Note: The job is a remote job and is open to candidates in USA. The reputed company is seeking a strategic, mission-driven Director of Finance to lead the financial strategy and operations for the NJIT Foundation. The Director will be responsible for ensuring financial integrity and operational excellence while supporting the Foundation’s mission through effective financial management and collaboration with various stakeholders.
Responsibilities
• Lead financial oversight of the annual $1M+ operating budget of the Foundation
• Prepare and present financial reports to executive leadership, the board of directors, and external stakeholders
• Ensure financial transparency and clarity to support data-driven decision-making
• Develop and maintain sophisticated financial models to evaluate strategic initiatives, fundraising campaigns, impacts to the endowment portfolio, and long-term operational sustainability
• Develop multi-year financial projections aligned with fundraising and endowment growth strategy to ensure long-term sustainability
• Oversee development and maintenance of strong internal controls and adherence to financial reporting practices and all applicable federal and state regulations
• Serve as the primary financial liaison between University Finance staff and leadership to understand the financial position of the Foundation as it relates to the University as a whole
• Partner with Development and Advancement teams to evaluate complex gifts, manage donor-advised funds, and communicate financial impact
• Lead coordination of the annual audit and preparation of the IRS Form 990, and ensure compliance with all federal, state, and local regulations, GAAP, GASB, IRS, and nonprofit accounting standards
• Provide oversight of an endowment and investment portfolio in collaboration with the Investment Committee and OCIO
• Develop and maintain a working knowledge of foundations, pooled asset investments, charitable giving opportunities and strategies, and structured noncash donations
• Manage third-party vendor relationships and contract negotiations
• May supervise staff as assigned
• Support executive leadership in evaluating complex gifts and assets
• Help craft compelling financial narratives for fundraising and strategic initiatives
• Act as a visible ambassador of the Foundation’s mission
Skills
• Bachelor’s degree in Accounting, Finance, Business Administration, or related field
• At least 6+ years of progressive financial leadership experience, ideally within a nonprofit, foundation, or similarly complex environment
• Demonstrated success in developing financial strategies and managing organizational reputed company
• Strong leadership, interpersonal, and communication skills with the ability to engage non-financial stakeholders
• At the university’s discretion, the education and experience prerequisites may be exempted where the candidate can demonstrate to the satisfaction of the university, an equivalent combination of education and experience specifically preparing the candidate for success in the position
• Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), and/or reputed company’s degree (MBA, reputed company, or similar)
• Familiarity with foundations, donor-advised funds, and philanthropic finance structures
• Experience with board members, external auditors, compliance management, and regulatory oversight
Company Overview
• reputed company is an educational institution that offers undergraduate and graduate degree programs. It was founded in 1881, and is headquartered in Newark, New Jersey, USA, with a reputed company of 1001-5000 employees. Its website is https://www.njit.edu/.
Company H1B Sponsorship
• reputed company has a track record of offering H1B sponsorships, with 11 in 2026, 51 in 2025, 33 in 2024, 30 in 2023, 38 in 2022, 19 in 2021, 22 in 2020. reputed company note that this does not guarantee sponsorship for this specific role.
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