Job No. 156395
- Job Title:
- Assistant Vice President for MSU Foundation Operations
- Employer:
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Morgan State University
- Location:
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Baltimore , MD
- Posting Date:
- 11-Sep-2025
- Description:
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Job Summary
Reporting to and partnering with the Vice President for Institutional Advancement and Executive Director of the Morgan State University Foundation, the Assistant Vice President (AVP) for Morgan State University Foundation Operations will collaborate closely with the executive director, senior leaders, and board members to ensure the fiscal integrity, sustainability, and mission alignment of the foundation. The AVP will provide strategic financial direction and oversight to support the organization’s mission and goals.
This is a hands-on leadership role requiring a proven change agent who can assess, audit, and evaluate existing systems and processes; implement new accounting and financial management systems; restructure financial accounts and chart of accounts; and establish best-in-class operational practices. The AVP will manage the finance team, strengthen internal systems, and deliver operational solutions that optimize efficiency, accountability, and transparency.
The AVP will be a strategic and operational leader with exceptional technical expertise, interpersonal skills, and the ability to execute. They will partner with the investment advisors to manage the university’s endowment and oversee complex fund accounting, financial reporting, audit oversight, budgeting, forecasting, and compliance. The AVP will also serve as a trusted advisor and collaborator to campus colleagues, ensuring effective stewardship and management of gift funds.
Job Duties
Financial Management Policies and Procedures
Develop, implement, and continuously improve financial policies, procedures, and internal controls to safeguard foundation assets and ensure compliance with legal and regulatory requirements.
Prepare and present accurate, timely financial reports, budgets, and forecasts to the Executive Director, board of directors, and stakeholders.
Oversee all accounting functions, including accounts payable, accounts receivable, payroll, reconciliations, and general ledger management.
Ensure consistency in financial reporting and alignment across advancement units.
Funding Administration, Operations, and Financial Systems
Lead a comprehensive assessment and audit of current financial and operational systems, identifying gaps, inefficiencies, and risks.
Serve as a change agent to design and implement modern accounting and financial management systems that strengthen automation, transparency, and accountability.
Restructure and maintain the chart of accounts, ensuring alignment with organizational growth, fund structures, and reporting needs.
Oversee the funding process for endowed funds, scholarships, restricted and unrestricted accounts, ensuring compliance with donor intent and legal standards.
Ensure accuracy, timeliness, and transparency in gift fund management and disbursement.
Establish benchmarks and best practices for operational excellence in nonprofit financial management.
Strategic Planning and Governance
Provide strategic financial analysis and scenario planning to guide executive and board decision-making.
Partner with the Executive Director and board finance committee on investment management, endowment performance, and risk assessment.
Support governance activities including board reporting, committee management, and fiduciary education.
Compliance and Risk Management
Ensure compliance with IRS regulations, GAAP, and relevant state and federal requirements.
Manage audit preparation, auditor relationships, and timely completion of audits with clean findings.
Develop and implement risk management frameworks to mitigate financial, operational, and regulatory risks.
Safeguard confidential information and maintain robust fraud prevention and data security protocols.
Leadership and Team Development
Lead, mentor, and manage finance and operations staff, promoting accountability, professional development, and cross-functional collaboration.
Act as a transformational leader who builds staff capacity and fosters a culture of innovation, continuous improvement, and excellence.
Serve as a visible leader and partner across the university, ensuring open communication and effective collaboration
Requested Minimum Qualifications
Education
A Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field from an accredited college or university is required.
Experience
At least 10 years of progressive experience in nonprofit financial management, foundation operations, or related sector is also required.
Other Preferences for Consideration
Preferences
An advanced degree (MBA, CPA) from an accredited college or university is preferred.
CPA or CFA designation is strongly preferred.
Demonstrated success in evaluating, implementing, and managing new financial/accounting systems as a change leader.
Expertise in fund accounting, GAAP, and nonprofit audit practices; higher education or foundation experience strongly preferred.
Knowledge of investment analysis and portfolio management.
Proven ability to redesign and maintain charts of accounts, financial processes, and operational systems.
Knowledge, Skills & Abilities
Knowledge, Skills & Abilities
Strong leadership skills with a track record of managing and developing teams.
Excellent communication, presentation, and interpersonal skills to engage effectively with staff, leadership, board members, donors, and external partners.
Proficiency with financial systems, databases, investment tracking tools, and Microsoft Office Suite.
- Contact information:
- Morgan State University
- Baltimore , MD 21251
- United States
- Employer's Website:
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