Director of Fiscal Operations
Coppin State University
Baltimore, MD
Full-time
Finance
Posted on May 20, 2023
Job Summary:
The Director of Fiscal Operations, Coppin State University Development Foundation is responsible for the financial reporting, accounting, and internal controls of all areas of the Foundation. The Development Foundation is a separate 501 (3) not-for-profit corporation governed by a Board of Directors. The Director of Fiscal Operations is responsible for all financial aspects of the Foundation Operations to include grants, proposals, expenditures, internal controls, and business services. The Director of Fiscal Operations also serves as the Business Manager for the Division of Institutional Advancement. The person in this role will assist in the development and implementation of policies, procedures, and practices to ensure compliance with financial rules and regulations in accordance with University and Foundation policies and procedures.
Essential Responsibilities:
Education:
Conditions of Employment
Position Detail Information
Posting Number
ST2021-0084
Position End Date (if temporary)
Open Date
10/20/2022
Close Date
Open Until Filled
Yes
Special Instructions to Applicant
COVID-19 vaccination is required prior to start of work at Coppin State University. Medical and religious exemption requests are accepted and are evaluated on a case-by-case basis. Please submit any/all documents related to this matter to AskHR@coppin.edu.
The Director of Fiscal Operations, Coppin State University Development Foundation is responsible for the financial reporting, accounting, and internal controls of all areas of the Foundation. The Development Foundation is a separate 501 (3) not-for-profit corporation governed by a Board of Directors. The Director of Fiscal Operations is responsible for all financial aspects of the Foundation Operations to include grants, proposals, expenditures, internal controls, and business services. The Director of Fiscal Operations also serves as the Business Manager for the Division of Institutional Advancement. The person in this role will assist in the development and implementation of policies, procedures, and practices to ensure compliance with financial rules and regulations in accordance with University and Foundation policies and procedures.
Essential Responsibilities:
- Maintain oversight of Development Foundation finances and work collaboratively with Foundation Executive Director to set and monitor budgets.
- Ensure required registrations and other annual submissions are completed.
- Work collaboratively with the Development Foundation Finance Committee Chair to monitor budgets and perform forecasting.
- Serve as the Business Manager for the Division of Institutional Advancement, monitoring budgets, ongoing contracts, and approving State expenditures.
- Develop policy and procedures for the Development Foundation to ensure the entities solvency and compliance to the Board of Regents Policy on Affiliated Foundations.
- Develop internal controls and procedures to ensure financial best practices and separation of duties.
- Approve expenditures according to the Development Foundation policies and business procedures.
- Ensure timely reporting regarding Development Foundation operations to the University System of Maryland.
- Maintain oversight of the Development Foundation grants and ensure expenditures align with approved grant budgets.
- Oversee routine and timely transfer of endowment income to University System of Maryland Foundation.
- Work collaboratively with the Institutional Advancement staff to reconcile records and ensure accurate and seamless posting of revenue.
- Oversee Foundation annual external audits and serve as the liaison to the auditors to ensure timely completion.
- Work closely with the CSU Development Foundation Board Finance Committee to monitor finances and ensure transparency for the Board.
- Other duties as assigned by the Vice President of Institutional Advancement.
Education:
- Bachelor's degree in accounting or finance or closely related field.
- MBA or master's degree in accounting, or finance or closely related field highly preferred.
- CPA certification preferred, but not required.
- 5 to 7 years of progressive financial experience inclusive of grants management required.
- Financial experience in a higher education institution or a non-profit setting highly preferred.
- PeopleSoft Financials experience highly preferred, but not required.
- Comprehensive knowledge and understanding of Generally Accepted Accounting Principles (GAAP), Fund Accounting Principles, internal control standards, and comprehensive financial reporting.
- Experience compiling financial statements and accounting for complex financial transactions.
- Ability to manage multiple deadlines and competing priorities with a high degree of reporting accuracy.
- Strong problem solving, analytical, technical, and computer skills required, with a strong attention to detail.
- Knowledge of relative federal and state laws and regulations.
- Knowledge of current trends in financial technologies and analytical tools and issues.
- Excellent leadership skills and competency to work and communicate effectively in a diverse higher education environment.
- Ability to maintain the highest standard of ethical conduct and integrity.
- Excellent written and oral communication skills.
Conditions of Employment
- Moderate lifting up to 20 pounds.
- Evening and weekend work may be required occasionally.
Position Detail Information
Posting Number
ST2021-0084
Position End Date (if temporary)
Open Date
10/20/2022
Close Date
Open Until Filled
Yes
Special Instructions to Applicant
COVID-19 vaccination is required prior to start of work at Coppin State University. Medical and religious exemption requests are accepted and are evaluated on a case-by-case basis. Please submit any/all documents related to this matter to AskHR@coppin.edu.