Chief Financial Officer Position Available In Richmond, Georgia

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 University’s 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 Foundation’s 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 Foundation’s strategic goals and Louisiana Tech University’s mission.
• Serve as a key advisor to the CEO and Board of Directors on financial planning, risk management, and performance.
• Oversee the Foundation’s 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 Foundation’s investment manager and the Asset Management Committee of the Board.
• Collaborate with the external investment manager to monitor the Foundation’s 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:

• Bachelor’s 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 mstevens@latech.edu. 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. Louisiana Tech offers students an unparalleled educational experience in its 79 undergraduate majors, 32 master’s degree programs, and nine doctoral programs. Founded in 1894, the University has been recognized as one of America’s Top Colleges in Forbes and as the No. 1 college in the state of Louisiana for value in Kiplinger’s. The University has been ranked as a Top Tier research university in US News and World Report for 10 years, and is the only university in the state of Louisiana to be recognized in the Times Higher Education (THE) 2020 University Impact Rankings for its commitment to sustainable development. The University has a history of and commitment to creating programs that are the first in their fields, like biomedical and cyber engineering. Louisiana Tech’s partnerships with business, government and the military help create both academic programs and job development in the I-20 Cyber Corridor. Louisiana Tech is an economic driver for our region and state, and our campus is a home for new and growing enterprises. This connection to innovation impacts our academic programs and provides job opportunities for our students in fields like cybersecurity and engineering. The traditional core campus of approximately 280 acres connects with the Enterprise Campus, a home for new and growing enterprises and to the heart of Ruston. Louisiana Tech and the City of Ruston continue to work hand in hand to create a healthier and more environmentally responsible community by developing safe pedestrian paths, lighting, sustainable landscaping, bicycle paths and more. Louisiana Tech University adheres to the equal opportunity provisions of federal and civil rights laws, and does not discriminate on the basis of race, color, national origin, religion, age, sex, sexual orientation, marital status or disability. Louisiana Tech University is a SAME agency. Mortissa Harvey –

Title IX Coordinator Office Location:

Wyly Tower 1536

Phone:

318.257.5911

Email:

mharvey@latech.edu