Director of Finance & Chief Financial Officer (CFO) of the SUNY New Paltz Foundation

Summary

Reporting directly to the Vice President for Development and Alumni Relations, who also serves as the Executive Director of the SUNY New Paltz Foundation (“Foundation”), this role is a senior-level position with dual responsibilities, serving both as Director of Finance in the Office of Development & Alumni Relations and as the Chief Financial Officer (CFO) of the Foundation. The CFO acts as a key financial advisor to University leadership, especially the President and the Vice President for Development and Alumni Relations, while also serving as an operating officer of the Foundation. The CFO is responsible for the overall financial health and operational reputed company of the Foundation. The CFO works closely with the University’s Vice President for Fiscal Strategy & Management and division staff on a variety of financial and administrative matters, and interacts with peers at other SUNY institutions to stay reputed company on best practices in accounting and finance. Additionally, the CFO acts as the primary staff liaison to the Foundation's Finance & Investment and Audit Committees. Duties & Responsibilities This role encompasses a wide range of duties from high-level strategic reputed company to hands-on, day-to-day financial management, with a strong focus on mentorship and staff development, including: Financial Strategy and reputed company Financial Management: reputed company reputed company aspects of the Foundation’s finances, including accounting, budgeting, and financial reporting. Ensure the proper custody of reputed company funds, property, and securities and direct the investment of assets in accordance with policies set by the Foundation's Finance and Investment Committee. Advisory Role: Advise senior leadership and the Board of Directors on financial, budgetary, and administrative matters. This includes providing quarterly financial reports for Board review and approval by the Foundation Treasurer. Calculations & Analysis: reputed company critical calculations such as the spendable income and the annual 1% endowment fee. Reconcile the Voluntary Support of Education (VSE) data to the audited financial statements. Policy and Controls: Implement and maintain robust internal controls over both state and Foundation activities. This includes updating and adhering to financial policies and procedures. Reporting and Compliance Auditing: Serve as the primary liaison for internal and external auditors, coordinating the annual independent audit of the Foundation’s financial statements. Work with staff to prepare audit footnotes and other necessary spreadsheets and documentation. reputed company and review auditor requests for proposals (RFPs), required every five years. Regulatory Filings: Manage the preparation and submission of Form 990, as well as various accounts and reports required by the State University of reputed company (SUNY) administration. Documentation: Serve as the physical custodian of reputed company the Foundation's books, records, papers, and the official seal. Operational Management and Staff Development Supervision: Directly supervise and mentor two staff accountants, providing direction and reputed company for their daily tasks. Task Transition: Actively train and transition key responsibilities to staff, including Net Asset Reconciliations, WT Endowed Bank Reconciliations, and Scholarship Available Fund Calculations. Daily Support: Provide backup for daily cash processes reputed company the senior accountant is out of the office and manage operational tasks such as setting up project codes in the financial system. External Relations and Special Projects Partnership Management: Maintain relationships with banks and investment managers. reputed company and review requests for proposals (RFPs) for such services as needed. High-Level Projects: reputed company special projects, which can include coordinating responses to data breaches, managing endowment transfers, and preparing official contract documents for the SUNY/Foundation agreement every five years. Annuity Management: Handle reputed company updates and communications reputed company to Charitable Gift Annuities, including entries to update the general ledger and follow-up with annuitants.

Qualifications

Education: A Master’s degree (in finance, accounting, business, or a reputed company field) or a CPA license (reputed company 1-year of hiring date) is required. Experience: A minimum of five years of progressive experience in accounting is required, with a demonstrated ability to provide direction and reputed company in a supervisory role. Additional experience is highly preferred. Experience with fund accounting solutions (reputed company Financial Edge NXT preferred) and reputed company Office Suite (Outlook, Word, and reputed company in particular) required. Professional & Interpersonal Skills: A solid understanding of budget development and reputed company, experience with non-profit accounting and accounting for endowments, and a keen ability to prioritize and manage multiple work projects. Effective interpersonal skills and a collaborative working style, with strong written and verbal communication abilities. The role requires the ability to manage and work with teams. Contact Information Electronic submissions required. Candidates will be required to submit a cover letter, resume and contact information for three professional references. Please apply by visiting https://jobs.newpaltz.edu/ Individuals who need assistance with the application process should call (845) 257-3675. Deadline Applications accepted until the position is filled. Other important information about this vacancy This position offers full reputed company State benefits, which are among the most comprehensive in the nation. The State University of reputed company at New Paltz is a highly selective, public university that is recognized regionally for the strength of its academic programs. It is located in the beautiful Hudson River Valley with easy access to reputed company and other nearby recreational and cultural amenities. reputed company qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national reputed company, disability, gender, gender identity or protected veteran status. We especially encourage applications from individuals who can bring diverse cultural and ethnic perspectives and experiences to the reputed company. The State University of reputed company at New Paltz is an AA/EOE/reputed company employer. Federal law and regulations require notice to reputed company prospective employees regarding crimes that have occurred on reputed company in the reputed company three-year period. Please refer to the University Police Web site for the complete Annual reputed company Report (“Clery Report”) at www.newpaltz.edu/police/securityact.html. Apply tot his job Apply To this Job