Executive Director, Accounting and Treasury

University of La Verne; La Verne (CA); On-site; USD 124,000 - 137,000; Full time

Benefits offered by this job

Health plan

Tuition remission

403B retirement

Generous time off

Job summary

The University of La Verne seeks an Executive Director of Accounting and Treasury to lead the university's accounting function, cash management, forecasting, and risk management. This role reports to the Associate VP of Finance and collaborates with the CFO on financial strategy and reporting.

Responsibilities include month-end close, audit coordination, endowment and investment reporting, and bank relationships.

Qualifications

• Non-profit accounting knowledge and GAAP in university setting.
• Experience with 990 forms and annual tax reporting.
• Ability to exercise independent judgement with discretion.
• Strong analytical and decision-making abilities.
• Commitment to customer service and stakeholder relations.
• Experience overseeing endowments and investments reporting.
• Supervisory experience required and strong organizational skills.
• Excellent communication, both written and verbal.

Responsibilities

• Oversee accounting in the general ledger and month-end close.
• Prepare monthly financial statements for Board and management.
• Lead annual audit and coordinate with external auditors.
• Prepare 990 and 590 tax reports with tax accountants.
• Oversee endowment, operating cash, and other funds; ensure policy compliance.
• Maintain banking relations and cash management.
• Provide liquidity analysis and financial forecasting.
• Supervise staff accountants.
• Present at Audit and Investment Committees.

Skills

Non-profit accounting

General ledger

990 preparation

Judgement and discretion

Analytical skills

Customer service

Endowment reporting

Supervisory experience

Organizational skills

Attention to detail

Self-motivation

Verbal and written communication

Tools

Microsoft Office

Excel

macOS

V-lookup

Charts and graphs

Job description

Executive Director, Accounting and Treasury

Please see Special Instructions for more details.

The University of La Verne is unable to provide sponsorship for work visas at this time. Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.

Job Vacancy Announcement

Position Information

Functional Title

Functional Title Executive Director, Accounting and Treasury

Position Type

Position Type Administrative/Professional

Appointment Type

Appointment Type Regular

FTE %

100%

Work Schedule (if atypical)

University Overview

Embark on an exciting journey with the University of La Verne, where your career aspirations come to life in a vibrant and welcoming environment. Established in 1891, our diverse and inclusive community is more than just a university—it’s a home for passionate individuals like you.

At the University of La Verne, we embody four core values that set us apart—Ethical Reasoning, Diversity and Inclusivity, Lifelong Learning, and Civic and Community Engagement. If you’re fueled by these principles and are eager to make a meaningful impact, your journey begins here.

With a rich history spanning 132 years, the University of La Verne boasts a global Leo Family of 89,000+ accomplished alumni. As the #1 private university in California for social mobility according to U.S. News and World Report 2024, and recently recognized as the 33rd Best U.S. College by the Wall Street Journal 2024, we take pride in our commitment to excellence in education.

Join us in shaping the future, where your passion meets purpose. Come be part of something extraordinary.

Diversity Statement

The University supports a diverse and inclusive environment where students recognize and benefit from the life experiences and viewpoints of other students, faculty, and staff. Diversity is an active and intentional practice that supports difference and multiplicity to expand knowledge, educate capable citizens, develop the whole person, and serve our local and global communities. Promoting and sustaining diversity is a commitment to educational quality and the creation of positive, respectful learning communities.

Job Description Summary

Reporting to the Associate Vice President of Finance, while working closely with the CFO, this position is responsible for the accounting function and reporting for the institution. In addition, this position also executes the functions of cash and financial forecasting, operating cash investments, liquidity, cash inflows and outflows, banking and financial institution relationships, and financial risk management related to the University’s financial activities.

Minimum Qualifications

• Strong understanding of all aspects of Non-profit Accounting through Financial Statement preparation.
• Knowledge of General Ledger software.
• Experience in preparation of data for the Federal form 990.
• Ability to exercise a high degree of accurate and independent judgement, tact, and discretion.
• Strong analytical skills in evaluating situations and making decisions.
• Demonstrated commitment to providing excellent customer service and the ability to work with a broad constituency and develop effective working relations with University administrators, faculty, staff, students, and Trustees.
• Working knowledge of pooled endowments, including unitization, spending policies, asset allocations, funding transfers, and endowment financial reporting requirements.
• Supervisory experience required.
• Strong organizational skills.
• Strong attention to detail.
• Self-motivated.
• Excellent verbal and written communication skill.

Preferred Qualifications

• Higher Education experience.
• Knowledge of financial and treasury principles expected.
• Advanced skill and knowledge of Microsoft Office software, especially Excel, and adept at using macos, V-lookup, creating charts and graph.

Benefits Summary

Applicants, please note that actual compensation is determined by several factors that are unique to each candidate, including but not limited to job-related skills, depth of experience, certifications, relevant education or training, and specific work location, among others. The offered wage or salary is only one aspect of an employee’s total compensation

Benefits include a comprehensive health and wellness plan, tuition remission program for employee, spouse, and dependent children, a generous contribution to the University’s 403B retirement plan, and a generous time off plan.

Employment is contingent upon successful completion and clearance of a background check and employment verification.

Location

Physical Demands Summary

The physical demands include the ability to sit, stand, walk, bend, and lift up to 20 pounds occasionally. Clear verbal and written communication is essential, as the position involves frequent interaction with colleagues, clients, or external partners. The noise level is generally low to moderate. The position may involves meeting deadlines or managing multiple priorities, which can require sustained focus and mental stamina.

Do the essential functions of this job require lifting? Yes

Maximum weight and duration 20lbs

Describe work environment This position is based in a standard office environment and primarily involves sedentary work. Employees are expected to spend extended periods of time working at a desk, using a computer, and engaging in routine office tasks such as emailing and phones.

Duties

• Management of accounting function in the general ledger, and related sub ledgers. Monthly close process, including monthly checklist of reconciliations, standard journal entries, monthly reconciliations of bank accounts, quarterly review of capital assets, and GL balances in all funds.
• Monthly financial statement preparation and analysis for including but not limited to the Board of Trustees, Senior Management, Creditors, Rating Agencies.
• Preparation of annual audit workpapers.
• Management of the annual audit and work with outside auditors.
• Work with University tax accountants to prepare the University’s annual 990 and 590 tax reports.
• Oversight of the following portfolios: endowment ($161M), operating cash ($100M), annuities and trusts ($2.8M), and student loan funds ($3M). Ensure that the University complies with the Investment Policy, Operating Cash Policy, and other financial polices and procedures as it pertains to investments. Develop strategies to maximize efficiencies, yields, safeguard assets and cost control.
• Overview and maintenance of all bank and investment accounts and the relationship with the various financial institutions, and investment managers. Administer Wells Fargo Bank CEO Portal, which requires set-up of all employee and student users, who require banking information, reports, or PCard access (approx. 150 users), program access, limits, and general University settings.
• Advise Management on the liquidity aspects of long and short-term financial planning. Monitor bank fees, and identify opportunities for savings.
• Manage and execute functions related to cash liquidity, bank, trustee, brokerage management, investment management. Work with University’s endowment management consultants in administering investments decisions approved by the Board Investment Committee. Develop financial models for investments, cash flow projections (sources and uses of cash), and other financial/treasury-related reports as needed for financial decisions and positions. Forecast cash flow positions, related borrowing needs, and available funds for investments. Ensure sufficient funds are available to meet ongoing operational and capital investment cash liquidity needs. Manage all banking access.
• Oversee the completion of various annual financial reports and surveys.
• Assist in financial internal control development, implementation, and assessment.
• Work with and train operational units with Federal and State legislative compliance.
• Manage direct reports of all staff accountants.
• Additional tasks as assigned by the Associate Vice President of Finance and HR, and the CFO .
• Attend, participate, and present in the Audit and Investment Committees of the Board of Trustees.

Salary Range

Minimum: $124,347.83

Maximum: $137,437.43

Special Instructions to Applicants

The University of La Verne is unable to provide sponsorship for work visas at this time. Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.

Posting Specific Questions

• How did you hear about this employment opportunity?
  • HigherEdjobs.com
  • AcademicCareers.com
  • University of La Verne Website
  • Referred by University of La Verne Employee
  • Other