Director of Accounting, University Foundation

Director Of Accounting

The Director of Accounting will oversee the day-to-day accounting operations of the Foundation and its subsidiaries while ensuring accuracy, compliance, and timely financial reporting. This position will manage general ledger activities, reconciliations, accounts payable / receivable, and gift accounting, while maintaining strong internal controls to safeguard assets and uphold donor intent.

The growth in contributions, endowment management, and diversified revenue streams has increased transaction volume and complexity, requiring dedicated leadership in accounting. This position is essential to maintaining the Foundation's high standards of financial stewardship, accountability, and mission support for Louisiana Tech University.

1. Analyze the financial status of the non-for-profit organizations : Louisiana Tech University Foundation, Inc. (LTUF); Louisiana Tech University Alumni Association, Inc. (LTUAA); Louisiana Tech Research Corporation (LTRC). Prepare monthly financial statements.

2. Work with CFO and investment managers to develop effective and efficient processes for maintaining professorship and chair accounts and for completing all reporting as required by the Board of Regents. Prepare income projections to include the university's budgeting process for chair and professorship expenditures.

3. Authorize payments for internal operating costs and restricted education expenditures. Prepare IRS 941 and L-1. Supervise the preparation of W-9s, 1099s, and other IRS reports. Supervise entry process of contributions, dues, and receipts.

4. Provide support to the Director of Donor Engagement and Stewardship, Director of Gift Processing, and the Director of Estate Planning and Donor Relations to monitor scholarships and endowment agreements. Prepare income projections for endowments for university annual scholarship awards. Provide financial data for endowment reporting as needed.

5. At the direction of the CFO, arrange and coordinate annual audits and reports for the Foundation, Association, and Professorships and Chairs. Work with auditors in preparation of schedules, confirmations, field work, final audit reports, and board presentations.

6. At the direction of the CFO, coordinate annual preparation of informational returns Form 990 for LTUF, LTUAA, and LTRC.

7. Prepare financial and statistical reports in conjunction with the University for national and state organizations and publications. Also prepare reports for directors, staff, and volunteers to further development goals.

8. Other duties as assigned by the Chief Financial Officer.

PURPOSE OF POSITION Fiscal management for the Louisiana Tech University Foundation, Alumni Association, and Louisiana Tech Research Corporation based on each organization's goals and objectives as established by their respective boards serving as support for the education activities of the University.

QUALIFICATIONS / REQUIREMENTS Bachelor's degree in accounting, Certified Public Account or candidate preferred; minimum of 3-5 years experience in accounting, or related business experience with preference in higher education and / or not-for-profit; demonstrate leadership, supervisory, and administrative skills; excellent communication skills to relate to a diverse university and business community.

ESSENTIAL FUNCTIONS OF JOB Excellent knowledge of accounting principles, system controls, and fund accounting; knowledge of not-for-profit accounting preferred; general knowledge of computers, with good computer skills required; good communication skills, both verbal and written; and flexible work schedule allowing for after-hours and weekend time as required.

SUPERVISORY RESPONSIBILITY (if applicable) Position titles of your subordinates : Sr. Director of University Services and Accounts Payable Director of Gift Processing Nature of supervision : Assist in questions / issues that arise. Approve time off requests.

Louisiana Tech is an Equal Opportunity / Affirmative Action / ADA Employer and places a high priority on the creation of an environment supportive of ethnic minorities, women, veterans, and persons with disabilities.