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Details
Posted: 18-Oct-25
Location: Baltimore, Maryland
Internal Number: 8319
Financial Management Policies and Procedures
- Develop, implement, and continuously improve financial policies, procedures, and internal controls to safeguard foundation assets and ensure compliance with legal and regulatory requirements.
- Prepare and present accurate, timely financial reports, budgets, and forecasts to the Executive Director, board of directors, and stakeholders.
- Oversee all accounting functions, including accounts payable, accounts receivable, payroll, reconciliations, and general ledger management.
- Ensure consistency in financial reporting and alignment across advancement units.
Funding Administration, Operations, and Financial Systems
- Lead a comprehensive assessment and audit of current financial and operational systems, identifying gaps, inefficiencies, and risks.
- Serve as a change agent to design and implement modern accounting and financial management systems that strengthen automation, transparency, and accountability.
- Restructure and maintain the chart of accounts, ensuring alignment with organizational growth, fund structures, and reporting needs.
- Oversee the funding process for endowed funds, scholarships, restricted and unrestricted accounts, ensuring compliance with donor intent and legal standards.
- Ensure accuracy, timeliness, and transparency in gift fund management and disbursement.
- Establish benchmarks and best practices for operational excellence in nonprofit financial management.
Strategic Planning and Governance
- Provide strategic financial analysis and scenario planning to guide executive and board decision-making.
- Partner with the Executive Director and board finance committee on investment management, endowment performance, and risk assessment.
- Support governance activities including board reporting, committee management, and fiduciary education.
Compliance and Risk Management
- Ensure compliance with IRS regulations, GAAP, and relevant state and federal requirements.
- Manage audit preparation, auditor relationships, and timely completion of audits with clean findings.
- Develop and implement risk management frameworks to mitigate financial, operational, and regulatory risks.
- Safeguard confidential information and maintain robust fraud prevention and data security protocols.
Leadership and Team Development
- Lead, mentor, and manage finance and operations staff, promoting accountability, professional development, and cross-functional collaboration.
- Act as a transformational leader who builds staff capacity and fosters a culture of innovation, continuous improvement, and excellence.
- Serve as a visible leader and partner across the university, ensuring open communication and effective collaboration
About Morgan State University
Morgan State University is the largest historically black college (HBCU) in Baltimore, Maryland and is Maryland's designated public urban university. Our University offers a dynamic and vibrant environment that encourages a culture of contribution and collaboration. We are always looking to expand our network of professionals who are committed to excellence and strive to provide the best environment for our students.
https://careers.nonprofitadvancement.org/jobs/21758405/assistant-vice-president-for-msu-foundation-operations
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