Description

Description

The SIU Foundation invites applicants for the Associate Vice Chancellor for Finance / Chief Financial Officer (CFO) position. As the Foundation's senior financial leader, the CFO provides strategic direction and executive oversight of accounting, budgeting, compliance, treasury/investments, audit, and risk management. This position partners closely with University and Foundation leadership and reports to the Vice Chancellor for Development & Alumni Relations and CEO of SIU Foundation.

Examples of Duties

1. Ensures compliance with donor gift agreements by reviewing donor agreements prior to signature, approving account setup, and overseeing receipting and distribution of funds.
2. Promotes the financial well-being of the foundation by monitoring investments and cash balances, and safeguarding all financial assets of the foundation.
3. Advises the foundation's chief executive officer, senior foundation administration offices, and members of the Foundation Board of Directors on issues relating to the financial status of the foundation by serving as a member of the ECO's executive staff, reporting financial information and the Risk Management Plan to the board of Directors and committees, and by preparing reports, recommendations, findings and other correspondence as required.
4. Helps to ensure achievement of the goals and objectives of the foundation by overseeing the preparation of an annual budget request to the SIU Foundation Board of Directors, using budget models to project future revenue, and following established policies for expenditures.
5. Facilitates an effective working relationship with university officials by ensuring foundation compliance with state fiscal policies and accounting procedures, maintaining open channels of communication with appropriate university officials, facilitating an exchange of information on these subjects, and implementing all relevant state polices regarding fiscal operations.
6. Ensures compliance with professional accounting standards, rules, regulations, and laws by directing, supervising, and facilitating the preparation and maintenance of required and appropriate financial records, monthly, quarterly, and annual financial reports, and all other financial reporting as may be required by federal, state, and local agencies or established accounting standards.
7. Assists in the governance of the foundation by providing financial information to the Board of Directors and implementing the board's decisions through the establishment of policies, procedures, and guidelines.
8. Prevents institutional liability in financial operations by facilitating the access of the independent auditors to requested records during the conduct of the foundations annual audit.
9. Ensures compliance with the institutional mission of the foundation by working with unit managers to develop and review unit plans, goals, and objectives, assuring development of effective business processes, incorporating automation with appropriate technologies, designing systems of effective controls to guide work toward expected outcomes, and evaluating progress towards their accomplishment.
10. Ensures that the Financial Services unit has the resources necessary to provide financial information to support the academic, research and public service mission of the university, preparation of financial reports, the development of incentive funding and cost recovery models that support innovation and growth.
11. Ensures efficient and effective operations of the procurement function by overseeing procurement services, property and receiving as well as all foundation real estate transactions and risk management/insurance analysis and transactions.
12. Facilitates a work environment that encourages knowledge of, respect for, and development of skills to engage with those of other cultures or backgrounds.

Qualifications

Minimum Qualifications: A bachelor's degree in accounting, finance or administration is required, with a minimum of five years direct experience in a senior financial management role. A master's degree is preferred. The successful candidate will possess proven leadership and organizational skills.

Contact: Darla Peterman, darlape@foundation.siu.edu

Benefits

University employees may be eligible for a variety of State of Illinois benefits. These benefits are administered through the Illinois Department of Central Management Service (CMS). These benefits include: Health Insurance plans (HMOs, OAPs, QCHP and CDHP), Dental Insurance, Vision Plan, Life Insurance, Accidental Death & Dismemberment (AD&D), Supplemental Long Term Disability (LTD), Flex Spending Accounts, MCAP and DCAP, and 457(b) Deferred Compensation Plan.

Eligible employees are required to participate in the State Universities Retirement System (SURS). SURS is the retirement administrator for employees in public higher education in the State of Illinois.

Other benefits available to eligible employees include: Generous paid time-off, 403(b) Supplemental Retirement Plans, and Employee Assistance Program.
SIUC also provides extensive tuition benefits for its employees and their families such as: tuition waiver/application fee waiver for the employee and their dependents , a Legacy tuition rate for children of SIU Alumni , and Civil Service Employee Counsel (CSEC) Education Assistance Program (EAP) .

For more information please visit: https://hr.siu.edu/benefits/