Director of Foundation Finance and Operations

Job Description

The Director of Foundation Finance and Operations provides strategic leadership for the Montgomery College Foundation (MCF) and Development & Alumni Relations (DAR) financial and operational functions, overseeing finances, budgets, operational initiatives, and various strategic fundraising services that support the DAR team. The Director of Foundation Finance and Operations is a key partner to the Vice President of Development and Alumni Relations, who serves as the Executive Director of the MCF and as an MCF Officer, by utilizing business intelligence and defining CRM standards, protocols, and data reporting insights that drive fundraising success, particularly in the current $50M Our College, Our Community, Our Future Campaign.

As a highly visible leader and effective advocate for the mission of the College and the MC Foundation, the Director of Foundation Finance and Operations cultivates, sustains, and supports productive relationships with colleagues across campus. This professional also develops and implements programs, experiences, practices, and protocols that promote significant operational enhancements and transparency with donors and other key stakeholders.

The Director of Foundation Finance and Operations oversees strategic fundraising support by leading three essential areas: Foundation Finance, Analytics and Operations, and DAR Advancement Services (including CRM oversight, Gift Acceptance & Processing, and Gift Stewardship). This role aims to create, sustain, and integrate a customer-service-oriented, fundraiser-friendly, and donor-centric Foundation Finance and Advancement Services model. It aligns Foundation and DAR operational functions, develops and maintains key gift acceptance and stewardship policies and procedures, and ensures the data-informed, analytical growth of the department through the CRM and other systems. This role also upholds the integrity of constituent data while adhering to legal privacy requirements and ethical standards. The professional will partner closely with the VP DAR/ED MCF and MCF leadership, serve as a strategic advisor to other division leaders, and drive the DAR team's CRM data management protocols, streamline capabilities, and enhance the organization's business intelligence capacity.

This role also serves as one of two MCF Officers on staff, specifically the Foundation's Chief Financial Officer (Director of Foundation Finance and Operations). In this capacity, this leader is a seasoned financial and board operations professional, with direct oversight of all fiduciary aspects of the Foundation's finances, and supports the ED MCF in efforts toward effective board governance and operational practices. The Director of Foundation Finance and Operations is responsible for developing and implementing strategies and tactics that ensure effective fiscal management. This industry leader collaborates closely with the ED MCF, the Board Chair, the Chair of the Treasurer Committee, and the Executive Committee of the Board. This individual serves as the primary contact and liaison for the Foundation's investment advisor(s) and is a vital team member supporting the ED's leadership and oversight of the MCF. This leader works directly with the College's executive leadership team and other College leaders as needed to support the MCF Board of Directors.

Essential Functions:

Oversight of all MC Foundation and Development, and Alumni Relations (DAR) financial and fiduciary obligations.

• Develop and implement strategies and tactics that result in effective fiscal management.
• Develop robust analytics and dashboards reflecting the standing and position of foundation finances and investments.
• Oversight of MCF and DAR annual budget planning, tracking, and resource forecasting/analysis of expenditure trends.
• Oversight of 100M in total assets (including a 40M endowment) and managing the investment activities of the Foundation investment advisor to monitor and assess investment performance and recommend investment changes to ensure maximum return.
• Lead development and implementation of Constituent Relationship Management (CRM) system standards, protocols, and data and reporting insights that drive fundraising success.
• Drive innovation efforts that generate insights into utilizing technology and data tools to support advancement services and drive strategic insights into fundraising success.
• Serve as a thought partner with the Vice President of DAR and Executive Director of MCF in ensuring the success of Foundation activities and mission.

Oversight of Board Operations

• Oversee the creation, maintenance, and storage of vital Foundation Board communications and records, which include: Board assessment and governance tools, forms, and meetings.
• Lead the planning process and execution of the tri-annual Board of Directors meeting schedule and off-cycle MCF Board Committee meetings/special meetings throughout the year.
• Serve as the principal staff assigned to support the Treasurer Committee and the Real Estate Committee, and ensure appropriate staffing of all MCF Board Committees.
• Oversight of Gift Acceptance and Gift Processing of monetary and non-monetary gifts (i.e., personal property, real estate).
• Provide strategic direction to expand and enhance current and expanding stewardship and gift administration practices.
• Perform other duties as assigned.

Requirements

• Bachelor's Degree in finance, accounting, or related field. MBA or CPA preferred.
• At least 8 years of demonstrable leadership experience with increasing responsibility and demonstrated success in financial management within the non-profit sector, a strong understanding of nonprofit accounting standards, budget forecasting and management, fundraising operations, information management, and/or business intelligence and data analytics, preferably in a nonprofit organization.
• Experience managing and leading a team, including mentoring and developing staff, including managing remote team members.
• Experience managing and developing foundation board operations.
• The equivalent combination of education, training, certification, and/or experience that provides the required knowledge and expertise to perform the essential functions of the job may be considered.
• Knowledge and understanding of effective and efficient practices and protocols for multiple advancement services and operations areas.
• Knowledge of best practices related to all areas of gift stewardship.
• Subject matter expert in gift acceptance and compliance with federal and state laws.
• Strong knowledge of top-tier development programs, including all financial, accounting, and fundraising operations functions, and a successful track record leading nonprofit audits and managing outsourced chief investment officer relationships.
• Excellent interpersonal, diplomacy, project and change management, communication, presentation, and writing skills.
• Eligible applicants must currently be authorized to work in the United States and not require employer visa sponsorship

Hiring Range: The hiring range is $110,133 - $151,447 annually. Initial salary placement for new hires falls between the minimum and midpoint of the range and is based on relevant candidate experience and internal equity. The maximum salary for this position is $192,761 annually.

Application Process:

• Click Here to apply online
• Applications submitted by May 23, 2025, will receive full consideration. The position will remain open until filled.
• Submission of a cover letter is recommended and preferred.

For degrees earned outside of the U.S., a copy of your education equivalency, conducted by a nationally recognized evaluation service, must be included in your application.

As a condition of employment, the following are required at the time of hire:

• Successful completion of a background check and degree verification (if applicable).

• Participation in a Maryland State Retirement System plan (Pension or Optional Retirement Plan, depending on the position). If you are already retired from the Maryland State Retirement System, you may not enroll in a Maryland State Retirement System plan at Montgomery College and may have earn ings restrictions, per state law.

Our benefits package includes: generous paid vacation, sick, paid holidays, medical, dental, vision, group legal benefits, professional development, retirement plan, educational assistance, tuition waiver for employee and dependents, wellness programming including onsite gyms, pools and classes.

If a reasonable accommodation is needed to participate in the job application or interview process, please contact Human Resources and Strategic Talent Management at 240-567-5353 or HRSTM@montgomerycollege.edu. We require at least two weeks advance notice to enable us to provide the requested accommodation.

Montgomery College is an equal opportunity employer committed to promoting and fostering diversity among its student body, faculty, and staff.

Montgomery College is a tobacco-free and smoke-free workplace.

Closing Date