Chief Financial Officer

Chief Financial Officer

28 Apr 2025
Kentucky, Louisville, 40201 Louisville USA

Chief Financial Officer

The Chief Financial Officer reports to, partners with and operates under the general direction of the Executive Director and Chief Operating Officer (“ED/COO”).  The Chief Financial Officer (“CFO”) is responsible for the financial operations of the Foundation.  This includes accounting operations, financial reporting, endowment accounting, bond financing, accounts payable, internal controls, annual audit and tax compliance.  The Chief Financial Officer provides strategic advice and assists the Executive Director and Board of Directors in establishing financial policies. The CFO is the key staff liaison with the University of Louisville’s business office and Unit Business Managers of the University of Louisville, and with bankers, external auditors, and with the Finance and Audit Committees. He or she also provides the financial services to the University of Louisville Real Estate Foundation.Key Responsibilities: Assesses organizational performance against both the annual budget and the organizations’ long-term strategy; develops tools and systems to provide critical financial and operational information to the ED/COO and make actionable recommendations.Ensures the integrity of financial transactions and financial and budget reporting of the University of Louisville Foundation, Inc. and University of Louisville Real Estate Foundation. Preparation of financial statements and analysis for the Board, Executive Director and the Finance Committee.Engages the ED/COO and finance committee of the Board to develop short, medium and long-term financial plans and projections. Develops and delivers financial presentations to the Board and constituents across campus.Serve as staff liaison to the Audit Committee in recommending the selection of the independent audit firm, coordinating and preparation of the annual audit.Oversees budgeting and the implementation of budgets to monitor progress and present financial metrics internally and externally.Tax compliance and accurate filing of tax returns for all entities and the Foundations’ retirement plan and payroll.Banking relationships with the Foundations’ treasury function, including cash management, checking and deposit services and loan negotiation.Maintaining accurate corporate financial records and maintain information and files regarding donor restrictions for endowments and restricted funds.Coordination with the Foundations’ real estate consultant concerning property management, real estate taxes and insurance, property maintenance.Responsible for the coordination and record keeping related to two tax-increment financing districts.Serve as legal liaison with Foundations’ counsel in a number of areas, such as the bond issuance process, debt financing and collateral guarantees, property acquisition and disposition, gift acceptance and planned giving documents.Responsible to ensure proper insurance coverage for the Foundation and its entities, including Directors and Officers insurance (D&O), Crime and Theft, Umbrella, Liability, Property, Automobile and Workers Compensation Insurance.  Work closely with insurance consultant and insurance agent.Provides leadership, supervision and development to staff, fostering a shared vision, acting as a role model and demonstrating organizational values.

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