Chief Financial Officer

Thank you for your interest in employment with Louisiana Tech University.

Department: Louisiana Tech University Division of Innovation and Advancement (IA)

Reports To: Chief Executive Officer Louisiana Tech University Foundation and Senior Vice President of Innovation and Advancement

Location: Ruston Louisiana

Employment Type: Full-Time Unclassified

Louisiana Tech University: As a selective-admissions comprehensive public university Louisiana Tech is committed to quality in teaching research creative scholarship public service and economic development. Louisiana Tech maintains as its highest priority the education and development of its students in a challenging environment within a safe and supportive diverse community of learners. The Division of Innovation and Advancement (IA) leads the growth and integration of innovation public-private partnerships philanthropy donor engagement and diversified business engagements to strengthen the excellence of each activity drive the market-orientation of the university and generate a diversified set of revenue streams to the University and the Foundation.

The Louisiana Tech University Foundation: A 501(c)(3) committed to advancing the mission of Louisiana Tech University by securing and stewarding private support fostering donor relationships driving diversified business engagements and revenue streams and promoting a culture of philanthropy. Through innovative strategic partnerships and prudent financial stewardship the Foundation supports the Universitys pursuit of excellence in education research and service to the state nation and world.

Position Summary:

The Chief Financial Officer (CFO) of the Louisiana Tech University Foundation is a strategic leadership role responsible for the financial stewardship planning and operational efficiency of the Foundation and its subsidiaries and a key member of the university leadership team. The CFO ensures sound financial planning risk management governance and compliance and business operations to support the Foundations mission of advancing Louisiana Tech University through philanthropy investment and diversified business engagements that drive alternative revenue streams.

Primary Responsibilities:

Financial Strategy & Leadership (20%)

Develop and implement financial strategies that align with the Foundations strategic goals and Louisiana Tech Universitys mission.

Serve as a key advisor to the CEO and Board of Directors on financial planning risk management and performance.

Oversee the Foundations relationship with external investment manager

Participate in strategic decision-making and long-range planning.

Accounting & Financial Reporting (20%)

Oversee all accounting and financial reporting functions including preparation of monthly quarterly and annual financial statements.

Ensure compliance with GAAP FASB and all applicable federal and state regulations.

Oversee the preparation and filing of IRS Form 990 and other tax filings.

Oversee the annual reporting for the Board of Regents Endowed

Professorships and Chairs Budgeting & Forecasting (15%)

Lead the development of annual operating budgets and multi-year forecasts.

Monitor financial performance against budgets and recommend corrective actions as needed.

Provide detailed reporting to university leadership and external stakeholders.

Collaborate with Foundation CEO and University Leadership regarding capital projects.

Investment Oversight (15%)

Serve as liaison to the Foundations investment manager and the Asset Management Committee of the Board.

Collaborate with the external investment manager to monitor the Foundations investment portfolio in accordance with established policies.

Oversee endowment and fund accounting disbursements and donor restrictions.

Risk Management & Internal Controls (15%)

Maintain and enhance internal controls to safeguard Foundation assets.

Coordinate all external and internal audits.

Ensure compliance with Louisiana Tech University Louisiana Board of Regents and University of Louisiana System policies and procedures.

Staff Leadership & Collaboration (15%)

Supervise and mentor accounting staff.

Collaborate with IA Division leadership other university leadership donors legal counsel and partners on optimizing Foundation business services.

Present financial reports and updates to the Board of Directors and committees.

Promote a culture of ethics accountability and service.

Qualifications:

Bachelors degree in accounting finance or related field; CPA and advanced degree in relevant field preferred.

Minimum 10 years of progressive financial leadership experience preferably in a university foundation nonprofit or higher education environment.

Strong understanding of nonprofit tax law charitable giving regulations and foundation governance.

Ability to analyze complex financial data and translate it for diverse stakeholders.

Proficiency with financial software systems (e.g. Blackbaud Financial Edge).

Strong organizational skills and attention to detail.

Strong ethical foundation and commitment to the mission of higher education. Experience working with governing boards and senior leadership.

Proven leadership and management ability with strong communication and interpersonal skills.

Application Instructions:

To apply please attach a cover letter resume and contact information for three professional references to the application.

Questions please contact Martha Stevens at .

Louisiana Tech is an Equal Opportunity/Affirmative Action/ADA Employer and places a high priority on the creation of an environment supportive of ethnic minorities women veterans and persons with disabilities.

Posting Close Date: This position will remain open until filled.

Please Note: Applications must be completed by 11:59 p.m. on the Job Closing Date to ensure consideration.

Note to Applicant:

Applicants should fully describe their qualifications and experience with specific reference to each of the minimum and preferred qualifications in their cover letter. The search committee will use this information during the initial review of application materials.

References will be contacted at the appropriate phase of the recruitment process.

This position may require a criminal background check to be conducted on the candidate(s) selected for hire.

As part of the hiring process applicants for positions at the Louisiana Tech University may be required to demonstrate the ability to perform job-related tasks.