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Job Listings

Executive Director, Finance

Company:
U.S. Naval Academy Alumni Association and Foundation
Job Location:
Category:
Other Executive
Type:
Full-Time

The United States Naval Academy Alumni Association and the United States Naval Academy Foundation are two independent, not-for-profit
corporations sharing a single President and CEO, and operating as a fully integrated organization in support of the Naval Academy and its
mission. The organizations’ focus and core competencies are engagement and philanthropy in pursuit of complementary and closely aligned
missions.

The Executive Director of Finance is critical to the success of the Enterprise and reports directly to the Executive Vice
President/Chief Financial Officer (EVP/CFO), serving both organizations. The consolidated balance sheet contains assets of over $620M, and
the average annual revenue of the Enterprise is over $100M. The successful candidate shall be technically competent, collaborative, and an
excellent communicator and will assist the EVP/CFO with oversight of all financial and accounting functions, work closely with the United
States Naval Academy (USNA) Comptroller and Naval Academy Athletic Association (NAAA) CFO, and will also interface with both Boards, as well
as the Joint Finance and Audit Committee, and Joint Investment Committee, of the Boards. This role also works closely with internal staff
across all departments to create efficiencies and leverage opportunities throughout the Enterprise.

This exempt position has an
annual range of $95,100 through $135,800.

This position pays a competitive salary commensurate with experience and is also
eligible for an annual performance-based bonus of up to 6%, when applicable. You would also be eligible for a generous benefits plan
which includes medical, dental, vision, an FSA, an HSA, a fully vested 403(b) retirement plans with employer matching, 22 days of
accrued paid time off (PTO) per fiscal year, 14 paid holidays per calendar year, group life insurance, short-term & long-term disability,
identity theft protection, and annual opportunities for professional development. Although not guaranteed, certain additional benefits may
be offered through the Naval Academy, such as use of certain recreational facilities (including the Brigade Sports Complex gym, marina and
indoor/outdoor pools).

This position is based in historic Annapolis at our current offices located overlooking the Severn River on
the beautiful grounds of the U.S. Naval Academy. In 2023, the staff of the Alumni Association and Foundation moved into which are on the banks of College Creek
overlooking the Naval Academy and downtown Annapolis.

ABOUT THE UNITED STATES NAVAL ACADEMY (USNA) ALUMNI ASSOCIATION AND
FOUNDATION

The United States Naval Academy Alumni Association and the United States Naval Academy Foundation are two
independent, not-for-profit corporations sharing a single president and CEO and operating as a fully integrated organization in support of
the Naval Academy and its mission. The organization’s focus and core competencies are engagement and philanthropy in pursuit of
complementary and closely aligned missions.

Our Mission: The course set by Alumni Association founders in 1886 rings true today as
our mission is to serve and support the United States, the Naval Service, the Naval Academy, and academy alumni by:

  • Furthering
    the highest standards at the Naval Academy,
  • Seeking out; informing, encouraging, and assisting outstanding, qualified young men and
    women to pursue careers as officers through the Naval Academy.
  • Initiating and sponsoring activities that will perpetuate the
    history, traditions, memories, and growth of the Naval Academy and bind alumni together in support of the highest ideals of command,
    citizenship, and the government.

Our important mission requires that we hire and retain the best of the best. To do
that, we offer competitive pay, generous benefits, opportunities for career development, and a positive work experience.

Qualifications

  • B.S. in Accounting or Finance
  • Certified Public Accountant (CPA) preferred
  • At least 7
    years’ accounting experience
  • Expertise in non-profit accounting
  • In-depth knowledge of finance and budgeting
    concepts
  • Relevant experience with non-profit tax reporting
  • Familiarity with payroll processing and relevant rules and
    regulations
  • Experience accounting for planned gifts and other philanthropic giving vehicles
  • Familiarity with current
    accounting software systems with experience in Blackbaud products (Financial Edge NXT and CRM) is highly desirable
  • Experience in a
    Foundation or Higher Education environment preferred
  • Strong supervisory, problem solving, research, and communication skills are
    necessary
  • Strong interpersonal skills in managing people and working as part of a team is necessary

Responsibilities

  • Responsibility for maintaining the company’s system of accounts, books and records on all company
    transactions and assets.
  • Responsibility for the preparation and review and analysis of internal monthly financial
    statements.
  • Manages the external audit and tax preparation and compliance.
  • Responsible for the coordination and assists in
    preparation of the annual budget and budget execution.
  • Presents financial data to outside committee/boards.
  • Guides financial
    decisions by establishing, monitoring and enforcing policies and procedures.
  • Monitors the flow of cash receipts and disbursements to
    meet the needs of the Enterprise to include managing daily cash needs.
  • Oversee programs to minimize risks and losses that might
    arise from financial transactions and business operations undertaken by the organization.
  • Manages the renewal process for the
    liability insurance coverages for the Enterprise, and ensures the organizations has appropriate coverage.
  • Works closely with the
    EVP/CFO on the organizations’ Enterprise Risk Management framework.
  • Coordinates the processing of gift funds to USNA and
    NAAA.
  • Responsibility for evaluating the performance of the 13 members of the Finance Department.
  • Recommends training
    requirements and has the duty to keep the staff at the highest level of skill necessary to meet the needs and objectives of the
    organizations.
  • Responsible for internal controls and risk assessment.
  • Responsible for evaluating and improving department
    processes.
  • Oversees and manage special projects, including projects to implement new systems.
  • Responsible for remaining
    current in financial regulations. Accounting standards and best practices.

Apply: Please go to and apply on our website.

The USNA Alumni
Association and Foundation is an Equal Opportunity Employer.

Veterans encouraged to apply.

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