The University of Texas MD Anderson Cancer Center (MDACC) is one of the world's most respected centers devoted exclusively to cancer patient care, research, education and prevention. The mission is to eliminate cancer in Texas, the nation, and the world through outstanding programs that integrate patient care, research and prevention, and through education for undergraduate and graduate students, trainees, professionals, employees and the public. With a vision to be the premier cancer center in the world, based on the excellence of our people, our research-driven patient care and our science, we are Making Cancer History®.
MDACC has more than 22,000 employees including over 1,700 faculty members and approximately 3,100 onsite and offsite volunteers.
The Executive Director, Finance and Gift Operations leads and provides guidance to the Development Division's finance, gift operations, risk management and gift compliance teams, overseeing all aspects of this customer-service driven team. As a member of the Senior Leadership Team, this partner provides strategic planning, management and collaborative direction to support and promote MD Anderson's fundraising goals through the execution of operational functions for the Division.
In partnership with Senior Leadership Team peers, the Executive Director, Finance and Gift Operations is a strategic partner to the SVP and CDO, playing a key role in developing, monitoring, and evaluating financing and funding strategies. This leader will develop strategies and processes to carry out the Division's objectives, oversee budget, revenue and expense management, lead risk management and gift compliance activities, identify opportunities for growth, and areas in need of improved performance.
Financial and Operational Management 40%
• Develop business plans to manage a multi-million budget, lead the division's annual budgeting process and oversee divisional fiscal goals
• Oversee all aspects of accounting, including cash flow, planning, reporting, organizational and departmental budgeting, and forecasting
• Oversee all aspects of gift operations, including processing gifts, posting gifts to the general ledger, gift acknowledgement letters, letters of intent, and tax receipts in compliance with IRS regulations and internal controls
• Ensure the timely and accurate preparation of financial statements, financial reports, special analyses, and informational reports
• Partner closely with the Executive Director, Decision Science to analyze and monitor the Division's funding model and work towards continuous improvement; partner in the preparation of financial forecasts and modeling to enable decision-making about future funding capacities
• Represent the Division with the institution's budget, audit and finance teams on shared projects and processes
• Serve as the subject matter expect on all policies, procedures and processes related to institutional financial and expense related practices
Audit, Risk Management and Gift Compliance 30%
• Lead the division's risk management efforts and recommend strategies and processes in support of high reliability operations
• Establish and maintain appropriate internal control safeguards, including risk identification and corresponding mitigation actions (best practices) designed to reduce potential risks to the institution from legal, financial, reputational, dependency and safety issues associated with donor relations
• Oversee all aspects of donor gift compliance in partnership with Donor Relations team to ensure compliance with institutional, state and federal regulations and to ensure gifts and gift commitments are handled ethically, confidentially and efficiently per donor intent
• Oversee completion and submission of mandated financial audit reports and is responsive to any and all inquiries from internal and external auditors, when applicable.
• Ensure compliance with local, state, and federal reporting requirements including IRS reporting requirements
• Serve as the staff liaison to the Research Finance and Legal teams
• Lead Finance, Gift Operations, Risk Management and Gift Compliance teams
• Establish and implement short and long-range department goals, objectives, policies, and operating procedures. Set staff goals and monitor performance
• Oversee and coordinate ongoing business process improvement efforts to maximize quality and efficiency of the division's operations and adherence to industry standards, practices and trends
• Recruit, train, develop, supervise, and evaluate finance, risk management and gift compliance staff
• Initiate and coordinate changes and improvements in automated financial and management information systems
• Serve as a member of the Development Division Senior Leadership Team
Education Required: Bachelor's degree
Preferred: Master's degree in business or related field
• Progressive experience in a senior level finance or accounting position with demonstrated leadership skills and a track record of accomplishments. Proven professional experience in finance, accounting, contracts, budgeting, and cost control principles including Generally Accepted Accounting Principles and automated financial reporting systems.
Preferred: industry experience in not-for-profits and/or public higher education.
• Knowledge of federal and state financial regulations.
• Knowledge of CASE Global Reporting Standards
- Requisition ID: 149914
- Employment Status: Full-Time
- Employee Status: Regular
- FLSA: exempt and not eligible for overtime pay
- Work Week: Days
- Fund Type: Hard
- Work Location: Hybrid Onsite/Remote
- Minimum Salary: US Dollar (USD) 0
- Midpoint Salary: US Dollar (USD) 0
- Maximum Salary : US Dollar (USD) 0