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Savannah State University
Director of Foundation Finance & Accounting
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What they do
A Director of Accounting oversees all financial operations of a company or organization. They manage accounting staff, oversee financial reporting, and develop and implement accounting policies and ensure compliance with tax and accounting regulations.
$151,630 / year median in Georgia
Job Description
About Us Savannah State University established in 1890, is the first public historically black college or university in the state of Georgia and the first institution of higher learning in the city of Savannah. The university's students select majors from five colleges: Business Administration Education Engineering and Computing Media, Arts, and Communication Science and Humanities The campus is by far the most picturesque in the state of Georgia. The moss-laden sweeping oak trees, expansive marsh and historic architecture create a resplendent yet tranquil atmosphere. Beneath the beauty and splendor is a vibrant residential campus bursting at the seams with the vim and vigor of quality collegiate life: relevant academic majors, engaging lectures, cutting-edge research, quality student-faculty engagement and a nurturing environment. Job Summary The Director of Foundation Accounting is responsible for the strategic oversight and day-to-day management of all accounting functions for the Savannah State University Foundation. This role is housed within the Division of University Advancement and ensures the integrity of financial reporting, compliance with nonprofit accounting standards, and effective stewardship of foundation assets, including endowments and agency funds. The Director serves as a key financial partner to the Executive Director and leadership team, supporting sound fiscal management and donor accountability.
NOTE:
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required eligibility verification form upon hire. This position does not offer sponsorship for employment visas. This role is a position of trust. Responsibilities Financial Management & Reporting Oversee all accounting operations, including general ledger, financial reporting, and account reconciliation. Prepare and present monthly, quarterly, and annual financial statements to Foundation leadership and Board of Directors. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit accounting regulations. Coordinate and manage the annual audit process and serve as primary liaison with external auditors. Process payments for the Community Development, LLC and Real Estate Ventures, LLC. Endowment & Investment Accounting Manage accounting and reporting for endowed funds, including tracking corpus, earnings, and spending allocations. Ensure compliance with donor intent, Foundation policies, and applicable regulations (e.g., Uniform Prudent Management of Institutional Funds Act (UPMIFA)). Work closely with investment advisors to reconcile investment activity and performance reporting. Agency & Restricted Fund Accounting Oversee accounting and reporting for agency accounts and restricted funds. Ensure proper fund classification, tracking, and reporting in accordance with donor restrictions and institutional policies. Partner with campus departments to provide accurate financial reporting and guidance on fund usage. Systems & Process Management Maintain and optimize accounting systems, with preference for experience in Blackbaud Financial Edge or similar nonprofit financial systems. Develop and implement internal controls and best practices to safeguard Foundation assets. Continuously assess and improve accounting processes for efficiency and compliance. Leadership & Collaboration Supervise accounting staff and provide leadership, training, and performance management. Collaborate with Advancement, Finance, and University stakeholders to ensure alignment of financial practices. Support strategic initiatives and provide financial analysis to inform decision-making. Required Qualifications Bachelor's degree in Accounting, Finance, or related field. Minimum of 5-7 years of progressive accounting experience, including nonprofit or foundation accounting. Minimum 3-5 years of management experience. Demonstrated experience managing endowments and restricted funds. Knowledge of nonprofit financial reporting and compliance requirements. Experience and or knowledge of Blackbaud Raiser's Edge. Experience with nonprofit accounting systems such as Financial Edge. Preferred Qualifications CPA or advanced degree in Accounting or Finance. Experience working with Financial Edge Experience working with university or higher education foundations. Strong understanding of investment and endowment accounting practices. Proposed Salary The salary range for this position is $90,000.00 to $100,000.00 annually. Knowledge, Skills, & Abilities Strong analytical and problem-solving skills High level of integrity and attention to detail Excellent communication and presentation skills Ability to manage multiple priorities and meet deadlines Commitment to stewardship, transparency, and accountability Apply Before Date Review of applications will begin upon receipt. For best consideration, apply by August 12, 2026. Contact Information For more information or questions about a job posting, please contact the Department of Human Resources at hr@savannahstate.edu. For technical support, please call the USG Service Desk at (877) 251.2644, or email support@usg.edu. USG Core Values The University System of Georgia is comprised of our 25 institutions of higher education and learning as well as the System Office. Our USG Statement of Core Values are Integrity, Excellence, Accountability, and Respect. These values serve as the foundation for all that we do as an organization, and each USG community member is responsible for demonstrating and upholding these standards. More details on the USG Statement of Core Values and Code of Conduct are available in USG Board Policy 8.2.18.1.2 and can be found on-line at https://www.usg.edu/policymanual/section8/C224/#p8.2.18_personnel_conduct. Additionally, USG supports Freedom of Expression as stated in Board Policy 6.5 Freedom of Expression and Academic Freedom found on-line at https://www.usg.edu/policymanual/section6/C2653. Institutional Values At Savannah State University, five core values shape everything we do: Belonging- Building a community where all voices are valued and respected. Collaboration
- Working together across disciplines and communities for shared success. Discovery
- Pursuing knowledge, research, and exploration that expand horizons. Excellence
- Committing to superior achievement in every endeavor. Resilience
- Rising stronger through challenges with determination and adaptability.