Title: CFO UNC Health Foundation Location: Chapel Hill United States Job Description: 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. Del