Foundation Finance Manager
Posting Number: STA00553PO25
Advertised Salary Range: $54,165 - $75,000; Salary commensurate with education and experience.
Location of Vacancy: USC Upstate, Spartanburg, SC
Part/Full Time: Full Time
Work Schedule: Monday – Friday; 8:30am – 5pm; Some evenings and weekends as needed are required.
About University of South Carolina:
From the Upstate to the Lowcountry, the University of South Carolina system is transforming the lives of South Carolinians through the impact of our eight institutions and 20 locations throughout the state. More than 50,000 students are enrolled at one of eight institutions, including the research campus in Columbia and comprehensive four-year universities in Aiken, Upstate and Beaufort. In addition, our Palmetto College campuses in Salkehatchie, Union, Lancaster and Sumter enable students to earn associate or bachelor's degrees through a combination of in-person, online or blended learning. All of our system institutions place strong emphasis on service - helping to build healthier, more educated communities in South Carolina and beyond.
Advertised Job Summary:
Foundation Finance Manager
University of South Carolina Upstate
STA00553PO25
Spartanburg, SC
The Foundation Finance Manager manages the financial activities and reporting for the USC Upstate Foundation with oversight from the Vice Chancellor for Finance and Administrative Affairs with a dotted reporting line to the Vice Chancellor of Development and Executive Director of the University Foundation. This position ensures the accuracy of fund balances and timely reporting to campus constituents, division leaders and external users. The Foundation Finance Manager is responsible for monitoring the consistency of data between the development database and the financial system and for the accuracy of scholarship disbursements. Responsible for the University Foundation's grant award management.
Job Related Minimum Required Education and Experience:
Requires a bachelor's degree in a job related field and 2 or more years of job related experience, which may be substituted by an equivalent combination of job related certification, training, education, and/or experience.
Required Certification, Licensure/Other Credentials:
Preferred Qualifications:
Bachelor's degree in finance, accounting, business or similar field of study and 3 years of relevant experience or a master's degree and 1 year of relevant experience. Knowledge of GASB and FASB standards required. Experience in a large organization, preferably non-profit or higher education. A successful background check is required.
Knowledge/Skills/Abilities:
Knowledge of the principles, practices, theories and terminology of accounting, banking, budgeting, financial management or investment. Knowledge of state government fiscal accounting processes. Knowledge of financial statement analysis. Ability to analyze and interpret complex financial data and reports. Knowledge of grant award compliance, budgets, tracking of expenditures, and ensuring proper financial reporting of Foundation received grants. Ability to plan, organize, review and supervise the work of subordinates. Ability to establish and maintain effective working relationships with others. Ability to communicate effectively. Knowledge of University policies and procedures related to finance. Use discretion when dealing with confidential information.
Job Duties:
Job Duty
Financial Planning and Reporting:· Manage the foundation’s overall budget, including grant budgets and cash flow forecasts.· Prepare and present financial statements and reports for the Board of Directors.· Reconciles monthly statements of activity for investments and operating accounts.· Calculates available endowment pending on an annual basis and analyzes unspent funds.
Essential Function: Yes
Percentage of Time: 35
Job Duty
Accounting and Auditing:· Manage general ledger, accounts payable, and accounts receivable.· Maintains supporting schedules for split-interest agreements, annuities, pledge discounts, allowances and records activity in general ledger.· Oversee the annual external audit process and assist with preparation of tax return.· Reimburse University for Scholarships paid to students with Fund held by the Foundation. Reconcile Upstate general ledger account for scholarships awarded by Financial Aid and paid by the Foundation.· In accordance with the USC/ Foundation Affiliation agreement, prepare shared services billing quarterly. At the end of the year, offset services against Unrestricted Fund expenses paid by the Foundation. Record amounts to University’s general ledger.
Essential Function: Yes
Percentage of Time: 35
Job Duty
Compliance and Regulations:· Ensure compliance with tax regulations, accounting standards, and grant guidelines.· Maintain accurate records and documentation.
Essential Function: Yes
Percentage of Time: 5
Job Duty
Foundation Operations:· Works closely with the Vice Chancellor for University Advancement to develop policies and strategies for effectiveness and efficiency for the Foundation.· Serves as liaison to campus divisions and colleges with regards to designated funds, fund reporting and accountability.
Essential Function: Yes
Percentage of Time: 10
Job Duty
Grant Award Management:5· Develop and manage grant budgets, tracking of expenditures, and ensuring proper financial reporting of Foundation received grants.
· Prepare and submit timely and accurate progress and final reports to funders, demonstrating project outcomes and impact.
· Ensures compliance with all grant terms and conditions, monitoring of project progress, and addressing any issues or challenges that arise.
Essential Function: Yes
Percentage of Time: 10
Job Duty
Other duties as assigned.
Essential Function: Yes
Percentage of Time: 5
Job Close Date:
Open Until Filled: Yes
Special Instructions to Applicant:
The application must be completed including all current and previous work history and education. A resume may be attached, but not substituted for completing work history and education sections of the application.
USC Upstate offers a valuable benefits package including but not limited to:
- Health and Life Insurance
- Retirement Programs
- Paid Tuition Program
- Dependent Scholarships
- Employee Assistance Program (EAP)
- Annual Leave
- Sick Leave
- 13 Paid Holidays (including an extended December holiday)
- Paid Parental Leave
- Professional Development Opportunities
To apply, please visit: https://uscjobs.sc.edu/postings/190890
The University of South Carolina does not discriminate in educational or employment opportunities or decisions for qualified persons on the basis of age, ancestry, citizenship status, color, disability, ethnicity, familial status, gender (including transgender), gender identity or expression, genetic information, HIV/AIDs status, military status, national origin, pregnancy (false pregnancy, termination of pregnancy, childbirth, recovery therefrom or related medical conditions, breastfeeding), race, religion (including religious dress and grooming practices), sex, sexual orientation, veteran status, or any other bases under federal, state, local law, or regulations.
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