurement of grant-funded resources as set forth in the Uniform Guidance Standards.
  • Oversee tax filings and the timely submission for the Foundation and its clients. Minimum Qualifications and Experience: The following describes the ideal experience and attributes a successful candidate will offer:
    • Bachelor's Degree in Accounting, Finance, or Business Administration. A Master's degree in Business Administration or other equivalent degree preferred.
    • An active certified public accountant license is required.
    • Must possess the knowledge and experience necessary to manage and lead within a financially complex organization.
    • 15+ years of accounting experience, 10+ years of supervisory experience in an Accounting Manager or Controller role.
    • Strong technical knowledge and expertise in Fund Accounting, as well as GAAP, GASB, and FASB standards.
    • Ability to adapt to our integrated ERP System, One Solution.
    • Significant experience overseeing audit activities as well as managing budget development, general ledger activity, and maintenance, and accounting for investments.
    • Experience in a senior financial management role, partnering with executive staff to develop and implement creative financial management strategies, and regularly interacting with board members.
    • Proven experience identifying and managing financial and business risk and making appropriate recommendations and decisions to mitigate risk.
    • Possess strong leadership skills with the ability to influence and engage direct and indirect reports and peers.
    • Experience in Higher Education. Knowledge, Skills, and Abilities:
      • Manage, mentor, and develop a direct--accounting team of five, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
      • Represent the Foundation at relevant meetings and events to share the mission and purpose of the organization at CSUDH.
      • Assess all Foundation contracts and other legal agreements before the signature of the Executive Director and university officers.
      • Ability to work in a collaborative manner with senior management throughout the Foundation, University, and California State University System.
      • Collaborate with other Foundation senior leadership regarding the development of policy/procedure, strategic planning, and decision-making to encourage organizational stability and growth.
      • Work on special projects and perform other duties as assigned. The Foundation is an Affirmative Action/Equal Opportunity Employer and does not discriminate against persons on basis of race, religion, color, ancestry, age, disability, genetic information, gender, gender identity, gender expression, marital status, medical condition, national origin, sex sexual orientation, covered veteran status, or any other protected status. EEO/AA/Disability/Veterans: Individuals with disabilities requesting accommodations under the Americans with Disabilities Act (ADA) may contact the Foundation Human Resources Office at (310) 243-1062. E-Verify: This position requires new and re-hire employment verification to be processed through the E-Verify program administered by the Department of Homeland Security, U.S. Citizenship and Immigration Service in partnership with the Social Security Administration. If hired, the successful candidate will be required to furnish proof of legal authorization to work in the United States. Conditions of Employment: The person holding this position is considered a "mandated reporter" under the California Child Abuse and Neglect Reporting Act and is required to comply with the requirements set forth as a condition of employment. A background check (including a criminal records check) and Live Scan must be completed satisfactorily for any position that the CSUDH Foundation deems sensitive. Sensitive positions are those requiring heightened scrutiny of individuals holding the position based on the potential for harm to children. Concerns for the safety and security of people, animals, or property, or heightened risk for financial loss to the CSUDH Foundation or individuals in the university community. Failure to satisfactorily complete the background check may affect the application status of applicants or continued employment of current employees. Employment at the Foundation is on an at-will basis and can be terminated by either an employee or the Foundation at any time with or without cause or advanced notice. Permanent status can neither be obtained nor granted.

Keywords: CSUDH Foundation, Carson , Chief Financial Officer, Accounting, Auditing , Carson, California

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