Finance and Treasury Director
University of San Francisco
The Office of Finance & Treasury is seeking a qualified, motivated individual to fill the position of Finance and Treasury Director. This position will be a key member of the Finance team at the University and will report directly to the Associate Vice President for Finance & Treasury. The Finance and Treasury Director will assist in the planning, directing, accounting, and management of the University's endowment assets, currently estimated at approximately $375 million, in addition to the University's operating cash and investments and debt porfolios.
Representative duties of the Finance and Treasury position include the following:
Banking and Cash Management
Oversee the administration of all University bank accounts, including on-line access, signature authority, and account security
Manage all banking services and engage banks for services needed
Periodically review bank account structure to meet both operating and endowment banking needs
Oversee the preparation of both short-term and long-term cash forecasts
Continually assess short-term investment options to optimize investment returns with the appropriate risk/return criteria
Review budget to actual financial results recorded in the Universitys financial system
Endowment and Investment Accounting
Administer the Universitys endowment system for over 500 endowment funds
Work with the Development Office on information included in annual endowment reports sent to donors
Calculate and distribute endowment spending estimates and final amounts to Business Managers of various University departments
Oversee and report on endowment cash levels
Oversee reporting of both operating and endowment liquidity schedules for both the Finance Committee and the Investment Committee of the Board of Trustees
Supervise the preparation of alternative investment valuations, schedules, and journal entries on a quarterly basis
Coordinate and review real estate appraisals on an annual basis
Work with the external auditors on year-end investment valuations for alternative investments and real estate during both interim and year-end fieldwork
Update notes to the Universitys audited financial statements related to investment valuations and liquidity terms.
Implement reallocations and changes to investment managers approved by the Investment Committee of the Board of Trustees
Attend annual meetings for alternative investment managers and meet periodically with other investment managers
Oversee the implementation and maintenance of an alternative investment system and reporting for alternative investments
Oversee the due diligence process for all new alternative investment partnerships
Maintain commitment amounts to investment partnerships for overall cash management and financial statement reporting
Work with external investment consultant on the quarterly endowment performance report
Assist with new taxable and tax-exempt financing transactions, including providing financial information to banks, rating agencies, and underwriters
Maintain university debt service schedules and oversee debt service payments are made in a timely manner.
Prepare annual and semi-annual compliance reports to the California Educational Facilities Authority, the bond trustee, and other creditors.
Prepare debt schedules for quarterly meetings of the Finance Committee of the Board of Trustees
Work with University Controller on journal entries for financing transactions and information in the notes to the audited financial statements
Create or update University investment, debt, and operating cash policies
Prepare or oversee the preparation of various financial reports for both the Finance Committee and Investment Committee of the Board of Trustees
Prepare financial models as needed
Other duties as assigned
A CPA license, and 5-10 years of relevant experience is required.
MBA or Masters of Accounting preferred, but not required
Experience with the Universitys Enterprise Reporting System, Banner, preferred but not required
Experience with the Universitys endowment system, Fundriver, preferred but not required
The qualified candidate must be motivated, demonstrate the ability to work independently, and possess strong analytical, communication (both verbal and written), technical, and time management skills.
Additional Knowledge, Skills, and Abilities:
For information on how to apply, please visit the following link: www.usfjobs.com
The University of San Francisco is an equal opportunity institution of higher education. As a matter of policy, the University does not discriminate in employment, educational services and academic programs on the basis of an individuals race, color, religion, religious creed, ancestry, national origin, age (except minors), sex, gender identity, sexual orientation, marital status, medical condition (cancer-related and genetic-related) and disability, and the other bases prohibited by law. The University reasonably accommodates qualified individuals with disabilities under the law.