University Enterprises, Inc. Looking for Director of Finance / Chief Financial Officer at Sacramento, CA Full Time

University Enterprises, Inc. (UEI) is seeking a Director of Finance/Chief Financial Officer for the Business Services Division at Sacramento State. UEI is a Sacramento State non-profit auxiliary organization which meets the evolving needs of the University community by providing programs and services that support and strengthen the Sacramento State experience. Business Services oversees and manages the business and financial operations of UEI. The primary functions of the department include preparing and processing financial and business transactions, bank account reconciliation, purchase orders, monthly, quarterly, and year-end financial statements, and corporate and other tax forms. The department also maintains fixed asset and depreciation records, oversees investment activity and performs performance analyses, and coordinates and consolidates the annual budget. UEI Business Services also provides in-depth, state-of-the-business reporting for review and analysis by internal and external audiences such as the UEI board of directors, corporate committees, the Chancellor’s Office, federal and state agencies, banking institutions, auditors, vendors, and creditors.

Pay Rate: This position is exempt. Salary is commensurate with experience.

Benefits: UEI offers an excellent benefits package. 

   Participation in CalPERS Retirement Program
   Paid Vacation Time – starting at 16 hours accrued/month
   Paid Sick Time – 8 hours accrued/month
   Paid Holidays – 13 paid holidays per year including paid time off the week between Christmas Day and New Year’s Day as the CSUS campus is closed
   Excellent medical benefits – 100% employer-paid medical & dental for employee-only coverage and low cost for family coverage
   Educational Assistance Program for employees and/or dependents

Application instructions: Apply online. This position is open until filled with a priority review date of September 12, 2022.

Sacramento State requires all campus employees, including auxiliary employees, to be fully vaccinated, including a booster, against COVID-19 unless they have a qualifying exemption.

Position Overview:

The position plans, organizes, directs, manages, and supervises the accounting services, payroll, and Information Technology functions of University Enterprises, Inc. (UEI). The position assists the Executive Director with long-range financial planning and control; and oversees budgetary and financial reporting.  The Director ensures the delivery of timely and comprehensive financial reports that meet the needs of all UEI departments. The position reports directly to and receives general direction from the Executive Director.  Reporting to the position are the Controller, Information Technology Manager, and Payroll Manager. 

Duties & Responsibilities:

   Plans, organizes, directs, manages, and supervises the accounting, information technology, and payroll functions; assists the Executive Director with the general financial management of all programs, functions, and services and long-range fiscal planning and control.
   Makes quarterly financial presentations to the Budget & Finance Committee and Board of Directors.
   Prepares and assists with special projects for Board presentations related to fiscal matters, such as real property purchases and sales.  Provides information to the Executive Director for decision making concerning property development and other business matters.
   Coordinates all Requests for Proposal processes for investment advisory, banking and accounting firm services.  
   Directs and performs financial planning and review to meet short and long-range corporate needs such as changes in departments, facilities acquisition and development, equipment, personnel, and programs that may have a major financial impact on UEI; develops plans when necessary.

   Oversees the hiring, development, and evaluation of accounting, information technology, and payroll staff within UEI policies and guidelines. Supervises staff in Business Services Division, Information Technology and Payroll Services and furnishes support and direction for the development of accurate reports and records, information consolidation, problem resolution, and completion of UEI obligations. Ensures internal accounting controls within areas of responsibility.  Ensures reporting compliance with government agencies, guaranteeing compliance with Generally Accepted Accounting Principles and Standards, Government Auditing Standards, Office of the Chancellor, and U.S. Office of Management and Budget Circular A-133.
   Administers cash flow to meet short and long-term financial requirements.  Examines and translates financial information related to specific business decisions; reports on operating results, cash flow, financial forecasts, restricted funds’ activities, investments, and related issues.
   Oversees the development, preparation, and presentation of quarterly and annual financial statements and tax returns and approves the audited financial reports prior to submission to the Board of Directors.
   Examines investments and consults with appropriate staff and investment managers regarding investment needs and maximization of investment income. Makes investment recommendations to the Board Investment Committee.
   Participates in and oversees annual budget and financial presentations by UEI Directors and managers; supervises consolidation and publication of budget documents; researches issues and provides input for decision making process; plans and institutes procedures and reporting of financial information as required.
   Coordinates annual compliance with UEI net asset reserve requirements and policies. Allocates excess or deficit working capital to appropriate net asset reserve categories for ultimate approval by the Board of Directors.
   Works closely with financial institutions, bond counsel, underwriters, University and Chancellor’s Office personnel, and rating agencies to finance capital acquisitions.  Negotiates contracts as required.  Ensures that UEI remains in compliance with all requirements related to debt service covenants.  
   Works closely with UEI’s retail, Property Services, and Sponsored Programs Administration departments to ensure excellent customer service in meeting departmental financial reporting requirements.
   Supervises Controller who coordinates internal and external audits, and responses.  Signs purchase orders, contracts and checks.
   Participates in formulating and implementing financial and administrative policies, objectives and programs.  Serves as a consultant on financial issues for the Executive Director, Board of Directors, management staff, and project personnel regarding financial issues concerning the administration and operation of corporate services and facilities; researches issues for resolution of problems; and develops recommendations regarding UEI operations, taxes, policies, services, and operating guidelines.
   Assists UEI’s general counsel and risk manager with business insurance matters, exclusive of workers compensation and unemployment, including property, automobile, liability and officers & directors. 
   Views, listens to, discusses and acts upon confidential information pertaining to personnel and financial issues.  Confidential information includes legal and contractual information including attorney-client privileged information.  
   Performs other job-related duties as assigned.

Minimum Qualifications:

1.    Bachelor’s Degree in Business Administration or related field.  Certified Public Accountant license.
2.    Demonstrated substantial work experience with fiscal planning, development and reporting.  Demonstrated knowledge of system and project implementation as it relates to business and financial information systems and processes.
3.    Demonstrated knowledge and skill in generally accepted accounting principles and auditing standards. 
4.    Demonstrated experience in nonprofit accounting.
5.    Excellent communication and people skills. 
6.    Demonstrated knowledge of the methods, practices, and principles of financial administration, finance, accounting, auditing, tax, business law, financial analysis and research; budget development; investment and cash management principles and practices; and data processing methods.
7.    Demonstrated knowledge of principles of supervision, employee development, and performance evaluation; and computer systems and software applications related to fiscal planning.
8.    Demonstrated ability to plan, organize, direct, manage, and supervise corporate accounting services, cashier, and payroll functions; oversee the selection, supervision, coordination, training, and evaluation of staff consistent with University Enterprises policies.
9.    Demonstrated experience in financial statement preparation and cash flow forecasting.
10.    Demonstrated ability to prepare and monitor budgets; perform fiscal planning; direct the development of complex financial statements and reports; and use computer systems and software in the performance of fiscal planning and development, and scheduling responsibilities.
11.    Must be customer service oriented.
12.    Must be fingerprinted and pass a background check.  Must continue to meet the established standards.

Preferred Qualifications:

   Master of Business Administration degree.

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