CFO

Description Become part of an inclusive organization with over 40,000 teammates, whose mission is to improve the health and well-being of the unique communities we serve. Summary The Chief Financial Officer (CFO) for UNC Health Foundation (the Foundation) is a member of the Foundation's senior leadership team and reports directly to the President of the Foundation, who also serves as the Chief Philanthropy Officer of UNC Health. The CFO will also have a secondary, cross‑functional relationship to the Corporate Controller for the UNC Health system and the CFO of the UNC School of Medicine. This position is responsible for all financial and risk management functions of the Foundation and provides strategic financial direction for all affiliated foundations. This position has substantial independence and responsibility for financial, investment, endowment, and program support reporting. The position will also have some responsibilities at the system level as assigned. Responsibilities Strategic Business Planning As part of the senior leadership team, advise the President of the Foundation on business matters and on financial implications of proposed actions/initiatives. Maintain rolling multi‑year financial projections to be used in decision making and strategic planning. Oversee the development of annual Foundation operating budgets that encompass organizational objectives. Safeguarding of Foundation Assets Maintain a suitable system of internal controls over financial processes / transaction cycles, to include appropriate separation of duties amongst the Finance team. Ensure smooth execution of routine and recurring financial processes. Review and approve monthly reconciliations prepared by direct reports. Maintain the Foundation’s Investment Policy Statement on behalf of the Finance and Investment Committee of the Foundation’s Board of Directors, revising or redrafting as necessary and prudent. Execute the actions / policies called for in the Investment Policy Statement, including the exercising of appropriate oversight over investment advisors and periodic reporting on investment return and risk metrics to the Foundation and Investment Committee. Regularly monitor Foundation funds for opportunities to consolidate, repurpose, and/or liquidate funds that might be underutilized. Oversee banking relationships. Treasury Management Working with the CFO, UNC School of Medicine and Faculty Practice and Corporate Controller, UNC Health: Direct the forecasting of cash flow positions, related borrowing needs and available funds for investments; Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements; Manage all aspects of In‑house investment portfolio including determining investment goals while maintaining/managing to system’s risk profile; Advise senior leadership on the liquidity aspects of its short and long‑range planning; Direct and manage long‑term and short‑term investment strategies; Responsible for directing and overseeing investment of funds, managing and limiting risks. Board and Stakeholder Support / Communications Provide the Foundation’s Board of Directors and its various Committees with reporting and advice to aid in their governance and oversight. Serve as the executive liaison to the Foundation’s Finance and Investment Committee and prepare periodic, regular reporting on the Foundation’s financial operations and investment results. Communicate widely and frequently to Foundation stakeholder groups including the department chairs and associate chairs of the School of Medicine and UNC Health leadership. Provide timely, accurate, and comprehensive fund balance and activity reporting to the disbursing authorities of the Foundation’s funds. Audit and Compliance Lead the financial statement preparation process and serve as liaison with external auditors. Allow for the timely submission of the IRS form 990. Uphold donor and statutory requirements as called for in UPMIFA and other relevant laws/regulations, ensuring that funds are disbursed only in a manner consistent/allowable with donor restrictions and Foundation/University/Health System policies. Management and Leadership of Finance Team Establish annual Finance team goals based on overarching Foundation goals and priorities. Monitor team performance and provide timely, constructive feedback. Provide Finance team members with professional development opportunities and other tools needed for success and growth. Leading People Leads people toward meeting the organization’s vision, mission, and goals. Provides an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Encourages workforce engagement by building a commitment to excellence and by promoting the organization’s vision internally and externally. Delegates’ responsibility clarifies expectations and holds others accountable for achieving results related to their area of responsibility. Leads in a deliberate and predictable way and operates with transparency. Treats sensitive or confidential information appropriately. Develops the ability of others to perform and contribute to the organization by providing ongoing feedback and by providing opportunities to learn through formal and informal methods. Manages and resolves conflicts and disagreements in a constructive manner. Leading Change Acts as a catalyst for organizational change. Influences others to translate vision into action. Brings about strategic change, both within and outside the organization, to meet organizational goals. Establishes an organizational vision and implements it in a continuously changing environment. Is open to change and new information and rapidly adapts to new information, changing conditions, or unexpected obstacles. Deals effectively with pressure and remains optimistic and persistent, even under adversity. Recovers quickly from setbacks. Formulates objectives and priorities, and implements plans consistent with the long‑term interests of the organization. Capitalizes on opportunities and manages risks. Takes a long‑term view and builds a shared vision with others. Serves on the Foundation Senior Leadership Team. Results Driven Exceeds organizational goals and customer expectations. Makes decisions that produce high‑quality results by applying technical knowledge, analyzing problems, and calculating risks. Holds self and others accountable for measurable high‑quality, timely and cost‑effective results. Delivers high‑quality services and is committed to continuous improvement. Fosters a culture of safe and compassionate patient care. Makes well‑informed, timely decisions, even when data are limited or solutions produce unfavorable results. Positions the organization for success by identifying new opportunities and builds the organization by developing and improving services. Leads the budgeting process. Uses cost‑benefit thinking to set priorities, monitors expenditures in support of programs and policies, and identifies cost‑effective approaches. Qualifications Education Requirements Bachelor's degree required. Licensure/Certification Requirements Certified Public Accountant (CPA) license required. Professional Experience Requirements Requires a minimum of twelve (12) years of experience, with at least ten (10) years of management experience in financial functions in a Foundation or other non‑profit organization preferably in a university‑affiliated foundation or hospital or health system foundation. Knowledge/Skills/and Abilities Requirements Strong verbal and written communication skills; Excellent organizational skills; Excellent interpersonal skills and judgement; Strong skills in MS Excel and MS Word; Ability to interact with internal and external individuals, groups, agencies, the donor public, administrators, faculty, staff, students, etc.; Ability to maximize efficiency, timeliness and accuracy of financial systems and processes; high level of integrity and dependability with strong sense of urgency and results oriented; strong problem‑solving skills; and ability to exercise sound judgment. Job Details Legal Employer: NCHEALTH Entity: Shared Services Organization Unit: UNC HCS Foundation Work Type: Full Time Standard Hours Per Week: 40.00 Pay offers are determined by experience and internal equity Work Assignment Type: Hybrid Work Schedule: Day Job Location of Job: US:NC: Chapel Hill Exempt From Overtime: Exempt: Yes Qualified applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, disability, status as a protected veteran or political affiliation. UNC Health makes reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as applicants and employees with disabilities. All interested applicants are invited to apply for career opportunities. Please email View email address on click.appcast.io if you need a reasonable accommodation to search and/or to apply for a career opportunity. #J-18808-Ljbffr