Chief Financial Officer

About the Job

Overview :

The Chief Financial Officer (CFO) provides strategic and hands-on leadership of all financial operations at the University of Minnesota Alumni Association (UMAA), a 501(c)3 nonprofit serving more than 533,000 alumni worldwide. Reporting to the President and CEO, the CFO oversees accounting, budgeting, forecasting, reporting, cash management, risk management and audit functions, while also managing HR and IT with University support. As a member of the senior leadership team, the CFO partners closely with peers, staff, board members, and external stakeholders to ensure financial stewardship, operational excellence, and scalable growth in support of UMAA’s mission.

Essential Functions May Include :

• Lead and oversee all accounting and finance operations, ensuring accuracy, compliance, and effective internal controls.
• Manage annual operating and capital budgeting processes; oversee forecasting and alignment with University of Minnesota financial systems.
• Prepare and present financial reports to the CEO, Finance & Audit Committee, Executive Committee, and Board of Directors.
• Direct annual audit, IRS filings, and business filings; ensure compliance with nonprofit accounting standards and reporting requirements.
• Supervise and develop the accounting team
• Manage risk, insurance, contracts, and compliance, with external counsel.
• Oversee HR functions including performance management, hiring, onboarding, compensation reviews, and personnel records.
• Serve as UMAA liaison to University IT; lead financial system improvements including ERP implementation and expense management tools.
• Provide financial analysis, insight, and recommendations to support strategic decision-making and long-term sustainability.
• Partner with University of Minnesota Foundation Investment Advisors on fund management.
• Serve as member and Secretary of Board of Directors of University Gateway Corporation.

Qualifications

Minimum Qualifications :

Preferred Qualifications :

About the Department

About the Alumni Association

The University of Minnesota Alumni Association fosters a lifelong spirit of belonging and pride by connecting alumni, students, and friends to the University of Minnesota and each other. The Association advocates for the University and its alumni with a credible, independent, and collaborative voice. The University of Minnesota Alumni Association currently has a flexible working environment that allows for in-person and remote work.

Pay and Benefits

Salary range : $140,000–$160,000 ; depending on education / qualifications / experience

Time Appointment : 100% Appointment

Position Type : Civil-Service & Non-Faculty Labor Represented Staff